Pharmaceutical Manufacturing Market expected to grow at a CAGR of 11.34% from 2021 to 2028
Pharmaceutical Manufacturing Industry Overview The global pharmaceutical manufacturing market size is expected to reach USD 957.59 billion by 2028, registering a CAGR of 11.34% over the forecast years, according to a new report by Grand View Research, Inc. The presence of supportive regulatory legislations, patentability norms, and high funding and investments in the pharmaceutical industry are anticipated to drive market growth. In addition, the broadening of preventive care has created significant opportunities in the market. Pharmaceutical Manufacturing Market Segmentation Grand View Research has segmented the global pharmaceutical manufacturing market on the basis of molecule type, drug development type, formulation, routes of administration, therapy area, prescription, age group, sales channel, and region: Based on the Molecule Type Insights, the market is segmented into Biologics & Biosimilars (Large Molecules) and Conventional Drugs (Sm...