CDMO Case Study
Project Type: Market Landscape study
Study Type: Primary Research
Timeline: 4 Weeks
Methodology: CATI + CAWI
About CDMO
An organisation called Contract Development and Manufacturing Organization (CDMO) works in the pharmaceutical and diagnostic sectors and offers clients entire services ranging from medication development to manufacture.
About The Client
A worldwide consulting firm serving the medical device industry, especially in vitro diagnostics. Currently looking for contract development and manufacturing organisations (CDMOs) having prior expertise operating in the in-vitro diagnostics (IVD) industry.
Scope Of The Study
We gather data from health care research studies we are undertaking around the globe to help us shape investment trends in technology. Now we are conducting research to determine the functions of Contract Development & Manufacturing Organizations (CDMOs) operating in the IVD industry. We are conducting in-depth interviews with significant stakeholders who work with CDMO companies for this project.
Our Approaches/Strategies
- Identifying the key opinion leaders such as marketing manager/directors, R&D manager/directors and corporate strategy managers, and contacting and inviting them to a meeting.
- In meeting we conduct an In-depth interview of our experts to gather qualitative and quantitative insights.
Key Findings
The COVID-19 epidemic that started in November 2019 has a significant negative influence on public health services all around the world. The need for the diagnosis of COVID-19 infections peaked during the epidemic. In order to diagnose COVID-19 infections, companies began outsourcing the production of IVD devices, and production of other IVD products was stopped. As a result of social exclusion and supply chain interruptions, hospitals are seeing fewer patients, which has resulted in a reduction in the outsourcing of various IVD equipment. Additionally, because to local, national, and worldwide lockdowns or travel restrictions, logistics were also impacted. With the increase in their costs, there was a shortage of raw resources. The COVID-19 pandemic presented several commercial problems on a global scale, which had a detrimental effect on the expansion of the IVD contract manufacturing services sector.
