Dublin, Sept. 15, 2021 (GLOBE NEWSWIRE) — The “Global Healthcare Contract Manufacturing Market” report has been added to ResearchAndMarkets.com’s offering. The global healthcare contract manufacturing market size is expected to reach USD 323.6 billion by 2028 and is expected to expand at a CAGR of 7.7% from 2021 to 2028. The changing regulatory landscape, coupled with rising offshoring to emerging countries, is anticipated to propel market growth over the forecast period.Increasing demand for advanced products is a major factor driving the market. Original equipment manufacturers (OEMs) are outsourcing the manufacturing activities of medical devices to third parties, mainly to developing countries to gain economic benefits.

By A Silva