SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Research and Markets: India Contract Research and Manufacturing (CRAMS) Service Market 2014-2018: Key Vendors are Biocon, Dishman Pharmaceuticals and Chemicals, Divis Laboratories, Jubilant Life Sciences & Piramal Healthcare

[September 03, 2014]

Research and Markets: India Contract Research and Manufacturing (CRAMS) Service Market 2014-2018: Key Vendors are Biocon, Dishman Pharmaceuticals and Chemicals, Divis Laboratories, Jubilant Life Sciences & Piramal Healthcare

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/9cf366/contract_research) has announced the addition of the "Contract Research and Manufacturing (CRAMS) Service Market in India 2014-2018" report to their offering.

The CRAMS market in India to grow at a CAGR of 32.67 percent over the period 2013-2018.

CRAMS is defined as the process of outsourcing research services/ product manufacturing activities to organizations which can provide the service at a low cost. CRAMS basically consists of the following two activities: contract research and contract manufacturing. CRAMS is mainly used in the Pharmaceutical and Biotechnology sectors that require extensive R&D and large-scale manufacturing facilities. It is expected that the demand for contract research and contract manufacturing is expected to increase in India in th future.


In terms of activities, the CRAMS market in India can be segmented into two: Contract Research and Contract Manufacturing. To calculate the market size, the report considers the revenue generated from the services offered by contract research and contract manufacturing organizations to other equipment manufacturers (OEMs) for the manufacturing of new chemical entities, API, and pre-clinical and clinical research.

The CRAMS Market in India is expected to grow at a rapid rate mainly because of an increase in strategic alliances. Indian companies are expanding their footprints to major geographies through strategic partnerships.

According to the report, one of the major drivers in the market is the rising cost of research in developed markets. Outsourcing research and manufacturing activities to developing countries such as India has become a necessity. Factors favoring India as an outsourcing country are positive government policies, fast-developing infrastructure, and a skilled workforce.

Further, the report states that one of the main challenges that the market faces is growing global competition. Countries such as China, Russia, Brazil, and Taiwan are competing with India in the CRAMS market.

Key Vendors

  • Biocon
  • Dishman Pharmaceuticals and Chemicals
  • Divis Laboratories
  • Jubilant Life Sciences
  • Piramal Healthcare

Other Prominent Vendors

  • Aurbindo Pharma
  • Cadila Healthcare
  • Dr. Reddy's Laboratories
  • GVK Biosciences
  • Ipca Laboratories
  • Lupin
  • Quintiles
  • Siro Clinpharm
  • Sun Pharmaceutical
  • Wockhardt

For more information visit http://www.researchandmarkets.com/research/9cf366/contract_research


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.