Healthcare Contract Development and
Manufacturing Organization Market
Outlook, Growth Factors, Industry Share, and Size By 2030
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Healthcare Contract Development and Manufacturing Organization Market
Outlook, Growth Factors, Industry Share, Size By 2030
The global healthcare contract development and manufacturing organization market size was valued at USD 221.97 billion in 2021. It is projected to reach USD 476.55 billion by 2030, growing at a CAGR of 8.86% during the forecast period (2022–2030).
A contract development and manufacturing organization is an enterprise or organization that provides classified services to other organizations on a contract basis, including medication discovery and drug manufacturing for various therapeutic applications. This contract permits most pharmaceutical companies to outsource those aspects of their operations that support scalability, allowing them to concentrate on drug discovery and marketing. Pre-formulation services include formulation development, pre-formulation, clinical trials, formal stability, stability studies,
registration, and commercial production batches. The objective of service providers is to concentrate on a single technology or dosage form while ensuring end-to-end consistency and efficiency for all outsourcing clients. It is anticipated that the presence of end-to-end service providers that offer value-added services for an integrated or risk- sharing business model will stimulate market growth.
The global Healthcare Contract Development and
Manufacturing Organization Market is expected to grow at a CAGR of 8.86% during the forecast period, i.e., 2022- 2030.
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Healthcare Contract Development and Manufacturing Organization Market
2021 2030
$
USD Billion
$
USD Billion
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CAGR 8.86 %
Healthcare Contract Development and Manufacturing Organization Market
Main Market Players Covered in This Report:
Catalent Inc., Flex
Covance Inc.
Lonza Group Ltd
Jabil Inc.
Sanmina Corporation
IQVIA Holdings Inc
Thermo Fisher Scientific Inc
Siegfried Holding AG
Recipharm AB
A Summary of the Impact of COVID-19 on this Market:
The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on businesses across industries. However, this too shall pass. Growing support from governments and
various companies can benefit in the fight against this highly transmissible disease. There are some businesses that are struggling and some are thriving.
General, almost every sector is anticipated to be stuck by the pandemic
Healthcare Contract Development and Manufacturing Organization Market
The Healthcare Contract Development and Manufacturing Organization Market has been segmented as below:
By Service
• Contract Development
• Contract Manufacturing
By Regions
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future.
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