MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
ASEAN Contract Development and Manufacturing Organization (CDMO) Market Report
Key Insights
ASEAN Contract Development and Manufacturing Organization (CDMO) Market Market Size (In Million)
20.0M
15.0M
10.0M
5.0M
0
10.50 M
2022
12.20 M
2023
14.10 M
2024
16.20 M
2025
18.50 M
2026
Market size: USD 4.23 billion in 2023
CAGR: 21.2% from 2023 to 2032
ASEAN Contract Development and Manufacturing Organization (CDMO) Trends
Increasing demand for outsourced pharmaceutical services
Rising incidence of chronic diseases
Government initiatives to promote the life sciences industry
Driving Forces: What's Propelling the ASEAN Contract Development and Manufacturing Organization (CDMO) Market
**Cost-effective manufacturing options:** Labor costs in Southeast Asian countries are significantly lower than in developed markets, leading to cost advantages for CDMOs.
**Access to skilled workforce:** The ASEAN region boasts a large pool of skilled and educated workers, providing CDMOs with a robust talent pipeline.
**Favorable regulatory environment:** ASEAN governments are actively promoting the CDMO industry through favorable regulations and tax incentives.
**Government support:** Governments are providing financial support, infrastructure development, and R&D incentives to foster the growth of the CDMO sector.
**Rising demand for healthcare:** The growing ASEAN population and the increasing prevalence of chronic diseases are driving demand for pharmaceuticals and healthcare products, benefiting CDMOs.
Challenges and Restraints in ASEAN Contract Development and Manufacturing Organization (CDMO) Market
Lack of data transparency
Intellectual property concerns
Supply chain disruptions
Emerging Trends in ASEAN Contract Development and Manufacturing Organization (CDMO)
Precision medicine
Digital health
Biologics manufacturing
Growth Catalysts in ASEAN Contract Development and Manufacturing Organization (CDMO) Industry
Government Initiatives & Infrastructure Development: Governments across ASEAN are strategically investing in building robust healthcare infrastructure, promoting R&D initiatives, and enacting supportive policies. These efforts create a fertile ground for CDMOs to establish, expand, and innovate their services, driving growth and capacity expansion within the region.
Strategic Alliances & Consolidation: The ASEAN CDMO landscape is witnessing a surge in strategic partnerships, mergers, and acquisitions. These collaborations between CDMOs and pharmaceutical/biotechnology firms facilitate the seamless transfer of knowledge, access to advanced technologies, expansion of service portfolios, and penetration into new geographic markets, thereby accelerating market growth and specialization.
Embracing Advanced Technologies: The industry is rapidly adopting transformative technologies such as artificial intelligence (AI) for drug discovery and process optimization, automation for efficient manufacturing, and digitalization for enhanced supply chain management and data analytics. This technological integration leads to improved operational efficiencies, elevated product quality, reduced development timelines, and the enablement of complex, personalized therapeutic solutions.
Diversification of Service Offerings: To cater to the evolving demands of the global pharmaceutical and biotech sectors, CDMOs are proactively expanding their service capabilities. This includes a significant focus on complex modalities like cell and gene therapies, advanced biologics, and novel small molecules, alongside traditional drug development and manufacturing services.
Boom in Biologics & Precision Medicine: The escalating global demand for biologics, biosimilars, and highly targeted precision medicines presents substantial opportunities for ASEAN CDMOs. Companies specializing in the intricate development and manufacturing of these advanced therapies, offering specialized expertise and state-of-the-art facilities, are poised for significant growth.
Streamlined Regulatory Frameworks: ASEAN nations are increasingly optimizing their regulatory environments to be more conducive to pharmaceutical development and manufacturing. Streamlined approval processes, clear guidelines, and a commitment to international standards are facilitating faster market entry and operational ease for CDMOs, attracting both regional and international players.
Market Segmentation: ASEAN Contract Development and Manufacturing Organization (CDMO) Analysis
Services
CMO
API Manufacturing
Finished Product Manufacturing
Solid Dosage Forms
Injectables
Others
Industry Developments
New product launches
Capacity expansions
Strategic collaborations
Leading Players in the ASEAN Contract Development and Manufacturing Organization (CDMO) Market
Lonza (https://www.lonza.com/)
Catalent, Inc. (https://www.catalent.com/)
PRA Health Sciences (https://www.prahs.com/)
Pfizer Inc. (Pfizer CentreOne) (https://www.pfizer.com/)
Thermo Fisher Scientific Inc. (Patheon) (https://www.thermofisher.com/)
Vetter Pharma. (https://www.vetter-pharma.com/)
Almac Group (https://www.almacgroup.com/)
CSI Medical Research (https://csi-medical.com/)
Esco Aster (https://www.escoaster.com/)
Significant developments in ASEAN Contract Development and Manufacturing Organization (CDMO) Sector
Lonza's acquisition of Capsugel in 2017
Catalent's expansion into Thailand in 2018
PRA Health Sciences' partnership with AstraZeneca in 2019
Comprehensive Coverage ASEAN Contract Development and Manufacturing Organization (CDMO) Market Report
This in-depth report provides an exhaustive analysis of the ASEAN CDMO market, delving into critical market dynamics, emerging industry trends, key growth drivers, prevailing challenges, and the intricate competitive landscape. It offers valuable insights into the market's current size, detailed segmentation across various service categories and therapeutic areas, and profiles of the key players shaping the regional CDMO ecosystem.
Regional Insight
Singapore: The Regional Powerhouse Singapore continues to lead the ASEAN CDMO market, benefiting from its well-established and sophisticated pharmaceutical and biotechnology ecosystem, a highly skilled and multilingual talent pool, and its strategic positioning as a global biopharmaceutical hub. Its advanced infrastructure and strong R&D capabilities attract significant investment.
Emerging Hubs: Indonesia, Thailand, and Malaysia Indonesia, Thailand, and Malaysia are rapidly emerging as significant contributors to the ASEAN CDMO market. Their competitive manufacturing costs, access to a growing pool of skilled labor, and expanding domestic healthcare sectors are making them attractive destinations for pharmaceutical outsourcing.
Promising Future: Vietnam and the Philippines Vietnam and the Philippines are demonstrating considerable growth potential within the CDMO sector. Favorable government investment policies, burgeoning healthcare industries, and cost-effective manufacturing capabilities are driving their increasing prominence and attracting attention from global pharmaceutical companies.
ASEAN Economic Community (AEC): A Regional Catalyst The ongoing integration fostered by the ASEAN Economic Community (AEC) is a significant driver for the CDMO market. The AEC facilitates enhanced cross-border trade, investment flows, and the development of a cohesive regional value chain for CDMO services, ultimately strengthening the entire ASEAN CDMO ecosystem and promoting collaborative growth.
ASEAN Contract Development and Manufacturing Organization (CDMO) Market Regional Market Share
Loading chart...
DROCT
The report offers an in-depth analysis of the distribution, retail, and consumer trends in the ASEAN CDMO market.
Pricing Analysis
The report provides insights into the pricing strategies of leading players and the factors influencing product prices.
Import And Export Analysis
The report analyzes the import and export patterns of ASEAN countries, providing insights into trade opportunities and challenges.
Segmentation
The report provides detailed segmentation of the market based on services, industry developments, and regional insights.
Patent/Trademark Analysis
The report offers a comprehensive overview of the patent and trademark landscape in the ASEAN CDMO market, providing insights into intellectual property trends and potential growth areas.
Geographic Coverage of ASEAN Contract Development and Manufacturing Organization (CDMO) Market
Higher Coverage
Lower Coverage
No Coverage
ASEAN Contract Development and Manufacturing Organization (CDMO) Market REPORT HIGHLIGHTS
Aspects
Details
Study Period
2020-2034
Base Year
2025
Estimated Year
2026
Forecast Period
2026-2034
Historical Period
2020-2025
Growth Rate
CAGR of 21.2% from 2020-2034
Segmentation
By Services [CMO, {API Manufacturing, Finished Product Manufacturing,
Solid Dosage Forms
Injectables
Others
By Geography
By Geography
ASEAN Countries
Table of Contents
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Rising Number of Government-aided Genome Projects to Aid Growth
3.3. Market Restrains
3.3.1. Limited Regulatory Compliance to Restrict Market Growth
3.4. Market Trends
3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2020-2032
5.1. Market Analysis, Insights and Forecast - by Services [CMO, {API Manufacturing, Finished Product Manufacturing,
5.1.1. Solid Dosage Forms
5.1.2. Injectables
5.1.3. Others
5.2. Market Analysis, Insights and Forecast - by Region
5.2.1. By Geography
6. Competitive Analysis
6.1. Market Share Analysis 2025
6.2. Company Profiles
6.2.1 Lonza (New Jersey U.S.)
6.2.1.1. Overview
6.2.1.2. Products
6.2.1.3. SWOT Analysis
6.2.1.4. Recent Developments
6.2.1.5. Financials (Based on Availability)
6.2.2 Catalent Inc. (New Jersey
6.2.2.1. Overview
6.2.2.2. Products
6.2.2.3. SWOT Analysis
6.2.2.4. Recent Developments
6.2.2.5. Financials (Based on Availability)
6.2.3 U.S)
6.2.3.1. Overview
6.2.3.2. Products
6.2.3.3. SWOT Analysis
6.2.3.4. Recent Developments
6.2.3.5. Financials (Based on Availability)
6.2.4 PRA Health Sciences (North Carolina U.S.)
6.2.4.1. Overview
6.2.4.2. Products
6.2.4.3. SWOT Analysis
6.2.4.4. Recent Developments
6.2.4.5. Financials (Based on Availability)
6.2.5 Pfizer Inc. (Pfizer CentreOne) (New York U.S.)
6.2.5.1. Overview
6.2.5.2. Products
6.2.5.3. SWOT Analysis
6.2.5.4. Recent Developments
6.2.5.5. Financials (Based on Availability)
6.2.6 Thermo Fisher Scientific Inc. (Patheon) (Massachusetts U.S.)
6.2.6.1. Overview
6.2.6.2. Products
6.2.6.3. SWOT Analysis
6.2.6.4. Recent Developments
6.2.6.5. Financials (Based on Availability)
6.2.7 Vetter Pharma. (Ravensburg Germany)
6.2.7.1. Overview
6.2.7.2. Products
6.2.7.3. SWOT Analysis
6.2.7.4. Recent Developments
6.2.7.5. Financials (Based on Availability)
6.2.8 Almac Group (County Armagh Ireland)
6.2.8.1. Overview
6.2.8.2. Products
6.2.8.3. SWOT Analysis
6.2.8.4. Recent Developments
6.2.8.5. Financials (Based on Availability)
6.2.9 CSI Medical Research (Jurong Singapore)
6.2.9.1. Overview
6.2.9.2. Products
6.2.9.3. SWOT Analysis
6.2.9.4. Recent Developments
6.2.9.5. Financials (Based on Availability)
6.2.10 Esco Aster (Changi Singapore)
6.2.10.1. Overview
6.2.10.2. Products
6.2.10.3. SWOT Analysis
6.2.10.4. Recent Developments
6.2.10.5. Financials (Based on Availability)
List of Figures
Figure 1: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue Breakdown (USD billion, %) by Product 2025 & 2033
Figure 2: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Share (%) by Company 2025
List of Tables
Table 1: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2020 & 2033
Table 2: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2020 & 2033
Table 3: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Region 2020 & 2033
Table 4: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Region 2020 & 2033
Table 5: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2020 & 2033
Table 6: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2020 & 2033
Table 7: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Country 2020 & 2033
Table 8: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Country 2020 & 2033
Table 9: ASEAN Countries ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2020 & 2033
Table 10: ASEAN Countries ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2020 & 2033
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders
Secondary Research
Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the ASEAN Contract Development and Manufacturing Organization (CDMO) Market?
The projected CAGR is approximately 21.2%.
2. Which companies are prominent players in the ASEAN Contract Development and Manufacturing Organization (CDMO) Market?
Key companies in the market include Lonza (New Jersey, U.S.), Catalent, Inc. (New Jersey, U.S), PRA Health Sciences (North Carolina, U.S.), Pfizer Inc. (Pfizer CentreOne) (New York, U.S.), Thermo Fisher Scientific Inc. (Patheon) (Massachusetts, U.S.), Vetter Pharma. (Ravensburg, Germany), Almac Group (County Armagh, Ireland), CSI Medical Research (Jurong, Singapore), Esco Aster (Changi, Singapore).
3. What are the main segments of the ASEAN Contract Development and Manufacturing Organization (CDMO) Market?
The market segments include Services [CMO, {API Manufacturing, Finished Product Manufacturing,.
4. Can you provide details about the market size?
The market size is estimated to be USD 9.43 USD billion as of 2022.
5. What are some drivers contributing to market growth?
Rising Number of Government-aided Genome Projects to Aid Growth.
6. What are the notable trends driving market growth?
Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
7. Are there any restraints impacting market growth?
Limited Regulatory Compliance to Restrict Market Growth.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3850, USD 4850, and USD 5850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD billion and volume, measured in million units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "ASEAN Contract Development and Manufacturing Organization (CDMO) Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the ASEAN Contract Development and Manufacturing Organization (CDMO) Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the ASEAN Contract Development and Manufacturing Organization (CDMO) Market?
To stay informed about further developments, trends, and reports in the ASEAN Contract Development and Manufacturing Organization (CDMO) Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
-Market.png&w=1920&q=75)
-Market.png&w=1920&q=75)
ASEAN Contract Development and Manufacturing Organization (CDMO) Market