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Global Contract Development and Manufacturing Organization (CDMO) Market to be driven at a CAGR of 8% in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Contract Development and Manufacturing Organization (CDMO) Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global contract development and manufacturing organization (CDMO) market, assessing the market based on its segments like service offered, CMO, CRO, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2021-2026)

Historical Market Size (2020): USD 163 Billion
Forecast CAGR (2021-2026): 8%
Forecast Market Size (2026): USD 262 Billion

The growth of CDMO market is driven by the increasing demand for new and effective drugs. The enhancement and optimisation of value chain for pharmaceutical companies due to the services provided by CDMO are driving the market further. Additionally, the increasing prevalence of acute and chronic diseases and growing demand for effective and swift acting drugs is expected to aid in the growth of CDMO market. Moreover, the increasing investment of pharmaceutical companies in R&D of new drugs opens the opportunities for CDMO. Other factors such as increasing awareness for healthcare, growing disposable incomes and advancing drug production technologies will push the growth in the forecast period.

Industry Definition and Major Segments

CDMO are companies that provide services such as drug development and production for pharmaceutical companies on contractual basis. This allows pharmaceutical companies to focus their resources on research and development (R&D) for new and better drugs and outsource drug production and marketing.

Explore the full report with the table of contents@
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On the basis of service offered, the market is segmented into:

CMO
CRO

On the grounds of CMO, the industry is divided into:

API Manufacturing
Finished Product Manufacturing
Solid
Liquid
Injectable
Packaging
Others

On the basis of CRO, industry is classified into:

Clinical
Phase I
Phase II
Phase III
Phase IV
Discovery
Preclinical
Laboratory Services
Bioanalytical Services
Analytical Services
Others

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

Regionally, North America is the largest shareholder in global contract development and manufacturing organisation market. This can be attributed to presence of key player with increasing collaborations and offer diverse services. Meanwhile, Asia Pacific is projected for a rapid growth rate due to increasing industrialisation and development in emerging economies such as China and India. Moreover, presence of the vast high skilled workforce and the affordable manufacturing costs. The strict adherence to government regulations and rising emphasis on off-patent drugs will propel regional growth in the forecast period.

Key Market Players

The major players in the market are Catalent, Inc, Boehringer Ingelheim International GmbH, Recipharm AB, Albany Molecular Research Inc., Pfizer Inc, Jubilant Life Sciences Ltd, and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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