State of pricing 2024: What lies ahead for the CDMO industry?

Published on November 4, 2024

Innovation and customer-centricity are central to CDMO success in 2024. Want to know what the future of pricing in the industry looks like? Read highlights from our ‘State of Pricing 2024’ report to uncover CDMO industry challenges and opportunities to aid your business growth. 

The outlook for the contract development and manufacturing organization (CDMO) industry in 2024 is characterized by a mix of resilience and cautious optimism. Our latest report, 'State of Pricing 2024', offers an overview of the industry’s current state and future projections for the year.

While price increases have been a focal point since 2022, results have largely fallen short of targets. However, a cautious sense of optimism prevails. Looking ahead, CDMOs are adjusting their approach to price pressure by proactively addressing customer value perception and extracting value of offerings while still aligning with industry benchmarks.  

Let’s dive into key takeaways from…

CDMO industry 2024 outlook