The Pharmaceutical Contract Development And Manufacturing Organization (CMO) Global Market Report 2023, provides comprehensive information on the pharmaceutical contract development and manufacturing organization (CMO) market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market’s Growth:
As per The Business Research Company’s Pharmaceutical Contract Development And Manufacturing Organization (CMO) Global Market Report 2023, the global pharmaceutical contract development and manufacturing market grew from $122.31 billion in 2022 to $130.82 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmaceutical contract development and manufacturing market is expected to grow from $196.53 billion in 2027 at a CAGR of 10.7%.
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The pharmaceutical contract development and manufacturing organization (CMO) market is segmented:
1) By Type: Active Pharmaceutical Ingredient (API) Manufacturing, Finished Dosage Formulation (FDF) Development and Manufacturing, Secondary Packaging
2) By Research Phase: Preclinical, Phase I, Phase II, Phase III, Phase IV
3) By End-User: Big Pharmaceutical Companies, Generic Pharmaceutical Companies, Small & Medium-Sized Pharmaceutical Companies
North America was the largest region in the pharmaceutical contract development and manufacturing organization (CMO) market in 2022.
The table of contents in TBRC’s pharmaceutical contract development and manufacturing organization (CMO) market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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