Overview of This Study:
The study involved two major activities in estimating the current market size of the Fill Finish Manufacturing Market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.
Market Understanding:
# Identifying stakeholders and key decision-makers in different regions
# Identifying the selection criteria of key decision-makers
# Analyzing the competitive landscape
# Identifying major players with their product portfolios
# Analyzing strategies adopted by players to position different types of products
# Analyzing the regional/country-level markets
Trends:
# Identifying and analyzing key products and trends to draw notes and include considerations in the final forecasts
# Identifying the major drivers, opportunities, and challenges prevailing in the fill-finish manufacturing market
# Identifying industry trends
# Analyzing the regulatory landscape.
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What the Market Looks Like?
The global fill-finish manufacturing market size is projected to grow from USD 7.5 billion in 2020 to USD 12.1 billion by 2025, at a CAGR of 10.0% during the forecast period.
Recent developments:
# In 2017, Syntegon Technology GmbH (Germany) launched a technologically advanced filling and closing machine, ALF 5000.
# In 2017, IMA S.P.A. (Industria Macchine Automatiche) launched an integrated fill-finish machine, INJECTA.
Global Leaders:
The prominent players in the global fill-finish manufacturing market include Becton, Dickson and Company (US), Syntegon Technology GmbH (Germany), I.M.A. (Industria Macchine Automatiche) S.p.A. (OTCPK:ITALY), Stevanato Group (OTCPK:ITALY), West Pharmaceutical Services, Inc. (US), OPTIMA Packaging Group GmbH (Germany), Bausch+Strobel (Germany), Groninger & Co. GmbH (Germany), and Gerresheimer AG (Germany). These players have adopted various growth strategies such as product launches, acquisitions, agreements, partnerships, and expansions to increase their presence in the global fill-finish manufacturing industry.
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