Press release
European Healthcare CDMO Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
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.
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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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Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Company Name: Orion Market Research
About Orion Market Research
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