(PharmaNewsWire.Com, April 19, 2019 ) Contract manufacturing organization (CMO) also known as contract development and manufacturing organization is a company that serves several other companies in the medical devices as well as pharmaceutical and biopharmaceutical sector with comprehensive services from development, manufacturing to packaging. These services are outsourced by various OEM players in the business in order to help with the scalability, and save marginally on production costs.
MARKET DYNAMICS The healthcare CMO market is anticipated to grow in the forecast period owing to driving factors such as increasing adoption of outsourcing among pharmaceutical and medical device manufacturers as well as increasing demand for drugs and medical devices that demands increase its production at mass scales. The market is likely to showcase opportunities for the untapped markets and growing awareness regarding research and manufacturing outsourcing.
MARKET SCOPE The "Global Healthcare CMO Market Analysis to 2027" is a specialized and in-depth study of the biotechnology with a special focus on the global market trend analysis. The report aims to provide an overview of healthcare CMO market with detailed market segmentation by service and geography. The global healthcare CMO market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading healthcare CMO market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION The global healthcare CMO market is segmented on the basis of service and geography. Based on service, the market is segmented as pharmaceutical contract manufacturing services and medical devices contract manufacturing services. The pharmaceutical contract manufacturing services is further segmented into active pharmaceutical ingredients (API) manufacturing, final dosage form manufacturing, and packaging. The medical device contract manufacturing services is further segmented into outsourcing design, device manufacturing, and final goods assembly.
REGIONAL FRAMEWORK The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare CMO market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The healthcare CMO market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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