According to the new market research report “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Comparator Drug Sourcing market size is projected to reach USD 1.74 billion by 2030, at a CAGR of 6.0% during the forecast period.
- Global Comparator Drug Sourcing MarketSize(US$ Million), 2019-2030
Source: QYResearch, “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Comparator Drug Sourcing Top12Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Comparator Drug Sourcing include Cencora, Thermo Fisher Scientific, Mckesson Corporation, Almac Group, Catalent, Sharp Services, LLC, Clinigen, Myonex, Oximio, Clinical Services International (CSI), etc. In 2023, the global top five players had a share approximately 77.0% in terms of revenue.
- Comparator Drug Sourcing,Global Market Size, Split by Product Segment
Source: QYResearch, “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, currently Local Sourcing is the largest segment, hold a share of 49.2%.
- Comparator Drug Sourcing,Global Market Size, Split by ApplicationSegment
Source: QYResearch, “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, currently Drug Producers/Manufacturers is the largest segment, hold a share of 46.1%.
- Comparator Drug Sourcing,Global Market Size, Split by Region
Source: QYResearch, “Comparator Drug Sourcing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
The cost and complexity of global clinical studies increases and the number of biosimilar studies continue to rise | With an estimated two-thirds of all trials requiring comparators or co-therapies, the availability of comparator products can make or break your clinical trial’s supply chain. As the cost and complexity of global clinical studies increases and the number of biosimilar studies continue to rise, finding a trusted partner to source compactor products becomes critical. |
The development of drugs against bacterial infection is likely to create opportunities for the market. | The COVID-19 pandemic propelled the need for developing effective drugs against various bacterial infections, which has opened opportunities to develop superior drugs. |
The increasing prevalence of chronic disease diseases | The increasing prevalence of chronic disease diseases including cancer, cardiac, and neurological disorders is driving the development of new drugs, which is fueling the market of comparator drug sourcing, for comparative analysis. |
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