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report thumbnailASEAN Contract Development and Manufacturing Organization (CDMO) Market

ASEAN Contract Development and Manufacturing Organization (CDMO) Market Decade Long Trends, Analysis and Forecast 2025-2033

ASEAN Contract Development and Manufacturing Organization (CDMO) Market by Services [CMO, {API Manufacturing, Finished Product Manufacturing, (Solid Dosage Forms, Injectables, Others), by By Geography (ASEAN Countries) Forecast 2025-2033

Jan 3 2025

Base Year: 2024

180 Pages

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ASEAN Contract Development and Manufacturing Organization (CDMO) Market Decade Long Trends, Analysis and Forecast 2025-2033

Main Logo

ASEAN Contract Development and Manufacturing Organization (CDMO) Market Decade Long Trends, Analysis and Forecast 2025-2033




ASEAN Contract Development and Manufacturing Organization (CDMO) Market Report

Key Insights

  • 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 investments:** Governments across ASEAN are making substantial investments in healthcare infrastructure and research programs, fostering a favorable environment for CDMOs to establish and expand their operations.
  • **Partnerships and acquisitions:** Strategic partnerships and acquisitions between CDMOs and pharmaceutical companies are driving market consolidation and expansion, allowing CDMOs to access new technologies, capabilities, and markets.
  • **Technological advancements:** The adoption of cutting-edge technologies such as artificial intelligence, automation, and digitalization is transforming the CDMO industry, enhancing operational efficiency, improving product quality, and enabling the development of personalized therapies.
  • **Expanding product portfolio:** CDMOs are diversifying their service offerings to encompass a wider range of modalities, including cell and gene therapy, biologics, and small molecules, meeting the evolving needs of the pharmaceutical industry.
  • **Growth in biologics:** The increasing demand for biologics and precision medicines is creating significant opportunities for CDMOs specializing in these complex therapies, offering tailored manufacturing solutions and expertise.
  • **Favorable regulatory environment:** ASEAN countries generally have favorable regulatory frameworks and streamlined approval processes for CDMOs, facilitating market entry and operations.

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 report provides a comprehensive analysis of the ASEAN CDMO market, covering key market dynamics, industry trends, growth catalysts, challenges, and competitive landscape. It offers insights into the market size, segmentation, and players involved in the region.

Regional Insight

  • **Singapore:** Singapore remains the leading market in ASEAN, leveraging its established pharmaceutical ecosystem, skilled workforce, and strategic geographical location as a global pharmaceutical hub.
  • **Emerging markets:** Indonesia, Thailand, and Malaysia are emerging as key players in the CDMO market, offering competitive manufacturing costs, skilled labor, and expanding healthcare sectors.
  • **Growing potential:** Vietnam and the Philippines are gaining traction as promising markets due to their favorable investment policies, growing healthcare industries, and cost-effective manufacturing capabilities.
  • **ASEAN Economic Community (AEC):** The establishment of the AEC has fostered cross-border trade and investment, creating a regional value chain for CDMO services and strengthening the overall CDMO market in ASEAN.

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.


ASEAN Contract Development and Manufacturing Organization (CDMO) Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 21.2% from 2019-2033
Segmentation
    • By Services [CMO, {API Manufacturing, Finished Product Manufacturing,
      • Solid Dosage Forms
      • Injectables
      • Others
  • By Geography
    • By Geography
      • ASEAN Countries


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 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. 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. 5. ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
    • 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. 6. China ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
    • 7. India ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
      • 8. Japan ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
        • 9. South Korea ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
          • 10. ASEAN ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
            • 11. Oceania ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
              • 12. Rest of Asia Pacific ASEAN Contract Development and Manufacturing Organization (CDMO) Market Analysis, Insights and Forecast, 2019-2031
                • 13. Competitive Analysis
                  • 13.1. Market Share Analysis 2024
                    • 13.2. Company Profiles
                      • 13.2.1 Lonza (New Jersey U.S.)
                        • 13.2.1.1. Overview
                        • 13.2.1.2. Products
                        • 13.2.1.3. SWOT Analysis
                        • 13.2.1.4. Recent Developments
                        • 13.2.1.5. Financials (Based on Availability)
                      • 13.2.2 Catalent Inc. (New Jersey
                        • 13.2.2.1. Overview
                        • 13.2.2.2. Products
                        • 13.2.2.3. SWOT Analysis
                        • 13.2.2.4. Recent Developments
                        • 13.2.2.5. Financials (Based on Availability)
                      • 13.2.3 U.S)
                        • 13.2.3.1. Overview
                        • 13.2.3.2. Products
                        • 13.2.3.3. SWOT Analysis
                        • 13.2.3.4. Recent Developments
                        • 13.2.3.5. Financials (Based on Availability)
                      • 13.2.4 PRA Health Sciences (North Carolina U.S.)
                        • 13.2.4.1. Overview
                        • 13.2.4.2. Products
                        • 13.2.4.3. SWOT Analysis
                        • 13.2.4.4. Recent Developments
                        • 13.2.4.5. Financials (Based on Availability)
                      • 13.2.5 Pfizer Inc. (Pfizer CentreOne) (New York U.S.)
                        • 13.2.5.1. Overview
                        • 13.2.5.2. Products
                        • 13.2.5.3. SWOT Analysis
                        • 13.2.5.4. Recent Developments
                        • 13.2.5.5. Financials (Based on Availability)
                      • 13.2.6 Thermo Fisher Scientific Inc. (Patheon) (Massachusetts U.S.)
                        • 13.2.6.1. Overview
                        • 13.2.6.2. Products
                        • 13.2.6.3. SWOT Analysis
                        • 13.2.6.4. Recent Developments
                        • 13.2.6.5. Financials (Based on Availability)
                      • 13.2.7 Vetter Pharma. (Ravensburg Germany)
                        • 13.2.7.1. Overview
                        • 13.2.7.2. Products
                        • 13.2.7.3. SWOT Analysis
                        • 13.2.7.4. Recent Developments
                        • 13.2.7.5. Financials (Based on Availability)
                      • 13.2.8 Almac Group (County Armagh Ireland)
                        • 13.2.8.1. Overview
                        • 13.2.8.2. Products
                        • 13.2.8.3. SWOT Analysis
                        • 13.2.8.4. Recent Developments
                        • 13.2.8.5. Financials (Based on Availability)
                      • 13.2.9 CSI Medical Research (Jurong Singapore)
                        • 13.2.9.1. Overview
                        • 13.2.9.2. Products
                        • 13.2.9.3. SWOT Analysis
                        • 13.2.9.4. Recent Developments
                        • 13.2.9.5. Financials (Based on Availability)
                      • 13.2.10 Esco Aster (Changi Singapore)
                        • 13.2.10.1. Overview
                        • 13.2.10.2. Products
                        • 13.2.10.3. SWOT Analysis
                        • 13.2.10.4. Recent Developments
                        • 13.2.10.5. Financials (Based on Availability)

                List of Figures

                1. Figure 1: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue Breakdown (USD billion, %) by Product 2024 & 2032
                2. Figure 2: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Share (%) by Company 2024

                List of Tables

                1. Table 1: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Region 2019 & 2032
                2. Table 2: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Region 2019 & 2032
                3. Table 3: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2019 & 2032
                4. Table 4: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2019 & 2032
                5. Table 5: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Region 2019 & 2032
                6. Table 6: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Region 2019 & 2032
                7. Table 7: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Country 2019 & 2032
                8. Table 8: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Country 2019 & 2032
                9. Table 9: China ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                10. Table 10: China ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                11. Table 11: India ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                12. Table 12: India ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                13. Table 13: Japan ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                14. Table 14: Japan ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                15. Table 15: South Korea ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                16. Table 16: South Korea ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                17. Table 17: ASEAN ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                18. Table 18: ASEAN ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                19. Table 19: Oceania ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                20. Table 20: Oceania ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                21. Table 21: Rest of Asia Pacific ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                22. Table 22: Rest of Asia Pacific ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032
                23. Table 23: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2019 & 2032
                24. Table 24: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Services [CMO, {API Manufacturing, Finished Product Manufacturing, 2019 & 2032
                25. Table 25: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue USD billion Forecast, by Country 2019 & 2032
                26. Table 26: ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume million units Forecast, by Country 2019 & 2032
                27. Table 27: ASEAN Countries ASEAN Contract Development and Manufacturing Organization (CDMO) Market Revenue (USD billion) Forecast, by Application 2019 & 2032
                28. Table 28: ASEAN Countries ASEAN Contract Development and Manufacturing Organization (CDMO) Market Volume (million units) Forecast, by Application 2019 & 2032


                Methodology

                Step 1 - Identification of Relevant Samples Size from Population Database

                Step Chart
                Bar Chart
                Method Chart

                Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

                Approach Chart
                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
                Analyst Chart

                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.

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