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European Healthcare CDMO Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

12-04-2023 08:35 AM CET | Health & Medicine

Press release from: Orion Market Research

European Healthcare CDMO Market Share, Trends, Future Outlook,

The European healthcare CDMO market is projected to grow at a significant CAGR during the forecast period. The increasing demand for innovations in drug development for better productivity in pharmaceutical production and reliable research is leading to outsourcing within the region.

Further, the increasing expenditure in the healthcare sector by European countries has also been observed. This is the major factor driving the growth of the European pharmaceutical contract manufacturing industry that propels the CDMO market. Additionally, contract manufacturing and research activities are pacing up to cater to the ever-increasing demands by the healthcare industry to provide advanced treatment options in Europe.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/europe-healthcare-cdmo-market

Moreover, the presence of global leader biotech companies including GlaxoSmithKline PLC, Boehringer Ingelheim GmbH, and other major biopharmaceutical companies in Europe makes it one of the leading markets in the global life science industry. The rise in R&D investment by these market players would significantly contribute to the growth of the European pharmaceuticals contract manufacturing market. AstraZeneca PLC has spent a large amount of fund of around $5.6 billion for R&D during 2016-2017.

Europe has made significant R&D in pharmaceuticals mainly due to the increasing drug discovery and research, and growing demand for innovative drugs. Additionally, the increasing investment of the government in the life sciences and biopharmaceuticals is further augmenting the growth of the market in the region.

European healthcare CDMO Market - Segmentation

By Services

Contract Development
o Clinical

o Preclinical

o Laboratory Services

Contract Manufacturing
o Active Pharmaceutical Ingredients (API)

o Finish Dosage Formulations

o Medical Devices

A full report of European Healthcare CDMO Market is available at: https://www.omrglobal.com/industry-reports/europe-healthcare-cdmo-market

European Healthcare CDMO Market- Segment by Region

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Company Profiles

AbbVie Inc.
Almac Group Ltd.
Braun Melsungen AG
Boehringer Ingelheim International GmbH
Jubilant Life Sciences Ltd.
Lonza Group Ltd.
Pfizer Inc.
Probiogen AG
Recipharm AB
Siegfried Holding AG
Thermo Fisher Scientific Inc.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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