Industry and government regulations have forced enterprises to outsource manufacturing operations to the third party to remain competitive and enhance business process efficiency. Increasing investment in the healthcare sector has also provided the necessary impetus to the market. The emergence of developing economies of China and India as favorable manufacturing markets is shifting the balance towards these countries as compared to Europe, which has dominated the CMO market.
Major Key Players of the Healthcare CMO Market are:Boehringer Ingelheim GmbH, Lonza Group, Catalent Pharma Solutions Inc., Sanofi, Patheon Inc., Recipharm, DSM, Fareva, Aurobindo Pharma Limited, Catalent Pharma Solution, Symmetry Medical Inc., Accellent Inc., Piramal Healthcare, Greatbatch Inc.
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