Pharmaceutical Contract Manufacturing Market Size, Share, and Analysis, By Molecule Type (Small Molecules, Large Molecules), By Service (Pharmaceutical Manufacturing Services, Pharmaceutical API Manufacturing Services, Pharmaceutical FDF Manufacturing Services, Drug Development Services, Biologic Manufacturing Services, Biologic API Manufacturing Services, Biologic FDF Manufacturing Services), By End User (Big Pharmaceutical Companies, Small & Mid-Sized Pharmaceutical Companies, Generic Pharmaceutical Companies, Other End Users [Academic Institutes, Small CDMOs, and CROs]) and Regional Forecasts, 2022-2032.
Pharmaceutical Contract Manufacturing Market Size, Share, and Analysis, By Molecule Type (Small Molecules, Large Molecules), By Service (Pharmaceutical Manufacturing Services, Pharmaceutical API Manufacturing Services, Pharmaceutical FDF Manufacturing Services, Drug Development Services, Biologic Manufacturing Services, Biologic API Manufacturing Services, Biologic FDF Manufacturing Services), By End User (Big Pharmaceutical Companies, Small & Mid-Sized Pharmaceutical Companies, Generic Pharmaceutical Companies, Other End Users [Academic Institutes, Small CDMOs, and CROs]) and Regional Forecasts, 2022-2032.
PRODUCT OVERVIEW
Pharmaceutical Contract Manufacturing Market size was USD 133.5 billion in 2021 and projected to grow from USD 155.0 billion in 2023 to USD 307.3 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period.
Pharmaceutical Contract Manufacturing is the method by which pharmaceutical medications are made under the contract. In short, drug companies collaborate with a manufacturing business to create a necessary quantity of their service or product and expedite production. A contract development and manufacturing organization (CDMO) manages all operations starting from pre-formulation as well as formulation development to production and clinical trials, as opposed to a contract manufacturing organization (CMO), which makes pre-formulated drugs.
MARKET HIGHLIGHTS
Pharmaceutical Contract Manufacturing market is expected to reach USD 307.3 billion, growing at a CAGR of 7.9% during the forecast period owing to factors like increasing research activities as well as investments in generic medications. Moreover, the significant price of in-house drug development and the regulatory filling support offered by CDMOs are propelling the expansion of the market.
Pharmaceutical Contract Manufacturing Market Segments:
- Molecule Type
- Small Molecules
- Large Molecules
- Service
- Pharmaceutical Manufacturing Services
- Pharmaceutical API Manufacturing Services
- Pharmaceutical FDF Manufacturing Services
- Drug Development Services
- Biologic Manufacturing Services
- Biologic API Manufacturing Services
- Biologic FDF Manufacturing Services
- End User
- Big Pharmaceutical Companies
- Small & Mid-Sized Pharmaceutical Companies
- Generic Pharmaceutical Companies
- Other End Users (Academic Institutes, Small CDMOs, and CROs)
MARKET DYNAMICS
Growth Drivers
Increasing Cases of Chronic Disorders worldwide is Expected to Boost the Market Growth
Growing Research & Development in Pharmaceutical Manufacturing is Expected to Boost the Market Growth
Restraint
Strict Government Regulatory Orders and their Controls to Restrain the Market Growth
Key Players
- Thermo Fisher Scientific
- CR Pharmaceutical Group
- Boehringer Ingelheim Group
- AbbVie Contract Manufacturing
- WuXi App Tech.
- Dr. Reddy's Laboratories
- Lonza Group
- Catalent
- Recípharm AB
- The Almac Group
- Curia Global
- Cambrex Corporation
- Carlyle Group
- Aenova Group GmbH
- Pfizer CentreOne
- Other Prominent Players
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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