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Global fill finish manufacturing market is anticipated to grow at a CAGR of 15.1% during the forecast period (2024-2031).

12-04-2024 07:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global fill finish manufacturing market is anticipated to grow

Global fill finish manufacturing market is anticipated to grow at a CAGR of 15.1% during the forecast period (2024-2031). The market growth is attributed to the growing use of pre-filled syringes for parenteral dosages, growing demand for vaccines and biologics, and increasing pharmaceutical and biotechnology applications globally driving the growth of the market. The demand for fill-finish capabilities is growing owing to several factors, such as larger drug development pipelines, a shift toward more complex medications (primarily the rise in biologics), the need for flexibility during the manufacturing process, and stricter regulatory requirements.

The increasing strategic investment expands the BPS manufacturing footprint and adds state-of-the-art equipment designed to help products achieve stability and improved shelf life through lyophilization (freeze drying). It also adds an aseptic syringe filling line, enabling BPS to meet the growing demand for this delivery platform in both Europe and the US. For instance, in November 2021, Baxter International Inc. announced a $100.0 million investment in BioPharma Solutions Halle/Westfalen, Germany sterile fill/finish manufacturing facility. This facility is operated by BioPharma Solutions (BPS), a business unit of Baxter that specializes in partnering with pharmaceutical and biotech companies on the development and contract manufacturing of drug products for parenteral (injectable) pharmaceuticals.

For filled vials, syringes, cartridges, and other medical-grade items, fill and finish processes are necessary to ensure that the appropriate amount of sterile and contamination-free products are added and sealed consistently. Market players expanding commercial filling lines to efficiently boost the capacity of aseptic manufacture for a global clientele. For instance, in October 2023, Vetter Pharma-Fertigung GmbH & Co. KG announced an investment of €230.0 million ($248.9 million) in several new commercial filling lines to effectively increase aseptic manufacturing capacity for the global customer base. The expansion of filling capacity through new commercial production lines at other sites in the EU, the expansion in cool storage and warehousing, as well as a new technical equipment warehouse.

To Request a Sample of our Report on Fill Finish Manufacturing Market: https://www.omrglobal.com/request-sample/fill-finish-manufacturing-market

Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered-

By Product
By End-Users

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- AbbVie Inc., Baxter International Inc., Becton, Dickinson and Company (BD), Novartis AG, Pfizer Inc., among others.

Fill Finish Manufacturing Market Report Segment

By Product

Vial
Prefilled Syringes
Cartridge
Other (Consumables)

By End-Users

Pharmaceutical & Biotechnology Companies
Contract Manufacturing Organization
Others

A full Report of Fill Finish Manufacturing Market is Available @ https://www.omrglobal.com/industry-reports/fill-finish-manufacturing-market

Fill Finish Manufacturing Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles

Almac Group
Boehringer Ingelheim International GmbH
Catalent, Inc.
6Cytovance Biologics
Fresenius Kabi Contract Manufacturing
Gerresheimer AG
Grifols, S.A.
Jubilant HollisterStier LLC
Lonza Group Ltd.
Nipro Corp.
Piramal Pharma Solutions
Recipharm AB
Sandoz Group AG
Sartorius AG
Thermo Fisher Scientific Inc.
Vetter Pharma-Fertigung GmbH & Co. KG
West Pharmaceutical Services, Inc.
WuXi Biologics Co., Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fill-finish-manufacturing-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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