Pharmaceutical Continuous Manufacturing Market: Global Industry Analysis and Forecast (2022-2029)

Pharmaceutical Continuous Manufacturing Market is expected to reach USD 1403.66 million by 2029, with a CAGR of 13 % between 2021 and 2029.
Pharmaceutical Continuous Manufacturing Market Overview:
The research gives a comprehensive perspective of the market by combining qualitative and quantitative data. It examines the global Pharmaceutical Continuous Manufacturing Market and provides forecasts for the key segments. It also includes market size and forecast estimates for five key regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America, for the years 2021 to 2027. The Pharmaceutical Continuous Manufacturing Market is further split into countries and markets within each location.



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In the report, 2021 is considered a base year however 2021’s numbers are on the real output of the companies in the market. Special attention is given to 2021 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and a specific strategic analysis of those companies is done in the report.
Pharmaceutical Continuous Manufacturing Market Dynamics
The pharmaceutical continuous manufacturing market is expected to grow due to the rising scarcity of medications, and the benefits provided by the continuous manufacturing method are likely to drive the market. Additionally, emerging trends such as increased use of continuous production in pharmaceuticals are expected to drive growth during the forecast period.

Increasing Medicine Shortage is driving the Pharmaceutical Continuous Manufacturing Market:

Essential medications and pharmaceuticals are getting scarcer across the world. The growing shortfall places a strain on healthcare systems, incurring additional expenditures and putting patients' health at risk. Patients in need of medications are not receiving enough dosages owing to medication shortages. According to WHO Drug Information 2016, low, medium, and high-income nations have experienced shortages of important medications. Medicine shortages endanger patient health by causing non-treatment, under-treatment, and possibly medication mistakes caused by attempts to substitute missing medications.

The Significant Benefits of Continuous Process Manufacturing to Drive the Market

Continuous manufacturing is a high-level production strategy that has the potential to increase medicine quality and consistency while lowering costs. This production line is handled in a continuous stream, with manufacturing measures incorporated from start to end. Because of novel advancements in continuous manufacturing frameworks and support from administrative experts for the selection of continuous manufacturing frameworks, the pharmaceutical continuous manufacturing market is expected to see critical development throughout the forecast time frame. Nonetheless, the higher cost of pharmaceutical continuous manufacturing frameworks is impeding the pharmaceutical continuous manufacturing market.
Pharmaceutical Continuous Manufacturing Market Segment Analysis:
By Therapeutics Type, with the rising change in focus from batch processing to continuous production for drug development, small molecules dominated the market with a share of 75.7 % in 2021. This transformation is being driven primarily by commercial benefits such as decreased equipment size, cost-effectiveness, reduced time consumption, and a faster final product launch.
A comparable transformation is taking place in big molecule manufacture. Technological developments in single-use technologies and completely integrated control systems, as well as optimization in upstream and downstream processing, are expected to favorably benefit the biopharmaceutical continuous manufacturing segment's growth.

By Application, Thanks to the high percentage of drug developers that use this technology for drug production, finished-product manufacturing will account for 53.9 % of the market in 2020. As a consequence of the introduction of new goods and services by various companies, the use of continuous manufacturing processes for drug products is expected to grow in the future years, contributing to overall market growth.

Continuous manufacturing of active pharmaceutical ingredients (API) is becoming more common in the pharmaceutical industry since it is more cost-effective and time-consuming. A vast number of companies utilise this strategy to establish APIs all around the world. One of these companies is Pfizer, which uses a mixed approach to continuous API manufacture.
Pharmaceutical Continuous Manufacturing Market Regional Insight
In 2021, North America had the highest revenue share of 33.8 %. The growing number of end-users in North American countries that have embraced or plan to employ CM technology has led to the region's highest share of the market. Therefore, regulatory agencies are crucial in encouraging revenue growth in this region.

The Asia Pacific, driven by China and Japan, is expected to grow at the quickest CAGR throughout the forecast period. The region's rapidly developing CMO and biopharmaceutical sectors are expected to boost revenue growth. Additionally, multinational businesses are increasing their corporate footprints in this region, seeing it as a promising source of revenue in the pharmaceutical and biotechnology industries.

Report Objectives:

• Landscape analysis of the Pharmaceutical Continuous Manufacturing Market
• competitive benchmarking
• Past and current status of the industry with the forecasted market size and trends
• Evaluation of potential key players that include market leaders, followers, and new entrants
• Technology trends
• The potential impact of micro-economic factors on the market
• External and Internal factors affecting the market have been analyzed

The report also helps in understanding the Pharmaceutical Continuous Manufacturing Market dynamics, and structure by analyzing the market segments to project the Pharmaceutical Continuous Manufacturing Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Pharmaceutical Continuous Manufacturing Market make the report investor’s guide.
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Global Pharmaceutical Continuous Manufacturing Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 528 Mn.


Forecast Period 2022 to 2029 CAGR:
13 %
Market Size in 2029:
US $ 1403.66 Mn.


 Segments Covered:
by Therapeutics Type
• Large Molecules
• Small Molecules


by Application
• Finished Product Manufacturing
• API Manufacturing


by Formulation
• Solid Formulation
• Liquid & Semi-solid Formulation



Pharmaceutical Continuous Manufacturing Market by Region
• North America
• Europe
• Asia pacific
• The Middle East and Africa
• South America
Pharmaceutical Continuous Manufacturing Market: Key Players
• Thermo Fisher Scientific, Inc.
• Pall Corporation
• Applikon Biotechnology
• Sartorius Stedim Biotech
• GEA Group Aktiengesellschaft
• Corning Incorporated
• Merck KGaA
• Glatt GmbHh
• Repligen Corporation
• Eppendorf AG
• Electrolab Biotech Ltd.
• Solesis Medical
• Scott Equipment Company
• L.B. Bohle
• LONZA

Frequently Asked Questions

1. What is the projected market size & growth rate of the Pharmaceutical Continuous Manufacturing Market?
Ans- The Pharmaceutical Continuous Manufacturing Market was valued at USD 528 billion in 2021 and is projected to reach USD 1,099.27 billion by 2027, growing at a CAGR of 13 % during the forecast period.

2. What are the key driving factors for the growth of the Pharmaceutical Continuous Manufacturing Market?
Ans- Increasing Medicine Shortage is driving the Pharmaceutical Continuous Manufacturing Market.

3. Which Region accounted for the largest Pharmaceutical Continuous Manufacturing Market share? Ans- In 2021, North America had the highest revenue share of 33.8 %.

4. What makes the North America a Lucrative Market for Pharmaceutical Continuous Manufacturing Market?
Ans- The growing number of end-users in North American countries that have embraced or plan to employ CM technology has led to the region's highest share of the market.

5. What are the top players operating in the Pharmaceutical Continuous Manufacturing Market?
Ans- Thermo Fisher Scientific, Inc., Pall Corporation, Applikon Biotechnology, Sartorius Stedim Biotech, GEA Group Aktiengesellschaft., Corning Incorporated