Healthcare CMO Market Share, Trends, and Analysis by 2031
Healthcare CMO Market: Strategic Insights
Healthcare CMO Market
-
CAGR (2023 - 2031)13.7% -
Market Size 2023
US$ 138.24 Billion -
Market Size 2031
US$ 385.26 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Inclination of Pharmaceutical and Medical Device Manufacturers Towards Outsourcing
- Rising Geriatric Population Coupled With The Increasing Production of Drugs & Medical Devices
FUTURE TRENDS
- Lack of Skilled Professionals for CMO
OPPORTUNITIES
- Rising Demand in Developing Regions
Key Players
- Royal DSM
- Catalent Inc
- Boehringer Ingelheim International GmbH
- Recipharm AB publ
- Fareva
- Lonza
- Piramal Enterprises Ltd
- Dr Reddy
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Service
- Pharmaceutical Contract Manufacturing Services
- Medical Device Contract Manufacturing Services