Oral Solid Dosage Contract Manufacturing Market: An Overview

The global oral solid dosage contract manufacturing market is expected to witness robust growth in the near future, thanks to rising incidences of illnesses globally, and growing innovations in the pharmaceutical industry.

Oral solid dosage is popular for three main reasons. It is easy to administer, as well as it has an acceptable taste and it is easy to identify. The main goals of various players in the oral solid dosage contract manufacturing market are to create a compressible form of products which is easily ingestible. In order to do so, they require bioavailable substances according to the requirements and additional solutions to control, monitor and provide extended release.

Additionally, there are two methods of drug release which are common in the market. These two are sustained release and controlled release. In a sustained release, a drug is released at a predetermined rate and a constant drug level is maintained. On the other hand, in a controlled release, the drug delivery takes place at a desired rate for a desired length of time.

Most products in the oral solid dosage contract manufacturing market are made with four main processes. These include wet spray granulation process, high shear granulation process, particle coating process, and direct compression process.

Later, products in the oral solid dosage contract manufacturing market undergo coating process.

Coating gives them their prominent form which is expected to offer low abrasion, good flow ability, protection against environmental factors, active ingredients, visual attractiveness, and masking of taste and smell.

Oral Solid Dosage Contract Manufacturing Market: Notable Developments

  • CPI, a UK based pharmaceutical company has announced collaboration with GlaxoSmithKline, a major player in the pharmaceutical market to develop a manufacturing facility for oral solid dosage pharmaceuticals. The facility will be based in England and produce continuous wet granulation manufacturing with raw material processing capabilities and monitoring systems for quality checks. Various companies including Perceptive Engineering, GEA Group, Innopharma Labs, Siemens, and Kaiser Optical Systems have joined the venture.
  • Wockhardt rose by 1.75% in its stock price to reach rs.449.80, thanks to its announcement about a FDA approval for its cancer drug. Wockhardt’s drug received a FDA approval from the United States FDA agency for 50 mg injection. The drug contains decitabine, which is expected to treat certain forms of cancers.

Oral Solid Dosage Contract Manufacturing Market: Key Trends

Growing cost-cutting opportunities globally are driving companies in the pharmaceutical sector to collaborate with companies from various emerging regions. This collaboration usually involves product development, design, operation, and increasingly promotion strategies as well. The pharmaceutical industry in matured markets, especially the US is cornered due to lowering returns, expiring patents, and increasing use of generic drugs. Additionally, these companies have found outsourcing easier in recent times due to technological advancements, knowledge sharing platforms, and increasing convergence between various government regulatory authorities. These factors are expected to drive the global oral solid dosage contract manufacturing market in the near future.

Oral Solid Dosage Contract Manufacturing Market: Regional Outlook

The global oral solid dosage contract manufacturing market is divided into regions including North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The oral solid dosage contract manufacturing market in North America is expected to register the highest revenue growth due to growing investments in innovation and establishment of large pharmaceutical companies in the region. Additionally, the oral solid dosage contract manufacturing market in Asia Pacific region is expected to register the highest CAGR during the forecast period. Growing investments in infrastructure, several cost-cutting opportunities, and formation of knowledge-base industries are expected to drive growth for the global oral solid dosage contract manufacturing market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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