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Biotechnology Pharmaceutical Services Outsources Companies

ID: MRFR/Pharma/10847-HCR
128 Pages
Vikita Thakur
Last Updated: February 16, 2025
Biotechnology Pharmaceutical Services Outsourcing companies play a crucial role in the biopharmaceutical industry. Specializing in outsourcing solutions, they support biotech companies with a range of services, from research and development to manufacturing, contributing to the acceleration of biotechnological innovations and drug development.
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Biotechnology Pharmaceutical Services Outsources Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)4.5%
2024 Market Size$ 76.7 Billion
2025 Market Size$ 80.16 Billion
2035 Market Size$ 124.51 Billion
Key Players
Companies such as IQVIA
Covance
PAREXEL International
 Charles River Laboratories
Syneos Health
Medpace
Opportunities
  • Rising R&D Expenditure
  • Increased Regulatory Complexity
  • Emergence of Personalized Medicine

Top Industry Leaders in the Biotechnology Pharmaceutical Services Outsources Market

Biotechnology and Pharmaceutical Services Outsources Key Companies
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Latest Biotechnology and Pharmaceutical Services Outsources Companies Update:

Parexel International Corporation Acquired Bio-Bridge Laboratories in November 2023, strengthening their global Bioanalytical capabilities.

The Quantic Group Expanded their operations in Asia Pacific with the acquisition of a clinical research organization in Singapore in January 2024.

Charles River Laboratories Collaborated with Microsoft in October 2023 to develop AI-powered solutions for improving preclinical drug development efficiency.

PRA Health Sciences Launched a new digital platform "PRA Connect" in December 2023 to streamline clinical trial management and patient engagement.

ICON Partnered with a leading biopharma company in July 2023 to provide comprehensive clinical development services for a high-potential gene therapy program.

List of Biotechnology and Pharmaceutical Services Outsourcesย Key companies in the market
  • The Quantic Group
  • IQVIA
  • Parexel International Corporation
  • Lachman Consultant Services, Inc.
  • GMP Pharmaceuticals Pty Ltd.
  • Concept Heidelberg GmbH
  • Covance, Inc.
  • Charles River Laboratories
  • PRA Health Sciences
  • ICON plc