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Global Cytotoxic Drugs Contract Manufacturing Market

Dec. 1, 2019

Global Cytotoxic Drugs Contract Manufacturing Market, By Product Type (Oral, Intravenous), By Form (Liquid, Solid), By Production Scale (Laboratory scale, Industrial scale, and Pilot scale), By Region (North America, Latin America, Europe, Asia-Pacific, and Middle East and Africa) - Global Forecast, 2020-2025.

Report Code :FMR287      
Pages :210 Pages
Format :   PPT Format   PDF Format

The global cytotoxic drugs contract manufacturing market was valued at US$ xx million in the year 2018. This market is estimated to be valued at US$ xx million in the year 2019 and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of 9.3% during the forecast period (2020-2025). The contract manufacturing market for cytotoxic drugs has grown significantly in the last decade. Increasing cancer incidence is projected to push the demand for manufacturing of cytotoxic drugs contract over the forecast period. For instance, cancer is a leading cause of death globally, accounting for about 9.6 million deaths in 2018, according to figures released by the World Health Organization (WHO). In fact, the number of new cases is projected to rise by about 70%, according to the WHO.

Table 1. Global Cytotoxic Drugs Contract Manufacturing Market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Product Type)

Oral, Intravenous

Market Segmentation (By Form)

Liquid, Solid

Market Segmentation (By Production Scale)

Laboratory scale, Industrial scale, and Pilot scale

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East & Africa,

Key Players Coverage

Abbvie Inc, Evonik Industries AG, Merck Co.,KGaA, Novasep Holding SAS, Catalent, Inc., vBaxter Biopharma Solutions, Cambrex Corporation, CordenPharma International, WuXi AppTec Co., Ltd., BSP Pharmaceuticals S.p.A Dishman Group  among others

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

Increasing product approval for cancer treatment is expected to boost the growth of the global market for contract manufacturing of cytotoxic drugs over the forecast period. For instance, in October 2018, Catalent Pharma Solutions that indulge in analytical testing, clinical and commercial-scale manufacturing and packaging of various oral dosage forms got a contract from Verastem Oncology to manufacture COPIKTRA (duvelisib) capsules in large quantities. Also, in September2018 COPIKTRA received an approval from the U.S. Food and Drug Administration (U.S. FDA) for the treatment of relapsed or refractory chronic lymphocytic leukemia and small lymphocytic leukemia.

Additionally, the increasing adoption of contract manufacturing services by pharmaceutical companies is expected to drive the growth of the global contract manufacturing market for cytotoxic drugs over the projected period. For instance, in September 2018, GB Sciences, Inc. selected a contact manufacturing provider Catalent Pharma Solutions, to include oral delivery mechanisms, formulation development, and clinical-scale oral dose manufacturing of GB Sciences' patented active pharmaceutical ingredients (APIs) for its Parkinson's disease therapies.

Figure 1. PORTER’S Analysis

 

Note: Above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

Asia-Pacific is expected to remain competitive as manufacturing in Asia Pacific due to low labor costs and cost-effective instrumentation. Moreover, North America and Europe are the predominant regions due to the abundance of cytotoxic drugs production facilities. For instance, in July 2019, Nexus Pharmaceuticals, a drug manufacturer, launched a new drug production facility in Chicago, U.S.

Figure 2. Regional Analysis

 

Note: Above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players in the global cytotoxic drugs contract manufacturing market include: Abbvie Inc, Evonik Industries AG, Merck KGaA, Novasep Holding SAS, Catalent, Inc., Baxter Biopharma Solutions, Cambrex Corporation, CordenPharma International, WuXi AppTec Co., Ltd., and BSP Pharmaceuticals S.p.A Dishman Group, among others. Key players in the market are focused on expanding their production facilities, and collaborative partnerships. For instance, in August 2016, Piramal Enterprises Limited entered into an agreement to acquire Ash Stevens Inc., a U.S.-based Contract Development and Manufacturing Organization (CDMO).

Figure 3. Market Share of Key Players, 2019

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

By Product Type

  • Oral
  • Intravenous

By Form

  • Liquid
  • Solid 

By Production Scale

  • Laboratory scale
  • Industrial scale
  • Pilot scale

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
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Note: This report provides an in-depth analysis of the global cytotoxic drugs contract manufacturing market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global cytotoxic drugs contract manufacturing market?
  • What key factors are expected to increase the demand for cytotoxic drugs contract manufacturing market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global cytotoxic drugs contract manufacturing market?
  • What is the total market value (US$ Mn) generated in the global cytotoxic drugs contract manufacturing market by product type in 2019 and what are the forecasts by 2025?
  • Which production scale is expected to dominate the cytotoxic drugs contract manufacturing market in the coming years?
  • Which form contribute the highest CAGR (%) in the cytotoxic drugs contract manufacturing market?
  • What was the total revenue generated by the global cytotoxic drugs contract manufacturing market across different regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing to the growth of the global cytotoxic drugs contract manufacturing market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the cytotoxic drugs contract manufacturing market?
  • What are the major outcomes derived from Porter’s five forces?
  • What new products are going to be approved or launched in the coming years which may have a huge impact on the market?
  • What insights are derived through the analysis of key players on the following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?

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