Fill Finish Manufacturing Market Is Undergoing Major Technological Innovations - Future Trends By 2025

By Author: Makarand Vaidya
Total Articles: 82
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Overview:

The study involved two major activities in estimating the current market size of the fill finish manufacturing procedures market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Global Trends:

# Identifying and analyzing key products and trends to draw notes and include considerations in the final forecasts
# Identifying the major drivers, opportunities, and challenges prevailing in the fill-finish manufacturing market
# Identifying industry trends
# Analyzing the regulatory landscape

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By product, the consumables segment accounted for the largest share of the fill-finish manufacturing market.

Based on the product, the fill finish manufacturing ...
... procedures market is segmented into consumables and instruments. The consumables segment is bifurcated further into prefilled syringes, vials, cartridges and other consumables such as ampoules, bottles, and IV bags. The instruments segment is further divided into machines and systems. Machines are further segmented by type into automated machines and semi-automated & manual machines. Systems, on the other hand, are further segmented into standalone systems and integrated systems.

The consumables segment dominated the market in 2019 and is expected to be the fastest-growing segment during the forecast period. The large share and high growth of this segment can primarily be attributed to the rising demand for prefilled syringes, wide applications of vials in lyophilization, and the growing use of disposable packaging for biologics.

By end user, the contract manufacturing organizations segment is expected to witness the highest growth in the fill-finish manufacturing market during the forecast period.

The contract manufacturing organizations segment is expected to show the highest growth in the forecast period due to increasing outsourcing of fill-finish manufacturing processes from small-sized biopharmaceutical companies and the growing number of new entrants in the biologics manufacturing market.

Europe accounted for the largest market share during the forecast period.

The fill finish manufacturing procedures market is divided into five major regions-Europe, North America, Asia Pacific, LATAM, and MEA. Europe accounted for the largest share of the global market, closely followed by North America. Factors such as the emergence of the biosimilar market due to the patent expiry of key biologic products, rising incidence of chronic disorders, and the increasing focus of major players on increasing their presence in this region are driving the growth of the fill-finish manufacturing industry in Europe.

The Asia Pacific region is expected to witness the highest CAGR during the forecast period, mainly due to overall growth in the biopharmaceutical industry. The growth of the APAC biopharmaceutical market is attributed to factors, such as increasing investments by CMOs & key biopharmaceutical players, increasing government support, developments in R&D infrastructure, and expertise & academic excellence in the APAC region.

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Key Players:

The major companies in the fill finish manufacturing market include Becton, Dickson and Company (US), Syntegon Technology GmbH (Germany), I.M.A. (Industria Macchine Automatiche) S.p.A. (Italy), Stevanato Group (Italy), West Pharmaceutical Services, Inc. (US), OPTIMA Packaging Group GmbH (Germany), Bausch+Strobel (Germany), Groninger & Co. GmbH (Germany), and Gerresheimer AG (Germany).

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