The European healthcare CDMO market is estimated to grow significantly during the forecast period. The evolvement of the drug outsourcing business, in order to reduce the time and cost of many processes previously accomplished in-house and is continuously fuelling the growth of the healthcare CDMO market in Europe. Moreover, the prevalence of chronic diseases is supporting the demand for generic drugs. Owing to this, the major pharmaceutical companies are expressively outsourcing the generic drug development process to contract manufacturers. This, in turn, is aiding the pharmaceutical companies to focus on the R&D of new drugs for chronic diseases and further propels the market growth.
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The European market for healthcare CDMO is segregated on the basis of services and region. Based on services, the market is further classified into contract development and contract manufacturing. The contract manufacturing services segment is projected to have a significant share in the European healthcare CDMO market owing to the significant adoption of outsourcing services by pharmaceutical companies across the globe. The contract development services are further classified into clinical, preclinical, and laboratory services. The clinical segment is projected to have significant growth in the market owing to increasing clinical research.
Moreover, the contract manufacturing services segment is further classified into API, finished dosage formulations, and medical devices. The API contract manufacturing services segment is significantly contributing to the growth of the market during the forecast period. Based on geography, the European healthcare CDMO market is further segregated into the UK, Germany, France, Italy, Spain, and the Rest of Europe. UK is projected to have a considerable share in the European healthcare CDMO market owing to significant investment in drug discovery and development in the country.
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The market study of the European healthcare CDMO market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
European Healthcare CDMO Market – Segmentation
by Services
Contract Development
Clinical
Preclinical
Laboratory Services
Contract Manufacturing
Active Pharmaceutical Ingredients( API)
Finish Dosage Formulations
Medical Devices
European Healthcare CDMO Market – Segmentation by Region
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Company Profiles
AbbVie Inc.
Almac Group Ltd.
B. Braun Melsungen AG
Boehringer Ingelheim International GmbH
Jubilant Life Sciences Ltd.
Lonza Group Ltd.
Pfizer Inc.
Probiogen AG
Recipharm AB
Siegfried Holding AG
Thermo Fisher Scientific Inc.
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