Press release
Unprecedented, constructive disruption to drive the CMO/CDMO Biotechnology Market
The global CMO/CDMO biotechnology market was valued at over US$ 8.3 Bn in 2020, and is expected to exhibit a CAGR of around 11% over the forecast period (2021 – 2031).
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/32516
A contract development and manufacturing CDMO provides development and manufacturing services to biotechnology/biopharmaceuticals companies. Pharma/biopharma and biotechnology companies partners with CDMOs as a way to outsource drug development and drug manufacturing.
Development services, bio manufacturing services, analytical testing, fill finishing, packaging, and clinical supply services are some of the services provided by biotechnology CDMOs/CMOs.
With advancements in contract solutions, leading CDMOs are focusing on the expansion of their integrated capabilities from molecule-to-finished product. The trend is significant as the acceleration of development and the market is becoming more crucial for biopharmaceutical and biologics developers.
Leading industry players are focusing on the development and launch of next-generation bio therapeutics to treat serious life-threatening diseases. The current biologics-development pipeline supports an outlook of continued healthy growth. The number of biotech patents applied for every year has been growing at approximately 23% annually.
Company Profiles:
Patheon N.V.
Catalent
Samsung Biologics Co., Ltd
Boehringer Ingelheim
Samsung BioLogics
AGC Biologics, Inc.
Avid Bioservices, Inc.
Fujifilm Diosynth Biotechnologies
Xpress Biologic
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/32516
Key Takeaways from Market Study
Standalone services hold around 57% value share, globally, primarily due to growing cell-line development services by biopharmaceutical and biotechnology companies.
Leading global CDMOs are focusing on expansion of their manufacturing capabilities with high flexibility and rapid operation. With the help of advanced single-use technologies, companies are able to cut batch manufacturing and cleaning time from 7 days to 1 day.
In terms of product, monoclonal antibodies are leading the market and are expected to hold 47% market share over the forecast period. This is owing to significant success rate of development and approval of both, bio-specific and antibody fragments.
The mammalian segment widely dominates at 80% share, owing to the capabilities to add human-like post-translational modifications to complex protein therapeutics.
By company size, mid-size contract development manufacturers accounted for the largest share of global CDMO/CMO biotechnology manufacturing. This is mainly because most of small operation CMOs have capabilities to produce enough antibodies.
Based on scale of operation, the commercial segment is leading with 50% market share, owing to increasing approvals of new bio therapeutics and their commercialization.
The region of North America is dominant in the global market for CMO/CDMO biotechnology, and will continue to remain the most lucrative market over the forecast period.
“Growing outsourcing to CMO/CDMOs and for monoclonal antibodies (mAbs), and technological upgrades to boost manufacturing are expected to drive the market over the coming years” says an analyst of Persistence Market Research.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/32516
New Product Launches – Strategy by Key Players
Key manufacturers of CMO/CDMO biotechnology use the strategy of introducing new and innovative solutions. Moreover, they also focus on expanding their market with collaborations and acquisitions in key regions. This factor induces intense competition among market players.
For instance, in Oct 2018, Boehringer Ingelheim achieved a next-expansion milestone in biologics production in the U. S. The company invested €200 million. This expansion has increased the company’s worldwide capacity for manufacturing biopharmaceutical medicines, which exceeds 290,000 liters.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the CMO/CDMO biotechnology market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.
The research study is based on service (standalone services and integrated development), product (monoclonal antibodies, antibody fragments, recombinant therapeutic proteins, viral vector, cell and gene therapy, and vaccines), platform/ expression system (mammalian, microbial, insect and others), company/ organization size (small, mid-sized, large, and very large), and scale of operation/application (preclinical, clinical, commercial, and others), across seven key regions of the world.
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/cmo-cdmo-biotechnology-market.asp
Related Reports:
Radiology Information Systems Market - https://www.persistencemarketresearch.com/market-research/radiology-information-systems-market.asp
Mobile Operating Tables Market - https://www.persistencemarketresearch.com/market-research/mobile-operating-tables-market.asp
Contact Us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Unprecedented, constructive disruption to drive the CMO/CDMO Biotechnology Market here
News-ID: 2489544 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for CDMO
Global Packaging CDMO Market Is Witnessing a Sustainable Growth Due to Increase …
The latest release from WMR titled Packaging CDMO Market Research Report 2022-2028 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Packaging CDMO including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Packaging CDMO Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY WMR. The report presents…
Medical Robotics to Drive the CMO/CDMO Biotechnology Market
The CMO/CDMO Biotechnology Market is slated to grow unstoppably in the years to come. The healthcare providers are, of late, making way for more specialized and timely treatment through same-day surgeries, outpatient surgeries, and likewise. ASCs (Ambulatory Surgical Centers) are preferred over conventional hospital settings. As such, cost-effective medical services could be provided. This type of customization is expected to take the healthcare vertical by storm in the future.
The global…
Pharmaceutical Contract Development And Manufacturing Organization (CDMO) Market …
Precision Business Insights published a research report on “Pharmaceutical Contract Development and Manufacturing Organization (CDMO) Market: By Service (Pharmaceutical Manufacturing Services, Drug Development Services and Biologics Manufacturing Services), By End User (Small & Mid-Size Pharma, Generic Pharmaceutical Companies, Big Pharma and Other End Users) and Geography - Global/Region/Country Forecast to 2028”.
A contract development and manufacturing company (CDMO) is a corporation that provides drug development and manufacturing services to…
The CMO/CDMO Biotechnology Market to elevate itself with digital transformation
The CMO/CDMO Biotechnology Market is ascertained to make greater strides in the future. The present-day and futuristic cutting-edge technology, namely IoT, AI, and Big Data operate better in a lightning-fast and reliable internet connection. The benefits of high-speed internet would be seen in telecare in the next 2-3 years, but going forward, more authentic data streams are likely to come up with better-connected devices, thereby revolutionizing the healthcare system.
The global…
Cosmetic CDMO and CMO Market 2021 | Detailed Report
According to Market Study Report, Cosmetic CDMO and CMO Market provides a comprehensive analysis of the Cosmetic CDMO and CMO Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures) of Cosmetic CDMO and CMO Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4457145
The…
CMO and CDMO biotechnology Market 2021 | Detailed Report
Global CMO and CDMO biotechnology Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables…
