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Pharmaceutical Continuous Manufacturing Market Top Key Players, Product Types and Applications Analysis 2019-2026
According to a new report published by Allied Market Research, titled, " Pharmaceutical Continuous Manufacturing Market, by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global pharmaceutical continuous manufacturing market was valued at $393 million in 2018, and is expected to reach $855 million by 2026, growing at a CAGR of 10.2% from 2019 to 2026.Continuous manufacturing is an advanced manufacturing approach to provide pharmaceutical products with enhanced quality, improved yield, reduced cost within shorter time period. Pharmaceutical continuous manufacturing market is expected to witness significant grow growth during the forecast period, due to increase in adoption of continuous manufacturing systems over the existing drug manufacturing process, technological advancements, initiatives taken by the Food and drug Administration (FDA) for promoting the use of pharmaceutical continuous manufacturing for modernizing pharmaceutical manufacturing, and advantage over the batch manufacturing. However, higher cost of pharmaceutical continuous manufacturing systems restrain the market growth.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐จ๐ฎ๐๐ก๐๐ซ: https://www.alliedmarketresearch.com/request-sample/6240
Depending on product, the market is categorized into integrated continuous systems, semi-continuous systems, and control & software. Presently, the integrated continuous systems dominates the global market, and is anticipated to continue this trend over the forecast period. This is attributed to rise in adoption of integrated continuous manufacturing (ICM) systems, technological advancements, and rise in preference for ICM systems as compared to the existing drug manufacturing systems.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/6240
By application, the global pharmaceutical continuous manufacturing market size is segregated into final drug product manufacturing and API manufacturing. At present, the final drug product manufacturing segment is the major revenue generator, and is anticipated to experience significant growth during the forecast period due to surge in adoption of continuous manufacturing systems in pharmaceutical companies to improve yield, reduced cost of pharmaceutical substances, and to develop drugs within shorter time.
Key Findings Of The Study
โข On the basis of product, the integrated continuous systems segment held more than 60% share in the global market in 2018.
โข By end user, the pharmaceutical companies segment exhibits fastest growth, and is expected to grow at a CAGR of 10.7% from 2019 to 2026.
โข Depending on application, the final drug product manufacturing segment held largest market share in 2018, and is expected to remain dominant throughout the forecast period.
โข Region wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 11.5% during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/6240
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โข Coperion GmbH
โข GEA Group AG
โข GEBRรDER LรDIGE MASCHINENBAU GMBH
โข Glatt GmbH
โข Hosokawa Micron Corporation
โข KORSCH AG
โข L.B. Bohle Maschinen + Verfahren GmbH
โข Munson Machinery Company, Inc
โข Robert Bosch Packaging Technology GmbH
โข Thermo Fisher Scientific, Inc
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