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Contract Development And Manufacturing Organization Market COVID-19 Study: Investment Analysis, Market Overview and Industry Insights | By Researchdive.com
Contract Development And Manufacturing Organization Market
Our report includes:
Technological Impact
Social Impact
Investment Opportunity Analysis
Pre- & Post-COVID Market Scenario
Infrastructure Analysis
Supply Side & Demand Side Impact
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As per a new report published by Research Dive, the Contract Development and Manufacturing Organization is set to generate a revenue of $315.7 billion by 2026, at a CAGR of 12.4% during the forecast period from 2019 to 2026. The segmentation of the market has been done on the basis of services and region. The report provides in-depth insights on drivers, vital segments, opportunities, restraints, and key players of the market.
Factors Affecting the Market Growth
As per our analysts, increasing demand for pharmaceutical products is estimated drive the contract development and manufacturing organization market. Moreover, the lack of control in the operational activities in the organization is predicted to be the major restraint for the market in the forecast period.
Contract manufacturing organization is predicted to have the maximum share
On the basis of service, CDMO market is classified into contract research organization and contract manufacturing organization. Contract manufacturing organization segment generated a revenue of $92.6 billion in 2018 and is estimated to grow at a CAGR of 12.1% in the projected timeframe. The segment is predicted to grow with the rise in the pharma industries as it is mostly used for developing of drugs, commercializing of drugs, and trials of drugs.
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Regional Breakdown of the Market
On the basis of region, the global CDMO market is segmented into North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific market generated a revenue of $31.7 billion in 2018 and is estimated to grow at a CAGR of 13.2% in the forecast period. Existence of many companies and availability of the labor at a lesser cost the region is estimated to boost the region market in the estimated period.
Major Market Players
Some of the key players in contract development and manufacturing organization market include Thermo Fisher Scientific Inc, The Lubrizol Corp, Siegfried Holding AG, Recipharm AB, Lonza Group Ltd, FAREVA SA, FAMAR Health Care Services, Catalent Inc, Almac Group Ltd and Aenova Holding GmbH, among others.
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About Us
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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