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Pharmaceutical Contract Manufacturing Market Is Expected To Reach $222 Billion By 2028- An Exclusive Market Research Report By Lucintel
Lucintel's latest market report analyzed that pharmaceutical contract manufacturing provides attractive opportunities in the big pharmaceutical, small & medium-sized pharmaceutical, and generic pharmaceutical markets. The pharmaceutical contract manufacturing market is expected to reach $222.0 billion by 2028 with a CAGR of 7.3%. In this market, biologics manufacturing is the largest segment by services, whereas big pharmaceutical is largest by end use industry.
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Based on services, the pharmaceutical contract manufacturing market is segmented into manufacturing [API, FDF (parenteral, injectable, tablet, capsule, and oral liquid)], drug development, and biologics manufacturing. The biologics manufacturing segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing need for producing vaccines and biosimilars.
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The Pharmaceutical Contract Manufacturing Market is marked by the presence of several big and small players. Some of the prominent players offering pharmaceutical contract manufacturing include Thermo Fisher Scientific, Catalent, Lonza, Almac Group, Recipharm, Patheon, Grifols International, Dalton Pharma Services, and AbbVie.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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