The Biopharmaceuticals Contract Manufacturing Global Market Report 2023, provides comprehensive information on the biopharmaceuticals contract manufacturing 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 Biopharmaceuticals Contract Manufacturing Market’s Growth:
As per The Business Research Company’s Biopharmaceuticals Contract Manufacturing Global Market Report 2023, the market size is expected to grow from $16.54 billion in 2022 to $18.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. 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 global biopharmaceuticals contract manufacturing market size is expected to reach $26.88 billion in 2027 at a CAGR of 10%.
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Product innovations are a key trend gaining popularity in the biopharmaceuticals contract manufacturing market. Major companies operating in the biopharmaceutical contract manufacturing market are developing innovative products to sustain their position in the market. For instance, in February 2023, Thermo Fisher Scientific, a US-based biotechnology research company, and Elektrofi, a US-based biotechnology company specializing in drug formulation and delivery innovations, entered into a strategic contract manufacturing agreement to support the commercial production of Elektrofi's ground-breaking ultra-high concentration subcutaneous products. Elektrofi's proprietary microparticle technology enables small-volume injections of biologics such as monoclonal antibodies, therapeutic proteins, and other large-molecule medications important for human health. Elektrofi's platform technology allows patients to self-inject medicines at home rather than in a hospital setting, overcoming the difficulties of administering biologic-based medications.
The biopharmaceuticals contract manufacturing market is segmented:
1) By Product: Biologics, Monoclonal Antibodies (MABs), Recombinant Proteins, Vaccines, Antisense, RNAi, And Molecular Therapy, Biosimilars
2) By Source: Mammalian, Non-mammalian
3) By Service: Process Development, Fill And Finish Operations, Analytical And QC studies, Packaging
4) By Application: Clinical, Commercial
North America was the largest region in the biopharmaceuticals contract manufacturing market in 2022.
The table of contents in TBRC’s biopharmaceuticals contract manufacturing market report includes:
1. Executive Summary
2. Biopharmaceuticals Contract Manufacturing Market Characteristics
3. Biopharmaceuticals Contract Manufacturing Market Trends And Strategies
4. Biopharmaceuticals Contract Manufacturing Market - Macro Economic Scenario
5. Biopharmaceuticals Contract Manufacturing Market Size And Growth
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26. Africa Biopharmaceuticals Contract Manufacturing Market
27. Biopharmaceuticals Contract Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biopharmaceuticals Contract Manufacturing Market
29. Biopharmaceuticals Contract Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
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COVID-19 Impact Analysis on Biopharmaceuticals Contract Manufacturing Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the biopharmaceuticals contract manufacturing market include Boehringer Ingelheim GmbH, Lonza, Inno Biologics Sdn Bhd, Rentschler Biotechnologie GmbH, JRS Pharma, AGC Biologics, ProBioGen, Fujifilm Diosynth Biotechnologies U.S.A., Inc., Toyobo Co., Ltd., Samsung BioLogics, Thermo Fisher Scientific, Inc., Binex Co., Ltd., WuXi Biologics, AbbVie, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Biopharmaceuticals Contract Manufacturing Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/biopharmaceuticals-contract-manufacturing-market/download-sampleMarket DynamicsThe rising trend of outsourcing services among pharmaceuticals companies and elevated demand for biologics are the primary drivers for this market's growth.
The various benefits offered by outsourcing like reduced investments in facilities and drug development costs, increased efficiency of manufacturing processes, and skilled professionals' availability will benefit market growth.
There is a rise in the procurement of outsourced services, especially in the highly complicated biologics development sector.
Maximize Market Research's latest report, " Biopharmaceuticals Contract Manufacturing Market Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market.
It provides market segments by type and shape, as well as end-user industries and regions.Global Biopharmaceuticals Contract Manufacturing Market size was valued at US$ 13.87 Bn in 2019 and the total revenue is expected to grow at 9.19% through 2020 to 2026, reaching nearly US$ 25.67 Bn.
This helps large biopharmaceutical firms to outsource some facets of their operations, which may help with scalability or increase revenues for drug discovery and drug development.
Antibodies, non-antibody scaffolds, recombinant proteins, fragments, and DNA are all manufactured by separate biopharmaceutical firms from various sources.
Get a Sample PDF of the Report at : Request Free Sample Report Biopharmaceuticals Contract Manufacturing Market Major Market Players• Boehringer Ingelheim GmbH• Lonza• Inno Biologics Sdn Bhd• Rentschler Biotechnologies GmbH• JRS Pharma• AGC Biologics• ProBioGen• Fujifilm Diosynth Biotechnologies U.S.A., Inc.• Toyobo Co., Ltd.• Samsung BioLogics• Thermo Fisher Scientific, Inc.• Binex Co., Ltd.• WuXi Biologics• AbbVie, Inc.• Other Key PlayersThe Market Impact of COVID-19The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.All around the globe.
This outbreak has severely affected the food and beverage industries.This includes office closures, cancellations of technology events, and supply chain disruptions.
Biopharmaceuticals manufacturing consumables testing market Consumable products are those products which assist the manufacturing process or come in direct contact with the product but however do not become a part of the final product.
In biopharmaceuticals, they include product filters, product contact tubing and process gases, polyethylene bags, gloves, garments, lubricants, wipes/mops.
Various government norms and regulations as well as internal standards have been imposed to ensure proper testing of these manufacturing consumables to ensure quality of final product.Biopharmaceuticals manufacturing consumables testing market is expected to rise to an estimated value of USD 815.53 million by 2026 registering a healthy CAGR of 12.40% in the forecast period of 2019-2026.
This rise in the market can be attributed to the rising need for in-depth testing of raw materials before launch of product, rising regulations pertaining to biopharmaceuticals manufacturing and technological advancements.This Biopharmaceuticals Manufacturing Consumables Testing Marketresearch report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.
The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.
This Biopharmaceuticals Manufacturing Consumables Testing Marketreport provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.
