Global Biologics CDMO Market Overview
As of 2022, the global biologics CDMO market held a value of $19.00 billion. The market is expected to grow at a CAGR of 15.43% during the forecast period 2023-2032 and attain a value of $80.05 billion by 2032. The market's trajectory suggests a transformative impact on pharmaceutical care, with companies adept at addressing regulatory complexities and embracing technological innovations poised for significant success.
Market Lifecycle Stage
The biologics CDMO market is in the growth stage of its lifecycle, which can be characterized by increasing adoption of biologics, rising demand for outsourced manufacturing services, and growing investments in CDMO capacity.
The growth of the biologics CDMO market is being driven by several factors, including the increasing prevalence of chronic diseases, the development of new and innovative biologics therapies, and the aging of the population. This growth is expected to drive demand for outsourced manufacturing services as pharmaceutical companies increasingly focus on their core competencies of research and development.
CDMOs are well-positioned to capitalize on this growth, as they offer a range of services that can help pharmaceutical companies bring their biologics products to market quickly and efficiently. These services include upstream processing, downstream processing, and analytical services. The biologics CDMO market has also been benefiting from increasing investments in CDMO capacity, which is being driven by the need to meet the growing demand for biologics manufacturing services. In addition, CDMOs are investing in new technologies, such as single-use bioreactors and continuous manufacturing, which can help to improve efficiency and reduce costs.
Industry Impact
The emergence and growth of the biologics CDMO market have significantly transformed the biopharmaceutical industry. Biologics CDMOs play a pivotal role in expediting drug development and manufacturing processes, offering specialized expertise, state-of-the-art technologies, and scalable solutions. This market has not only provided cost-efficient alternatives for companies, particularly startups and smaller enterprises, by reducing the need for substantial capital investment but has also facilitated risk mitigation through its adept handling of regulatory complexities. Moreover, the global reach and diverse capabilities of biologics CDMOs contribute to the globalization of biomanufacturing, enabling pharmaceutical companies to navigate regional regulatory landscapes seamlessly. The competitive landscape spurred by a thriving CDMO sector fosters innovation and technological advancements, benefiting the entire biopharmaceutical ecosystem. As strategic partners, biologics CDMOs continue to enhance the industry's capacity, flexibility, and efficiency, playing a crucial role in meeting the rising demand for biologic drugs.
Market Segmentation:
Segmentation 1: by Cell Type
• Mammalian
• Microbial and Others
Mammalian Segment to Dominate the Global Biologics CDMO Market (by Cell Type)
The mammalian segment dominated the global biologics CDMO market (by cell type) in FY2022. Mammalian cell lines are widely preferred in biopharmaceutical production due to their ability to replicate complex proteins accurately, ensuring high bioactivity and minimal post-translational modifications. This cell type is particularly well-suited for the manufacturing of monoclonal antibodies, which constitute a substantial portion of biologic drugs. Mammalian cell cultures offer scalability, robust performance, and compatibility with the intricate requirements of therapeutic protein production. As the biologics CDMO market continues to expand, the dominance of mammalian cell culture technology underscores its pivotal role in meeting the growing demand for advanced biopharmaceuticals on a global scale.
Segmentation 2: by Indication
• Oncology
• Auto-Immune Diseases
• Infectious Diseases
• Neurology
• Others
Oncology Segment to Dominate the Global Biologics CDMO Market (by Indication)
The oncology segment dominated the global biologics CDMO market (by indication) in FY2022. The surge in cancer research and the development of targeted therapies and immunotherapies have driven a substantial portion of biopharmaceutical innovations toward addressing various types of cancer. As a result, CDMOs specializing in biologics production are increasingly engaged in manufacturing processes for oncology-related biologic drugs, such as monoclonal antibodies and cell-based therapies. This trend reflects the growing emphasis on personalized medicine and the need for specialized manufacturing capabilities to cater to the complexities of oncology treatments.
Segmentation 3: by Molecule Type
• Monoclonal Antibodies
• Recombinant Proteins
• Vaccines
• Hormones
• Others
Monoclonal Antibodies Segment to Dominate the Global Biologics CDMO Market (by Molecule Type)
The global biologics CDMO market (by molecule type) was dominated by the monoclonal antibodies segment in FY2022. The widespread adoption of monoclonal antibodies (mAbs) in therapeutic applications, particularly for treating various diseases such as cancer, autoimmune disorders, and infectious diseases, has fueled their prominence in the biopharmaceutical landscape. As precision medicine gains traction, mAbs offer targeted and specific treatment approaches, contributing to their increasing demand. Biologics CDMOs are witnessing a surge in requests for the development and manufacturing of monoclonal antibodies, owing to their critical role in the evolving paradigm of biologic drug development.
Segmentation 4: by Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
China dominated the Asia-Pacific market in 2022 with a share of 40.18%. Moreover, Asia-Pacific is expected to register the highest CAGR of 17.46% during the forecast period 2023-2032. The biologics CDMO market in the Asia-Pacific (APAC) region is witnessing significant growth, marked by increasing demand, technological advancements, and a rising burden of chronic disease.
Recent Developments in the Global Biologics CDMO Market
• In November 2023, Boehringer Ingelheim Internation GmbH expanded the usage of gene data biologics to DMPK operations.
• In November 2023, Lonza introduced the new GS Effex cell line with the intention of assisting biotech firms in developing more advanced therapeutic antibodies.
• In October 2023, Lonza signed a new commercial agreement with Vaxcyte for the global manufacturing of broad-spectrum pneumococcal conjugate vaccines (PCVs).
• In August 2023, AGC Biologics completed the expansion of the cell and gene therapy (CGT) manufacturing site in Milan.
• In August 2023, AGC Biologics announced a new agreement with Asahi Kasei Pharma Corporation to produce clinical drug substances for antibody-based therapies.
• In July 2023, Boehringer Ingelheim Internation GmbH announced the commercial availability of its adalimumab (Humira) biosimilar, adalimumab-adbm (Cyltezo), in the U.S.
• In July 2023, Biocon Biologics launched a biosimilar version of AbbVie’s rheumatoid arthritis drug Humira in the U.S.
• In March 2023, Catalent, Inc. licensed Bhami Research Laboratory Technology for biologics formulation development.
Demand - Drivers, Restraints, and Opportunities
Market Drivers:
• Growing Biologics Approvals and Development
• Rising Prevalence of Chronic Infectious Diseases
• Advantages of Investment in Contract Manufacturing Facilities
Market Restraints:
• Stringent Regulatory Requirements
• Shortage of Skilled Professionals in Bioprocessing and Biomanufacturing
Market Opportunities:
• New Outsourcing Opportunities in China
• Potential for Additional CDMO and Big Pharma Alliances
Analyst View
According to Swati Sood, Principal Analyst at BIS Research, “The global biologics CDMO market is experiencing significant growth driven by a confluence of factors. One of the primary drivers is the growing number of biologics approvals and developments, as the surge in approvals reflects the growing significance of biopharmaceuticals in treating various medical conditions and the expanding pipeline of innovative biologic drugs.”