Fill Finish Manufacturing Market Worth 4.47 Billion USD by 2022

Friday, January 19, 2018 Research News
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PUNE, India, January 19, 2018 /PRNewswire/ --

According to a new market research "Fill Finish Manufacturing Market

 by product (Consumables (Vial, Prefilled Syringes (Glass, Plastic), Cartridge, Single Use Systems), Instruments), End User (Contract Manufacturing Organization, Biopharmaceutical Company, CROs) - Global Forecast to 2022", published
by MarketsandMarkets™, the global market is expected to reach USD 4.47 Billion by 2022 from USD 2.96 Billion in 2017, at a CAGR of 8.6% during the forecast period (2017-2022). Technological advancements in fill-finish products, growth of the biopharmaceutical industry, rising adoption of prefilled syringes, and increase in fill-finish outsourcing are the major factors driving this market.

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Browse 81 market data Tables and 23 Figures spread through 123 Pages and in-depth TOC on "Fill Finish Manufacturing Market"

https://www.marketsandmarkets.com/Market-Reports/fill-finish-manufacturing-market-6249609.html

Early buyers will receive 10% customization on this report

The consumables segment is expected to hold the largest market share during the forecast period 

On the basis of product, the Fill-Finish Manufacturing Market is segmented into consumables and instruments. In 2017, the consumables segment is expected to account for the largest share of the market. The dominant share of this segment can be attributed to the wide applications of vials in lyophilization, increasing demand for prefilled syringes, and the growth of the plastic prefilled syringes market.

The contract manufacturing organizations segment expected to grow at the highest rate in the next five years 

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On the basis of end user, the market is classified into contract manufacturing organizations, biopharmaceutical companies, and other end users. The contract manufacturing organizations segment is the fastest-growing segment in the Fill-Finish Manufacturing Market. This can primarily be attributed to the rising demand for outsourcing the fill-finish manufacturing process and growing number of new entrants in the biologics manufacturing market.

Europe is expected to dominate the Fill-Finish Manufacturing Market in 2017 

In 2017, Europe is expected to account for the largest share of the global Fill-Finish Manufacturing Market. The large share of the European region is mainly attributed to factors such as the emergence of biosimilar market due to patent expiry of key biologic products, rising incidence of chronic disorders, and increasing focus of major players on enhancing their presence in Europe.

The APAC region is expected to grow at the highest CAGR over the next five years. The growth of the Fill-Finish Manufacturing Market in this region is fueled by the overall growth in the biopharmaceutical industry.

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The key players operating in Fill-Finish Manufacturing Market include Becton, Dickinson and Company (US), West Pharmaceutical Services, Inc. (West Pharmaceutical Services) (US), Gerresheimer AG (Gerresheimer) (Germany), Robert Bosch GmbH (Robert Bosch) (Germany), IMA (Italy), OPTIMA (Germany), and Nipro Medical Corporation (US).

Browse Related Reports 

Pharmaceutical Packaging Equipment Market by Package (Blister, Strip, Bottle, Tube, Aseptic Packaging, Wrapping, Labeling & Serialization), Product (Tablet, Powder, Cream, Syrup, Aseptic Liquid, Aerosol) - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/pharmaceutical-packaging-equipment-market-19845828.html

Prefilled Syringes Market by Material (Glass, Plastic), Type (Conventional, Safety), Design (Dual & Single- Chamber, Customized), Region (North America (U.S.), Europe (Germany, UK, France), Asia-Pacific (Japan, India, China)) - Forecast to 2021

https://www.marketsandmarkets.com/Market-Reports/prefilled-syringes-market- 16618331.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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SOURCE MarketsandMarkets

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