InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Small Molecule Innovator CDMO Market Size, Share & Trends Analysis Report By Product (Small Molecule API, Small Molecule Drug Product), By Stage Type (Preclinical, Phase I, Phase II, Phase III, And Commercial), By Customer Type (Pharmaceutical And Biotechnology), By Therapeutic Area (Cardiovascular Disease, Oncology, Respiratory Disorders, Neurology, Metabolic Disorders, Infectious Disease), Region, Market Outlook And Industry Analysis 2031”
The global Small Molecule Innovator CDMO Market is estimated to reach over USD 76.50 billion by 2031, exhibiting a CAGR of 6.1% during the forecast period.
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A Contract Development and Manufacturing Organization (CDMO) is a company that provides contract drug development and manufacturing services. CDMOs provide specialized expertise, infrastructure, and resources to support various stages of drug development, from early preclinical investigations to commercial-scale manufacture, on behalf of pharmaceutical firms or inventors. While the market for small-molecule medications continues to grow, the market for biopharmaceuticals and biologics is also increasing. Some CDMOs have begun to broaden their offerings to accommodate both small molecule and biologics development, influencing the competitive environment. The development of the small molecule innovator CDMO sector is being pushed by an increase in cancer occurrences and a rise in the need for improved oncology diagnosis, and R&D. Cancer is the top cause of mortality worldwide, according to the WHO, with an anticipated 10 million deaths in 2020. During the projection period, the increasing cancer burden is likely to increase the need for novel cancer drugs and promote market demand.
List of Prominent Players in the Small Molecule Innovator CDMO Market:
- Piramal Pharma Solutions
- CordenPharma International
- Wuxi AppTec
- Cambrex Corporation
- Recipharm AB
- Pantheon (Thermo Fisher Scientific)
- Catalent Inc.
- Siegfried Holding AG
- Boehringer Ingelheim
- Labcorp Drug Development
Several reasons drive the Small Molecule Innovator Contract Development and Manufacturing Organisation (CDMO) industry. These factors contributed to the increase and demand for CDMO services in support of small molecule medication research and production. The global market is being driven by expanding demand for small-molecule medicines that successfully treat a wide range of diseases and disorders. The market is also being driven by the trend of outsourcing medication development and manufacturing as companies strive to save costs and get access to specialized knowledge. Furthermore, the industry is being driven by the need for novel and efficient medication research and manufacturing procedures.
The pharmaceutical sector must meet high regulatory and quality criteria. CDMOs must satisfy and maintain compliance with numerous health authorities and regulatory agencies on a continuous basis. Noncompliance might cause drug development schedules to be pushed back or jeopardize the entire project. CDMOs may experience capacity limits, particularly during periods of strong demand or when managing many projects concurrently. Due to limited manufacturing capacity, clients may face lengthier lead times and may need help to satisfy market demands.
The North America Small Molecule Innovator CDMO Market is expected to register a significant market share and is projected to grow at a high CAGR in the near future. North America is a major market for small molecule innovative CDMOs, accounting for a sizable share of the global market. The region is home to numerous significant pharmaceutical businesses, as well as a well-developed healthcare system, which promotes demand for small-molecule medications. Furthermore, the practice of outsourcing medication development and manufacture is propelling the regional market. Furthermore, technological developments, reduced service costs, and the availability of trained labor are projected to fuel Asia Pacific regional market growth.
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- In June 2022, Lonza opened a new clinical phase development and production facility in Bend, Oregon, at its small molecules site. Its mission is to produce bioavailability-enhancing spray-dried dispersion (SDD) final dosage forms and drug product intermediates.
Segmentation of Small Molecule Innovator CDMO Market-
- Small Molecule API
- Small Molecule Drug Product
- Oral solid dose
- Semi-Solid Dose
- Liquid Dose
By Stage Type-
- Phase I
- Phase II
- Phase III
- Phase I
By Customer Type-
By Therapeutic Area-
- Cardiovascular disease
- Respiratory disorders
- Metabolic disorders
- Infectious disease
- The US
- The UK
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
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