Surface Injectable Contract Manufacturing Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: LS240910 | Research Suite: Report (PDF) & Market Data (Excel)
The global surface injectable contract manufacturing market was valued at USD 14.8 billion in 2022, and a CAGR of 8.1% is expected during the forecast period. Unlike therapeutic drugs, injectable have the ability to bypass the innate defense mechanism of the body, ensuring higher efficiency of therapeutic drugs. Growing demand for cell therapy and gene therapy has driven the demand for surface injectable in the market significantly. Operational efficiency and cost reduction are the key features of surface injectable. The increasing prevalence of chronic diseases like cancer, diabetes, neurological disorders, infectious disorders, and cardiovascular disorders is driving growth in the market.
Growth Drivers
Growing pipelines of injectable drugs, including biologics, cell, and gene therapies, which require specialized sterile manufacturing environments. These innovative therapies, particularly for diseases like cancer and autoimmune disorders, drive the demand for contract manufacturing. As biologics and biosimilars become more common, their complexities necessitate expertise in sterile manufacturing. Contract manufacturers are playing a crucial role in meeting these production requirements, particularly in cancer and chronic disease treatments.
Increasing demand for outsourcing their
manufacturing to contract manufacturing organizations to streamline operations
and reduce costs is driving growth in the market. Advances in production
technology, especially for complex injectable formulations, are also driving
growth in the market significantly. Increasing investment by companies in novel
techniques to meet stringent regulatory standards is also driving growth in the
market.
Segmentation
By Molecules Type
·
Biologics
·
Small Molecules
By Therapeutic Applications
·
Cancer
·
Diabetes
·
Cardiovascular disease
·
Neurological Disorders
·
Infectious Disorders
·
Muscoskeletal Disorders
·
Others
Route of Administration
·
Subcutaneous
·
Intravenous
·
Intramuscular
·
Others
By End-User
·
Pharmaceutical Companies
·
Biopharmaceutical Companies
·
Others
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Surface Injectable Contract
Manufacturing Market by Therapeutic Application
On the basis of therapeutic application, the surface injectable contract manufacturing market is segmented into cancer, diabetes, neurological disorders, cardiovascular disorders, infectious diseases, muscoskeletal diseases, and others. Many cancer therapies involve biologics and novel treatments, which often require sterile injectable formats to maintain drug stability, effectiveness, and precise delivery. Sterile injectable are crucial for delivering advanced oncology treatments, like monoclonal antibodies, immunotherapies, and cell-based therapies.
Increasing global
incidence of cancer is a significant driver of demand for injectable therapies.
For example, in regions like North America and especially in Canada, the number
of cancer patients is increasing significantly. Growing burden fuels the need
for contract manufacturers to produce specialized sterile injectable drugs.
Pharmaceutical companies involved in cancer drug development increasingly
outsource the production of these complex therapies to contract manufacturing
organizations to optimize efficiency and manage costs. Regulatory approvals of
new cancer treatments, especially biologics and biosimilars, are accelerating.
These therapies often require sophisticated sterile manufacturing processes,
which drives further demand for contract manufacturing services. Neurological
disorders such as Alzheimer’s and Parkinson’s are also driving the demand in
the market significantly. Parkinson disease is very common these days, and some
rare diseases like OPCA are also contributing to the market growth
significantly.
Surface Injectable Contract
Manufacturing Market by Molecules Type Segmentation
On the basis of the type, the surface injectable contract manufacturing market is segmented into biologics and small molecules. Biologics is emerging as the leading segment because biologics, such as monoclonal antibodies, vaccines, and gene therapies, are complex molecules that require specialized manufacturing markets. Demand for biologics has increased due to their ability to deal with chronic diseases like cancer, diabetes, and neurological disorders in an effective manner. Biologics often need sterile injectable formats to ensure stability and precise administration.
Development
of pipelines for biologics has grown significantly. Trend is driving the demand
for contract manufacturing organizations. The rise of biosimilars, which are
generic versions of biologics, is another key factor. Due to their complexity,
biologics require stringent manufacturing processes, which pharmaceutical
companies prefer to outsource to specialized CMOs. This demand for high-quality
production facilities is making biologics the dominant segment in the market.
Growing demand for cell therapy and gene therapy has driven the demand for
surface injectable in the market significantly. Operational efficiency and cost
reduction are the key features of surface injectable.
Regional Outlook
On the basis of the regions, the surface injectable contract manufacturing market is segmented into 5 regions: Asia Pacific, North America, Europe, the Middle East and Africa, and Europe. North America is the leading segment due to well-established healthcare infrastructure and the presence of major market players in the region. Well-established biotech manufacturing infrastructure includes advanced sterile manufacturing facilities and technologies needed for producing complex injectable products like biologics and biosimilars. Companies like Baxter, Catalent, and Vetter Pharma have specialized capabilities in sterile injectable manufacturing.
Additionally, the high level of research and development spending in the region supports innovation in drug development. North America has a growing burden of chronic diseases like cancer, diabetes, and neurological disorders. Neurological disorders like Alzheimer and Parkinson disease are playing a crucial role in the expansion of the market. Asia Pacific is also witnessing significant growth due to increasing population in emerging economies like China, South Korea, and Japan. Increasing disposable income, rapidly growing urbanization, and industrialization are driving growth in the market. The increasing number of cancer patients due to lifestyle imbalances in the region is the key factor behind the growth in the region.
Pharmaceutical companies in the region are the
key drivers in the market significantly. The European market is witnessing
significant growth due to the increasing number of chronic disease patients in
Germany, France, Russia, the U.K., and Nordic countries. Increasing growth in research
and development activities is driving growth in the European market. The
presence of some key players in the European market is driving growth in the
market. Rising awareness among the people about chronic diseases like cancer,
diabetes, and neurological disorders is driving growth in the market. Rising
disposable income and research and development activities in health endeavors
are driving growth in the market. Latin American and Middle East regions are
witnessing slow growth during the forecast period.
Key Players
·
Abbvie
·
Biopharma Group
·
Biotechnique
·
BirgiMefar Group
·
Brooks Laboratories
·
Curidas A.S.
·
Evonic
·
Mithra CDMO
·
Pfizer
·
Polfa Tarchomin
·
Prague Scientific
· Other Players