Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market 2021 Research and Insights- Catalent Inc., Recipharm AB, Jubilant Life Sciences Ltd., Patheon Inc., Boehringer Ingelheim Group, Pfizer CentreSource, Aenova Holding GmbH

The “Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The Pharmaceutical CDMO market was valued USD 148.5 billion in 2019, and it is expected to reach USD 224.9 billion by 2025, registering a CAGR of 7%, during the period of 2020-2025.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market: - Catalent Inc., - Recipharm AB, - Jubilant Life Sciences Ltd., -  Patheon Inc., - Boehringer Ingelheim Group, - Pfizer CentreSource, - Aenova Holding GmbH, - Famar SA, - Baxter Biopharma Solutions, - Lonza Group, - CMIC Holdings Co. Ltd, - Covance Inc.

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Industry News and Developments:

- February 2020 - Catalent, has signed an agreement with Zumutor Biologics, Inc., to manufacture Zumutors, ZM008, for the treatment of solid tumors. Zumutor is a biologics company that develops novel immuno-oncotherapeutics to drive transformational improvements in cancer treatment.

- December 2019 - Thermo Fisher Scientific Inc. opened its new USD 90 million viral vector CDMO (contract development and manufacturing organization) site in Lexington, Mass. The 50,000-square-foot facility will add more than 200 jobs and support the development, testing and manufacture of viral vectors, which are critical to advancing new life-saving gene and cell therapies worldwide.

Key Market Trends

Increasing Investment in R&D to Drive the Market Growth

- The United States is the worlds largest market for drugs, and accounts for almost half of the R&D spending in the pharmaceutical and biotechnology markets. Hence, CMOs play a critical role in this market and have invested in new facilities and technologies to cater to a wide range of outsourcing units.

- The biggest Chinese professional manufacturer of dermatology and anti-tuberculosis drug products, Huapont, is one of the fastest-growing pharmaceutical manufacturers in China, mainly dependent on product R&D and market expansion.

- CRO/CMOs are able toleverage their expertise, owing to their R&D and complex manufacturing capabilities, to fill the needs of the large generic, big pharmaceutical and biotech companies.

- A major stake of R&D investments as well as capacity expansions, are likely in the injectable and sterile liquid dose formulations segment. Small biotech firms get access to specialized knowledge and resources, which help them expedite their R&D activities.

Asia-Pacific Expected to Witness Highest Growth in CRO Market

- Over the forecast period, Asia-Pacific is expected to witness the highest growth in the CRO market, owing to the low cost offered by the region, as compared to the United States and other developed economies. Additionally, growing incidences of chronic and lifestyle diseases, such as diabetes and heart disease, coupled with ease of patient recruitment and availability of expertise for clinical trials, are few driving factors boosting growth in the region.

- With increasing privatization of clinical trials, there has been an increase in the outsourcing of research processes in developing regions, such as China and India. For instance, the market is witnessing increased outsourcing of research services, such as Clinical Data Management, Pharmacovigilance, Biostatistics, etc., by large pharmaceuticals.

- Growing investments by several pharmaceutical and biopharmaceutical drugs manufacturing companies are also supporting the growth of the CRO market in the region. As part of its five-year Research, Innovation, and Enterprise 2020 plan, the Singaporean government has committed to invest nearly USD 2.4 billion, in advancing manufacturing and engineering in the pharmaceutical market.

- In January 2019, Lambda, headquartered in India, announced the acquisition of US-based Novum Pharmaceutical Research Services, in a move to increase its presence in the United States.

For a comprehensive understanding of market dynamics, the global Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Influence of the Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market report:

-Comprehensive assessment of all opportunities and risks in the Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market.

–Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market recent innovations and major events.

-Detailed study of business strategies for growth of the Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market-leading players.

-Conclusive study about the growth plot of Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market for forthcoming years.

-In-depth understanding of Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market-particular drivers, constraints, and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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