Pharmaceutical Continuous Manufacturing Global Market Report 2024

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 observed in the historic period can be credited to several key factors. Quality and efficiency improvements played a significant role, enhancing the overall performance of processes. The reduction in time-to-market for pharmaceutical products contributed to quicker availability and responsiveness to market needs. Cost reduction and operational efficiency measures were implemented, optimizing resource utilization and enhancing the financial viability of pharmaceutical operations. Regulatory support and adherence to guidelines ensured compliance and streamlined approval processes. The incorporation of flexibility and scalability in operations allowed for adaptability to changing market dynamics and varying production demands, contributing to sustained growth in the pharmaceutical industry.

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.

The anticipated growth in the pharmaceutical continuous manufacturing market is expected to be driven by several key factors. Firstly, the increasing prevalence of chronic ailments is poised to be a significant driver. Chronic diseases, persisting for a year or longer and requiring ongoing medical treatment, are becoming more prevalent globally. Pharmaceutical continuous manufacturing processes offer a streamlined approach to drug production, enhancing efficiency and reducing costs. This approach is particularly advantageous for managing chronic conditions that necessitate long-term medication use. For example, a report by the National Association of Chronic Disease Directors highlighted that nearly 60% of adult Americans have at least one chronic disease, with around 40% having multiple chronic conditions. The economic impact of these conditions is expected to reach $2 trillion annually in the United States by 2030. Thus, the demand for pharmaceutical continuous manufacturing is likely to rise in response to the growing prevalence of chronic ailments.

The surge in industrial automation is expected to contribute significantly to the growth of the pharmaceutical continuous manufacturing market. Industrial automation involves the use of control systems, such as computers or robots, to manage various processes and machinery in industries, reducing or replacing human intervention. In the context of pharmaceutical continuous manufacturing, industrial automation facilitates real-time monitoring and feedback control, minimizing human error and ensuring consistent product quality. The notable increase in the installation of new industrial robots worldwide, as reported by the International Federation of Robotics, indicates a growing trend towards automation. With a year-on-year growth rate of 31% in 2021 and a total of approximately 3.5 million operational robots globally, industrial automation is proving to be a driving force behind the growth of the pharmaceutical continuous manufacturing market.

Technological innovations are emerging as a prominent trend in the pharmaceutical continuous manufacturing market, with major companies actively developing new products to maintain their market positions. One notable example is the introduction of the USP Advanced Manufacturing Technology Lab by The United States Pharmacopeia (USP) in December 2022. This initiative includes the launch of R&D analytical solutions aimed at assisting drug manufacturers in adopting advanced manufacturing technologies, such as pharmaceutical continuous manufacturing (PCM). The goal is to enhance geographic diversity in pharmaceutical manufacturing, thereby bolstering the resilience of the medicine supply chain. The lab services provided by USP facilitate the characterization of materials and the development and qualification of methods to ensure the quality of PCM-based medications.

Major companies in the pharmaceutical continuous manufacturing market are focusing on the development of advanced equipment, such as continuous manufacturing lines, to gain a competitive edge. For instance, WuXi STA, a China-based contract research development, and manufacturing organization (CRDMO), launched a Continuous Manufacturing (CM) line for oral solids in January 2023. This CM line, compliant with global cGMP regulations, introduces advancements in oral drug development by incorporating continuous direct compression equipment for various processes, including dispensing, blending, lubrication, tablet compression, and coating. Process Analytical Technology (PAT) is integrated into the system to monitor blending uniformity in real-time, ensuring high product quality.

In January 2023, Cambrex Corporation, a US-based contract development manufacturing organization (CDMO) for pharmaceuticals, acquired Snapdragon Chemistry Inc. This acquisition strengthened Cambrex's expertise in active pharmaceutical ingredient (API) process development in continuous flow manufacturing. Snapdragon Chemistry Inc., a US-based company specializing in API batch and continuous flow process development, was integrated to complement Cambrex's recent investments in endless flow process development capabilities. These initiatives collectively showcase the industry's commitment to leveraging technological innovations for advancements in pharmaceutical continuous manufacturing.

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.

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. The countries covered in the pharmaceutical continuous manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary categories of pharmaceutical continuous manufacturing products include integrated continuous systems, controls and software, and semi-continuous systems. The Integrated Continuous System (ICS) represents a comprehensive method for producing pharmaceutical items seamlessly on a continuous production line. These systems find application in the manufacturing of both large molecule and small molecule therapeutics, playing a vital role in producing solid formulations, liquids, and semi-solid formulations. ICS is deployed in various applications, including final drug product manufacturing and active pharmaceutical ingredient (API) manufacturing. This technology is adopted by diverse end-users such as pharmaceutical companies, contract manufacturing organizations, and other relevant entities in the pharmaceutical industry.

The pharmaceutical continuous manufacturing market research report is one of a series of new reports that provides pharmaceutical continuous manufacturing market statistics, including pharmaceutical continuous manufacturing industry global market size, regional shares, competitors with a pharmaceutical continuous manufacturing market share, detailed pharmaceutical continuous manufacturing market segments, market trends, and opportunities, and any further data you may need to thrive in the pharmaceutical continuous manufacturing industry. This pharmaceutical continuous manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The pharmaceutical continuous manufacturing market consists of revenues earned by entities by providing manufacturing services such as mixing, granulation, coating, and tablet compression. The market value includes the value of related goods sold by the service provider or included within the service offering. The pharmaceutical continuous manufacturing market also includes sales of organic PCM and inorganic PCM techniques. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.