2012-11-20 20:10:35 - Global Markets for Contract Pharmaceutical Manufacturing, Research and Packaging: Focus on Europe - a new market research report on companiesandmarkets.com
- The global pharmaceutical contract manufacturing and contract research organizations revenue reached at $196.5 billion in 2010, it will further grow to $217.9 billion in 2011 and is projected to reach at $360.6 billion by 2016, increasing at a compound annual growth rate (CAGR) of 10.6%.- The European contract manufacturing market for OTC and nutritional products was valued at about $46.0 billion in 2010 and is projected to reach approximately $51.3 in 2011 and it will further grow to $86.5 billion by 2016, at a compound annual growth rate (CAGR) of 11%.- The contract research market revenue for Europe in 2009 was $5.8 billion, which reached $6.3 billion in 2010. This market is
expected to reach at $6.9 billion in 2011 and it will further grow to $10.5 billion by 2016, at a compound annual growth rate (CAGR) of 8.7%.The majority of pharmaceutical companies are now using contract manufacturing, research, and packaging services. To save costs and product development time while simultaneously being effective, efficient, and productive, pharmaceutical companies are relying on contract manufacturers to fulfill many basic as well as specialized competencies. This study discusses the different types of contracting companies, their roles, and the share of the market they claim. New developments and new technologies warrant the issuing of this report, which is an important resource for anyone analyzing the discussed markets.Trends in outsourcing and new emerging markets for outsourcing are providing a new look to the market and greater options to pharmaceutical companies. The industry is seeing an increase in outsourcing as contract manufacturers, researchers, and packagers provide cheaper options as well as region-specific suppliers. The new state-of-the-art packaging facilities as well as expensive research facilities and capabilities of research organizations are enhancing the overall growth of the contract manufacturing industry. Contract manufacturers are providing pharmaceutical companies with expertise in all forms that the companies do not have available in-house.INTENDED AUDIENCEThis study examines the areas of market growth in pharmaceuticals contract manufacturing, research, and packaging from the point of view of manufacturers and users. Strategic decision makers at biochemical and biotechnology companies, physicians, pharmaceuticals and biopharmaceuticals companies, and related research companies will find value in this study.SCOPE OF THE STUDYThe scope of this study encompasses the contract manufacturing, research, and packaging markets. We analyze each market and its applications for contract manufacturing by its need for outsourcing, regulatory environment, technology involved, market projections, and market share. Technological issues include the latest trends and developments.Chapters from this report can be purchased separately. Please contact us to find out more about this offer.
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