Fill Finish Manufacturing Market Size and Share Growing at a CAGR of 9.6% - Leadding companies SGD Pharma, Maquinaria Industrial Dara, OPTIMA

North America dominated the global fill finish manufacturing market in 2019 and accounted for approximately half of the market revenue. The market growth in the region is credited to the extensive research and development activities, and technological advancements in the manufacturing of innovative biopharmaceutical and pharmaceutical products. The consumables segment is expected to register a higher CAGR in the market during the forecast period. On the basis of end user, the market is segmented into contract manufacturing organizations, biopharmaceutical companies, and other end users. The contract manufacturing organizations segment dominated the fill finish manufacturing market in 2019.

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Fill finish manufacturing market was valued at US$ 6,129.03 million in 2019 and is projected to reach US$ 12,547.23 million by 2027; it is expected to grow at a CAGR of 9.6% during 2020-2027.

The filling of sterile drugs into prefilled syringes is considered one of the most crucial steps in the pharmaceutical production process. Proper fill finish operations are necessarily carried out under aseptic conditions to maintain pharmacological efficacy and quality and to ensure the safety of end users. The syringe filling is a complex operation as it requires close monitoring of both the syringe fill volume as well as the headspace between liquid in the syringe and bottom of the plunger. Additionally, the rise in complexity of small molecule active pharmaceutical ingredient (APIs) and the increasing diversity of biologic drugs also contribute to the demand for advanced aseptic fill finish operations.

Becton, Dickson and Company, West Pharmaceutical Services, Gerresheimer AG, Robert Bosch GmbH, IMA Industria Macchine Automatiche S.p.A., OPTIMA, Bausch+Strobel, Groninger and Co. GmbH, Maquinaria Industrial Dara, NIPRO MEDICAL CORPORATION, SCHOTT AG, SGD Pharma, and Stevanato Group are among the key companies operating in the global fill finish manufacturing market. Leading players are focusing on the expansion and diversification of their market presence, and acquisition of new customer base, thus tapping prevailing business opportunities.

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In December 2020, BD invested US$ 1.2 billion in its pre-fillable syringe manufacturing capacity to fund capacity expansion, new product innovations, and manufacturing technology enhancements. As a result, the company's new manufacturing facility in Europe is expected to be operational by the end of 2023.

In February 2019, West Pharmaceutical and Scission AG entered into a partnership for the development of integrated solution for clinical filling of SmartDose drug delivery platform cartridges. Swissfillon AG is a provider of aseptic fill and finish services; through this partnership, it is expected to offer fill-finish capabilities to customers using West's SmartDose drug delivery platform for complex molecules.

In terms of product, the consumables segment is anticipated to register a higher CAGR in the fill finish manufacturing market during the forecast period. The greater sales of consumables is mainly attributed to higher replacement rate than instruments as the former has short shelf life and are required in large quantities. The consumables segment accounted for more than 58.66% share in the fill finish manufacturing market in 2019. In terms of end user, the market for the contract manufacturing organizations segment is expected to grow at the fastest CAGR during the forecast period.

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