The global oral solid dosage contract manufacturing market size is expected to reach USD 57.02 billion by 2032, according to a new study by Polaris Market Research. The report “Oral Solid Dosage Contract Manufacturing Market Share, Size, Trends, Industry Analysis Report, By Product (Tablets, Capsules, Granules Powder, Others); By Mechanism; By End-User; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Contract manufacturers differentiate themselves by offering unique Oral Solid Dosage (OSD) forms, thanks to ongoing improvements in formulation technology. Furthermore, the OSD contract manufacturing sector is seeing a growth in the use of automation and robotics. This technology integration reduces human error, improves manufacturing precision, and increases overall operational efficiency.
Strong technical competence in pharmaceutical formulation coupled with a dedication to regulatory adherence allows businesses to provide superior services while adjusting to changing industry norms. Bigger Contract Manufacturing Organizations (CMOs) take advantage of economies of scale, which let them invest in cutting-edge technology, negotiate advantageous contracts with suppliers, and provide competitive pricing. Their entire profitability and competitiveness in the market are improved by this strategic approach.
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A significant increase in the use of generic drugs might be attributed to the growing need for affordable healthcare solutions. Generic medications are preferred because of their simple production, durability, and excellent patient compliance, particularly in oral solid dosage forms like tablets and capsules. Progress in the sector is largely due to the wide range of generic medications available in oral solid dose forms.
However, ensuring the continuous and high-quality production of oral solid dosage forms presents a formidable challenge. The maintenance of rigorous quality control standards throughout the manufacturing process is essential but can be intricate. Any shortcomings in quality control have the potential to lead to product recalls, tarnished reputations, and legal consequences, acting as a constraint on the market.
Moreover, the oral solid dosage contract manufacturing market is susceptible to disruptions in the global supply chain, as demonstrated by events like the COVID-19 pandemic. Supply chain disruptions lead to delays in production, shortages, and increased costs, impacting the overall market dynamics.
Oral Solid Dosage Contract Manufacturing Market Report Highlights
Polaris Market Research has segmented the oral solid dosage contract manufacturing market report based on product, mechanism, end-user and region:
Oral Solid Dosage Contract Manufacturing, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Oral Solid Dosage Contract Manufacturing, Mechanism Outlook (Revenue - USD Billion, 2019 - 2032)
Oral Solid Dosage Contract Manufacturing, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
Oral Solid Dosage Contract Manufacturing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 37.82 billion |
Revenue forecast in 2032 |
USD 57.02 billion |
CAGR |
5.3% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
|
Regional scope |
|
Competitive Landscape |
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |