The global pharmaceutical aseptic transfer market size is expected to reach USD 2,497.58 million by 2032, according to a new study by Polaris Market Research. The report “Global Pharmaceutical Aseptic Transfer Market Size, Share, Trends, Industry Analysis Report: By System Type, By Usability, By Transfer Type, By End-User And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Market Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The pharmaceutical aseptic transfer market is witnessing significant growth as aseptic processing and transfer are crucial techniques for producing sterile biopharmaceutical products. It enhances product quality, increases product availability and affordability, and maintains patient health.
Moreover, there is a greater emphasis on training and educating personnel and other operators to ensure hygiene and compliance with FDA-approved practices. The rising number of chronic diseases and the increasing patient population results in industries investing and expanding for the advancements of drug discovery and development, thereby fueling market growth.
For instance, in February 2024, Bristol Myers Squibb allocated $400 million towards constructing a sterile drug product facility in Ireland. This investment aims to enhance the capabilities of producing aseptic drug products, ensure consistent global supply, and expedite the advancement and launch of cutting-edge biologic therapies.
Further, the rise in demand for secure and sterile transfer of active pharmaceutical ingredients and other formulation ingredients in aseptic processing has led to the development of different techniques, such as aseptic processing and isolators. This, in turn, is driving the market for pharmaceutical aseptic transfer during the forecast period.
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In recent years, aseptic connectors have significantly driven the expansion of the pharmaceutical aseptic transfer market. They enhance safety, efficiency, and flexibility in sterile fluid handling processes. Aseptic connectors enable quick and reliable sterile connections between various components such as bags, tubing, and containers, minimizing the risk of contamination during transfer operations. They also support single-use systems by facilitating the assembly and disassembly of disposable components. This streamlines manufacturing processes by reducing downtime and operational costs. For example, in April 2023, CPC, a division of Dover Corporation, launched the AseptiQuik W Series, the largest aseptic connector in the biopharmaceutical industry. This innovation significantly reduces fluid transfer time across bioprocesses.
Pharmaceutical Aseptic Transfer Market Report Highlights
Polaris Market Research has segmented the pharmaceutical aseptic transfer market report based on system type, usability, transfer type, end-user and region:
Pharmaceutical Aseptic Transfer, System Type Outlook (Revenue - USD Million, 2019 - 2032)
Pharmaceutical Aseptic Transfer, Usability Outlook (Revenue - USD Million, 2019 - 2032)
Pharmaceutical Aseptic Transfer, Transfer Type Outlook (Revenue - USD Million, 2019 - 2032)
Pharmaceutical Aseptic Transfer, End-User Outlook (Revenue - USD Million, 2019 - 2032)
Pharmaceutical Aseptic Transfer, Regional Outlook (Revenue - USD Million, 2019 - 2032)
Report Attributes |
Details |
Market Size Value in 2023 |
USD 1,058.55 million |
Market Size Value in 2024 |
USD 1,161.76 million |
Revenue Forecast in 2032 |
USD 2,497.58 million |
CAGR |
10.0% from 2024 – 2032 |
Base Year |
2023 |
Historical Data |
2019 – 2022 |
Forecast Period |
2024 – 2032 |
Quantitative Units |
Revenue in USD million and CAGR from 2024 to 2032 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |