APAC Contract Manufacturing Market - Industry Trends and Forecast to 2030

APAC Contract Manufacturing Market - Industry Trends and Forecast to 2030

Asia-Pacific Contract Manufacturing Market, By Product (Medical Devices Manufacturing, Pharmaceutical Products Manufacturing), End User (Original Equipment Manufacturer, Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies, Biopharma Companies, Research Institutes), Distribution Channel (Direct Tender, Retail Sales, Others), Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2030

Market Definition

Contract manufacturing in international markets is used in situations when one company arranges for another company in a different country to manufacture its products; this is also known as international subcontracting or international outsourcing. The company provides the manufacturer with all the specifications, and, if applicable, also with the materials required for the production process. This type of contract sets out the requirements, which the manufacturer must meet concerning the quality of the products, certification, quantities, conditions and dates of delivery, etc. It also establishes guidelines for the inspection and testing of the products set forth by the company which contracts out the manufacture, or by its own clients. Furthermore, it also outlines modifications to orders, as well as guarantees and compensation in case of breach of contract. Since the process is essentially outsourcing production in foreign markets to a partner that privately brands the end product, there are a number of different companies and industries that can make use of this type of contract.

Market Segmentation

The Asia-Pacific contract manufacturing market is categorized into three notable segments such as product, end user, and distribution channel.
• On the basis of product, the Asia-Pacific contract manufacturing market is segmented into medical devices manufacturing and pharmaceutical products manufacturing
• On the basis of end user, the Asia-Pacific contract manufacturing market is segmented into original equipment manufacturer, medical device companies, pharmaceutical companies, biotechnology companies, biopharma companies, research institute
• On the basis of distribution channel, the Asia-Pacific contract manufacturing market is segmented into direct tender, retail sales, and others

Market Players

Some of the major players operating in the Asia-Pacific contract manufacturing market are:
• Aenova Group
• Thermo Fisher Scientific, Inc.
• EVONIK INDUSTRIES AG
• Lonza
• Boehringer Ingelheim Biopharmaceuticals GmbH.
• Catalent, Inc
• Sun Pharmaceutical Industries Ltd.
• NIPRO PHARMA CORPORATION
• Pfizer Inc.
• Recipharm AB.
• Vetter
• TE Connectivity
• Merck KGaA
• Almac Group
• Siegfried Holding AG
• Jubilant Pharma Limited
• Avid Bioservices, Inc.
• Baxter
• KIMBALL ELECTRONICS INC
• FAMAR Health Care Services
• AbbVie Inc.

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