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The Future of Pharmaceutical Contract Development and Manufacturing Market

in Pharmaceutical Articles
Pharmaceutical Contract Development and Manufacturing Market

According to MarketsandMarkets, the global pharmaceutical contract development and manufacturing market is projected to reach USD 126.63 billion by 2024 from USD 90 billion in 2019, at a CAGR of 7.1% during the forecast period. Growth in this market is driven by the rising demand for generics, increasing investments in pharmaceutical R&D, and investments in advanced manufacturing technologies by CDMOs. Also, the increasing demand for biological therapies, growing focus on specialty medicines, growth in the nuclear medicines sector, and advancements…

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Application in Oncology to Account for 50% of Overall Consumption of Radiopharmaceuticals

in Pharmaceutical News
Packaging radiopharmaceuticals GE Healthcare

The penetration of radio-therapeutics is expected to be the biggest move in the global¬†radiopharmaceuticals market. Radiopharmaceuticals are increasingly used in the diagnosis and treatment of several diseases such as cancer, cardiovascular diseases, and neurological disorders owing to their characteristics of radioactive decay and the ability of targeted therapeutic irradiation. The global market for radiopharmaceuticals is set to witness a healthy CAGR of 5% during the forecast period of 2019 – 2029. Increasing the application of nuclear medicine in oncology will…

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