Asia-Pacific Healthcare Contract Development and Manufacturing Organization (CDMO) Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
The Asia-Pacific healthcare CDMO market is estimated to grow significantly during the forecast period. The market is mainly driven due to the growing demand for generics drugs in the region. Cost benefits owing to low labor costs and capital expenditures are the key reasons for outsourcing to the Asia-Pacific region. India has been established as a prominent player, specifically in the manufacturing of solid dosage forms for the large-scale production of generics for the global markets. Further, generic companies in India such as Cipla Ltd., Dr. Reddy's Laboratories Ltd., Sun Pharmaceutical Industries Ltd., and Cadila Healthcare Ltd. have developed into major global generics players and further contribute to the healthcare CDMO market growth.
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The Asia-Pacific market for healthcare CDMO is segregated on the basis
of services and region. Based on services, the market is further classified
into contract development and contract manufacturing. The contract
manufacturing services segment is projected to have a significant share in the
Asia-Pacific healthcare CDMO market owing to the significant adoption of
outsourcing services by pharmaceutical companies across the globe. The contract
development services are further classified into clinical, preclinical, and
laboratory services. The clinical segment is projected to have significant
growth in the market owing to increasing clinical research.
A full
Report of Asia-Pacific Healthcare Contract Development and Manufacturing
Organization (CDMO) Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-healthcare-cdmo-market
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Contract
Development
·
Clinical
·
Preclinical
·
Laboratory
Services
·
Contract
Manufacturing
·
Active
Pharmaceutical Ingredients (API)
·
Finish
Dosage Formulations
·
Medical
Devices
Regional
Analysis
·
China
·
India
·
Japan
·
Rest of
Asia-Pacific
Company
Profiles
·
AbbVie
Inc.
·
Almac
Group Ltd.
·
Baxter International,
Inc.
·
B.
Braun Melsungen AG
·
Boehringer
Ingelheim International GmbH
·
Catalent
Inc.
·
Covance
Inc.
·
Lonza
Group Ltd.
·
Pfizer
Inc.
·
Thermo
Fisher Scientific Inc.
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