Nov 3, 2020   SOURCE: BusinessWire

Global Contract Development and Manufacturing Organization (CDMO) Outsourcing Market 2020-2024 | Technavio

The contract development and manufacturing organization (CDMO) outsourcing market is expected to grow by USD 44.17 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the contract development and manufacturing organization (CDMO) outsourcing market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201103005252/en/

Technavio has announced its latest market research report titled Global Contract Development and Manufacturing Organization Outsourcing Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Contract Development and Manufacturing Organization Outsourcing Market 2020-2024 (Graphic: Business Wire)

Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19

The contract development and manufacturing organization (CDMO) outsourcing market will witness Negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

Gain instant access to 17,000+ market research reports by using

Technavio's SUBSCRIPTION platform

Major Three Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Participants:

Aenova Holding GmbH

Aenova Holding GmbH operates its business under various segments such as private label, contract, research, and development, contract manufacturing, contract packaging, analytical services, supply chain management, and service & support. The company offers complete development of dossiers on behalf of customers; formulation concepts and process development; analysis of raw materials, intermediates, finished products, and stability studies; and manufacturing and packaging of clinical trial materials.

Almac Group Ltd.

Almac Group Ltd. operates its business under seven segments, which include diagnostic services, api services & chemical development, pharmaceutical development, analytical & solid state services, clinical services, clinical technologies, and commercial services. The company offers full biopharmaceutical product lifecycle, from drug development to commercialization.

Catalent Inc.

Catalent Inc. operates its business under softgel technologies, biologics and specialty drug delivery, oral drug delivery, and clinical supply services. The company develops and manufactures biopharmaceuticals.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/contract-development-and-manufacturing-organization-outsourcing-market-industry-analysis

Contract Development and Manufacturing Organization (CDMO) Outsourcing Market 2020-2024: Segmentation

Contract development and manufacturing organization (CDMO) outsourcing market is segmented as below:

  • Product
    • Small Molecules
    • Biologics
  • Geographic
    • North America
    • Europe
    • APAC
    • South America
    • MEA

The contract development and manufacturing organization (CDMO) outsourcing market is driven by growing pharmaceutical industry. In addition, other factors such as increasing demand for one-stop-shop CDMOs is expected to trigger the contract development and manufacturing organization (CDMO) outsourcing market toward witnessing a CAGR of over 9% during the forecast period.

Get more insights about the global trends impacting the future of contract development and manufacturing organization (CDMO) outsourcing market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43489

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.