Oral Solid dosage (OSD) Contract Manufacturing Market to Grow with a CAGR of 6.24% through 2028
Increasing demand of generic drugs are expected to
drive the Global Oral Solid dosage (OSD) Contract Manufacturing Market in the
forecast period 2024-2028.
According to TechSci Research report, “Oral Solid
dosage (OSD) Contract Manufacturing Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global
Oral Solid dosage (OSD) Contract Manufacturing Market stood at USD 33.45
billion in 2022 and is anticipated to grow with a CAGR of 6.24% in the forecast
period, 2024-2028. The demand for personalized medical solutions is increasing.
Outsourcing OSD manufacturing allows pharmaceutical firms to focus on their
core strengths, such as research, development, and marketing, while leaving
manufacturing processes to specialized experts. Reputable OSD CMOs have
in-depth knowledge of regulatory requirements and adhere to strict quality
standards, reducing regulatory risks for their clients. CMOs offer flexibility
in production scale, from small batches for clinical trials to large-scale
commercial manufacturing, allowing pharmaceutical companies to adapt to market
demands efficiently. CMOs often have streamlined processes and established
infrastructure, enabling quicker product development and market entry. Pharmaceutical
companies can leverage the global presence of CMOs to access new markets and
navigate international regulatory complexities. OSD CMOs offer a wide range of
formulation development and manufacturing services, including controlled
release, immediate release, and oral sustained-release dosage forms. Advances in pharmaceutical manufacturing technologies
and analytical tools have improved the efficiency and capabilities of OSD
contract manufacturing. A growing
pipeline of new pharmaceutical products, including generic drugs and novel
therapies, drives demand for OSD contract manufacturing services. Outsourcing
manufacturing reduces the capital investment and risks associated with building
and maintaining in-house production facilities.
Oral Solid Dosage (OSD) Contract Manufacturing offers
several advantages and applications within the pharmaceutical industry. One key
advantage is cost-effectiveness. Pharmaceutical companies can reduce capital
expenditures by outsourcing OSD production to specialized Contract
Manufacturing Organizations (CMOs) that have already invested in
state-of-the-art facilities and equipment, leading to significant cost savings.
Additionally, OSD CMOs often benefit from economies of scale, enabling
efficient production at competitive prices.
Another advantage is expertise. OSD CMOs possess
extensive knowledge and experience in the formulation and production of various
solid dosage forms, ensuring product quality and compliance with regulatory
standards. This expertise is particularly beneficial for complex formulations,
controlled-release drugs, and biopharmaceuticals, where precision and
specialized knowledge are critical.
Furthermore, OSD contract manufacturing offers
flexibility and scalability. Pharmaceutical companies can easily adjust
production volumes according to market demands, avoiding excess inventory costs
and production bottlenecks. This flexibility is crucial for both small-scale
clinical trials and large-scale commercial manufacturing.
Applications of OSD contract manufacturing encompass a
wide range of solid dosage forms, including tablets, capsules, powders, and
granules. These dosage forms can accommodate various drug types, from
over-the-counter medications and generic drugs to specialized formulations for
specific therapeutic needs. OSD CMOs can produce both immediate-release and
extended-release formulations, enabling the development of customized drug
delivery systems. Additionally, they play a pivotal role in manufacturing high-potency
drugs, combination therapies, and personalized medicine products, meeting the
diverse needs of the pharmaceutical industry while maintaining cost-efficiency
and quality standards.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Oral
Solid dosage (OSD) Contract Manufacturing Market.”
The Global Oral Solid Dosage (OSD) Contract
Manufacturing Market is driven by several key factors that have been
instrumental in its growth and significance. Firstly, the pharmaceutical
industry's increasing focus on cost-efficiency is a major driver. Outsourcing
OSD manufacturing to specialized Contract Manufacturing Organizations (CMOs)
allows pharmaceutical companies to reduce capital expenditures on production
facilities and leverage the cost-effective infrastructure of CMOs. Secondly,
the demand for specialized expertise is driving market growth. OSD CMOs offer
extensive knowledge in formulation development, process optimization, and
regulatory compliance, which is especially critical for complex drug
formulations and biopharmaceuticals. Thirdly, the rise in complex drug
formulations, including controlled-release and biologic-based drugs, has
boosted the demand for OSD contract manufacturing services. These formulations
require specialized equipment and technologies that CMOs can provide. Moreover,
the globalization of pharmaceutical markets and the need for compliance with
diverse regulatory standards drive pharmaceutical companies to partner with OSD
CMOs with robust regulatory expertise. Additionally, the ongoing trend toward
personalized medicine and niche drug products necessitates flexible and agile
OSD manufacturing capabilities. Lastly, advancements in manufacturing
technologies and the adoption of sustainable and eco-friendly practices are
contributing to the growth of the OSD Contract Manufacturing Market, as
companies seek partners with state-of-the-art facilities and green
manufacturing capabilities.
The Global Oral Solid dosage (OSD) Contract
Manufacturing Market is segmented into product, end user, regional
distribution, and company.
Based on product, the market is segmented into Capsules,
Tablets, Powders, Granules, and Other. The Tablets is expected to rise in the
forecast period. This is attributed due to factors like ease of manufacturing,
stable shelf life, accurate dosing, and patient familiarity. Tablets are
cost-effective to produce, offer precise drug delivery, and are preferred by
patients, making them a popular choice for pharmaceutical companies and
consumers alike.
Based on end user, the market is segmented into Large-size
companies, Small & medium size companies, Startups and generic pharmaceutical
companies. The Large-size companies segment was dominated the market in 2022.
This is due to their extensive resources, established infrastructure, and
diversified product portfolios. They have the financial strength for research,
innovation, and acquisitions. This allows them to secure contracts, invest in
advanced technologies, navigate regulatory complexities, and meet diverse
market demands more effectively than smaller entities, startups, or generic
pharmaceutical companies.
Major companies operating in Global Oral Solid dosage
(OSD) Contract Manufacturing Market are:
- AbbVie Inc.
- Acino International AG
- Aenova Holding GmbH
- Beximco Pharmaceuticals Ltd
- Boehringer Ingelheim International
GmbH
- Catalent Inc.
- Corden Pharma International GmbH,
- PerkinElmer Inc.
- Pyramid Laboratories Inc.
- Siegfried AG
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“The Global Oral Solid Dosage (OSD) Contract
Manufacturing Market is driven by several key factors. The pharmaceutical
companies seek cost-efficiency by outsourcing OSD production to specialized
Contract Manufacturing Organizations (CMOs), reducing capital expenditure and
operational costs. The growing complexity of drug formulations, including
biopharmaceuticals and controlled-release dosage forms, drives demand for CMOs
with specialized expertise and advanced technologies. The stringent regulatory
requirements necessitate partnerships with OSD CMOs known for their compliance
and quality assurance capabilities. The trend towards personalized medicine and
specialty drugs fuels the need for flexible and agile manufacturing solutions. Additionally,
the environmental sustainability initiatives drive the adoption of green
manufacturing practices, enhancing OSD CMOs' appeal. Also, the pursuit of
operational efficiency and risk mitigation in the pharmaceutical supply chain,
especially in the face of global disruptions, reinforces the importance of OSD
contract manufacturing. These drivers collectively underscore the pivotal role
of OSD CMOs in the pharmaceutical industry's quest for cost-effective,
high-quality, and sustainable oral solid dosage solutions” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Oral Solid dosage (OSD) Contract
Manufacturing Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028 Segmented By Product (Tablets, Capsules, Powders, Granules,
Others), By End User (Large-size companies, Small & medium size companies,
Startups and generic pharmaceutical companies), By Region and Competition” has evaluated
the future growth potential of Global Oral Solid dosage (OSD) Contract
Manufacturing Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Oral Solid dosage
(OSD) Contract Manufacturing Market.
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