Pharmaceutical Contract Manufacturing Market Research Report covers the present scenario and the growth prospects of the Pharmaceutical Contract Manufacturing Industry for 2016-2020. Pharmaceutical Contract Manufacturing Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Pharmaceutical Contract Manufacturing globally.
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The Pharmaceutical Contract Manufacturing Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Pharmaceutical Contract Manufacturing Market:
Other Prominent Vendors of Pharmaceutical Contract Manufacturing Market Are:
“One of latest trends in the market is consolidation through vertical integration, alliances, and acquisitions. The major pharmaceutical companies have decreased their operations and R&D budgets, which has led to an increase in demand for outsourced services. Moreover, companies have consolidated their infrastructure in response to a sharp global economic downturn, poor revenue growth prospects, and expensive and inefficient operations. Strategic partnerships between pharmaceutical companies and CMOs have led to the reduction of government spending on manufacturing. The past few years have brought major changes to the pharmaceutical outsourcing services. As more in-house positions have been removed, pharmaceutical vendors are looking for strategic partnerships and ‘one-stop’ solutions.”
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According to the Pharmaceutical Contract Manufacturing Market report, one of the primary drivers in the market is high number of US FDA-approved manufacturing facilities in emerging countries. While selecting a partner for outsourcing, pharma companies look for the US FDA-approved plants along with skilled workforce and low operating costs. India, with more than 100 US FDA approved manufacturing facilities, is one of the most preferred locations for outsourcing manufacturing services. According to the research studies published in 2015, Indian suppliers accounted for around 25%-30% of the total drug master files (DMFs) filed with the US FDA. In addition, the implementation of the WTO TRIPS-mandated product patents (January 2005) has led to a rise in outsourcing in the developed markets.
Report also presents Geographical Segmentation analysis of Pharmaceutical Contract Manufacturing Market of Americas, APAC, EMEA region.
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Further, the Pharmaceutical Contract Manufacturing Market report states that one major challenge in the market is lack of information integration. One of the greatest challenges faced by most vendors in the pharmaceutical contract manufacturing market is the lack of transparency and information integration in the whole supply chain process. Few medicines, especially vaccines and specialty injections, need fast delivery to ensure their utility. If companies are equipped with a centralized system, they will be able to observe changes in inventory and can order shipments as per requirements. Distribution vehicles or shipments can be redirected to obtain drugs in the required areas. With the right integration of available data from all the stages within the supply chain, companies can keep track of orders and delivery rates. This can effectively cure the delays and disruptions in the pharmaceutical supply chain, making the entire value chain effectively responsive to the unmet medical needs.
Key questions answered in Pharmaceutical Contract Manufacturing market report:
No of Pages: 81
Price of Report: $ 2500 (Single User License)
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