DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Latin America Pharmaceutical Contract Manufacturing Services Market 2014 - 2025" report to their offering.
The Latin American pharmaceutical contract manufacturing services market is anticipated to reach USD 21.0 billion by 2025.
Low drug registration cost in Latin American countries and continuous economic growth are the key factors contributing to progress in this region. Moreover, Latin America offers higher recruitment rates and relatively high competitive prices in comparison to United States and other European countries.
Ongoing adjustments in Latin America to reduce the commodity prices and domestic political turbulence in each country is expected to shape region's economic growth there by driving revenue generation in the outsourcing market for pharmaceutical development.
Contract manufacturing services accounted for the largest share owing to wide range of services offered by the CMO's located herein for therapeutic drug development. API/Bulk drug development services accounted for the largest share over the other segments as companies continue to invest for API production capacity enhancement.
There is a rising inclination from drug manufacturers to focus on core competencies such as R&D are observed to have a major impact on the yearly growth of contract research organizations.
- Boehringer Ingelheim GmbH
- Grifols S.A
- Jubilant Life Sciences Limited
- Pfizer, Inc. (Pfizer CenterOne)
- Charles River Laboratories International, Inc.
- Albany Molecular Research, Inc.
- Covance, Inc. (LabCorp)
- Baxter BioPharma Solutions
- Aenova Holding GmbH
- Vetter Pharma
- Valeant Pharmaceuticals International Inc.
- Ligand Pharmaceuticals, Inc.
- Pharmaceutical Product Development, LLC
- Recipharm AB.
- AbbVie, Inc.
- Famar Health Care Services
- Catalent Pharma Solutions
West Pharmaceutical Services, Inc.
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Market Variables, Trends & Scope
4 Latin America Pharmaceutical Contract Manufacturing Service Market: Services Estimates & Trend Analysis
5 Latin America Pharmaceutical Contract Manufacturing Service Market: Country Estimates & Trend Analysis
6 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/nq7mhq/latin_america