North America, the biopharmaceutical contract manufacturing market, is anticipated to reach US$ 11,754.24 Mn in 2027 from US$ 6,202.70 Mn in 2019. The market is projected to grow with a CAGR of 8.5% from 2020-2027.
The biopharmaceutical contract manufacturing market is growing primarily due to the increasing outsourcing by pharmaceutical companies and increasing demand for biologics in the North America region that are boosting the market over the years. Restraining factors, such as increasing competition in the industry likely to damage the growth of the market in the coming years. Additionally, robust advancements in research and development activities and consolidation in the pharmaceutical CMO industry are likely to increase the growth of the biopharmaceuticals contract manufacturing in the forecast period.
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Key Players:
- Lonza Group AG
2. Boehringer Ingelheim International GmbH
3. Inno Biologics Ventures Sdn Bhd
4. Thermo Fisher Scientific
5. AbbVie Inc.
6. WuXi Biologics
7. General Electric
8. Samsung Biologics
9. Merck KGaA
10. Ajinomoto Co., Inc
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. Most companies in the Biopharmaceutical Contract Manufacturing Market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global market
Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Biopharmaceutical Contract Manufacturing Market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Biopharmaceutical Contract Manufacturing Market is also been analyzed in terms of value chain analysis and regulatory analysis.
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In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Risk Assessment for Investing in Global Market
Critical Success Factors (CSFs)
The competitive landscape of the market has been examined on the basis of market share analysis of key players. Detailed market data about these factors is estimated to help vendors take strategic decisions that can strengthen their positions in the market and lead to more effective and larger stake in the global Biopharmaceutical Contract Manufacturing Market. Pricing and cost teardown analysis for products and service offerings of key players has also been undertaken for the study.
Table of Contents:
1 Executive Summary
2 Preface
3 Biopharmaceutical Contract Manufacturing Market Overview
4 Market Trend Analysis
5 Global Biopharmaceutical Contract Manufacturing Market Segmentation
6 Market Effect Factors Analysis
7 Market Competition by Manufacturers
8 Key Developments
9 Company Profiling
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