DUBLIN, June 21, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Pharmaceutical Contract Manufacturing & Contract Research Market, 2014 - 2025" report to their offering.
The global pharmaceutical contract manufacturing/contract research market is anticipated to reach USD 238.3 billion by 2025. Impact on the volume of capacity that is required for production due to of increasing expression levels is anticipated to influence outsourcing industry. Increased cell densities as well as increase in expression of each cell has led to the steady decline in the volume requirement. The aforementioned fact provides the client with choices for in selection from several CMOs, which was not the fact earlier.
The focus of large pharmaceutical companies to strategically engage with a small number of preferred providers is a meaningful departure from the procurement-based outsourcing. This was one of the many approaches that the service industry had become accustomed to.
Expanding market for biosimilars and biobetters is anticipated to pronounce the demand for contract development and manufacturing support. Service providers that hold the potential of providing cost as well as quality advantages are set to make inroads and grow at tremendous pace in the forecast period.
However, as drug manufacturers are increasing the investments with respect to production capabilities. This may limit the potential growth of contract manufacturing services to traditional customers thereby hampering industrial growth.
- Boehringer Ingelheim GmbH
- Grifols S.A
- Jubilant Life Sciences Limited
- Pfizer, Inc. (Pfizer CenterOne)
- Charles River Laboratories International, Inc.
- Albany Molecular Research, Inc.
- Covance, Inc. (LabCorp)
- Baxter BioPharma Solutions
- Aenova Holding GmbH
- Vetter Pharma
- Valeant Pharmaceuticals International Inc.
- Ligand Pharmaceuticals, Inc.
- Pharmaceutical Product Development, LLC
- Recipharm AB.
- AbbVie, Inc.
- Famar Health Care Services
- Catalent Pharma Solutions
- West Pharmaceutical Services, Inc.
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Pharmaceutical Contract Manufacturing/Contract Research Market Variables, Trends & Scope
4 Pharmaceutical Contract Manufacturing/Contract Research Market Categorization: Service Estimates & Trend Analysis
5 Pharmaceutical Contract Manufacturing/Contract Research Market Categorization: Country Estimates & Trend Analysis, by Service
6 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/7s6xvr/pharmaceutical
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---pharmaceutical-contract-manufacturing--contract-research-market-to-reach-238-billion-by-2025---key-players-are-abbvie-catalent-grifols-baxter-biopharma-boehringer-dalton-pharma--patheon-300477417.html
SOURCE Research and Markets