Healthcare CMO Market - Developed Nations Would Trigger the Growth of This Market in Asia-Pacific
Most pharmaceutical and medical devices companies are gradually outsourcing manufacturing activities to contract manufacturers in order to achieve efficiencies in cost, quality, capacity and time to market or to obtain specific expertise in particular business category, which is not available in-house. Moreover, increasing cost pressures, cost benefits and inclination of pharmaceutical companies to focus on core competencies such as R&D and marketing has created a need for outsourcing. Consequently, pharmaceutical and medical device companies are inclined toward outsourcing to concentrate...
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