Fill-finish manufacturing is the process of aseptically filling biologics in any form such as solution, powder, or suspension in containers such as vials, syringes, cartridges, ampoules, bottles, and bags. It is an integral part of biopharmaceutical manufacturing after upstream-cell culture & downstream-separation and purification operations.
Key steps involved in the fill-finish process include:
# cleaning
# Sterilization
# filling
# stoppering
# Lyophilization
# capping
# crimping
# Visual inspection.
Factors Influencing Global Industry Growth:-
Technological advancements in fill-finish products, growth of the biopharmaceutical industry, rising adoption of prefilled syringes, and increase in fill-finish outsourcing are the major factors driving this market.
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Restraints:
# High Costs Associated With Isolators/Rabs
Opportunity:
# Growth of Biomanufacturing in Emerging Markets
Challenge:
# Challenges Associated With Manufacturing Prefilled Syringes
Industry’s Revenue Growth Expectations:
The global fill-finish manufacturing market is estimated to account for USD 2.96 Billion in 2017 and projected to reach USD 4.47 Billion by 2022, at a CAGR of 8.6%.
Geographical Growth Scenario:
In 2017, Europe is expected to account for the largest share of the global fill-finish manufacturing market. The large share of the European region is mainly attributed to factors such as the emergence of biosimilar market due to patent expiry of key biologic products, rising incidence of chronic disorders, and increasing focus of major players on enhancing their presence in Europe.
The APAC region is expected to grow at the highest CAGR over the next five years. The growth of the fill-finish manufacturing market in this region is fueled by the overall growth in the biopharmaceutical industry.
Target Audience:
# Biopharmaceutical companies
# Fill-finish product manufacturers
# Contract manufacturing companies
# Clinical research organizations
# NGOs and government organizations associated with fill-finish manufacturing
# Market research and consulting firms
Read More: https://www.marketsandmarkets.com/PressReleases/fill-finish-manufacturing.asp
Leading Market Players:
# Becton, Dickinson and Company (US)
# West Pharmaceutical Services, Inc. (West Pharmaceutical Services) (US)
# Gerresheimer AG (Gerresheimer) (Germany)
# Robert Bosch GmbH (Robert Bosch) (Germany)
# IMA (Italy)
# OPTIMA (Germany) and many more…
Product launches remain at the center of the strategic growth initiatives adopted by a majority of key players in the global fill-finish manufacturing market. These companies have been focusing on product launches to enhance their market presence. Players also focused on increasing their presence in high-growth markets through inorganic growth strategies, such as partnerships, collaborations, agreements, expansions, and acquisitions.
