Southeast Asia Pharmaceutical Contract Manufacturing Market Forecast to Reach $4
Meticulous Researchu00ae, a leading global market research company, published a research report titled, 'South East Asia Pharmaceutical Contract Development and Manufacturing Market by Service {Manufacturing [API, FDF (Parenteral, Tablet, Capsule, O
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South East Asia Pharmaceutical Contract Development and Manufacturing Market Set to Reach $4.2 Billion by 2030
South East Asia Pharmaceutical Contract Development and Manufacturing Market - 2024-2030 Meticulous Research , a leading global market research company, published a research report titled, 'South East Asia Pharmaceutical Contract Development and Manufacturing Market by Service {Manufacturing [API, FDF (Parenteral, Tablet, Capsule, Oral Liquid)], Drug Development, Biologics Manufacturing, Packaging}, End User [Large Pharma] - Forecast to 2030. Download Free Sample Report@ https://www.meticulousresearch.com/download-sample- report/cp_id=5675?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_co ntent=14-10-2024 According to the latest publication from Meticulous Research , the South East Asia pharmaceutical contract development and manufacturing market is projected to reach $4.2 billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030. The market s growth is driven by the complex manufacturing needs of the pharmaceutical industry, increased investment in pharmaceutical R&D, growing demand for generic medicines and biologics, patent expirations, and rising government funding for drug development and research. Additionally, the expanding demand for cell and gene therapies, personalized medicines, and growth in high potency active pharmaceutical ingredients (HPAPI) and antibody-drug conjugates (ADC) markets are anticipated to provide significant opportunities for market expansion. However, the lack of skilled professionals poses a challenge to this growth. Key Players The leading players in the South East Asia pharmaceutical contract development and manufacturing market include Aenova Group (Germany), Wuxi Biologics, Inc. (China), Vetter Pharma International GmbH (Germany), Catalent, Inc. (U.S.), Lonza Group Ltd. (Switzerland), Almac Group (U.K.), Eurofins Scientific (France), Thermo Fisher Scientific, Inc. (U.S.), Jubilant Life Science Limited (India), Aurobindo Pharma Ltd. (India), APD Pharmaceutical (Singapore), and Esco Aster Pte. Ltd. (Singapore). Market Outlook The South East Asia pharmaceutical contract development and manufacturing market is segmented by type (Pharmaceutical Manufacturing Services, Drug Development Services, and Biologics Manufacturing Services), end user (large pharmaceutical companies, small & mid-sized pharmaceutical companies, and generic pharmaceutical companies), and geography. The report also provides a competitive analysis at the country level. In 2024, the pharmaceutical manufacturing services segment is expected to account for the largest share of the market. This segment s dominance is attributed to the need for cost-effective manufacturing processes, the ability to bring new drugs to market quickly, the demand for high- quality bulk production, and the increasing need for generic drugs. The generic pharmaceutical companies segment is expected to grow at the highest CAGR during the forecast period. This growth is driven by increasing competition in the generic drug market, leading Page 1 of 2 Meticulous Research| sales@meticulousresearch.com
South East Asia Pharmaceutical Contract Development and Manufacturing Market - 2024-2030 to pricing pressures and a greater focus on leveraging advanced technologies provided by contract development and manufacturing organizations (CDMOs). Geographic Insights This research report thoroughly analyzes key countries in South East Asia, including Indonesia, Vietnam, Thailand, Singapore, the Philippines, Malaysia, and others. Among these, Singapore is projected to experience the highest growth rate during the forecast period. According to the Singapore Economic Development Board (EDB), Singapore is a key hub for pharmaceutical companies, supporting the development and production of pharmaceutical products. The growing number of pharmaceutical companies in the country is propelling market growth. Furthermore, Singapore's Ministry of Health predicts that the country's National Health Expenditure will reach $43 billion by 2030, signaling a strong emphasis on healthcare infrastructure and positioning Singapore as a strategic location for research and drug pipeline expansion. Buy Now@ https://www.meticulousresearch.com/Checkout/81943636?utm_source=pdf&utm_medium=soc ial&utm_campaign=product&utm_content=14-10-2024 About Meticulous Research : Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com