Industry Background:
The pharmaceutical contract development and manufacturing organization (CDMO) involves drug development and manufacturing services on a contract basis with the pharmaceutical companies. The CDMO services comprise active pharmaceutical ingredient (API) manufacturing, finished dosage formulation (FDF) development and manufacturing, secondary packaging, discovery, preclinical, clinical service, laboratory services. The CDMOs includes all type of operations and services involved in drug development and manufacturing, along with marketing.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Catalent, Inc. (United States), Boehringer Ingelheim Group (Germany), Recipharm AB (Sweden), Pfizer Inc (United States), Lonza Group (Switzerland), Evonik Industries AG (Germany), Syneos Health (United States), Jubilant Life Sciences Ltd. (India), Baxter Biopharma Solutions (United States), LSK Global Pharma Service Co. Ltd. (South Korea), Novotech Pty Ltd. (Australia), Patheon N.V. (United States), Parexel International (United States), Labcorp Drug Development (United States) and Samsung Biologics (South Korea) |
This growth is primarily driven by Growing Demand for Pharmaceutical Products, Drug Development and New Therapies with the Rising Novel Diseases.
Globally, a noticeable market trend is evident Technological Advancement in the Drug Discovery to Enhance Development Process of Pharmaceutical Products
Major Players, such as Catalent, Inc. (United States), Boehringer Ingelheim Group (Germany), Recipharm AB (Sweden), Pfizer Inc (United States), Lonza Group (Switzerland), Evonik Industries AG (Germany), Syneos Health (United States), Jubilant Life Sciences Ltd. (India), Baxter Biopharma Solutions (United States), LSK Global Pharma Service Co. Ltd. (South Korea), Novotech Pty Ltd. (Australia), Patheon N.V. (United States), Parexel International (United States), Labcorp Drug Development (United States) and Samsung Biologics (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 9th February 2021, Quotient Sciences, the drug development, and manufacturing accelerator announced that it has acquired Arcinova, the U.K.-based multiservice contract development and manufacturing organization (CDMO). With over 40 years of experience and 160 employees, Arcinova provides drug substance, drug product, and bioanalysis services to over 200 pharma and biotech customers worldwide.
11th February 2020, Catalent, signed an agreement with Zumutor Biologics Inc., to manufacture Zumutor’s, ZM008, for the treatment of solid tumors. Zumutor is a biologics company that develops novel immune-oncotherapeutics to drive transformational improvements in cancer treatment.
Regulatory Insights:
"In an industry of strong growth, the pharmaceutical market continues to evolve finding new options to bring more FDA-approved drug products to market quickly and cost-effectively. The major outsourcing of the development and manufacturing of drug products by CMO contract companies fills critical gaps and is expected to continue or even accelerate over the next few years. Strategic partnerships between drug companies and contract pharma businesses .often fuel strong growth in the pharmaceutical market. Contract pharma companies must adhere to cGMP standards, i.e. for the sterile facility, manufacturing processes, formulation development, etc. to assure patient safety and drug quality."
The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Demand for Pharmaceutical Products, Drug Development and New Therapies with the Rising Novel Diseases
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Influencing Trends | - Technological Advancement in the Drug Discovery to Enhance Development Process of Pharmaceutical Products
- The emerging Small and Large Pharmaceutical Companies Outsourcing Activities
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Restraints | - Regulatory Guidelines and Standards Associated with Pharmaceutical Contract Development and Manufacturing Organization (CDMO)
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Gaps & Opportunities | - Surging Government Investment Support for the Pharmaceutical Contract Development and Manufacturing Organization (CDMO)
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market
- Analysis about New Entrants in The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Study Sheds Light on
The The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where The Pharmaceutical Contract Development and Manufacturing Organization (CDMO) industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.