Title: An Appreciable CAGR Of 11% Expected To Be Witnessed By CMO/CDMO Biotechnology Market From 2021-2031.
1An Appreciable CAGR Of 11 Expected To Be
Witnessed By CMO/CDMO Biotechnology Market From
2021-2031
Report Id PMRREP32516 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- Key Takeaways from Market Study
- Standalone services hold around 57 value share,
globally, primarily due to growing cell-line
development services by biopharmaceutical and
biotechnology companies. - Leading global CDMOs are focusing on expansion of
their manufacturing capabilities with high
flexibility and rapid operation. With the help of
advanced single-use technologies, companies are
able to cut batch manufacturing and cleaning time
from 7 days to 1 day. - In terms of product, monoclonal antibodies are
leading the market and are expected to
hold 47 market share over the forecast period.
This is owing to significant success rate of
development and approval of both, bio-specific
and antibody fragments. - The mammalian segment widely dominates
at 80 share, owing to the capabilities to add
human-like post-translational modifications to
complex protein therapeutics. - By company size, mid-size contract development
manufacturers accounted for the largest share of
global CDMO/CMO biotechnology manufacturing. This
is mainly because most of small operation CMOs
have capabilities to produce enough antibodies.
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4Market Segmentation
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