San Francisco, 19
March, Pharmaceutical Contract Manufacturing & Contract Research Market By
Services (CMO {API/Bulk Drugs, Advanced Drug Delivery Finished Dose
Formulations}, CRO {Oncology, Vaccines, Immunology Cardiology, Neuroscience}),
& Segment Forecasts, 2018 - 2025
The global pharmaceuticalcontract manufacturing/contract research market is anticipated to reach USD 238.3 billion by 2025,
according to a new report by Grand View Research, Inc. Impact on the volume of
capacity that is required for production due to of increasing expression levels
is anticipated to influence outsourcing industry. Increased cell densities as
well as increase in expression of each cell has led to the steady decline in
the volume requirement. The aforementioned fact provides the client with
choices for in selection from several CMOs, which was not the fact
earlier.
The focus of large
pharmaceutical companies to strategically engage with a small number of
preferred providers is a meaningful departure from the procurement-based
outsourcing. This was one of the many approaches that the service industry had
become accustomed to.
Expanding market for
biosimilars and biobetters is anticipated to pronounce the demand for contract
development and manufacturing support. Service providers that hold the
potential of providing cost as well as quality advantages are set to make
inroads and grow at tremendous pace in the forecast period.
However, as drug manufacturers
are increasing the investments with respect to production capabilities. This
may limit the potential growth of contract manufacturing services to
traditional customers thereby hampering industrial growth.
Access Full Research
Report On Pharmaceutical Contract Manufacturing & Contract Research Market Analysis:
Further Key Findings from the Report Suggest:
·
Contract manufacturing services
estimated to dominate the market over research services
·
These services are segmented on
the basis of development of different forms of formulations. Active
Pharmaceutical Ingredient (API) / Bulk drugs registered the largest share of
revenue.
·
Pharmaceutical companies prefer
the outsourcing services for API research and manufacture
·
Factors supportive for this
trend includes reduction in the cost of production of APIs
·
Active molecules from small
companies are always acquired by the big pharmaceutical companies
·
The prominent entities focus on
marketing rather than core competencies of production of API in order to
maintain presence
·
Finished dose formulations are
expected to register the fastest growth in the coming years
·
Contract research services for
oncology dominated the market and are anticipated to maintain the dominance in
the coming years
·
CMOs/CDMOs with the ability to
establish facilities in emerging countries are expected to drive growth
·
Companies can position
themselves for strong growth, given that demand is expected to expand rapidly
in the coming years
·
The major countries include
Brazil. Russia, India, and China as the contract service sector is in its
infancy in these regions
·
Key players contributing in
this market are AbbVie Contract Manufacturing, Catalent, Grifols International, S.A., Baxter BioPharma Solutions, Boehringer Ingelheim
Biopharmaceuticals Gmbh, Dalton Pharma Services, and Patheon.
·
Companies are engaged in
lifecycle management of small-molecule drugs through the development of
modified generics with uniquely enhanced properties
·
Increased competitiveness in
the contract service sector is anticipated to ultimately benefit the sector
growth
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has segmented the
pharmaceutical contract manufacturing & contract research market on the
basis of service types and region:
Pharmaceutical Contract
Manufacturing/Contract Research Market, Service Types Outlook (Revenue, USD
Billion, 2014 - 2025)
·
Manufacturing Services (CMO)
o
API/Bulk Drugs
o
Advanced Drug Delivery
Formulations Packaging
o
Packaging
o
Finished Dose Formulations
o Solid Formulations
o Liquid Formulations
o Semi-solid Formulations
·
Research Services (CRO)
o
Oncology
o
Vaccines
o
Inflammation & Immunology
o
Cardiology
o
Neuroscience
o
Others
Pharmaceutical Contract
Manufacturing/Contract Research Market Regional Outlook (Revenue, USD Billion,
2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
India
o
China
·
Latin America
o
Brazil
o
Mexico
o
Colombia
o
Argentina
o
Chile
o
Venezuela
·
Middle East and Africa (MEA)
o
South Africa
Browse Press
Release of this Report:
https://www.grandviewresearch.com/press-release/global-pharmaceutical-contract-manufacturing-contract-research-market
https://www.grandviewresearch.com/press-release/global-pharmaceutical-contract-manufacturing-contract-research-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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