Small Molecule Innovator CDMO Market Research Report 2023 - InsightAce Analytic
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.
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.
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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.
Recent Developments:
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.
Some of the Small Molecule Innovator CDMO Market players are:
Cambrex Corporation
Bellen Chemistry
Zhejiang LangHua Pharmaceutical Co., LTD.
Raffles PharmaTech Co., Ltd
Shanghai Mathcon Pharmaceutical Co., LTD
Shanghai SynTheAll Pharmaceutical Co., Ltd.
Wisdom Pharmaceutical Co., Ltd.
Gear Pharma
Hangzhou Aoya Biotechnology Co., Ltd.
Desano Inc.
Redhill Biopharma Ltd
Shanghai Chemspec Corporation
Zhejiang Chetou Pharmaceutical Co., Ltd
Oncomed manufacturing a.s.
Piramal Pharma Solutions
CordenPharma International
Wuxi AppTec
Cambrex Corporation
Recipharm AB
Pantheon (Thermo Fisher Scientific)
Lonza
Catalent Inc.
Siegfried Holding AG
Boehringer Ingelheim
Labcorp Drug Development
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Market Dynamics:
Drivers-
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.
Challenges:
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.
Regional Trends:
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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Segmentation of Small Molecule Innovator CDMO Market-
By Product-
Small Molecule API
Small Molecule Drug ProductOral solid doseSemi-Solid DoseLiquid DoseOthers
By Stage Type-
Preclinical
ClinicalPhase ISmallMediumLargePhase IISmallMediumLargePhase IIISmallMediumLarge
Commercial
By Customer Type-
PharmaceuticalSmallMediumLarge
Biotechnology
By Therapeutic Area-
Cardiovascular disease
Oncology
Respiratory disorders
Neurology
Metabolic disorders
Infectious disease
Others
By Region-
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of the Middle East and Africa
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