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Pharmaceutical Continuous Manufacturing Market: Size, Growth Rate, Key Drivers, and Emerging Trends
Pharmaceutical Continuous Manufacturing Market
What Is The Projected Market Size Of The Global Pharmaceutical Continuous Manufacturing Market And Its Growth Rate?
•The pharmaceutical continuous manufacturing market is showing significant growth. By 2025, it is expected to attain a market size of $2.72 billion from $2.47 billion in 2024, forecasting a compound annual growth rate (CAGR) of 10.2%.
•Various factors contribute to this growth, including improvements in quality and efficiency, reduction in time-to-market, cost reduction, and operational efficiency.
•Moreover, key drivers of its growth are regulatory support, flexibility, scalability, and guidelines.
•By 2029, the rapid growth trend is expected to continue, reaching $4.15 billion at a CAGR of 11.2%.
•The increase in generic drug production, biopharmaceutical manufacturing, personalized medicine manufacturing, and focus on patient-centric approaches stimulate this growth.
What Is Driving The Growth In The Pharmaceutical Continuous Manufacturing Market?
Increased prevalence of chronic ailments is a pivotal driver for the growth of the pharmaceutical continuous manufacturing market. Chronic ailments that persist for a year or longer, require ongoing medical treatment, and interfere with daily activities necessitate an efficient system for medication production. Continuous manufacturing helps pharmaceutical companies streamline medication production, reduce costs, and expand access to essential drugs, particularly crucial for managing chronic conditions requiring long-term medication use. As per the report published by the National Association of Chronic Disease Directors (NACDD) in April 2022, about 60% of adult Americans have a minimum of one chronic disease, and around 40% have multiple chronic conditions (MCC), influencing the US economy with $2 trillion annually or $8,600 per person by 2030. Hence, the growing prevalence of multiple chronic ailments is expected to drive the pharmaceutical continuous manufacturing market.
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Who Are the Key Players Driving Pharmaceutical Continuous Manufacturing Market Growth?
•Pfizer Inc.
•Robert Bosch GmbH
•Siemens AG
•Novartis AG
•Thermo Fisher Scientific Inc.
•GlaxoSmithKline Plc.
•Eli Lilly and Company
•Corning Inc.
•Vertex Pharmaceuticals
•Lonza Group Ltd.
•GEA Group AG
•Catalent Inc.
•Mettler Toledo
•Patheon
•Cytiva
•Samsung Biologics Co.Ltd.
•WuXi Biologics
•Syntegon Technology GmbH
•Coperion GmbH
•Hosokawa Micron Group
•FUJIFILM Diosynth Biotechnologies
•Leistritz AG
•Glatt GmbH
•Freund-Vector Corp.
•SK biotek Co. Ltd.
•Gericke AG
•GEBRÜDER LÖDIGE MASCHINENBAU GmbH
•Munson Machinery Company Inc.
•L.B. Bohle Maschinen und Verfahren GmbH
•KORSCH AG
•Chemtrix BV
What Are The Key Trends In The Pharmaceutical Continuous Manufacturing Market?
Key trends in the market include:
•Adoption of continuous manufacturing
•Integration of process analytical technology
•Use of advanced automation and robotics
•Strategic collaborations and partnerships
•Digitalization and connectivity
What Are The Segments Of The Global Pharmaceutical Continuous Manufacturing Market?
1) By Product: Integrated Continuous System, Control And Software, Semi-Continuous System
2) By Therapeutics Type: Large Molecule, Small Molecule
3) By Formulation: Solid Formation, Liquid And Semi-Solid Formation
4) By Application: Final Drug Product Manufacturing, Active Pharmaceutical Ingredient (API) Manufacturing
5) By End-Users: Pharmaceutical Companies, Contract Manufacturing Organization, Other End-Users
Which Region Leads The Pharmaceutical Continuous Manufacturing Market?
Western Europe was the dominant region in the pharmaceutical continuous manufacturing market in 2024. The report further projects Asia-Pacific as the fastest-growing region in the forecast period. The report covers market data for several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Pharmaceutical Continuous Manufacturing Market Global Market Report?
- Market Size Analysis: Analyze the Pharmaceutical Continuous Manufacturing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharmaceutical Continuous Manufacturing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pharmaceutical Continuous Manufacturing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharmaceutical Continuous Manufacturing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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