2027 Healthcare CMO Market is estimated to grow at a CAGR of 12.2% led by Royal DSM, Catalent, Boehringer Ingelheim International GmbH, Recipharm AB, Fareva, Lonza, Piramal Enterprises

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Active Pharmaceutical Ingredient (API) is expected to drive the growth of the global healthcare CMO market by sub segment of service segment

The global healthcare CMO market accounted to US$ 80,479.4 in 2018 and is expected to grow at a CAGR of 12.2% during the forecast period 2019 - 2027, to account to US$ 223,355.6 Mn by 2027.

Asia-Pacific is the fastest growing geographic market and it is anticipated to be the third largest revenue contributor throughout the forecast period. Asia Pacific is recognized as an emerging market for the pharmaceutical and biopharmaceutical industry across the world. The growth is defined by the cost effective manufacturing of the pharmaceutical products and rising healthcare expenditures by the various countries in the region.

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Global Healthcare CMO Market by Service (Pharmaceutical Contract Manufacturing Services and Medical Device Contract Manufacturing Services); and Geography

Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Healthcare CMO Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The major players operating in the healthcare CMO market, Royal DSM, Catalent, Inc, Boehringer Ingelheim International GmbH, Recipharm AB (publ), Fareva, Lonza, Piramal Enterprises Ltd, Dr. Reddy’s Laboratories Ltd., Almac Group, FAMAR Health Care Services

The research report provides an in-depth analysis of the major Healthcare CMO industry leading players along with the company profiles and strategies adopted by them. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.

According to a new market research study titled ‘Healthcare CMO Market to 2027 – Global Analysis and Forecasts by Service and Geography. The global healthcare CMO market is expected to reach US$ 223,355.6 Mn in 2027 from US$ 80,479.4 in 2018. The market is estimated to grow with a CAGR of 12.2% from 2019-2027. The market is expected to grow due to increasing contract manufacturing of the active pharmaceutical ingredients (API) for the pharmaceutical contract manufacturing services.

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Global healthcare CMO market, based on services was segmented as, pharmaceutical contract manufacturing services and medical device contract manufacturing services. The pharmaceutical contract manufacturing services is further classified as active pharmaceutical ingredients (API), final dosage form manufacturing and packaging market. Similarly, the medical device contract manufacturing services is divided into outsourcing design, device manufacturing and final good assembly markets. In 2018, the pharmaceutical contract manufacturing services segment held the largest share of the market, by service. Also, the pharmaceutical contract manufacturing services segment is expected to witness fastest growth at a fastest CAGR of 12.6% during 2019 to 2027.

The report segments the global healthcare CMO market as follows:

• Global Healthcare CMO Market – By Service
• Pharmaceutical Contract Manufacturing Services
o Active Pharmaceutical Ingredients (API) Manufacturing
o Final Dosage Form Manufacturing
o Packaging
• Medical Device Contract Manufacturing Services
o Outsourcing Design
o Device Manufacturing
o Final Goods Assembly

• Global Healthcare CMO Market – By Geography
• North America
o U.S
o Canada
o Mexico
• Europe
o France
o Germany
o U.K
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
• South & Central America
o Brazil
o Argentina

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