Overview and Scope
Pharmaceutical continuous manufacturing (PCM) is a process of producing pharmaceutical goods from start to finish on a single, straight production line. It is utilized to manufacture active pharmaceutical components by flow chemical transformations and multistep syntheses that can operate for a longer length of time, potentially reducing medicine shortages.
Sizing and Forecast
The pharmaceutical continuous manufacturing market size has grown rapidly in recent years. It will grow from $2.26 billion in 2023 to $2.5 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to quality and efficiency improvements, reduced time-to-market, cost reduction and operational efficiency, regulatory support and guidelines, flexibility and scalability.
The pharmaceutical continuous manufacturing market size is expected to see rapid growth in the next few years. It will grow to $3.71 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to increasing generic drug production, biopharmaceutical manufacturing, personalized medicine manufacturing, focus on patient-centric approaches. Major trends in the forecast period include adoption of continuous manufacturing, integration of process analytical technology, use of advanced automation and robotics, strategic collaborations and partnerships, digitalization and connectivity.
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Segmentation & Regional Insights
The pharmaceutical continuous manufacturing market covered in this report is segmented –
1) By Product: Integrated Continuous System, Control And Software, Semi-Continuous System
2) By Therapeutics Type: Large Molecule, Small Molecule
3) By Formulation: Solid Formation, Liquid And Semi-Solid Formation
4) By Application: Final Drug Product Manufacturing, Active Pharmaceutical Ingredient (API) Manufacturing
5) By End-Users: Pharmaceutical Companies, Contract Manufacturing Organization, Other End-Users
Western Europe was the largest region in the pharmaceutical continuous manufacturing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical continuous manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing prevalence of several chronic ailments is expected to propel the growth of the pharmaceutical continuous manufacturing market going forward. Chronic ailments are described generically as problems that persist for a year or longer, need continuing medical treatment, and interfere with everyday activities. Continuous manufacturing processes enable pharmaceutical companies to streamline medication production, resulting in increased efficiency and lower costs. It also enables broader access to essential drugs, which is especially important for managing chronic conditions that require long-term medication use. For instance, in April 2022, according to a report published by the National Association of Chronic Disease Directors (NACDD), a US-based non-profit Public Health organization dedicated to chronic disease programs, almost 60 % of adult Americans have at least one chronic disease, and approximately 40% of American adults have multiple chronic conditions (MCC), and this is expected to cost the US economy $2 trillion dollars annually, or $8,600 per person by 2030. Therefore, the growing prevalence of several chronic ailments will drive the pharmaceutical continuous manufacturing market.
Key Industry Players
Major companies operating in the pharmaceutical continuous manufacturing market report are Pfizer Inc., Robert Bosch GmbH, Siemens AG, Novartis AG, Thermo Fisher Scientific Inc., GlaxoSmithKline Plc., Eli Lilly and Company, Corning Inc., Vertex Pharmaceuticals, Lonza Group Ltd., GEA Group AG, Catalent Inc., Mettler Toledo, Patheon, Cytiva, Samsung Biologics Co.Ltd., WuXi Biologics, Syntegon Technology GmbH, Coperion GmbH, Hosokawa Micron Group, FUJIFILM Diosynth Biotechnologies, Leistritz AG, Glatt GmbH, Freund-Vector Corp., SK biotek Co. Ltd., Gericke AG, GEBRÜDER LÖDIGE MASCHINENBAU GmbH, Munson Machinery Company Inc., L.B. Bohle Maschinen und Verfahren GmbH, KORSCH AG, Chemtrix BV
The pharmaceutical continuous manufacturing market report table of contents includes:
1. Executive Summary
2. Pharmaceutical Continuous Manufacturing Market Characteristics
3. Pharmaceutical Continuous Manufacturing Market Trends And Strategies
4. Pharmaceutical Continuous Manufacturing Market – Macro Economic Scenario
5. Global Pharmaceutical Continuous Manufacturing Market Size and Growth
…
32. Global Pharmaceutical Continuous Manufacturing Market Competitive Benchmarking
33. Global Pharmaceutical Continuous Manufacturing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pharmaceutical Continuous Manufacturing Market
35.Pharmaceutical Continuous Manufacturing Market Future Outlook and Potential Analysis
36. Appendix
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