Fill Finish Manufacturing Market - Forthcoming Trends of Boost the Global Growth

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

Key Questions Addressed by the Report:

# Who are the major market players in the fill finish manufacturing market?
# What are the regional growth trends and the largest revenue-generating regions in the fill finish manufacturing market?
# What are the major drivers and challenges in the fill finish manufacturing market?
# What are the major product segments of the market?
# What are the major end-users for fill finish manufacturing?

Overview of This Study:

The study involved two major activities in estimating the current market size of the fill-finish manufacturing 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.

Market Understanding this Study Will Provide:

# Identifying stakeholders and key decision-makers in different regions
# Identifying the selection criteria of key decision-makers
# Analyzing the competitive landscape
# Identifying major players with their product portfolios
# Analyzing strategies adopted by players to position different types of products
# Analyzing the regional/country-level markets

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The consumables segment accounted for the largest share of the fill finish manufacturing market, by product, in 2019

Based on products, the fill finish manufacturing industry is segmented broadly into consumables and instruments. The consumables segment accounted for the largest market share in 2019. 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.

The integrated systems segment accounted for the largest share of instruments, by systems, in the fill finish manufacturing market in 2019

Based on systems, the instrument segment is divided into integrated systems and standalone systems.  The integrated systems segment dominated the market in 2019. Owing to its benefits over standalone systems, such as increase productivity and high-speed lines performing multiple operations on the same unit, are driving the adoption of integrated systems in fill-finish operations of drugs.

Geographical Growth Dynamics:

Europe accounted for the largest share of the fill finish manufacturing market in 2019

The large share of Europe in this market is attributed to factors such as growing focus on the development of biosimilar due to the patent expiry of key biologics products. In addition, well-established reimbursement systems for drugs have further enhanced the demand for biologics among patients by making them affordable to consume, and to fulfill this, biopharmaceutical companies have increased their production volumes and expand production capacities.

Global Leading Companies:

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).

Syntegon Technology GmbH (Germany) is one of the leading players in the global fill-finish manufacturing market. In 2019, the company’s revenue was approximately USD 1.4 billion. The company offers an extensive product portfolio in the market through its machinery systems segment, which includes a wide range of automated standalone machines, integrated systems, and barrier systems such as isolator systems and RABS. Over the years, isolators and RABS have witnessed increasing adoption by many pharmaceutical and biopharmaceutical companies to maintain high-quality product standards. The company also adopts organic strategies such as product launches to maintain its position in this market.

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Makarand Vaidya

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