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Fill-finish Pharmaceutical Contract Manufacturing Market Size

  • Report ID: GMI9281
  • Published Date: Apr 2024
  • Report Format: PDF

Fill-finish Pharmaceutical Contract Manufacturing Market Size

Fill-finish Pharmaceutical Contract Manufacturing Market was valued at USD 7.7 billion in 2023 and is anticipated to grow at a CAGR of 6.2% between 2024 – 2032. One of the primary drivers is the increasing demand for biopharmaceuticals and parenteral drugs, that require specialized filling and finishing processes.

 

Additionally, the rise in outsourcing of pharmaceutical manufacturing by pharmaceutical companies to reduce costs and focus on core competencies is boosting the demand for contract manufacturing services. Moreover, the complexity of drug formulations and the need for advanced technologies and expertise in aseptic filling and finishing are also fueling market growth. Furthermore, the growing prevalence of chronic diseases and the need for novel drug delivery systems are contributing to the expansion of the market.
 

Fill-finish pharmaceutical contract manufacturing refers to the process of filling drug products into their final dosage form (such as vials, syringes, or cartridges) and finishing them for distribution. This process is crucial for ensuring the safety, efficacy, and quality of pharmaceutical products. Contract manufacturing organizations (CMOs) specialize in fill-finish services, offering expertise in aseptic processing, sterile filling, lyophilization (freeze-drying), and packaging.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size for fill-finish pharmaceutical contract manufacturing was valued at USD 7.7 billion in 2023 and is anticipated to grow at 6.2% CAGR between 2024 – 2032, driven by the increasing demand for biopharmaceuticals and parenteral drugs requiring specialized filling and finishing processes.

The vials segment in the fill-finish pharmaceutical contract manufacturing market accounted for USD 4.1 billion in 2023, due to their durability, sterility, and ease of use.

North America fill-finish pharmaceutical contract manufacturing market is anticipated to grow at 5.9% CAGR from 2024 to 2032, attributed to the advanced healthcare infrastructure and a strong regulatory framework.

Boehringer Ingelheim International GmbH, Catalent Inc, Eurofins Scientific, Fresenius Kabi Contract Manufacturing, MabPlex International Co. Ltd., Novartis AG, Recipharm AB, Societal CDMO, Simtra BioPharma Solutions (Baxter International Inc.) and Symbiosis Pharmaceutical Services

Fill-finish Pharmaceutical Contract Manufacturing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 319
  • Countries covered: 22
  • Pages: 182
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