Title: Biologics Contract Manufacturing Demand Market To Grow At A Staggering Rate Of 17% Between 2020-2030
1Biologics Contract Manufacturing Demand Market
Report Id PMRREP31928 Category Life Science
Healthcare
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3Biologics Contract Manufacturing Demand Market To
Grow At A Staggering Rate Of 17 Between 2020-2030
- Pharmaceuticals and biotechnology companies are
outsourcing specific services from the early
stages of drug development to biological contract
manufacturing organizations to reduce drug
manufacturing costs. Outsourcing increases drug
manufacturing efficiency and facilitates flexible
operational capabilities, which is expected to
immensely boost biologics contract manufacturing
demand. Rising prevalence of chronic and
lifestyle diseases is also anticipated to propel
biologics contract manufacturing demand. Besides,
continuous focus by manufacturers toward adopting
technologically-advanced systems to manufacture
novel biologics is also expected to accelerate
the demand for baiologics contract manufacturing
over the forecast period. - Global biologics contract manufacturing demand is
expected to reach at 8 Mn liters (MnL) in 2030,
exhibiting an impressive CAGR of over 17 during
the forecast period (2020 2030).
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4What Does the Report Cover?
Persistence Market Research offers a unique
perspective and actionable insights on biologics
contract manufacturing demand in its latest
study, presenting historical demand assessment
of 2015 2019 and projections for 2020 2030,
on the basis of platform (mammalian and
microbial), application (commercial and clinical)
product (monoclonal antibodies, recombinant
proteins, vaccines, insulin, interferons, growth
factors, and others), and therapeutic area
(oncology, autoimmune disease, metabolic disease,
ophthalmology, cardiovascular disease, infectious
disease, neurology, respiratory disorders, and
others), across seven key regions.
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