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Fill Finish Manufacturing Market Size

  • Report ID: GMI8713
  • Published Date: Mar 2024
  • Report Format: PDF

Fill Finish Manufacturing Market Size

Fill Finish Manufacturing Market size was valued at around USD 9.7 billion in 2023 and is anticipated to register a CAGR of over 7.6% between 2024 and 2032. Fill finish manufacturing constitutes a crucial stage in pharmaceutical production, involving the filling of the drug product into its final container, such as vials, ampoules, syringes, or bottles, followed by sealing or capping. This process occurs after the drug substance has been manufactured and purified and often involves precise and automated equipment to ensure accuracy and sterility.

 

The fill and finish process offers advanced aseptic solutions for biopharmaceuticals, mitigating stability issues and contamination risks. Meanwhile, generic drugs enhance access to vital treatments, lower healthcare costs, and promote competition in the pharmaceutical market, potentially resulting in reduced prices for consumers. For instance, according to the American Hospital Association, in 2019, reported that the Food and Drug Administration approved 1,171 generic drugs in total. This included 935 full approvals and 236 tentative approvals. Therefore, fill-finish manufacturing plays a critical role in maintaining the integrity and safety of pharmaceutical products, particularly in the context of the increasing availability of generic medications in the healthcare industry.
 

Furthermore, increasing technological advancements in fill finish manufacturing processes and rising adoption of prefilled syringes for parenteral dosage forms are the contributing factors stimulating the growth of the market.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global fill finish manufacturing market was valued at around USD 9.7 billion in 2023 and is estimated to reach over USD 18.6 billion by 2032, as it offers advanced aseptic solutions for biopharmaceuticals, mitigating stability issues and contamination risks.

The consumables segment in the fill finish manufacturing industry is estimated to account for USD 13.6 billion by 2032, attributed to the consistency, reliability, and compatibility with filling equipment.

North America fills finish manufacturing market accounted for USD 3.9 billion in revenue in 2023, favored by the surge in technological advancements within fill finish manufacturing processes, paralleled by the flourishing biopharmaceutical industry.

Boehringer Ingelheim, Baxter International Inc., Catalent, Inc., Eurofins Scientific S.E., Fresenius SE & Co. KGaA , MabPlex International Co., Ltd., Novartis AG, Recro Pharma, Inc., Recipharm and Symbiosis Pharmaceuticals Pvt. Ltd.

Fill Finish Manufacturing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 238
  • Countries covered: 22
  • Pages: 170
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