Insights on the Global Pharmaceutical Contract Research And Manufacturing Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

·4-min read

The pharmaceutical contract research and manufacturing market is expected to grow by $ 69.09 bn, progressing at a CAGR of over 9% during the forecast period.

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Technavio has announced its latest market research report titled Global Pharmaceutical Contract Research and Manufacturing (CRAM) Market 2020-2024 (Graphic: Business Wire)

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The advent of big data is one of the major factors propelling market growth.

More details: https://www.technavio.com/report/pharmaceutical-contract-research-and-manufacturing-market-industry-analysis

Pharmaceutical Contract Research And Manufacturing Market: Service Landscape

Based on the service, the CMO segment is expected to witness lucrative growth during the forecast period.

Pharmaceutical Contract Research And Manufacturing Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 36% of the market’s overall growth is expected to originate from North America. The US is the key market for pharmaceutical contract research and manufacturing in North America.

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Companies Covered:

  • Boehringer Ingelheim International GmbH

  • Cadila Healthcare Ltd.

  • Catalent Inc.

  • Dr. Reddy's Laboratories Ltd.

  • ICON Plc

  • IQVIA Holding Inc.

  • Laboratory Corporation of America Holdings

  • Lonza Group Ltd.

  • PRA Health Sciences Inc.

  • and Thermo Fisher Scientific Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, until 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • ROW - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers

  • Volume driver - Demand led growth

  • Volume driver - Supply led growth

  • Volume driver - External factors

  • Volume driver - Demand shift in adjacent markets

  • Price driver - Inflation

  • Price driver - Shift from lower to higher-priced units

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

  • Vendor Analysis

Vendors covered

  • Market positioning of vendors

  • Boehringer Ingelheim International GmbH

  • Cadila Healthcare Ltd.

  • Catalent Inc.

  • Dr. Reddy's Laboratories Ltd.

  • ICON Plc

  • IQVIA Holding Inc.

  • Laboratory Corporation of America Holdings

  • Lonza Group Ltd.

  • PRA Health Sciences Inc.

  • Thermo Fisher Scientific Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201126005588/en/

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