Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Expected to Grow USD 64.44 Billion, Pharmaceutical Industry Growth to Drive Market

NEW YORK, August 5, 2022 /PRNewswire/ — The “Contract Development and Manufacturing Organization (CDMO) Outsourcing Market by Product (Small Molecule and Biologics) and Geography (North America, EuropeACPA, South Americaand MEA) – Forecast and Analysis 2021-2025report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years. The outsourcing market share of contract development and manufacturing organization (CDMO) is expected to grow by $64.44 billion from 2020 to 2025, and the market growth momentum will accelerate to a CAGR of 11.12%. Technavio classifies the global CDMO outsourcing market as part of the global specialist consumer services market within theThe diverse global consumer services market. The global parent specialty consumer services market covers revenue generated by consumer service providers, including residential services, home security services, legal services, personal services, home improvement and home design services. interior, consumer auction services, wedding services and funeral services. Our research report has extensively covered the external factors influencing the growth potential of the Parent Market in the coming years, which will determine the growth levels of the Contract Development Outsourcing and Manufacturing Organization market during of the forecast period.

Technavio has announced its latest market research report titled Contract Development and Manufacturing Organization Outsourcing Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

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Contract Development and Manufacturing Organization (CDMO) Outsourcing Market – Key Market Dynamics

  • Market Driver – The growing pharmaceutical industry will fuel the growth of the contract manufacturing and development organization outsourcing market. To meet the high demand for pharmaceutical products, pharmaceutical and biotechnology companies need sufficient manufacturing capacity to produce the expected quantity and achieve quality levels at controlled costs. Some of the small pharmaceutical and biotechnology companies cannot meet the growth in demand from their existing facilities and do not have sufficient funds to invest in expanding their manufacturing facilities. Small businesses outsource some of the processes to CDMOs as this will help them meet the growing market demand. These factors will help the companies to manufacture a large number of drugs or drugs in a short period of time, which, in turn, will drive the growth of the global CDMO outsourcing market over the forecast period.

  • Market Challenges – The threat of intellectual property (IP) rights infringement is one of the major challenges hampering the contract development and growth of the manufacturing organization outsourcing market. Developing a new medicine or medicine and successfully launching it on the market is a long and expensive process. Therefore, they strongly protect their intellectual property, such as drug or medicine patents across the world until they expire. Companies outsource the manufacturing of drugs or patent medicines to CDMOs to speed up the production process and get the patented product to market quickly before the intellectual property rights expire. This will help them gain market share and get maximum return on investment before the patent expires. Outsourcing can pose a threat to its intellectual property. CDMOs may not have an appropriate strategy to preserve and protect critical IP, which may result in infringement of the drug or drug’s IP rights. Violation of the intellectual property rights of the drug or medicine can impact the trust of pharmaceutical and biotech companies in CDMOs, which, in turn, can impact the growth of the global outsourcing market. CDMO during the forecast period.

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Contract Development and Manufacturing Organization (CDMO) Outsourcing Market – Segmentation Analysis

The Contract Development and Manufacturing Organization (CDMO) Outsourcing market report is segmented by Product (Small Molecules and Biologics) and Geography (North America, EuropeACPA, South Americaand MEA).

  • 35% of market growth will come from North America during the forecast period. The United States is a key market for the development of contracts and the outsourcing of the manufacturing organization in North America. Market growth in this region will be faster than market growth in MEA and South America.

  • Growth in contract development and manufacturing organization outsourcing market share by the small molecule segment will be important for revenue generation. Small molecules are natural compounds that have been resynthesized or isolated in the laboratory.

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Contract Development and Manufacturing Organization (CDMO) Outsourcing Market – Vendor Analysis

The CDMO outsourcing market is fragmented and suppliers are expanding their customer base and increasing their R&D investments to compete in the market.

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Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 11.12%

Market Growth 2021-2025

$64.44 billion

Market structure

Fragmented

Annual growth (%)

9:45 a.m.

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 35%

Main consumer countries

United States, China, United Kingdom, Japan and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Almac Group Ltd., Apollo 5 GmbH, Catalent Inc., FAMAR Health Care Services, FUJIFILM Holdings Corp., Lonza Group Ltd., Recipharm AB, Siegfried Holding AG, The Lubrizol Corp. and Thermo Fisher Scientific Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Product

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

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Technavio (PRNewsfoto/Technavio)

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