North American Pharmaceutical Contract Manufacturing Market: Analysis Report, Share, Trends and Overview 2021-2027
The North American pharmaceutical
contract manufacturing market is anticipated to grow at a CAGR of over 5%
during the forecast. Extensive investment in R&D has enabled the
advancement of innovative treatment for patients fighting debilitating
diseases. This new era of medicine is highly supported by pharmaceutical
contract manufacturers. Outsourcing the manufacturing services in the
pharmaceutical industry enables drug manufacturers to divert the workforce to
other processing tasks, which as a result makes monetary savings and reduces
the time for R&D activities.
A full report of North American Pharmaceutical
Contract Manufacturing Market is available at: https://www.omrglobal.com/industry-reports/north-american-pharmaceutical-contract-manufacturing-market
The North American pharmaceutical
contract manufacturing industry is characterized by the presence of various
players operating in the market. Players such as AbbVie, Inc., Baxter
International Inc., Cambrex Corp., Catalent Inc., Pfizer CentreOne, and Zoetis,
Inc are focused on offering manufacturing as well as research services to drug
manufacturing companies. Moreover, the players adopt various strategies to remain
competitive in the North American pharmaceutical contract manufacturing market.
For instance:
·
In April 2020, Cambrex Corp. completed the
expansion of its biopharmaceutical analysis capabilities at the Durham, North
Carolina site.
·
In May 2019, Catalent, Inc. acquired Paragon
Bioservices, Inc., a contract research and manufacturing organization, for $1.2
billion and has improved its biologics business.
·
In January 2019, Cambrex Corp. acquired Avista
Pharma Solutions to strengthen its position as a prominent fully integrated
small molecule CDMO. Avista Pharma Solutions was a contract development,
manufacturing, and testing organization. This acquisition has expanded the
company’s geographical presence and strengthen its manufacturing capabilities.
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Market
coverage
·
The market number available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment covered- By Product, By Type, By
Services
·
Regions covered- North America
·
Competitive landscape-AbbVie, Inc., Ajinomoto
Althea, Inc., Baxter International Inc., Cambrex Corp., Catalent Inc., Pfizer
CentreOne, Thermo Fisher Scientific Inc., and Zoetis, Inc.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominate the market in
the base year?
·
Which segment and region will project the
fastest growth in the market?
·
How has COVID-19 impacted the market?
o
Deviation from the pre-COVID-19 forecast
o
Most affected region and segment
·
Who is the leader in the market?
·
How are players addressing challenges to sustain
growth?
·
Where is the investment opportunity?
North
American Pharmaceutical Contract Manufacturing Market Report Segment
By
Product
·
Over-The-Counter (OTC) Drugs
·
Active Pharmaceutical Ingredients (API)
·
Finished Dosage Formulation
·
Others
By
Type
·
Sterile Manufacturing
·
Non-Sterile Manufacturing
By
Services
·
Manufacturing Services
·
Non-Clinical Services Such As Supply Chain
Management
·
Research and Development
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North
American Pharmaceutical Contract Manufacturing Market Report Segment by Region
·
United States
·
Canada
Company Profiles
·
Abbvie Inc.
·
Ajinomoto Althea,
Inc.
·
Allegiant
Healthcare Inc.
·
Altron Inc.
·
Avara
Pharmaceutical Services, Inc.
·
Baxter
International Inc.
·
Catalent, Inc.
·
Chip Star
Technology, Llc
·
Confab Laboratories
Inc.
·
Denison
Pharmaceuticals, Inc.
·
Dravon Medical Inc.
·
East-West
Manufacturing, Llc
·
Genvion Corporation
·
Hisun
Pharmaceuticals Usa Inc
·
HTI Plastics, Inc.
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