Global Continuous Manufacturing Market (By Product (Integrated Systems, Semi-continuous Systems, Continuous Granulators, Continuous Coaters, Continuous Blenders, Continuous Dryers, Continuous Compressors, Other Semi-continuous Systems (Milling Equipment and Weighing/Measurement Equipment), Controls/Software, and Other Stable Isotopes)-By Application (End Product Manufacturing, Solid Dosage, Liquid Dosage, and API Manufacturing)-By End-User (R&D Departments, Research Institutes, Contract Research Organizations (CROs), Contract Manufacturing Organizations (CMOs), Full-scale Manufacturing Companies, and Pharmaceutical Companies) –by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America))- is expected to reach US$ 839.60 Mn by 2024 from US$ 306.59 Mn in 2016 at CAGR of 13.42%.
Global Continuous Manufacturing Market is basically a method where production steps carried out sequentially in a classic batch process are combined in a continuous process with manual interventions to reduce fluctuations in production, improve yields, and lower costs of operation and equipment. Growth in continuous manufacturing market can be attributed to the advantages of continuous manufacturing in processes such as cost-effectiveness and improved efficiency of manufacturing. In addition, the favourable regulatory environment is expected to drive the adoption of continuous manufacturing processes in the pharmaceutical industry.
The integrated systems segment is expected to account for the largest share of the market in 2017
In terms of product, the integrated systems segment is expected to account for the largest share of the market in 2017. Integrated systems enable end-to-end manufacturing to convert raw materials into final products. In addition, these systems save substantial cost and time by integrating various pharmaceutical processes in a single system.
The full-scale manufacturing companies segment is expected to dominate this market in 2017
In terms of end user, the market is segmented into R&D departments and full-scale manufacturing companies. The full-scale manufacturing companies segment includes pharmaceutical companies and contract manufacturing organizations (CMOs). The full-scale manufacturing companies segment is expected to dominate this market in 2017. The large share of this segment can be attributed to the increasing adoption of continuous technologies by pharmaceutical manufacturing companies and CMOs to address the challenges related to product quality, drug supply, and operational costs.
APAC is expected to register the highest growth rate in Global Continuous Manufacturing Market during the forecast period
APAC is expected to register the highest growth rate in Global Continuous Manufacturing Market during the forecast period followed by North America and Europe. Rising acceptability of technologically advanced continuous manufacturing and growing awareness about the advantages of the technology in this region will fuel the Continuous Manufacturing Market in APAC region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as GEA Group AG, Thermo Fisher Scientific Inc., Bosch Packaging Technology, Coperion GmbH, and Glatt GmbH.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Continuous Manufacturing Market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Continuous Manufacturing Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Continuous Manufacturing Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Continuous Manufacturing Market”
Contact:
Miss. Parimal Darane
Business Development Manger
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 96071 95908/ 20 6630 3320