Rising cost related concerns of biopharmaceutical companies will help the contract manufacturing market to grow at a CAGR of 11% during 2011-2013, says RNCOS.
Noida, UP -- (SBWIRE) -- 02/18/2011 -- According to our latest research offering “Global Contract Manufacturing Market Analysis”, biopharmaceutical segment is the recent focus of the pharma contract manufacturing industry. This segment, despite the impact of the recent economic downturn, has been growing at a stupendous rate. However, the segment has been concerned regarding the high production costs of products, like vaccines, monoclonal antibodies, and other biological treatment products. Hence, the biopharmaceutical companies are resorting to outsource of their manufacturing work. The report further revealed an even positive future growth outlook for the industry, which is poised to grow at a CAGR of 11% by 2013.
The report comprises a detail study regarding the prevailing market scenario in the prominent developed and developing contract manufacturing countries around the world. It also provides a list of key players and the direction being followed by the industry in the respective countries. Additionally, the report covers the export condition of active pharmaceutical products (API) and the finished drugs in the prominent countries.
Our report “Global Contract Manufacturing Market Analysis” also comprises key market trends and competitive landscape. The competitive landscape segment provides information regarding the business overview, recent developments, strengths and weaknesses of top global contract manufacturing companies. The key market trends enumerated in the report provide balanced outlook of the industry and identify factors, which would lead the growth of the industry in near future. Additionally, the report has a descriptive account of the current issues at hand, which are having an impact on the industry. This would allow the clients to identify the most prevailing loopholes in the industry and also pragmatic solutions for overcoming them.
Analysis of the ongoing developments, market expectations, and driving factors facilitates clear market intelligence. Apart from the current market scenario, the forecasting in the report provides a clear picture of the industry’s future. The report would help clients in enhancing their understanding regarding the industry and thereby, formulating strategies to help their business grow.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.