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Pharmaceutical Contract Manufacturing Market Report 2023: Patent Expiry and Increasing Demand for Generic Drugs Drives Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The Pharmaceutical Contract Manufacturing Market Report 2023-2033 report has been added to ResearchAndMarkets.com’s offering.


Overall world revenue for the pharmaceutical contract manufacturing market will surpass US$145 billion in 2023.

In regard to therapeutic performance and safety characteristics, generic medications are less expensive than their branded counterparts. One of the main factors fueling the demand for generics is the push to lower the rising healthcare expenses. The market entry of various less expensive generic substitutes was made possible by patent expiration. Some of the significant medications whose patents recently expired included Lucentis by Roche, Adasuve by Galen, Perforomist by Mylan, Northera by Lundbeck, and Narcan by Emergent BioSolutions.

Nuclear medicine contract manufacturing also encompasses the development and production of radiopharmaceuticals. Due to recent corporate acquisitions and share offers, interest in the radiopharmaceutical industry has increased. Also, in May 2021, Curium finalized the acquisition of IASON, which aided the firm in growing its service portfolio of life-saving diagnostic solutions and throughout the European market.

This report tells you how the pharmaceutical contract manufacturing market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce.

Forecasts to 2033 and other analyses reveal commercial prospects

Segments Covered in the Report

Services

Drug Type

End User

The report also includes profiles and for some of the leading companies in the Pharmaceutical Contract Manufacturing Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

Key Topics Covered:

1 Report Overview

2 Executive Summary

3 Market Overview

3.1 Key Findings

3.2 Market Dynamics

3.2.1 Market Driving Factors

3.2.1.1 Patent Expiry and Increasing Demand for Generic Drugs

3.2.1.2 Increasing Investments in Pharmaceutical R&D

3.2.1.3 Investments in Advanced Manufacturing Technologies by CDMOs

3.2.2 Market Restraining Factors

3.2.2.1 Introduction of Serialization

3.2.3 Market Opportunities

3.2.3.1 Increasing Demand for Biological Therapies

3.2.3.2 Growth in the Nuclear Medicine Sector

3.2.3.3 Growing Demand for Cell and Gene Therapies

3.3 COVID-19 Impact Analysis

3.4 Porter’s Five Forces Analysis

3.5 PEST Analysis

3.6 SWOT Analysis

4 Pharmaceutical Contract Manufacturing Market, by Services, 2023-2033

5 Pharmaceutical Contract Manufacturing Market, by End-users, 2023-2033

6 Pharmaceutical Contract Manufacturing Market, by Drug Type, 2023-2033

7 Pharmaceutical Contract Manufacturing Market Analysis by Region, 2023-2033

8 North America Pharmaceutical Contract Manufacturing Market, 2023-2033

9 Europe Pharmaceutical Contract Manufacturing Market, 2023-2033

10 Asia Pacific Pharmaceutical Contract Manufacturing Market Analysis

11 Latin America Pharmaceutical Contract Manufacturing Market Analysis

12 MEA Pharmaceutical Contract Manufacturing Market Analysis

13 Company Profiles

14 Conclusion and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/t636mh

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