Continuous Manufacturing Market is expected to reach USD 650.4 million by 2022

NEW YORK, May 15, 2017 /PRNewswire/ -- Highlights

•         The global continuous manufacturing market is expected to reach USD 650.4 million by 2022 from USD 348.5 million in 2017, at a CAGR of 13.3%.

•         The market is segmented on the basis of product, application, end user, and geography.

•         The product segment includes integrated systems, semi-continuous systems, and controls.

•         The integrated systems segment is expected to account for the largest share of the continuous manufacturing market in 2017.

•         The integrated systems enable end-to-end manufacturing to convert raw materials into final products.

•         Product launch was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs

The global continuous manufacturing market is expected to reach USD 650.4 million by 2022 from USD 348.5 million in 2017, at a CAGR of 13.3%.

The market is segmented on the basis of product, application, end user, and geography. The product segment includes integrated systems, semi-continuous systems, and controls. The integrated systems segment is expected to account for the largest share of the continuous manufacturing market in 2017. The 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.

By application, the end product manufacturing segment is estimated to account for the largest share of the market, in 2017. FDA approval for certain drugs manufactured by the continuous process is the primary factor driving the growth of this segment.

On the basis of end user, the full-scale manufacturing companies are expected to hold the highest share of the market, in 2017. The large share of this segment can primarily 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.

Product launch was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs. Major players include GEA Group AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Bosch Packaging Technology (Germany), Coperion GmbH (Germany), and Glatt GmbH (Germany). Other players include KORSCH AG (Germany), Munson Machinery Company, Inc. (U.S.), L.B. Bohle Maschinen + Verfahren Gmbh (Germany), Gebrder Ldige Maschinenbau GmbH (Germany), Baker Perkins Ltd. (U.K.), Scott Equipment Company (U.S.), and Sturtevant, Inc. (U.S.).

Research Coverage:

This report studies the continuous manufacturing market based on product, application, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends, prospects, and contributions to the total market. The report forecasts revenue of the market segments with respect to four main regions.

Reasons to Buy the Report:

The report will enable both established firms and new entrants to gauge the pulse of the market and to help them make important strategic growth decisions.

The report provides insights on the following:

 Product Development/Innovation: Product portfolios of the top players in the continuous manufacturing market. Detailed insights on upcoming technologies, R&D activities, and product launches on the upcoming continuous manufacturing market

 Competitive Assessment: In-depth assessment of market shares, strategies, geographic and business segments, and product portfolios of the leading players in the continuous manufacturing market

 Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various continuous manufacturing systems across geographies

 Market Diversification: Exhaustive information about new products, recent developments, and investments in the continuous manufacturing market

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