Healthcare CMO Market Outlook to 2027 - Indian Drug Manufacturers’ Association, International Trade Administration, Japan CMO Association, Medicines and Healthcare products Regulatory Agency, Ministry of Health

The global healthcare CMO market is expected to reach US$ 223,355.6 Mn in 2027 from US$ 80,479.4 in 2018. The healthcare CMO market is estimated to grow with a CAGR of 12.2% from 2019-2027.

The market is driven by the factors such as, increasing inclination of pharmaceutical and medical device manufacturers towards outsourcing, increasing patent cliffs and rising geriatric population coupled with the increasing production of drugs & medical devices. However, the challenge such as lack of skilled professionals for CMO likely to impact the growth of the market in the forecast period.

Increasing patent cliffs are likely to grow market dynamically. The rising numbers of the contract manufacturing across the globe are entering in the production of the generic drugs as the legislation encouraged competition to benefit consumers. The CMOs help in the manufacturing the drug with the bioequivalence testing and the drugs are produced with the current good manufacturing practices. The CMO allows to reduce the cost of manufacturing and enhance the production in bulk quantities. Additionally as per the paper’s statistics it is stated that approximately US$ 194 billion in the innovative drugs sales are at risk during the 2017- 2020.

Top Companies Covered in this Report:
Indian Drug Manufacturers’ Association, International Trade Administration, Japan CMO Association, Medicines and Healthcare products Regulatory Agency, Ministry of Health and Saudi Pharmaceutical Industries & Medical Appliances Corporation

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The "Global Healthcare CMO Market Analysis to 2027" is a specialized and indepth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by game type, application, end user, and geography. The global Healthcare CMO market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Healthcare CMO market players and offers key trends and opportunities in the market.

Global healthcare CMO market, based on service was segmented into major segments such as pharmaceutical contract manufacturing services and medical device contract manufacturing services. The pharmaceutical contract manufacturing services segment is expected to dominate the market in 2027, owing to the advantages provided by the contract manufacturing organizations and he rising prevalence of chronic and acute disease across the world. In addition, the segment is also anticipated to witness the fastest growth rate during the forecast period, 2018 to 2027.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Healthcare CMO market based on product, source and application. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, AsiaPacific (APAC), Middle East and Africa (MEA) and South & Central America.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Healthcare CMO Market Size
2.2 Healthcare CMO Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Healthcare CMO Market Size by Manufacturers
3.2 Healthcare CMO Key Players Head office and Area Served
3.3 Key Players Healthcare CMO Product/Solution/Service
3.4 Date of Enter into Healthcare CMO Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Healthcare CMO Sales by Product
4.2 Global Healthcare CMO Revenue by Product
4.3 Healthcare CMO Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Healthcare CMO Breakdown Data by End User

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This release was published on openPR.