Press release
Contract Pharmaceutical Manufacturing Market Size is Set to Register $92 Billion by 2025 | Boehringer Ingelheim, Catalent, DPx, Lonza, Aenova, AbbVie, Nipro Corp
Contract Pharmaceutical Manufacturing Market
Overview of Global Contract Pharmaceutical Manufacturing Market:
The Global Contract Pharmaceutical Manufacturing Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Contract Pharmaceutical Manufacturing market size to maintain the average annual growth rate of 0.0662274114073 from USD 50 Billion in 2014 to USD 68.9 Billion in 2019, market analysts believe that in the next few years, Contract Pharmaceutical Manufacturing market size will be further expanded, we expect that by 2025, The market size of the Contract Pharmaceutical Manufacturing will reach USD 92 Billion.
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Major key factors driving the growth of the Global Contract Pharmaceutical Manufacturing Market are increasing demand for generic medicines and biologics, the capital-intensive nature of the business, and the complex manufacturing requirements, many pharmaceutical companies have identified the potential profitability in contracting with a CMO (Contract Manufacturing Outsourcing) for both clinical and commercial stage manufacturing.
The Global Contract Pharmaceutical Manufacturing Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Contract Pharmaceutical Manufacturing Market is sub-segmented into API, FDF and others. On the basis of Application, the Global Contract Pharmaceutical Manufacturing Market is classified into Specialty/Midsize, Generics, Big Pharma and others.
In terms of the geographic analysis, The Contract Pharmaceutical Manufacturing Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Contract Pharmaceutical Manufacturing Market ecosystem results in the increasing adoption of these systems in North America.
Global Contract Pharmaceutical Manufacturing Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Contract Pharmaceutical Manufacturing Market
2 To analyze and forecast the size of the Contract Pharmaceutical Manufacturing Market, in terms of value and volume
3 To analyze opportunities in the Contract Pharmaceutical Manufacturing Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Contract Pharmaceutical Manufacturing Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Contract Pharmaceutical Manufacturing Market
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Top Leading Key Manufacturers are: Catalent, DPx, Lonza, Piramal Healthcare, Aenova, Jubilant, Famar, Boehringer Ingelheim, Fareva Holding, AbbVie, Nipro Corp, Vetter, Sopharma, DPT Laboratories, Recipharm, NextPharma, Dishman, Aesica and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Latest Industry News:
Boehringer Ingelheim (February 27, 2020) - Boehringer Ingelheim Enters Discovery Stage Collaboration with Trutino Biosciences to Grow Its Cancer Immunology Portfolio with Novel Cytokine Platform - Boehringer Ingelheim and Trutino Biosciences today announced they have entered into a research collaboration and worldwide licensing agreement based on Trutino's innovative On-Demand-Cytokine (ODC) platform. Under the terms of strategic alliance, Boehringer Ingelheim gains access to Trutino's ODC platform technology for the generation and development of up to three new ODC candidates. This new collaboration combines Boehringer Ingelheim's long-term strategy to provide first-in-class, breakthrough therapies for cancer patients with Trutino's unique knowledge and expertise in increasing the safety and efficacy of cytokine therapies.
"Developing a strong and innovative cytokine therapeutic program as an additional component of our cancer immunology portfolio, demonstrates how we are 'Taking Cancer On,' and provides a high potential combination partner for our existing cancer vaccine, oncolytic virus, T cell engager and myeloid-targeting therapeutics portfolio," said Jonathon Sedgwick, Ph.D., Senior Vice President and Global Head, Cancer Immunology & Immune Modulation Research at Boehringer Ingelheim. "We are very pleased to partner with Trutino and harness the potential of their innovative scientific platform to develop treatment breakthroughs that will transform the lives of cancer patients."
Trutino's ODC platform masks the activity of cytokines until they reach the tumor site and become fully activated, sparing systemic exposure and potentially leading to a higher margin of safety and greater efficacy than conventional cytokine treatments. Trutino will generate the new ODC molecules and carry out preclinical validation, handing over development to Boehringer Ingelheim for late pre-clinical testing through the rest of development.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Contract Pharmaceutical Manufacturing in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Contract Pharmaceutical Manufacturing Market Report 2020
1 Contract Pharmaceutical Manufacturing Product Definition
2 Global Contract Pharmaceutical Manufacturing Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Contract Pharmaceutical Manufacturing Shipments
2.2 Global Manufacturer Contract Pharmaceutical Manufacturing Business Revenue
2.3 Global Contract Pharmaceutical Manufacturing Market Overview
3 Manufacturer Contract Pharmaceutical Manufacturing Business Introduction
3.1 Catalent Contract Pharmaceutical Manufacturing Business Introduction
3.2 DPx Contract Pharmaceutical Manufacturing Business Introduction
3.3 Lonza Contract Pharmaceutical Manufacturing Business Introduction
3.4 Piramal Healthcare Contract Pharmaceutical Manufacturing Business Introduction
3.5 Aenova Contract Pharmaceutical Manufacturing Business Introduction
3.6 Jubilant Contract Pharmaceutical Manufacturing Business Introduction
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