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(Medical-NewsWire.com, February 23, 2018 ) Contract manufacturing involves outsourcing manufacturing products to organizations, which helps the organizations offer the same services at a relatively lower cost. Typically, in the pharmaceutical and biotechnology sectors, the sourcing companies seek contract manufacturing services to restructure their resource deployment toward high skill areas such as R&D and marketing. Contract manufacturing has potential growth opportunities in emerging countries such as India and China. Publisher's analysts forecast the global pharmaceutical contract manufacturing market to grow at a CAGR of 6.91% during the period 2016-2020.
The market is divided into the following segments based on geography: -Americas -APAC -EMEA
For More Information About This Report: http://www.reportsweb.com/global-pharmaceutical-contract-manufacturing-market-2016-2020
Key vendors: -Catalent -Lonza -Pfizer CentreOne
Other prominent vendors: -Abbott -Aenova -Amgen -Apotex -Aspen -AstraZeneca -Aurobindo Pharma -Baxter -BERLIN-CHEMIE -Biocon -Biogen -Boehringer Ingelheim -Celltrion -Cipla -Coherus Biosciences -Daiichi Sankyo -Dr. Reddy's Laboratories
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Market Driver: -High number of US FDA-approved manufacturing facilities in emerging countries. -For a full, detailed list, view our report
Market Challenge: -Capacity utilization issues and lack of information integration. -For a full, detailed list, view our report
Market Trend: -Huge demand for next-generation biologics. -For a full, detailed list, view our report
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Rajat Sahni
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sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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