Aseptic Pharma Processing Market: Current Analysis and Forecast (2021-2027)

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Global Aseptic Pharma Processing Market is anticipated to grow with an elevated CAGR of around 8% over the forecast period (2021-2027). Aseptic Pharma Processing is the processing of various pharmaceutical products including drug components, drug product containers, and excipients in a manner that prevents any microbial contamination of the final sealed product.

The global aseptic pharma processing market is anticipated to witness an uptick owing to the increase in expenditure on pharmaceutical R&D across the globe. For instance, In 2019, research and development spending in the pharmaceutical industry was USD 186 billion globally. In comparison, the R&D expenditures totaled USD 159 billion in 2016. Further, this spending is anticipated to reach USD 233 billion by 2026. Owing to this, there has been an increase in the number of drug launches and drug approvals over the last few years. In addition to this, the advancement in the pharma and medical field, the flourishing biotechnology industry, and the safety concerns regarding biological medicinal products are some factors driving the growth of the market globally.

Furthermore, the aseptic pharma processing market is anticipated to grow on account of the growing technological advancement, many ongoing research activities in this field, rising government and public-private investments, and various benefits associated with the aseptic processing. Some of the benefits include increased shelf life, eco-friendliness, and maintaining the quality of content. Additionally, the adoption of robotic solutions in the pharmaceutical industry is due to its cost-effectiveness and faster performance for aseptic processes to meet the growing demand for pharmaceuticals. However, some of the restraints in the market including high initial capital investment and lack of skilled professionals in emerging economies are some factors impeding the growth of this market all over the world.

Number of Drugs In the R&D Pipeline Worldwide 2020 Vs. 2021, By Development Phase

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Abbvie Inc., Lonza Group, Baxter International Inc., Robert Bosch GmbH, Alcami Corporation, Amcor Plc, Becton, Dickinson & Co, Samsung Biologics, Symbiosis Pharmaceutical Services, Recro Pharma, are some of the prominent players operating in the aseptic pharma processing market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with aseptic pharma processing.

Insights Presented in the Report

“Amongst Component, processing equipment segment holds the major share”

Based on components, the aseptic pharma processing market is segmented into processing equipment and packaging equipment. The processing equipment segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe owing to the growing demand for the prolonged shelf life and aseptic processing of the pharmaceuticals. However, the packaging equipment is also anticipated to grow in the upcoming years due to the surging demand for eco-friendly and hygienic packaging for pharmaceutical products.

“Amongst Technology, lyophilization segment holds the major share”

Based on technology, the market is fragmented into drying, lyophilization, closed vial technology, blow fill seal technology, and others. In 2020, the lyophilization segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period on the account of its assurance to keep an aseptic environment for the pharmaceutical product. However, the blow-fill-seal technology segment is also likely to witness considerable growth during the forecast period as this technology is extensively used in liquid pharmaceutical applications and is gradually proliferating into biologics.

“Amongst Application, ophthalmic suspensions segment holds the major share”

Based on application, the aseptic pharma processing market is segmented into ophthalmic suspensions, reconstituted lyophilized powders for injection, sterile injectables, aqueous-based aerosols for inhalation, and others. The ophthalmic suspension segment occupied the major share of the aseptic pharma processing market in 2020 and it is expected to grow with a substantial CAGR in the upcoming years. The growth of this segment is attributed to the growing demand for ophthalmic suspensions owing to the rising prevalence of eye-related disorders. Furthermore, the need to sterilize these products owing to the high chances of microbial content or the bio-burden of the raw materials is also one of the prominent factors driving the growth of this segment.

“North America represents one of the largest markets of Aseptic Pharma Processing market”

For a better understanding of the market dynamics of the aseptic pharma processing market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America constitutes a major market for the aseptic pharma processing market industry and generated revenue of USD XX Million in 2020 owing to strong healthcare infrastructure and growing demand for pharmaceutical supplies in the region.

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Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts
• The report presents a quick review of overall industry performance at one glance
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive regional level analysis of the industry

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Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future market of the global aseptic pharma processing market were the three major steps undertaken to create and analyze the adoption of aseptic pharma processing in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global aseptic pharma processing market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

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Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the aseptic pharma processing through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the aseptic pharma processing market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as components, technology and applications. Further country-level analyses were conducted to evaluate the overall adoption of Aseptic Pharma Processing across the globe.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Aseptic Pharma Processing. Further, we conducted factor analysis using dependent and independent variables such as growing advancement in technology and increasing demand for pharmaceutical supplies. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Aseptic Pharma Processing sector across the globe.

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Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Aseptic Pharma Processing market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of value (US$) and the adoption rate of Aseptic Pharma Processing across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the aseptic pharma processing market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

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Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the aseptic pharma processing market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of components, technology and application of the aseptic pharma processing market.

The main objective of the Aseptic Pharma Processing Market Study

The current & future market trends of aseptic pharma processing were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of aseptic pharma processing in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of technology, application and components
• Define and analysis of the regulatory framework for the aseptic pharma processing industry
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
• Analyze the current and forecast market size of the aseptic pharma processing market for the major region
• Major regions studied in the report include North America, Europe, Asia-Pacific and Rest of the world
• Company profiles of the aseptic pharma processing market and the growth strategies adopted by the market players to sustain in the fast-growing market

Deep dive regional level analysis of the industry