The “CMO & CDMO Biotechnology Market: Opportunity Analysis and Future Assessment 2022-2030” research report offers a comprehensive and an in-depth evaluation of the progressive market trends, growth areas, opportunities, drivers, and restraints, which would allow clients and stakeholders to line up their market strategies as stated in present & future market dynamics. The CMO & CDMO Biotechnology Market is estimated to escalate at around 10.8% CAGR during 2022-30. A strategic assessment of the market growth trajectory in the forecast period, whilst taking into account the Covid-19 impact on the industry, is also included in the research study, with certain information established by research experts.
The global CMO & CDMO biotechnology market is expected to reach at a value of US$ 27.5 Bn by 2030 end at a CAGR of 10.8%
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CMO & CDMO Biotechnology Introduction
A Contract Manufacturing Organization (CMO) and a Contract Development and Manufacturing Organization (CDMO) refers to an entity or association of people that serves other companies in the pharmaceutical field on a contract basis to offer an extensive range of services, scaling from drug development through drug manufacturing. This enables the leading pharmaceutical companies to outsource those facets of the business, which can aid with scalability or can sanction the major company to aim their attention on drug discovery and drug marketing as an alternative. The only and major difference between a contract development and manufacturing company (CDMO) and a contract manufacturing company (CMO) is development. CMOs are entities that take a pre-formulated drug and are only responsible for manufacturing the drug, whilst CDMOs are associations that carry out both the development and manufacturing of a drug.
In present times, a growing number of consumers are transitioning towards natural and locally sourced products rather than popular brands. Such factors require state-of-the-art technology apart from other resources. Resultantly, a rapidly growing number of pharmaceutical companies are looking for services of contract manufacturing / contract development and manufacturing organization (CMO/CDMO). Attributing to which, the global CMO and CDMO biotechnology market is projected to rise substantially in the forthcoming years.
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CMO & CDMO Biotechnology Market Segmentation
The global CMO & CDMO biotechnology market is segmented on the basis of CDMO type, application, therapeutic area, product, molecule type, platform/ expression system, end user, and region
By CDMO Type
- Whole Drug Development and Manufacturing
- Active Pharmaceutical Ingredient (API) Manufacturing
- Finished Dosage Formulation (FDF) Development and Manufacturing (Injectable)
By Therapeutic Area
- Oncology
- Infectious Diseases
- Neurology
- CVS
- Metabolic Disorders/Endocrinology
- Other Therapeutic Areas
By Product
- Monoclonal Antibodies
- Antibody Fragments
- Recombinant Proteins
- Vaccines
- Biosimilars
- Therapeutic Proteins
- Others
By Molecule Type
- Viral Vector Manufacturing
- Cell and Gene Therapies (CGT)
- API manufacturing
- Small molecule API manufacturers
- Biologics API Manufacturing
- Injectable manufacturing
By Application
- Preclinical CMO/CDMO
- Clinical CMO/CDMO
- Commercial CMO/CDMO
- Others
By Platform/ Expression System
- Mammalian
- Microbial
- Bacteria
- Yeast
- Insect
- Others
By End User
- Pharmaceutical & Biotechnology Companies
- Medical Device Companies
- Academic Institutes and Research Centers
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
CMO & CDMO Biotechnology Market Key Players
Some of the key participating players in global CMO & CDMO Biotechnology market are:
- Boehringer Ingelheim Group
- Wuxi Biologics
- Samsung Biologics
- Lonza Group
- Fujifilm Diosynth Biotechnologies USA Inc.
- Toyobo Co. Limited
- Parexel International Corporation
- Icon PLC
- Binex Co. Limited
- JRS Pharma
- Rentschler Biotechnologies
- AGC Biologics
- Sandoz Biopharmaceuticals (Novartis AG)
- Catalent Inc.
- AbbVie Contract Manufacturing
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