The Formulation Development Outsourcing Global Market Report 2023, provides comprehensive information on the formulation development outsourcing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Formulation Development Outsourcing Global Market Report 2023, the global formulation development outsourcing market size is expected to grow from $25 billion in 2022 to $27.49 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global formulation development outsourcing market size is expected to reach $39.3 billion in 2027 at a CAGR of 9.3%.
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The formulation development outsourcing market is segmented:
1) By Service: Preformulation, Formulation Development
2) By Therapeutic Area: Oncology, Infectious Disease, Neurology, Hematology, Respiratory, Cardiovascular, Dermatology, Other Therapeutics
3) By Formulation: Oral, Injectable, Topical, Other Formulations
4) By End-User: Pharmaceutical Industries, Research And Academic Development
North America was the largest region in the formulation development outsourcing market in 2022.
The table of contents in TBRC’s formulation development outsourcing market report includes:
1. Executive Summary
2. Formulation Development Outsourcing Market Characteristics
3. Formulation Development Outsourcing Market Trends And Strategies
4. Impact Of COVID-19 On Formulation Development Outsourcing Market
5. Formulation Development Outsourcing Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Formulation Development Outsourcing Market
28. Key Mergers And Acquisitions Of The Formulation Development Outsourcing Market
29. Future Outlook and Potential Analysis Of The Formulation Development Outsourcing Market
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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