Showing posts with label global life sciences BPO market. Show all posts
Showing posts with label global life sciences BPO market. Show all posts
Life Sciences BPO Market Contract Research Organizations and Contract Manufacturing Organizations - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Contract
manufacturing is a concept favored by the recent army of big and
successful manufacturers. Reducing cost helps a company to assign its
investments into other areas like branding, marketing and other sales
promoting activities that require constant attention. Manufacturing
and research units are among the integral part of a company’s whole
business process. However, they can also run on their own once given
proper direction, as they do not require constant tweaking, nor
involve sudden change in requirements in comparison to other
segments. A research unit particularly is nearly independent once a
project is initiated.
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These
processes would only lead to a better product, and not necessarily, a
better brand presence or market share, both of which require great
deal of planning and routine changes of strategies in case something
goes different than expected. Most pharmaceutical and medical device
giants have adopted the strategy of outsourcing to specialist service
providers such as contract manufacturing organizations (CMOs) and
contract research organizations (CROs). Besides cost, these CMO’s
help reduce stagnancy in productivity volume and cost pressures and
arrest the concerns for any regulatory changes. The recent economic
downturn, rise in demand for generic drugs and patent expirations
have compelled the pharmaceutical companies to outsource their R&D
and manufacturing activities to such CMO’s.
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The
life sciences BPO market comprises services offered by contract
manufacturing organizations (CMOs) and contract research
organizations (CROs) to the biotech/pharmaceutical companies.
Pharmaceutical companies are now forming long-term partnership with
the CROs and CMOs to share the costs involved in drug discovery to
post marketing approvals. Moreover, they are also leveraging CROs and
CMOs expertise such as use of novel technologies, trained staff and
previous experiences for effective outcomes.
This
research report provides a detailed analysis of the global life
sciences BPO market and helps in understanding the various driving
factors for the growth of the market. The market overview section of
this report analyzes the market dynamics and trends such as drivers,
restraints and opportunities that influence the current nature and
future status of this market. The executive summary provides detailed
insights about the report and the market in general. It also provides
a market snapshot, which in ways a glimpse into the present scenario
of the life sciences BPO market. Impact factors such as market
attractiveness analysis and Porter’s five forces analysis have also
been explained in the market overview section of the report in order
to deliver a thorough analysis of the overall competitive scenario of
the global life sciences BPO market.
The
report further discusses the market of life sciences BPO on the basis
of different CRO and CMO services. The CRO services comprise of
clinical data management, monitoring, medical writing, regulatory
services, pharmacovigilance, bio-statistics, drug discovery and
pre-clinical tests. The CMO services include API manufacturing,
finished dosage formulation development and manufacturing and
packaging.
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The
global life sciences BPO market has been segmented based on all the
above- mentioned parameters and market size estimates and forecasts
for the period of 2013 to 2019 have been provided for each of the
segments, in terms of USD million, considering 2012 as the base year
for calculations and 2011 representing as the historical year. The
CAGR (%) of each market segment for the forecast period 2013 to 2019
has also been provided along with market size estimations.
The
report exclusively studies the aforementioned segments with respect
to geography. Under geographic market section, four regional markets,
namely, North America, Europe, Asia-Pacific and Rest of the World
(ROW) have been analyzed. Moreover, the European region has been
further studied by various countries including U.K., Germany, France,
Spain, Italy and Rest of Europe (ROE).
The
report concludes with the competitive landscape and company profiles
of major market players. These market players have been profiled
based on various attributes such as company overview, financial
overview, business strategies, product portfolio and recent
developments. Some of the major players profiled in this report
include Catalent Pharma Solutions, Inc., PRA International, Inc.,
Covance, Inc., Cognizant Technology Solutions, Quintiles
Transnational Corporation, Parexel International Corporation, DSM,
Charles River Laboratories, Piramal Healthcare and Boehringer
Ingelheim GmbH.
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