An Appreciable CAGR Of 11% Expected To Be Witnessed By CMO/CDMO Biotechnology Market From 2021-2031. - PowerPoint PPT Presentation

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An Appreciable CAGR Of 11% Expected To Be Witnessed By CMO/CDMO Biotechnology Market From 2021-2031.

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The global CMO/CDMO biotechnology market was valued at over US$ 8.3 Bn in 2020, and is expected to exhibit a CAGR of around 11% over the forecast period (2021 – 2031). – PowerPoint PPT presentation

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Title: An Appreciable CAGR Of 11% Expected To Be Witnessed By CMO/CDMO Biotechnology Market From 2021-2031.


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An Appreciable CAGR Of 11 Expected To Be
Witnessed By CMO/CDMO Biotechnology Market From
2021-2031
Report Id PMRREP32516 Category Life Science
Healthcare
2
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North 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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Market Segmentation
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