The factors, such as, the increase in demand for imaging agent-assisted diagnostic procedures for better visualization due to increase in cardiovascular diseases and cancer, production of radiopharmaceuticals from cyclotrons, increasing access to diagnostic imaging in the emerging markets, increase in the aging population suffering from chronic disease, and usage of hybrid imaging technologies are driving the market growth.
Factors like high cost of drug delivery technology integrated products, concerns about the adverse effects associated with drug delivery systems, the inconsistent and evolving global drug delivery systems regulatory landscape, emergence of several therapeutic medical devices and advanced drug delivery devices and inefficiency of toxicity testing and evaluation studies in characterizing the novel drug delivery formulations are hampering the market growth.
therapeutics, patent expiration of small molecules, advanced technologies in API and FDF manufacturing, increasing deals and investments, increased demand for generic injectable, increasing incidence and prevalence of chronic diseases, and increase in geriatric population are some of the factors driving the market growth.
IQ4I Research & Consultancy published a new report on - Drug Discovery Outsourcing (DDO) Global Market - Forecast To 2030 analyzes and studies the major competition, market drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of the World.
Adoption of biologics in disease management and increasing regulatory approvals in the last few years, increasing scope of HPAPI market, patent expiration of major drugs, increasing trend of outsourcing, increase in the prevalence of chronic diseases, and increase in geriatric population are some of the factors driving the market growth.
The increase in diagnostic imaging procedures and interventional imaging procedures, increase in incidence and prevalence of disease conditions, increasing in aging population, expansion in indications of contrast media, growth of medical imaging technologies in the emerging market, increasing research activities for contrast agents, and favorable reimbursements are driving the market growth
Technological advancements in cell line engineering (gene editing tools) & cell line development technologies, screening technologies and process development are giving immense growth opportunities for the market
This report covers all segments, global trends and emerging strategies of the outsourcing market related to drug discovery, preclinical development, clinical phases and commercial manufacturing of biologics.
The contract biomanufacturing global market is driven by the increasing trend of outsourcing among the biopharmaceutical companies, availability of advanced bioprocessing capabilities among the contract bioservice providers and the escalating approval and adoption of biologics and the cost effective biosimilars among the value centric global patient pool leading to huge volume demand for biologics