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Biopharmaceutical Contract Manufacturing Market Size 2012-2016 and Forecast 2017-2023
Biopharmaceutical Contract Manufacturing Market
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Biopharmaceutical contract manufacturing market segmented based on manufacturing process, type of services, molecule type and end user
Based on manufacturing process, biopharmaceutical contract manufacturing market is segmented into
• Mammalian Based
• Microbial Based
• Insect Based
• Plant Based
• Yeast Based
• Others
Based on type of service, biopharmaceutical contract manufacturing market is segmented into
• Formulation
• Fill and Finish services
• Cell Banking
• Analytical Services
• Process development
• Others
Based on molecule type, biopharmaceutical contract manufacturing market is segmented into
• Large Molecules
• Small Molecules
Based on end-user, biopharmaceutical contract manufacturing market is segmented into
• Biopharmaceutical Companies
• Pharmaceutical Companies
• Research Organizations
• Others
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Global biopharmaceutical contract manufacturing market is expected to grow at a significant rate during the forecast period. The market is highly competitive where the speed to market is imperative along with efficient process and low costs. Biopharmaceutical contract manufacturing services providers are increasing their service offerings such as formulation, production and analytical services apart from conventional services to provide complete support for biopharmaceutical companies. Cost considerations and quick services are expected continue to drive the outsourcing of biopharmaceutical contract manufacturing market. In May 2017, Lonza Group Ltd. acquired cell and gene contract manufacturer PharmaCell B.V., this acquisition broadens Lonza’s capabilities in Europe region. Companies expanding the manufacturing facilities to increase market share. For instance, In May 2017, Boehringer Ingelheim GmbH started a new manufacturing facility in China to increase their manufacturing capacity. Through this facility company’s manufacturing capacity will increase by one-third.
Geographically biopharmaceutical contract manufacturing market has been segmented into following regions viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to be leading in biopharmaceutical contract manufacturing owing to increased approvals of biosimilars and increase in biopharmaceutical research organization which are lack of manufacturing facilities. In Asia-Pacific region, emerging countries such as China and India expected to grow at a rapid rate owing to low cost of manufacturing. Development of biologics pipeline by domestic companies expected to drive the growth of biopharmaceutical contract manufacturing in China.
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Some of the players in biopharmaceutical contract manufacturing market are Lonza Group Ltd. (Switzerland), Boehringer Ingelheim GmbH (Germany), Charles River Laboratories, Inc. (U.S), Novartis AG (Switzerland) WuXi AppTec Group (China), Rentschler Biotechnologie GmbH (Germany), Fujifilm Holdings Corporation (Japan), Celonic AG (Switzerland), BIOMEVA GmbH (Germany), and ProBioGen AG (Germany) to name a few.
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