As of November 2024, the (pure play) biotechnology subsector's aggregated enterprise value was estimated at some 255 billion U.S. dollars. The largest subsector was by far commercial pharma, which also includes many companies that are active in biotech. This statistic shows the aggregate enterprise value of select subsectors of the biopharma economy worldwide as of 2024.
Aggregate enterprise value by biopharma subsectors worldwide as of November 2024
(in million U.S. dollars)
Characteristic
Enterprise value in million U.S. dollars
Active pharmaceutical ingredients (API)
93,041
Biotech
255,152
Contract development and manufacturing organization (CDMO)
157,591
Over-the-counter (OTC)
25,156
Commercial pharma
6,146,551
Pharma services
168,722
Created with Highcharts 7.2.2Enterprise value in million U.S. dollars93,04193,041255,152255,152157,591157,59125,15625,1566,146,5516,146,551168,722168,722Active pharmaceuticalingredients (API)BiotechContract development andmanufacturing organization(CDMO)Over-the-counter (OTC)Commercial pharmaPharma services
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Stifel. (November 24, 2024). Aggregate enterprise value by biopharma subsectors worldwide as of November 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved April 04, 2025, from https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/
Stifel. "Aggregate enterprise value by biopharma subsectors worldwide as of November 2024 (in million U.S. dollars)." Chart. November 24, 2024. Statista. Accessed April 04, 2025. https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/
Stifel. (2024). Aggregate enterprise value by biopharma subsectors worldwide as of November 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 04, 2025. https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/
Stifel. "Aggregate Enterprise Value by Biopharma Subsectors Worldwide as of November 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 24 Nov 2024, https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/
Stifel, Aggregate enterprise value by biopharma subsectors worldwide as of November 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/ (last visited April 04, 2025)
Aggregate enterprise value by biopharma subsectors worldwide as of November 2024 (in million U.S. dollars) [Graph], Stifel, November 24, 2024. [Online]. Available: https://www.statista.com/statistics/1422045/enterprise-aggregate-value-of-biopharma-subsectors/
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