Press release
Pharmaceutical Fluid Handling Market: Rapid Expansion Forecasted with $15.67 Billion Valuation by 2029
Pharmaceutical Fluid Handling Market Size
What Is The Projected Market Size Of The Global Pharmaceutical Fluid Handling Market And Its Growth Rate?
The Pharmaceutical Fluid Handling Market is witnessing steady growth across the globe. Key insights include:
• The market grew from $11.86 billion in 2024 to $12.38 billion in 2025, showing a CAGR of 4.4%.
• The growth experienced during this period correlated with the emphasis on regulatory standards and compliance, technology integration, quality control, drug delivery innovation, and laboratory automation.
• The market is projected to reach $15.67 billion in 2029, with a CAGR of 6.1%.
• This future growth can be attributed to precision medicine and personalized therapies, the rise in biologic manufacturing, increased outsourcing in pharma, growth in emerging markets, and flexible manufacturing platforms.
What Is Driving The Growth In The Pharmaceutical Fluid Handling Market?
The pharmaceutical fluid handling market is getting a significant boost from the rise in pharmaceutical drug production. This process involves the manufacturing of pharmaceutical substances, medications, or drugs, with fluid handling technology playing a critical role for its accurate and efficient liquid and fluid containment during production. According to the European Federation of Pharmaceutical Industries and Associations, the total pharmaceutical production in Europe reached €390,000 million ($422,803 million) in 2023, increasing from €363,300 million ($393,857 million) in 2022. This growing demand for pharmaceutical drugs is a major driver for the expansion of the pharmaceutical fluid handling market.
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Who Are the Key Players Driving Pharmaceutical Fluid Handling Market Growth?
The pharmaceutical fluid handling market is propelled by several major companies, including:
• Pfizer Inc.
• Johnson & Johnson Pvt. Ltd
• F. Hoffmann-La Roche AG
• Merck & Co. Inc.
• AbbVie Inc.
• Thermo Fisher Scientific Inc.
• GlaxoSmithKline plc
• Danaher Corporation
• Gilead Sciences Inc.
• Amgen Inc.
What Are The Key Trends In The Pharmaceutical Fluid Handling Market?
Major trends shaping the future of the market include:
• Focus on training and skill development
• Development of closed systems
• Decentralized manufacturing models
• Increased use of nanotechnology
• Adoption of smart sensors and IoT devices
What Are The Segments Of The Global Pharmaceutical Fluid Handling Market?
The global Pharmaceutical Fluid Handling market is classified as per varying categories:
• By Offering: Equipment And Solutions, Services
• By Tubing: Thermoplastic Elastomers, Polyvinyl Chloride, Silicone
• By Usage: Cough Syrup, Intravenous Product, Complex Active Pharmaceutical Ingredients, Other Usage
• By Application: Fluid Handling And Management, Fluid Preparation, Integration And Automation, Buffer Management, Other Applications
• By End User: Biotechnology Companies, Pharmaceutical And Medical Companies, Other End Users
Which Region Leads The Pharmaceutical Fluid Handling Market?
In 2024, North America held the largest share of the global pharmaceutical fluid handling market. However, Asia-Pacific is anticipated to emerge as the fastest-growing region during the forecast period.
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What Is Covered In The Pharmaceutical Fluid Handling Market Global Market Report?
- Market Size Analysis: Analyze the Pharmaceutical Fluid Handling Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharmaceutical Fluid Handling 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 Fluid Handling Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharmaceutical Fluid Handling Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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