Contract Development And Manufacturing Organization (CDMO) Outsourcing Market Highlights the Impact of COVID-19 (2020-2024) | Growing Pharmaceutical Industry to boost the Market Growth | Technavio
Technavio has been monitoring the contract development and manufacturing organization (CDMO) outsourcing market and it is poised to grow by USD 44.17 billion during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
At what rate is the market projected to grow?
Growing at a CAGR of over 9%, the incremental growth of the market is anticipated to be USD 44.17 billion.
Who are the top players in the market?
Aenova Holding GmbH, Almac Group Ltd., Catalent Inc., FAMAR Health Care Services, FAREVA SA, Lonza Group Ltd., Recipharm AB, Siegfried Holding AG, The Lubrizol Corp., and Thermo Fisher Scientific Inc. are some of the major market participants.
What are the key market drivers and challenges?
Growing pharmaceutical industry and increasing demand for one-stop-shop CDMOs are the major factors driving the market. However, the threat of infringement of intellectual property (IP) rights restrains the market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aenova Holding GmbH, Almac Group Ltd., Catalent Inc., FAMAR Health Care Services, FAREVA SA, Lonza Group Ltd., Recipharm AB, Siegfried Holding AG, The Lubrizol Corp., and Thermo Fisher Scientific Inc. are some of the major market participants. The growing pharmaceutical industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market 2020-2024: Segmentation
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market is segmented as below:
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Size
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Trends
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Analysis
This study identifies increasing demand for one-stop-shop CDMOs as one of the prime reasons driving the contract development and manufacturing organization (CDMO) outsourcing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Contract Development and Manufacturing Organization (CDMO) Outsourcing Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist contract development and manufacturing organization (CDMO) outsourcing market growth during the next five years
Estimation of the contract development and manufacturing organization (CDMO) outsourcing market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the contract development and manufacturing organization (CDMO) outsourcing market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of contract development and manufacturing organization (CDMO) outsourcing market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Small molecules - Market size and forecast 2019-2024
Biologics - Market size and forecast 2019-2024
Market opportunity by Product
Customer Landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume Driver ? led growth
Market Challenges
Market Trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Aenova Holding GmbH
Almac Group Ltd.
Catalent Inc.
FAMAR Health Care Services
FAREVA SA
Lonza Group Ltd.
Recipharm AB
Siegfried Holding AG
The Lubrizol Corp.
Thermo Fisher Scientific Inc.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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