According to the new market research report, "Fill Finish Manufacturing Market by Product (Consumables (Prefilled Syringes (Glass, Plastic), Vial], Instruments (Systems (Stand alone, Integrated), Machine Type (Automated, Manual))), End User (CMO, Biopharmaceutical Company) - Global Forecast to 2025" 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.

Global Industry Growth Boosting Factors:

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.

Overview:

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.

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Report Objectives:

# To define, describe, segment, and forecast the global fill-finish manufacturing market by product, end user, and region.

# To provide detailed information regarding the major factors influencing the growth of the market such as drivers, restraints, opportunities, industry-specific challenges, and trends.

# To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall fill-finish manufacturing market.

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for market players.

# To forecast the size of the fill-finish manufacturing market with respect to five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

# To strategically profile the key players in the market and comprehensively analyze their market rankings and core competencies.

# To track and analyze competitive developments such as acquisitions, agreements, collaborations, partnerships, product launches, and expansions in the fill-finish manufacturing market.

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.

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Key Market Players:

The major companies in the 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).