Biotechnology & Pharmaceutical Services Outsourcing Market Worth $108.0 Billion By 2030
The global biotechnology and pharmaceutical services outsourcing market size is projected to reach USD 108.0 billion by 2030, registering a CAGR of 5.5% over the forecasted period from 2022 to 2030. Factors such as low-cost services offered by CROs and CMOs, increasing drug development costs, and lack of internal capacities are expected to accelerate market growth significantly over the forthcoming years.
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