Cytotoxic Drugs Contract Manufacturing Market Analysis-2027

SEATTLE - Dec. 23, 2020 - PRLog -- Global Cytotoxic Drugs Contract Manufacturing Market, by Production Scale (Industrial Scale, Pilot Scale, and Laboratory Scale), by Form (Liquid, and Solid), by Product Type (Oral and Intravenous), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).

Governments in emerging economies such as India are focusing on initiatives to increase domestic production. For instance, in August 2017, according to the Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers of government of India proposed 'peak customs duty' and suggested setting up of bulk drug parks to increase domestic production.

Increasing investment by the market players, in order to expand their service and product offerings is expected to boost growth of the cytotoxic drugs contract manufacturing market over the forecast period.

Browse 38 Market Data Tables and 27 Figures spread through 193 Pages and in-depth TOC on 'Cytotoxic Drugs Contract Manufacturing Market'- Global Forecast to 2027, by Production Scale (Industrial Scale, Pilot Scale, and Laboratory Scale).

North America is expected to dominate cytotoxic drugs contract manufacturing market over the forecast period, owing to adoption of growth strategies such as product launches, investments, facility expansion by the market players in the region to expand their market presence.

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Moreover, market players are focused on collaboration and acquisition strategies to expand their market presence and enhance facility in the region, which is expected to drive growth of the market over the forecast period.

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Key Takeaways of the Cytotoxic Drugs Contract Manufacturing Market:

The global cytotoxic drugs contract manufacturing market is expected to exhibit a CAGR of 9.1% over the forecast period, owing to increasing adoption of collaboration and acquisition strategies by key players and rising trend of contact manufacturing.

Among product type, intravenous segment held dominant position in the cytotoxic drugs contract manufacturing market in 2018, owing to companies focusing on expansion of their manufacturing facilities for production of sterile injectable and API, in order to increase client base and cater to their demand.

Companies operating in the global cytotoxic drugs contract manufacturing market include Lonza Group, Piramal Group, Evonik Industries AG, Novasep Holding SAS, Merck KGaA (SAFC Pharma), Baxter Biopharma Solutions, AbbVie Contract Manufacturing, Cambrex Corporation,

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