LONDON–(BUSINESS WIRE)–#marketintelligence–The Pharmaceutical Contract Manufacturing market size is expected to grow over USD 30 billion at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period of 2019-2024.
This increasing spend on pharmaceutical contract manufacturing services will be primarily attributed to the robust growth of the API market due to the increasing prevalence of chronic diseases such as cancer, diabetes, dementia, and arthritis.
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Top Spending Regions in the Pharmaceutical Contract Manufacturing Market:
According to the spend share and forecasts, APAC and North America will be the leading regions in the Pharmaceutical Contract Manufacturing market.
- APAC
- North America
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Insights that drive the Supply chain market of Pharmaceutical Contract Manufacturing Market:
- The presence of WHO-GMP approved production facilities and the highest number of US FDA approved plants outside the US will increase APAC market’s supply influence during the forecast period.
- Buyers are advised to engage the project-based pricing model while finalizing a contract with pharmaceutical contract manufacturing service providers
Some of the top Pharmaceutical Contract Manufacturing suppliers listed in this report:
This Pharmaceutical Contract Manufacturing procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
- Pfizer Inc.
- Boehringer Ingelheim International GmbH
- Lonza Group Ltd.
- Baxter International Inc.
- Catalent Inc.
- Fresenius SE & Co. KGaA
Reason to download the free sample of this report:
- To have a better grasp over the market dynamics
- Understand the key market trends
- Better supplier understanding and have an edge over the negotiation
- Know what are the factors that influence the demand-supply shifts
- Help you interpret and use the best procurement practices in this market
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market
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