MarketResearchReports.com has announced the addition of “Contract Biomanufacturing Services Global Market - Forecast to 2027” research report to their offering. See more at - http://mrr.cm/wgn
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Introduction to Report
Launch Date: December 19, 2018
Number of Pages: 204
Geography Coverage: Global
Available Format: PDF
Price For Single User License: USD 4,950
Price For Site User License: USD 6,750
Price For Global User License: USD 9,000
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About the Report
The contract biomanufacturing global market is
expected to grow at double digit CAGR to reach
$48.8 billion by 2027.
Biomanufacturing is a widely used term to describe
the manufacture of biologic molecules for various
stages of drug development right from pre-clinical
stage to commercial supply. The biologic drug
manufacturing is a complex process involving
huge capital and sound technical expertise.
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Key Highlights:
Contract manufacturing organizations, particularly for
R&D and clinical trials, are making product manufacture,
more efficient and often less costly.
In addition to that, the use of single-use bioreactors is
effectively reducing the manufacture facility cost.
This option is more viable for smaller and low-funded
companies for their in-house candidate product
manufacturing needs, whereby, the companies can avoid
$50-$150 million facility costs for construction of fixed,
dedicated stainless steel bioreactor-based
bioprocessing systems and outsource their
manufacturing requirements to CMOs which use single-
use facilities which typically cost $25-$40 million for
commercial manufacture.
There is a continued growth of the biopharmaceutical
market which is expected to nearly double in the next 10
years.
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Key Highlights: Continues..
This will be a result of continued new product
approvals, expansion of indications for current products
which include less-developed countries becoming more
affluent and increased drug demand of the aging
population in the U.S. and other major pharmaceutical
markets.
Many blockbuster drugs losing their exclusivity are also
giving room for many biosimilar (and bio-betters)
companies to enter into the world’s biopharmaceuticals
market subsequently attracting many CROs, CDMOs,
and CMOs to enter into the picture.
Hence, there is every reason to assume that future
growth in biopharmaceutical outsourcing will continue at
a minimum of 14% in western countries to about 18% in
Asian countries.
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Key Highlights: Continues..
The global bio-manufacturing outsourcing market is
driven by factors such as globalization of bio-
manufacturing facilities, increased funding from private
venture capitals and government organizations,
increasing outsourcing budgets and the emergence of
latest technologies such as single-use bioreactors.
An example of such investment includes WuXi
Biologics, a contract development and manufacturing
organization invested $240 million in a 25-acre site which
is located in Shijiazhuang for the development of labs,
as well as clinical manufacturing capabilities with a
5,000L bioreactor and 48,000L bioreactor for commercial
manufacturing.
There are restraints and threats as well which could
potentially hamper the biomanufacturing outsourcing
market.
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Report Coverage:
1. Contract Biomanufacturing Global Market
2. Executive Summary
3. Market Analysis
4. Contract Biomanufacturing Services
5. Company Profiles
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage: (Partial List)
1. Abzena Plc
2. Albany Molecular Research, Inc
3. Asahi Glass Co. Ltd.
4. Boehringer Ingelheim
5. Catalent Inc.
6. Charles River Laboratories
7. Fujifilm Diosynth Biotechnologies
8. Horizon Discovery Group, Plc
9. Jhl Biotech Inc.
10. Lonza Group
11. Merck Kgaa
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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