businesspress24.com - Latin America Pharmaceutical Contract Manufacturing and Research Services Market to Reach $21 Billio
 

Latin America Pharmaceutical Contract Manufacturing and Research Services Market to Reach $21 Billion by 2025

ID: 1555684

Latin America pharmaceutical contract manufacturing and research services market was valued at over USD 11.4 billion in 2015. Drug shortfall, rising competition, tighter budgets, insufficient resources, and patent expiration are some of the key factors boosting growth in the market over the forecast period.

(firmenpresse) - The Latin American pharmaceutical contract manufacturing & research services market is anticipated to reach USD 21.0 billion by 2025, according to a new report by Grand View Research, Inc. 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.

Aforementioned fact pronounces the trend of shifting Contract Manufacturing/Research Organizations (CMO/CRO)tsourcing market for pharmaceutical development.

Further Key Findings from the study suggest:

CMO



&D are observed to have a major impact on the yearly growth of contract research organizations













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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.



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Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com



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Bereitgestellt von Benutzer: HexaResearch
Datum: 05.02.2020 - 02:31 Uhr
Sprache: Deutsch
News-ID 1555684
Anzahl Zeichen: 4017

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San Francisco


Phone: 1-888- 202-9519

Kategorie:

Pharmaceuticals & Biotech


Typ of Press Release: Financial
type of sending: send
Date of sending: 05.02.2020
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