Global Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market
Pharmaceuticals

Global Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market Size, Forecasts, And Opportunities

Learn about the global Pharmaceutical Contract Development And Manufacturing Organization (CMO) market through The Business Research Company, which provides information on pharmaceutical contract development and manufacturing organization (CMO) market size, pharmaceutical CMO market drivers and restraints, pharmaceutical CMO market players, the COVID-19 impact on the pharmaceutical CMO market, and more.

 

The global pharmaceutical contract development and manufacturing organization (CMO) market size is expected to grow from $114.36 billion in 2021 to $122.31 billion in 2022 at a compound annual growth rate (CAGR) of 7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical CMO market is expected to reach $159.94 billion in 2026 at a CAGR of 6.9%.

The growth of the pharmaceutical contract development and manufacturing market is driven by the increase in the demand for medicines across the globe.

 

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The pharmaceutical contract development and manufacturing market consists of sales of pharmaceutical contract development and manufacturing products and related services. Some pharmaceutical companies outsource the manufacturing of products on contracts to focus on the R&D, marketing and branding of their products. The pharmaceutical contract development and manufacturing market consists of manufacturing firms who manufacture drugs and other pharmaceutical products for other pharmaceutical companies on contractual basis.

 

Global Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market Segments Include:
By Type: Active Pharmaceutical Ingredient (API) Manufacturing, Finished Dosage Formulation (FDF) Development and Manufacturing, Secondary Packaging
By Research Phase: Preclinical, Phase I, Phase II, Phase III, Phase IV
By End-User: Big Pharmaceutical Companies, Generic Pharmaceutical Companies, Small and Medium-Sized Pharmaceutical Companies
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the pharmaceutical contract development and manufacturing market in 2021.

 

The companies in the pharmaceutical contract development and manufacturing market are investing towards acquiring and forming alliances with other companies in the market. The pharmaceutical contract development and manufacturing companies are following the trend of merger and acquisition in order to expand their global market reach to meet the client needs, to increase their production capabilities while maintaining cost efficiencies and to get access to latest technology and new services. The high levels of merger and acquisition activities are resulting in consolidation of the contract service providers.

 

TBRC’s pharmaceutical contract development and manufacturing organization (CMO) market report covers:

Major Market Players: Recipharm AB, Pfizer Inc., Boehringer Ingelheim International GmbH., Aenova Group, Famar, Jubilant Life Sciences Limited, Catalent Pharma Solutions, Chemicals Limited, Dishman Pharmaceuticals, HAUPT Pharma AG, Kemwell Pvt. Ltd., Nipro Corp., NextPharma, Royal DSM N.V, Althea Technologies, Thermo Fisher Scientific Inc., Lonza Group Ltd, AbbVie Inc., Consort Medical plc, Almac Group, Siegfried Holding AG, Evonik Industries AG and Vetter Pharma International GMBH.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Pharmaceutical Contract Development And Manufacturing Organization (CMO) Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides pharmaceutical contract development and manufacturing organization (CMO) market overviews, analyses and forecasts market size, share, pharmaceutical CMO market players, pharmaceutical CMO market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s pharmaceutical contract development and manufacturing organization (CMO) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Pharmaceutical API Manufacturing Global Market Report 2022

Pharmaceutical Sterility Testing Global Market Report 2022

 Pharmaceutical Drugs Global Market Report 2022

 

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