Global Life Sciences BPO Market to Reach $499.6 Billion by 2030
The global market for Life Sciences BPO estimated at US$301.5 Billion in the year 2022, is projected to reach a revised size of US$499.6 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030. Pharmaceutical Outsourcing Services, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$254.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Medical Device Outsourcing Services segment is readjusted to a revised 7.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $90.8 Billion, While China is Forecast to Grow at 6.1% CAGR
The Life Sciences BPO market in the U.S. is estimated at US$90.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$87 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.Select Competitors (Total 46 Featured) -
- Accenture PLC
- Boehringer Ingelheim International GmbH
- Catalent, Inc.
- Cognizant Technology Solutions Corporation
- Covance, Inc.
- Genpact Ltd.
- ICON PLC
- Infosys Ltd.
- Lonza Group AG
- PAREXEL International Corporation
- Wipro Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture PLC
- Boehringer Ingelheim International GmbH
- Catalent, Inc.
- Cognizant Technology Solutions Corporation
- Covance, Inc.
- Genpact Ltd.
- ICON PLC
- Infosys Ltd.
- Lonza Group AG
- PAREXEL International Corporation
- Wipro Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 301.5 Billion |
Forecasted Market Value ( USD | $ 499.6 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |