Insights on the Fill Finish Manufacturing Global Market to 2028 - Players Include Becton, Dickson and Company, Gerresheimer, Syntegon Technology and West Pharmaceutical Services - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 12, 2023--
The “Global Fill Finish Manufacturing Market Size, Share & Industry Trends Analysis Report by End-user, Product, Regional Outlook and Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The Global Fill Finish Manufacturing Market size is expected to reach $16.1 billion by 2028, rising at a market growth of 9.5% CAGR during the forecast period.
Fill-finish involves intricate mechanical engineering filling, fluid, and solid pouring, and sealing systems - far more so than bioprocessing. A sterile medicine is delivered from filling needles to a sterile container, typically a vial or prefilled syringe, in an aseptic fill finish. The stopping (closing) of a container usually happens later, except in situations where medicine needs to be sterilely compressed.
It is a crucial step in the production of biopharmaceuticals. It is crucial to recognize how crucial these later-stage growth processes are. Innovation could be a silent killer, especially in a fill-finish process. But because fill-finish is so crucial to the biopharmaceutical production process, even the tiniest errors frequently result in product failure, which equals a total loss for a product that is already pricey.
Consumers depend on drugs like vaccines, nasal sprays, ear drops, and eye drops to be sterile, sanitary, and free from contamination almost every day. Parenteral products can have major negative effects, such as a fever or infection, if something non-sterile is added to the eye, or injected into muscle, skin, or vein. This is because parenteral products are given through injection or introduction to fragile mucus membranes.
Market Growth Factors:
Fill-Finish Manufacturing Techniques Are Advancing Technologically
The uses of isolators and restricted-access barrier systems (RABS), which establish reliable sterile manufacturing environments and successfully isolate human operators from the fill-finish process, is a technological achievement in aseptic fill-finish operations. Barrier isolation systems, which are combined fill-finish machines capable of performing all steps of fill-finish processes, are being developed by many device manufacturers in the fill-finish manufacturing sector.
Developing Industries Of Fill Finish Manufacturing
Manufacturers have been able to increase capabilities by utilizing technology aimed at reducing costs and amortizing capital investments over several products due to the emergence of biologic drugs regulatory paths. The need for locally produced biologics is being driven by rising living standards around the world as well as the desire of many governments to have enough vaccine and biologic manufacturing to service their populations.
Marketing Restraining Factor:
Maintaining Sterility In A Fill-Finish Manufacturing Operation Can Be Difficult
Compared to non-sterile processes, aseptic fill-finish operations are more dangerous. For process execution, they need careful planning, qualified employees, and specialized facilities & equipment. Maintaining sterility is crucial because any contamination can result in significant financial losses and have a profound impact on the lives of patients. All of the components in aseptic fill-finishing operations must be sanitized before use. Sterility of the product is essential for assuring patient safety while using it.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Pharmaceutical & Biopharmaceutical Companies
- Contract Manufacturing Organizations
- Prefilled Syringes
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Becton, Dickson, and Company
- Gerresheimer AG
- Syntegon Technology GmbH
- West Pharmaceutical Services, Inc.
- OPTIMA packaging group GmbH
- IMA Group
- Marchesini Group S.p.A.
- Nipro Corporation
- Schott AG (Carl-Zeiss-Stiftung)
- SGD Pharma
For more information about this report visit https://www.researchandmarkets.com/r/sojd
View source version on businesswire.com:https://www.businesswire.com/news/home/20230112005738/en/
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INDUSTRY KEYWORD: MACHINERY OTHER MANUFACTURING MANUFACTURING
SOURCE: Research and Markets
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PUB: 01/12/2023 12:47 PM/DISC: 01/12/2023 12:47 PM