Organization strategy

With a CAGR of 10.0%, the contract development and manufacturing organization market size will reach USD 278.9 billion by 2026

According to Fortune Business Insights, the global market size of contract development and manufacturing organizations is expected to reach USD 278.9 billion by 2026, mentions that the market was worth USD 130.8 billion in 2018 and is expected to show a CAGR of 10.0% between 2022 and 2026.

/EIN News/ — Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The world contract development and manufacturing organization market The size is expected to reach USD 278.98 billion by the end of 2026. Mergers and acquisitions are a growing trend among large companies around the world. According to a report published by Fortune Business Insights, titled “Contract Development and Manufacturing Organization (CDMO) Market Size, Share & Industry Analysis, By Service {By CMO (API, Finished Product {Solid Dosage Forms, Injectables, and Others}), and Packaging)} {By CRO (Discovery, Preclinical, Clinical Trial, and Laboratory Services)} and Regional Forecast, 2019-2026”, the market was worth USD 130.80 billion in 2018 and will show a CAGR of 10.0% during the forecast period, 2019-2026.

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Industry developments:

February 2019: Jubilant Biosys has collaborated with Sanofi to develop small molecule inhibitors in the CNS therapeutic area.

Report scope

Report cover Details
Forecast period 2019 to 2026
Forecast Period 2019 to 2026 CAGR 10.0%
2026 value projection $278.98 billion
base year 2018
Market size in 2018 $130.8 billion
Historical data for 2015 to 2017
Number of pages 155
Key players Catalent, Inc., Baxter, Vetter, Recipharm AB, Albany Molecular Research Inc. (AMRI), Thermo Fisher Scientific Inc. (Patheon), Unither, DPT LABORATORIES LTD., NextPharma Technologies
Growth engines Rising demand for pharmaceuticals will drive growth
Asia-Pacific will register the highest CAGR; Increase in business collaborations will contribute to the growth of the regional market
Diversified portfolio and growing focus on mergers & Acquisition to prove as a winning strategy Leading position in the global market

Presentation of the report:

The contract development and manufacturing organization market is segmented on the basis of factors such as service and geographies. The report provides forecast values ​​for the market for the period 2019-2026. Factual figures were obtained from reliable sources. Moreover, these predictions are made based on extensive research analysis methods, coupled with the opinions of experienced market research professionals. The report highlights the latest product launches and labels the major market innovations. In addition to this, it indicates the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made regarding the leading companies and products in the coming years.

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Product presentation:

A contract development and manufacturing organization (CDMO) helps healthcare companies develop drugs. It is involved in the entire process, from clinical trials to the marketing and distribution of drugs. The complexity of therapies and the lack of in-house manufacturing capabilities will positively impact the market growth in the coming years. The high investment in CDMOs will bode well for the overall market in the coming years. Moreover, the increasing number of mergers and strategic collaborations will contribute to the growth of the market. The use of advanced technologies in the drug development processes will emerge in favor of the companies operating in the market.

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Recipharm AB presents a new fully integrated service platform

Given the huge potential held by CDMOs, several companies are looking to invest more in the development of new products. The huge investments have resulted in some outstanding products in recent years. In May 2019, Recipharm AB announced the launch of a fully integrated service platform for inhalation products. This will include the early stages of the products, including pre-clinical trials through to commercialization of the products. Recipharm’s latest product will generate huge sales and consequently high revenue for the company. This will not only benefit the business but will have a positive impact on the growth of the entire market in the coming years.

Asia-Pacific will register the highest CAGR; Increase in business collaborations will contribute to the growth of the regional market

The report analyzes current CDMO market trends in North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Among these regions, the Asia-Pacific market will register the highest CAGR in the coming years, due to the increasing number of business collaborations and mergers in several countries around the world. The market in North America is expected to become dominant in the coming years, owing to the presence of several well-established companies. In 2018, the North American market was worth USD 48.72 billion in 2018 and this value is expected to increase further in the coming years.

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Contract Development and Manufacturing Organization Market Segmentation:

Segmentation By service
By CMO
  • API Manufacturing
  • Manufacture of finished products
  • Solid dosage forms
  • Injectables
  • Others (Semi-solids/liquids, powder)
  • Packaging

By CRO

  • Discovery
  • Preclinical
  • Clinical
  • Laboratory services
By geography
  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia and Rest of Asia-Pacific)
  • Rest of the world

List of companies featured in the report:

  • Catalent, Inc.
  • Baxter
  • Vetter
  • Recipharm AB
  • Albany Molecular Research Inc. (AMRI)
  • Thermo Fisher Scientific Inc. (Patheon)
  • Unite
  • DPT LABORATORIES LTD.
  • NextPharma Technologies
  • Others

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Contents

  • Introduction
    • Search scope
    • Market segmentation
    • Research Methodology
    • Definitions and assumptions
  • Summary
  • Market dynamics
    • Market factors
    • Market constraints
    • Market opportunities
  • key ideas
    • Key industry developments (mergers, acquisitions and partnerships)
    • The regulatory scenario for key countries/regions
    • Main market trends
    • Mapping of key services by main players
  • Global Contract Development and Manufacturing Organizations (CDMO) Market Analysis, Outlook and Forecast, 2015 – 2026
    • Main results/summary
    • Market Analysis, Outlook and Forecast – By Service
      • CMO
        • API Manufacturing
        • Manufacture of finished products
          • Solid dosage forms
          • Injectables
          • Others (Semi-solids/liquids, Powder)
        • Packaging
      • CRO
        • Discovery
        • Preclinical
        • Clinical
        • Laboratory services
    • Market Analysis, Outlook and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Rest of the world

Table of Contents Continue…!

Frequently Asked Questions

What is the contract development and manufacturing organization services market worth?

According to Fortune Business Insights, the global market was USD 130.80 billion in 2018 and is expected to reach USD 278.98 billion by 2026.

What is the leading segment of the CDMO market by service?

According to Fortune Business Insights, the CDMO segment is the leading segment in this market by service.

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