Overview of This Research:

The study involved two major activities in estimating the current market size of the fill finish manufacturing market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Recent Developments:

# In 2017, Syntegon Technology GmbH (Germany) launched a technologically advanced filling and closing machine, ALF 5000.

# In 2017, IMA S.P.A. (Industria Macchine Automatiche) launched an integrated fill-finish machine, INJECTA.

Key Questions Addressed by the Report:

# Who are the major market players in the fill finish manufacturing market?
# What are the regional growth trends and the largest revenue-generating regions in the fill-finish manufacturing market?
# What are the major drivers and challenges in the fill-finish manufacturing market?
# What are the major product segments of the market?
# What are the major end-users for fill finish manufacturing?

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Europe accounted for the largest market share during the forecast period.

The fill finish manufacturing market is divided into five major regions-Europe, North America, Asia Pacific, LATAM, and MEA. Europe accounted for the largest share of the global market, closely followed by North America. Factors such as the emergence of the biosimilar market due to the patent expiry of key biologic products, rising incidence of chronic disorders, and the increasing focus of major players on increasing their presence in this region are driving the growth of the fill-finish manufacturing industry in Europe.

The Asia Pacific region is expected to witness the highest CAGR during the forecast period, mainly due to overall growth in the biopharmaceutical industry. The growth of the APAC biopharmaceutical market is attributed to factors, such as increasing investments by CMOs & key biopharmaceutical players, increasing government support, developments in R&D infrastructure, and expertise & academic excellence in the APAC region.

Expected Revenue Surge:

The global fill finish manufacturing market size is projected to reach USD 12.1 billion by 2025 from USD 7.5 billion in 2020, at a CAGR of 10.0% during the forecast period.

Factors Influencing Global Industry Growth:

The major factors driving the growth of this market include rising technological advancements in fill finish manufacturing processes, the growth of the biopharmaceutical industry, and the rising adoption of prefilled syringes for parenteral dosage forms.

Background Study:

# Building a basic understanding of the fill finish manufacturing market
# Analyzing the MarketsandMarkets data repository, followed by drawing and updating data tables using current information
# Identifying data gaps and key global players in product and end user segments

Market Understanding:

# Identifying stakeholders and key decision-makers in different regions
# Identifying the selection criteria of key decision-makers
# Analyzing the competitive landscape
# Identifying major players with their product portfolios
# Analyzing strategies adopted by players to position different types of products
# Analyzing the regional/country-level markets

Trends:

# Identifying and analyzing key products and trends to draw notes and include considerations in the final forecasts
# Identifying the major drivers, opportunities, and challenges prevailing in the fill-finish manufacturing market
# Identifying industry trends
# Analyzing the regulatory landscape

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Global Leaders:

The prominent players in the global fill finish manufacturing market include Becton, Dickson and Company (US), Syntegon Technology GmbH (Germany), I.M.A. (Industria Macchine Automatiche) S.p.A. (Italy), Stevanato Group (Italy), West Pharmaceutical Services, Inc. (US), OPTIMA Packaging Group GmbH (Germany), Bausch+Strobel (Germany), Groninger & Co. GmbH (Germany), and Gerresheimer AG (Germany). These players have adopted various growth strategies such as product launches, acquisitions, agreements, partnerships, and expansions to increase their presence in the global fill-finish manufacturing industry.

Becton, Dickinson and Company (US) is the leading player in the global fill finish manufacturing market. The Pharmaceutical Systems division of the firm’s Medical segment deals with prefilled syringes. This subsegment reported an increase in revenue of approximately USD 7 billion in FY 2019 as compared to 2018. This increase indicates positive sales growth in pharmaceutical drug delivery systems, inclusive of prefilled syringes. It is expected to witness strong sales in the fill-finish manufacturing industry during the forecast period. The major end-user of these syringes are pharmaceutical companies that use them as containers for injectable pharmaceutical products. These products are then placed in the market as drug/device combinations.

Syntegon Technology GmbH (Germany) is another leading player in the global fill finish manufacturing market. In 2019, the company’s revenue was about USD 1.4 billion. The company offers an extensive product portfolio in the market through its machinery systems segment, which includes a wide range of automated standalone machines, integrated systems, and barrier systems such as isolator systems and RABS. Over the years, isolators and RABS have witnessed increasing adoption by many pharmaceutical and biopharmaceutical companies to maintain high-quality product standards. The company focuses on product innovation to strengthen its position in the market. For instance, in 2017, the company launched its technologically advanced filling and closing machine¬, ALF 5000. Such product launches will strengthen the position of Syntegon Technology in the fill-finish manufacturing market.

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