Contract Manufacturing Market Size, Research Development, Share and Forecast to 2029 | Baxter (U.S.), Lonza (Switzerland), Recipharm AB (Sweden)., Jubilant Pharmova Limited (India)
Data Bridge Market Research analyses a growth rate in the contract manufacturing market in the forecast period 2022-2029. The expected CAGR of contract manufacturing market is tend to be around 6.95% in the mentioned forecast period. The market was valued at USD 211.9 million in 2021, and it would grow upto USD 362.72 million by 2029. Global Contract Manufacturing Market Dynamics Drivers · Increasing Prevalence of Noninvasive Surgical Procedures · The Option of Outsourcing Opportunities · Rising Incidence of Cardiovascular Diseases The rising demand for cardiovascular devices as a result of increasing cases of associated conditions is attributed to the growth of outsourcing of these devices. Moreover, the high complexity of cardiovascular devices and the need for technical expertise result in higher outsourcing of these d...