Biotechnology & Pharmaceutical Services Outsourcing Market size is expected to reach USD 108.0 billion by 2030
Biotechnology & Pharmaceutical Services Outsourcing Industry Overview The global biotechnology and pharmaceutical services outsourcing market size was valued at USD 66.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030. The COVID-19 pandemic has had a considerable impact on the biotechnology and pharmaceutical services outsourcing industry. Restrictions on movement and stay-at-home orders are helping reduce the spread of COVID-19. However, this is creating an obstacle in clinical trials and other services intended to find effective treatments for various diseases. The integrity of over 330,000 clinical trials registered on Clinicaltrials.gov remains vulnerable as the novel coronavirus continues to spread worldwide. Gather more insights about the market drivers, restrains and growth of the Global Biotechnology & Pharmaceutical Services Outsourcing Market As of March 26, 2020, ...