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Global Biopharmaceuticals Contract Manufacturing Market To 2032 - Size, Share, Outlook, And Opportunity Analysis
Biopharmaceuticals Contract Manufacturing Global Market
Biopharmaceuticals Contract Manufacturing Market Size, Growth Rate, And Forecast
The global biopharmaceuticals contract manufacturing market size is expected to grow from $16.54 billion in 2022 to $18.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global biopharmaceuticals contract manufacturing market size is expected to reach $26.88 billion in 2027 at a CAGR of 10%.
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Biopharmaceuticals Contract Manufacturing Market Drivers
The increasing demand for biologics is expected to propel the growth of the biopharmaceutical contract manufacturing market going forward. Biologics are products manufactured from living organisms or containing pieces made from them, such as those derived from humans, animals, or microbes, using biotechnology. They are utilized to treat various diseases and ailments and provide the most cutting-edge therapies currently available. The biologics contract manufacturing industry is expanding due to the expanding biologics pipeline, the complexity of the production process, and firms focusing on their core capabilities, several pharmaceutical and biotechnology businesses are currently outsourcing a wide range of tasks, from commercial-scale manufacturing to early-stage drug research.
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Biopharmaceuticals Contract Manufacturing Market Segments
1) By Product: Biologics, Monoclonal Antibodies (MABs), Recombinant Proteins, Vaccines, Antisense, RNAi, And Molecular Therapy, Biosimilars
2) By Source: Mammalian, Non-mammalian
3) By Service: Process Development, Fill And Finish Operations, Analytical And QC studies, Packaging
4) By Application: Clinical, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biopharmaceuticals Contract Manufacturing market.
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Biopharmaceuticals Contract Manufacturing Market Key Players
Major competitors in the Biopharmaceuticals Contract Manufacturing market include Boehringer Ingelheim GmbH, Lonza Group, Inno Biologics Sdn Bhd, Rentschler Biotechnologie GmbH, Samsung BioLogics
The Table Of Content For The Biopharmaceuticals Contract Manufacturing Market Include:
1. Executive Summary
2. Biopharmaceuticals Contract Manufacturing Market Characteristics
3. Biopharmaceuticals Contract Manufacturing Market Trends And Strategies
4. Biopharmaceuticals Contract Manufacturing Market - Macro Economic Scenario
5. Biopharmaceuticals Contract Manufacturing Market Size And Growth
……
27. Biopharmaceuticals Contract Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biopharmaceuticals Contract Manufacturing Market
29. Biopharmaceuticals Contract Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Biopharmaceuticals Contract Manufacturing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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