Global Pharmaceutical Contract Manufacturing Market is Estimated to Reach USD 107,004.0 Million By 2023 at a CAGR of 7.2%
The pharmaceutical industry is experiencing a dramatic change. Pipeline challenges, pricing pressures, and emerging global markets are redesigning the way these companies operate.
(EMAILWIRE.COM, January 18, 2018 ) Furthermore, in the near future, various pharmaceutical contract manufacturing organizations will reflect on prospects to provide services and support further “upstream” in the drug development process. With rigorous margin pressures on the core business of commercial manufacturing and packaging, some PCM are offsetting costs by offering more project-based consulting and development activities. Moreover, in some cases where this has clearly worked for some of the superior pharmaceutical contract manufacturers, altering them to what industry calls contract development and manufacturing organizations (CDMO), many companies have reduced their entry into this market by overleveraging their current offerings.
Taste the market data and market information presented through more than 70 market data tables and figures spread over 76 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Pharmaceutical Contract Manufacturing market research report–Global forecast till 2023.”
Sample Report Available at https://www.marketresearchfuture.com/sample_request/1532 .
Major Key Players in Pharmaceutical Contract Manufacturing Market
Some of key the players in the market are Catalant, Boehringer Ingelheim, Lonza AG, Grifols International, S.A, AbbVie Inc, Patheon Inc., Vetter, Pharmaceutical Product Development and others.
Regional Analysis
The Americas dominate the Pharmaceutical Contract Manufacturing market owing to the well-developed technology, high healthcare expenditure, improvement in reimbursement scenario, and the presence of the leading players.
Europe holds the second position in the Pharmaceutical Contract Manufacturing market. It is expected that the support provided by the government bodies for research & development, and drives the market in European region.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
The Middle East and Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in African region.
Furthermore, in the near future, various pharmaceutical contract manufacturing organizations will reflect on prospects to provide services and support further “upstream” in the drug development process. With rigorous margin pressures on the core business of commercial manufacturing and packaging, some PCM are offsetting costs by offering more project-based consulting and development activities. Moreover, in some cases where this has clearly worked for some of the superior pharmaceutical contract manufacturers, altering them to what industry calls contract development and manufacturing organizations (CDMO), many companies have reduced their entry into this market by overleveraging their current offerings.
Further, the increased number of abroad pharmaceutical contract manufacturing alternatives has left contract manufacturers hostile to conserve profit margins and distinguish themselves in an already competitive marketplace. The market has become progressively driven by price rather than value, making it mandatory upon pharmaceutical contract manufacturers to provide value outside of the traditional commercial manufacturing phase of the drug product lifecycle.
Browse complete report at https://www.marketresearchfuture.com/reports/pharmaceutical-contract-manufacturing-market-1532 .
The Americas dominate the Pharmaceutical Contract Manufacturing market owing to the well-developed technology, high healthcare expenditure, improvement in reimbursement scenario, and the presence of the leading players.
Europe holds the second position in the Pharmaceutical Contract Manufacturing market. It is expected that the support provided by the government bodies for research & development, and drives the market in European region.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
Key Findings
The global Pharmaceutical Contract Manufacturing market is expected to reach USD 107,004.0 million by 2023 at a CAGR of 7.2%.
On the basis of types, Active Pharmaceutical Ingredient (API) Manufacturing segment is expected to command the largest market share of 7% over the review period and Finished Dosage Formulation (FDF) Secondary Market is expected to grow at the fastest CAGR of 6.5% during the forecast period 2017-2023
The Americas hold the largest share of the Pharmaceutical Contract Manufacturing market and is expected to reach USD 40,041.5 million by 2023
Asia Pacific is the fastest growing market, which is expected to grow at a CAGR of 7.7% over the 2017-2023
Low tech pharmaceutical contract manufacturing manufacture is shifting to the developing world especially China and India. The developed regions must accommodate this shift by shifting to high tech segment of the pharmaceutical contract manufacturing market such as biologics.
China has feverously increased its capacity for API manufacturing while India is a better destination for formulation development and manufacturing.
Ask Question to Expert at https://www.marketresearchfuture.com/enquiry/1532 .
List of Figure
FIGURE 1 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY TYPES MARKET SHARE 2016(%) 11
FIGURE 2 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016(%) 12
FIGURE 3 MARKET STRUCTURE 14
FIGURE 4 RESEARCH PROCESS 15
FIGURE 5 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET: PORTER FIVE FORCES ANALYSIS 29
FIGURE 6 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY TYPES US$ MILLION 2016 & 2023 37
FIGURE 7 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS US$ MILLION 2016 & 2023 39
FIGURE 8 AMERICAS PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 40
FIGURE 9 NORTH AMERICA PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY COUNTRY MARKET SHARE 2016 (%) 42
FIGURE 10 EUROPE PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 46
FIGURE 11 WESTERN EUROPE PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY COUNTRY MARKET SHARE 2016 (%) 48
FIGURE 12 ASIA PACIFIC PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 53
FIGURE 13 MIDDLE EAST & AFRICA PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 58
Taste the market data and market information presented through more than 70 market data tables and figures spread over 76 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Pharmaceutical Contract Manufacturing market research report–Global forecast till 2023.”
Sample Report Available at https://www.marketresearchfuture.com/sample_request/1532 .
Major Key Players in Pharmaceutical Contract Manufacturing Market
Some of key the players in the market are Catalant, Boehringer Ingelheim, Lonza AG, Grifols International, S.A, AbbVie Inc, Patheon Inc., Vetter, Pharmaceutical Product Development and others.
Regional Analysis
The Americas dominate the Pharmaceutical Contract Manufacturing market owing to the well-developed technology, high healthcare expenditure, improvement in reimbursement scenario, and the presence of the leading players.
Europe holds the second position in the Pharmaceutical Contract Manufacturing market. It is expected that the support provided by the government bodies for research & development, and drives the market in European region.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
The Middle East and Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in African region.
Furthermore, in the near future, various pharmaceutical contract manufacturing organizations will reflect on prospects to provide services and support further “upstream” in the drug development process. With rigorous margin pressures on the core business of commercial manufacturing and packaging, some PCM are offsetting costs by offering more project-based consulting and development activities. Moreover, in some cases where this has clearly worked for some of the superior pharmaceutical contract manufacturers, altering them to what industry calls contract development and manufacturing organizations (CDMO), many companies have reduced their entry into this market by overleveraging their current offerings.
Further, the increased number of abroad pharmaceutical contract manufacturing alternatives has left contract manufacturers hostile to conserve profit margins and distinguish themselves in an already competitive marketplace. The market has become progressively driven by price rather than value, making it mandatory upon pharmaceutical contract manufacturers to provide value outside of the traditional commercial manufacturing phase of the drug product lifecycle.
Browse complete report at https://www.marketresearchfuture.com/reports/pharmaceutical-contract-manufacturing-market-1532 .
The Americas dominate the Pharmaceutical Contract Manufacturing market owing to the well-developed technology, high healthcare expenditure, improvement in reimbursement scenario, and the presence of the leading players.
Europe holds the second position in the Pharmaceutical Contract Manufacturing market. It is expected that the support provided by the government bodies for research & development, and drives the market in European region.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
Key Findings
The global Pharmaceutical Contract Manufacturing market is expected to reach USD 107,004.0 million by 2023 at a CAGR of 7.2%.
On the basis of types, Active Pharmaceutical Ingredient (API) Manufacturing segment is expected to command the largest market share of 7% over the review period and Finished Dosage Formulation (FDF) Secondary Market is expected to grow at the fastest CAGR of 6.5% during the forecast period 2017-2023
The Americas hold the largest share of the Pharmaceutical Contract Manufacturing market and is expected to reach USD 40,041.5 million by 2023
Asia Pacific is the fastest growing market, which is expected to grow at a CAGR of 7.7% over the 2017-2023
Low tech pharmaceutical contract manufacturing manufacture is shifting to the developing world especially China and India. The developed regions must accommodate this shift by shifting to high tech segment of the pharmaceutical contract manufacturing market such as biologics.
China has feverously increased its capacity for API manufacturing while India is a better destination for formulation development and manufacturing.
Ask Question to Expert at https://www.marketresearchfuture.com/enquiry/1532 .
List of Figure
FIGURE 1 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY TYPES MARKET SHARE 2016(%) 11
FIGURE 2 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016(%) 12
FIGURE 3 MARKET STRUCTURE 14
FIGURE 4 RESEARCH PROCESS 15
FIGURE 5 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET: PORTER FIVE FORCES ANALYSIS 29
FIGURE 6 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY TYPES US$ MILLION 2016 & 2023 37
FIGURE 7 GLOBAL PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS US$ MILLION 2016 & 2023 39
FIGURE 8 AMERICAS PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 40
FIGURE 9 NORTH AMERICA PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY COUNTRY MARKET SHARE 2016 (%) 42
FIGURE 10 EUROPE PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 46
FIGURE 11 WESTERN EUROPE PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY COUNTRY MARKET SHARE 2016 (%) 48
FIGURE 12 ASIA PACIFIC PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 53
FIGURE 13 MIDDLE EAST & AFRICA PHARMACEUTICAL CONTRACT MANUFACTURING MARKET BY REGIONS MARKET SHARE 2016 (%) 58
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Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results