Home Press Releases Fill Finish Manufacturing Market Size Worth $20.61 Billion By 2030 | CAGR: 10.6%

Fill Finish Manufacturing Market Size Worth $20.61 Billion By 2030 | CAGR: 10.6%

The global fill finish manufacturing market size is expected to reach USD 20.61 billion by 2030, according to a new study by Polaris Market Research. The report Fill Finish Manufacturing Market Share, Size, Trends, Industry Analysis Report, By Product; By End-Use; By Region (North America, Europe, Asia Pacific, Latin America, Middle East &Africa); Segment Forecast, 2022 – 2030 gives a detailed insight into current market dynamics and provides an analysis of future market growth.

 

The growing demand for fill finish manufacturing is majorly observed in pharmaceutical and biopharmaceutical companies owing to the surging demand for vaccines and drugs to treat viruses. Furthermore, rising R&D investments in the healthcare sector to strengthen the sterile fill finish industry is one of the major factors driving demand.

 

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In addition, the growing demand for prefilled syringes due to their easy administration, accurate dosing, and risk from contamination is expected to bolster the fill finish manufacturing market.

 

Moreover, with the rapid development of parental drugs, the advancement in drug technology to deliver cost-efficient, advanced, and safe & easy administration is also considered an essential factor propelling the market growth.

 

The COVID-19 pandemic positively impacted the demand for the market. Due to the emergence of infectious illness all around the globe, the demand for vaccines and treatments with less human intervention took over the market, accelerating the market growth. Moreover, the rising activities of contract manufacturing organizations (CMO) to outsource various medicines and vaccines during the pandemic boosted revenue growth.

 

Fill Finish Manufacturing Market Report Highlights

  • The growing demand for the consumables segment in several medical institutes and research centers is owing to its high replacement rate. In addition, the rising adoption of prefilled syringes due to lower costs and easy administration for healthcare workers and end users is expected to boost the market.
  • Contract manufacturing organization is expected to spearhead revenue growth owing to the rising demand for appropriate aseptic fill finish procedures for complex drug molecules, which has ultimately increased their needs in the pharmaceutical industry for outsourcing services.
  • Asia Pacific is the second largest region expected to grow over the forecast period on account of several advancements in the biopharmaceutical industry and a growing patient base for affordable medications. Moreover, rising R&D infrastructure also supports segment growth.
  • Major players operating in the industry include Aenova Group, Bausch+ Strobel, Baxter, BECTON, DICKINSON And Company, Curia, Cytiva, Fujifilm Corporation, GERRESHEIMER AG, GRONINGER & Co Gmbh, IMA S.P.A., Johnson & Johnson, Maquinaria Industrial Dara, Moderna, Nipro Medical Corporation, Nipro Pharm Packaging.

 

Polaris Market Research has segmented the fill finish manufacturing market report based on product, end-use, and region:

 

Fill Finish Manufacturing, Product Outlook (Revenue – USD Billion, 2018 – 2030)

  • Consumables
    • Prefilled Syringes
      • Glass PFS
      • Plastic PFS
    • Vials
      • Glass Vials
      • Plastic Vials
    • Cartridges
    • Other Consumables
  • Instruments
    • Systems
      • Integrated Systems
      • Standalone Systems
    • Machine Type
      • Automated Machines
      • Semi-Automated & Manual Machines

Fill Finish Manufacturing, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)

  • Pharmaceutical & Biopharmaceutical Companies
  • Contract Manufacturing Organizations
  • Research & Development Laboratories
  • Academic Research Institutions

Fill Finish Manufacturing, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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