Fill Finish Manufacturing Market Segmentation by Design (Single-Chamber, Dual-Chamber, and Customized Prefilled Syringes); by Usability Type (Disposable, and Reusable); by Packaging Type (Glass, and Plastic Prefilled Syringes); by Application (Diabetes, Anaphylaxis, Rheumatoid Arthritis, Vaccine, Biopharmacy, Antithrombotic, and Others); by Combination Products (Single Entity, Co-Packaged, and Cross-Labeled Combination Products); and by End-User (Contract Manufacturing Organizations, Biopharmaceutical Companies, and Pharmaceutical Companies)-Global Demand Analysis & Opportunity Outlook 2021-2031

Global Fill Finish Manufacturing Market Highlights Over 2021 - 2031

The global fill finish manufacturing market is estimated to garner a revenue of USD 15828.8 Million by the end of 2031 by growing at a CAGR of 10.70% over the forecast period, i.e., 2022 – 2031. Moreover, in the year 2021, the market generated a revenue of USD 5762.0 Million. The growth of the market can primarily be attributed to the rising incidences of different types of chronic diseases globally, which is driving the need for different types of advanced medicines to treat these diseases. For instance, the prevalence of the chronic disease, diabetes, in the year 2019, was known to be the ninth leading cause of death, according to the statistics by the World Health Organization (WHO). Moreover, in the same year, around 1.5 Million people were known to die due to the chronic disease. Further, the rise in adoption of self-injecting parental drug devices is also expected to drive the market growth in the coming years. Prefilled syringes and injection devices are gaining strong acceptance as delivery systems for injectable drugs. These are mainly used to treat chronic conditions where patients are required to self-administer their medications. With the rise in adoption of parenteral drugs, especially biologics, there is a growing need among pharmaceutical drug manufacturers to design more sophisticated container closure and drug delivery systems, which is anticipated to drive the market growth.

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On the other hand, the increasing advancements in the field of drug delivery systems, backed by the rising healthcare expenditure globally, and the surge in investments for research and developments in the field of advanced medications for different types of diseases, are also expected to drive the market growth. Besides this, it is also expected that with the development of COVID-19 vaccines to treat SARS-CoV-2 infections, these vaccines may migrate to a single-dose prefilled syringe to reduce waste and avoid the expiry of unused vaccine doses. Such a factor is also anticipated to drive the growth of the market in the coming years.

Global Fill Finish Manufacturing Market Regional Synopsis

Regionally, the global fill finish manufacturing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Europe is anticipated to garner the largest revenue of USD 6004.7 Million by the end of 2031, by growing from a revenue of USD 2425.8 Million in the year 2021. The growth of the market in the region can primarily be attributed to the presence of several pharmaceutical drug manufacturers and their focus on developing advanced drug delivery systems. The pharmaceutical industry in Europe is also one of the largest industries in the world, in terms of value of production and exports. According to the statistics by the European Federation of Pharmaceutical Industries and Associations (efpia), the value of production of the pharmaceutical industry in Europe registered USD 118642.47 Million in the year 2000, and was estimated to reach a value of USD 380401 Million by the end of 2020. The market in the region is further segmented by country into Germany, United Kingdom, France, Italy, Spain, Russia, Netherland, and the Rest of Europe. Out of these, the market in Germany is anticipated to garner the largest revenue of USD 1208.5 Million by the end of 2031, up from a revenue of USD 443.9 Million in the year 2021.

Growth Drivers and Challenges Impacting the Growth of the Global Fill Finish Manufacturing Market

Growth Drivers

• Growing Adoption of Self-Injecting Parental Devices

• Increasing Demand for Pre-Filled Syringes for COVID-19 Vaccines

Challenges

• Risks Associated with the Packaging of Pre-Filled Syringes

• Availability of Lose-Cost Alternative

Global Fill Finish Manufacturing Market Segmentation Synopsis

The global fill finish manufacturing market is segmented by design into single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes. Out of these, the single-chamber prefilled syringes segment is anticipated to generate the largest revenue of USD 11233.1 Million by the end of 2031, up from a revenue of USD 4142.3 Million in the year 2021. By usability type, the market is segmented into disposable and reusable, out of which the disposable segment is anticipated to garner the largest revenue by the end of 2031 and also grow with the highest CAGR of 10.82% during the forecast period. By packaging type, the market is segmented into glass prefilled syringes, and plastic prefilled syringes, out of which, the glass prefilled syringes segment is anticipated to garner the largest revenue by the end of 2031. By application, the market is segmented into diabetes, anaphylaxis, rheumatoid arthritis, vaccine, biopharmacy, antithrombotic, and others. Out of these, the vaccine segment is anticipated to garner the largest revenue of USD 3505.9 Million by the end of 2031, up from a revenue of USD 1224.9 Million in the year 2021. By combination products, the market is segmented into single entity combination products, co-packaged combination products, and cross-labeled combination products. Out of these, the single entity combination products segment is anticipated to garner the largest revenue of USD 7402.5 Million by the end of 2031, up from a revenue of USD 2682.6 Million in the year 2021. By end-user the market is segmented into contract manufacturing organizations, biopharmaceutical companies, and pharmaceutical companies. Out of these, biopharmaceutical companies segment is anticipated to garner the largest revenue of USD 6906.3 Million by the end of 2031, up from a revenue of USD 2469.7 Million in the year 2021.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global fill finish manufacturing market that are included in our report are Becton, Dickinson and Company, B. Braun Melsungen AG, Catalent, Inc., AbbVie Inc., Baxter International Inc., Gerresheimer AG, Medefil, Inc., SCHOTT AG, West Pharmaceutical Services, Inc., MedXL Inc., NIPRO Corporation, Terumo Corporation, Taisei Kako Ltd., Otsuka Pharmaceutical Factory, Inc., and others.

Latest Developments in the Global Fill Finish Manufacturing Market:

• December 2^nd, 2020: BD (Becton, Dickinson and Company) announced that over a period of four years, the company would invest around USD 1.2 Billion across its six global manufacturing locations to expand and upgrade the manufacturing capacity and technology for pre-fillable syringes (PFS) and advanced drug delivery systems (ADDS). The investment would also include adding a new manufacturing facility in Europe.

• June 25^th, 2020: Catalent, Inc. announced that it has collaborated with Moderna, Inc. for large-scale commercial fill-finish manufacturing of the mRNA-based COVID-19 vaccine candidate (mRNA-1273) of Moderna at the biologics facility of Catalent in Bloomington, Indiana.

Key Reasons to Buy Our Report

• The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.

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Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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