Contract Research And Manufacturing Services (CRAMS)
Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Contract Research And Manufacturing Services (CRAMS) Market Segments
© The Business Research Company. All Rights Reserved. Manufacturing, Research By Services Pharmaceutical & Biotechnology Companies, Medical Device Companies, Academic Institutes By End User
The Business Research Company segments it’s contract research and manufacturing services (CRAMS) market report as: By Application
Market Statistics
The global contract research and manufacturing services (CRAMS) market size grew from $120.23 billion in 2022 to $129.97 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The contract research and manufacturing services (CRAMS) market size is expected to grow to $183.81 billion in 2027 at a CAGR of 9.1%.
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120.23 129.97 183.81 2022 2023 2027
Global Contract Research And Manufacturing Services (CRAMS) Market Size Forecast To 2032
Key Market Drivers And Trends
Drivers
The rising ageing population with various chronic diseases is expected to have a positive impact on the growth of the contract research and manufacturing services market
Trends
Artificial intelligence (AI) is increasingly being used by the contract research and manufacturing services (CRAMS) market to strengthen its market position.
Region
North America was the largest region in the contract research and manufacturing services (CRAMS) market in 2022. Asia-Pacific region is expected to grow at a faster pace in the forecast period. The regions covered in contract research and manufacturing services (CRAMS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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Key Market Players
Major players in the contract research and manufacturing services (CRAMS) market are:
▪ Boehringer Ingelheim International GmbH
▪ Catalent Inc
▪ Lonza Group Ltd
▪ Pharmaceutical Product Development LLC
▪ Baxter BioPharma Solutions
▪ And more.
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