USD 8.3 billion
Fill Finish Manufacturing Market Size, Share, Growth Analysis, By Product(Consumables [Vials (Glass Vials, Plastic Vials), Vial Stoppers, Pre-Fillable Syringes (By Component {Pre-Fillable Syringe Systems & Components), By End User(Contract Manufacturing Organizations, Pharmaceutical & Biopharmaceutical Companies, Other End Users), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35H2229 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|Tables:
60
|Figures:
75
Fill Finish Manufacturing Market Insights
Fill Finish Manufacturing Market size was valued at USD 16.5 billion in 2022 and is poised to grow from USD 17.95 billion in 2023 to USD 35.25 billion by 2031, growing at a CAGR of 8.80% during the forecast period (2024-2031)
Governments, pharmaceutical and biotechnology companies all over the world are fighting the coronavirus disease COVID-19 pandemic. For this the emphasis is on vaccine development to solve the logistical problem of drugs. Furthermore, there is an additional 155 drug compounds and nearly 115 of those are vaccine candidates currently in the research and development stage. A significant increase in demand has also been observed for widely used medications like hydroxychloroquine, which is used to treat COVID-19. Demand for the medication is rising, which has created enormous prospects for producers of COVID-19 management medications as the medication is in short supply in many wealthy nations.
It is therefore expected that the pharmaceutical and biotechnology industries would experience significant growth in the next years due to the need for COVID-19 vaccines and treatment medications. Growing technological developments in fall-finish manufacturing processes, which are made to satisfy consumer demand, are the main driver influencing the sector. The biopharmaceutical sector is growing rapidly, which will help the sector acquire momentum in the years to come. Prefilled syringes for parenteral dose forms are also becoming increasingly popular, which will help the business grow over the next years.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Consumables
Fastest Growth
Consumables
Growth Rate
11.7% CAGR
Global Fill Finish Manufacturing Market ($ Bn)
Country Share by North America (%)
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Fill Finish Manufacturing Market Segmental Analysis
Global Fill Finish Manufacturing Market is segmented by Product, End User, and region. Based on Product, the market is segmented into Consumables, Instruments. Based on End User, the market is segmented into Contract Manufacturing Organizations, Pharmaceutical & Biopharmaceutical Companies, Other End Users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Product
As per categorization by Product, the market is classified as consumables, vial stoppers, pre-fillable syringes, cartridges, instruments, and other consumables. Among these, consumables earned the largest share and continue to dominate the market. Global advancements in consumables for fill-finish manufacturing are centered around enhancing the safety, sterility and effectiveness of drug packaging and delivery systems. These items prevail as they are important in maintaining the process free from any form of contamination and the need for them is growing due to development in biology and advent of tailored medicines.
Instruments are expected to be the most lucrative market segment in the global fill-finish manufacturing market as a result of advancing technology in automation and precision. Owing to the need of the pharmaceuticals manufacturing companies for improving the production process and reducing errors during the filling process advanced instruments such as automated filling and inspection devices are rapidly spreading. These allow for the quicker and precise processing of intricate biologics and parenteral drugs. This is important as there is a rising global demand for advanced therapies and vaccines.
Analysis by End User
Contract Manufacturing Organizations (CMOs) are driving innovation in the global fill finish manufacturing market through cutting-edge technologies, scalable production, and specialized expertise in biologics. Due to their ability to provide cost-effective solutions, quick turnaround times in pharmaceutical production, and adjustable capacity for the increasing demand for sophisticated drug production, CMOs rule the market.
Pharmaceutical and biopharmaceutical companies are projected to be the fastest-growing segment in the global fill-finish manufacturing market due to the surge in biologics, vaccines, and personalized medicines. Such companies unwittingly allocate more resources on high-tech fill-finish facilities to comply with very strict quality control conventions and facilitate the manufacturing of high-quality sterile drugs. The expanding pipeline of biologics and cell and gene therapy’s almost single handedly adds to their requirement for custom-made manufacturing processes leading to the rapid expansion of this industry.
Global Fill Finish Manufacturing Market By Product (%)
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Fill Finish Manufacturing Market Regional Insights
The global fill finish manufacturing market is largely led by Europe owing to the region's numerous well established pharmaceutical and biopharmaceutical companies, supportive regulatory policies, and an elaborate healthcare system. Due to its focus on therapeutics, particularly R&D in biologics and vaccines, the region is constantly on the demand for high quality fill-finish solutions. Furthermore, in the region, high standards of manufacturing processes coupled with compliance to Good Manufacturing Practices (GMP) guarantees the safety and quality of the products making the region a hot spot for the manufacture of drugs. Primary countries such as Germany, Switzerland and the United Kingdom are at the forefront of advanced technology and specialty manufacturing resulting in a further strengthening of Europe’s presence in the global fill finish manufacturing market.
North America is the fastest-growing region in the global fill finish manufacturing market due to its strong pharmaceutical and biotechnology industry, high investment in drug development, and increasing demand for advanced biologics and personalized medicine. The region’s rapid adoption of cutting-edge manufacturing technologies, such as automation and robotics, enhances production efficiency and capacity. Likewise, the positive environment for regulations offered by agencies such as the FDA along with high government spending on research and vaccine production enhances growth even more. Moreover, the presence of some of the top biopharma companies within the United States and Canada serves as a catalyst for innovation and growth which in turn propels the momentum of the market within North America.
Global Fill Finish Manufacturing Market By Geography
- Largest
- Fastest
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Fill Finish Manufacturing Market Dynamics
Drivers
Rising Biologics Demand
- This is principally due to the growing consumption of biologics, such as vaccines, monoclonal antibodies, and gene therapy, which are the biologics, fill finish manufacturing. Again, due to the complexity of these drugs, retaining their sterility during the filling and packaging processes comes at a cost, and these facilities are investing in new fill-finish technologies to cater for the increased demand for the safe and efficient production of biologic drugs.
Rising Biologics Demand
- This is principally due to the growing consumption of biologics, such as vaccines, monoclonal antibodies, and gene therapy, which are the biologics, fill finish manufacturing. Again, due to the complexity of these drugs, retaining their sterility during the filling and packaging processes comes at a cost, and these facilities are investing in new fill-finish technologies to cater for the increased demand for the safe and efficient production of biologic drugs.
Restraints
Limited Skilled Workforce
- The worldwide fill finish manufacturing industry is experiencing a deficit of competent specialist's adept at working with cutting-edge manufacturing equipment and software. This deficiency adversely affects the efficient uptake of automation and other advancements, especially where the local pharmaceutical sector is underdeveloped, hence stifling market growth and modernization in general.
Supply Chain Disruptions
- Interruptions in the supply chain, for instance, inadequacy of primary materials, packing materials, equipment among others can affect fill-finish contract manufacturing. For instance, the ongoing health crisis, politics of different countries, and problems in transportation may result in the slowing down and rising of costs which pose risks to the manufacturers and thus affect the consistent expansion of the market.
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Fill Finish Manufacturing Market Competitive Landscape
The global fill finish manufacturing market is highly competitive with the presence of major global players engaged in innovation, automation and expansion of biologics. Some of the companies dominating the sterile fill-finish solutions market include Becton, Dickinson and Company, Syntegon Technology, West Pharmaceutical Services and IMA Group. The companies remain competitive due to strategic partnerships, mergers, and development of new technologies in response to increasing demand for complex biologics and injectable drug manufacturing all over the globe.
Top Player’s Company Profiles
- I.M.A. S.P.A. (Italy)
- BD (Becton, Dickinson and Company) (US)
- West Pharmaceutical Services, Inc. (US)
- Gerresheimer AG (Germany)
- AptarGroup, Inc. (US)
- Datwyler Holding Inc. (Switzerland)
- Berry Global, Inc. (US)
- Tevanato Group S.P.A. (Italy)
- Optima (Germany)
- Bausch+Strobel (Germany)
- Groninger & Co. GmbH (Germany)
- SGD Pharma (France)
- Schott (Germany)
- Nipro Corporation (Japan)
- Bausch Advanced Technology Group (US)
- Maquinaria Industrial Dara, SL (Spain)
- Steriline S.R.L. (Italy)
- Automated Systems of Tacoma, LLC (US)
- SiO2 Materials Science (US)
- Weiler Engineering, Inc. (US)
- Fedegari Autoclavi S.P.A. (Italy)
- DWK Life Sciences (Germany)
- Rochling SE & Co. KG (Germany)
- Terumo Corporation (Japan)
- Pacific Vial Manufacturing Inc. (US)
- SP Industries (US)
Recent Developments
- In July 2024, Becton, Dickinson and Company proudly announced the launch of a new automated filling system to improve production output for biologics. The purpose of this new solution is to improve the fill-finish stage in a faster and more precise manner as well as reducing contamination risk which addresses the rising demand for safe injectable treatments.
- In August 2024, West Pharmaceutical Services unveiled a new line of advanced syringe components that incorporate smart technology for better dose accuracy and tracking. For ensuring the safe and effective delivery of biologics due to the increasing demand in personalized medicine this development improves the fill-finish manufacturing process.
- In September 2024, in order to improve and increase its fill finish capabilities, Catalent Inc. bought an advanced facility in one of the countries in Europe. This development enables the Catalent to increase production capabilities for aseptic filling of injectables and biologics in accordance with a maintained high level of quality that can endure global challenges of high standards of drug manufacturing.
Fill Finish Manufacturing Key Market Trends
- Surge in Biologics and Biosimilars Demand: The increasing necessity for biologics and biosimilars is greatly influencing the global fill-finish manufacturing market. With more and more manufacturers trying to produce innovative therapies, the manufacturers are putting resources into more technologies and processes that will increase production efficiency, quality, and compliance with high standards of these complex drugs.
- Increased Adoption of Automation and AI: There is a growing trend towards the incorporation of automation and artificial intelligence in the fill-finish manufacturing market. These technologies are adopted by businesses to improve the processes of production, increase precision, and minimize errors caused by humans. This is boosting functional effectiveness and reducing operational costs, thus making it hard to imagine modern day pharmaceutical manufacturing without automation.
Fill Finish Manufacturing Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global fill finish manufacturing market is poised for significant growth, driven by the increasing demand for biologics, vaccines, and personalized medicines. The efficiency of production is also improved, the quality maintained, and standards met – due to innovations in automation and other advanced technologies.
Across various sectors, including the pharmaceutical and biotechnology industries, there are many challenges, such as a lack of a skilled workforce and disruptions in the supply chain yet the industry is on the growth path. The sector, having to deal with the increasing intricacies of drug manufacture, remains a key player in the provision of safe and effective medicine to patients around the globe.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 16.5 billion |
| Market size value in 2031 | USD 35.25 billion |
| Growth Rate | 8.80% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Fill Finish Manufacturing Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Fill Finish Manufacturing Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Fill Finish Manufacturing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fill Finish Manufacturing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fill Finish Manufacturing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Fill Finish Manufacturing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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