PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605794
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605794
The global sterile injectable contract manufacturing market size is expected to reach USD 50.38 billion by 2034, according to a new study by Polaris Market Research. The report "Sterile Injectable Contract Manufacturing Market Size, Share, Trends, Industry Analysis Report: By Molecule Type (Small Molecules and Large Molecules), Therapeutic Application, Route of Administration, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The sterile injectable contract manufacturing market has seen significant growth in recent years, driven by the rising demand for biologics and complex pharmaceutical formulations. The need for advanced drug delivery systems and high-quality injectable products has become paramount as the healthcare industry evolves. Sterile injectables, which include a wide range of pharmaceuticals administered via injection, are essential in various therapeutic areas, including oncology, diabetes, and vaccines. Sterile injectables have gained traction due to their ability to provide rapid therapeutic effects and the increasing preference for minimally invasive treatment options. The market is characterized by a diverse landscape of contract manufacturers that offer specialized services, including formulation development, fill-finish operations, and packaging solutions.
One of the key factors contributing to the growth of this market is the rising prevalence of chronic diseases and the increasing aging population, which demands innovative treatment solutions. Conditions such as cancer, autoimmune disorders, and infectious diseases often require injectable therapies, thus amplifying the need for sterile injectables. Additionally, the surge in demand for personalized medicine and biologics has prompted pharmaceutical companies to seek contract manufacturing organizations (CMOs) that specialize in the production of these complex formulations.
By molecule type, the sterile injectable contract manufacturing market for the small molecules segment is expected to experience substantial growth during the forecast period due to the ongoing research and development activities focused on new therapies.
The large molecules segment dominated the market in 2024 due to the increasing prevalence of biologics and biosimilars
Based on therapeutic application, the cancer segment accounted for a major share of the market in 2024 due to the rising incidence of cancer worldwide and the increasing demand for innovative treatments.
In the global market, North America held the largest revenue share due to robust pharmaceutical infrastructure, high healthcare spending, and a strong focus on innovation and R&D.
The market in Asia Pacific is estimated to register a significant CAGR during the forecast period owing to the increasing investments in healthcare infrastructure and a rising population.
A few global key market players are Baxter; Catalent, Inc.; Vetter Pharma-Fertigung GmbH & Co. KG; NextPharma Technologies; Cipla; FAMAR Health Care Services; Unither Pharmaceuticals; Recipharm AB; Fresenius Kabi AG; Simtra BioPharma Solutions; and Aenova Group.
Polaris Market Research has segmented the sterile injectable contract manufacturing market report on the basis of molecule type, therapeutic application, route of administration, end-use, and region: