The global fill finish manufacturing market size is expected to reach USD 20.61 billion by 2030, according to a new study by Polaris Market Research. The report “Fill Finish Manufacturing Market Share, Size, Trends, Industry Analysis Report, By Product; By End-Use; By Region (North America, Europe, Asia Pacific, Latin America, Middle East &Africa); Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for fill finish manufacturing is majorly observed in pharmaceutical and biopharmaceutical companies owing to the surging demand for vaccines and drugs to treat viruses. Furthermore, rising R&D investments in the healthcare sector to strengthen the sterile fill finish industry is one of the major factors driving demand.
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In addition, the growing demand for prefilled syringes due to their easy administration, accurate dosing, and risk from contamination is expected to bolster the fill finish manufacturing market.
Moreover, with the rapid development of parental drugs, the advancement in drug technology to deliver cost-efficient, advanced, and safe & easy administration is also considered an essential factor propelling the market growth.
The COVID-19 pandemic positively impacted the demand for the market. Due to the emergence of infectious illness all around the globe, the demand for vaccines and treatments with less human intervention took over the market, accelerating the market growth. Moreover, the rising activities of contract manufacturing organizations (CMO) to outsource various medicines and vaccines during the pandemic boosted revenue growth.
Fill Finish Manufacturing Market Report Highlights
Polaris Market Research has segmented the fill finish manufacturing market report based on product, end-use, and region:
Fill Finish Manufacturing, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Fill Finish Manufacturing, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Fill Finish Manufacturing, Regional Outlook (Revenue - USD Billion, 2018 - 2030)