
US Pharmaceutical Fluid Handling Market
No. of Pages: 184 | Report Code: BMIRE00027318 | Category: Life Sciences
No. of Pages: 184 | Report Code: BMIRE00027318 | Category: Life Sciences
Rising use of fluid handling during the innovation and development in the biotechnological industry fuels the growth of the US market. However, challenges related to fluid handling in active pharmaceutical ingredient production restrain the market growth.
Pharmaceutical fluid handling is one of the critical components that ensure safe and timely delivery of products such as cough syrups, intravenous products, and complex active pharmaceutical ingredients. The usage of correct handling equipment/instruments is essential for business success and reliability.
In pharmaceutical and biopharmaceutical product manufacturing, sterilization helps kill pathogens and bacteria and ensures that the products are safe to use. Sterilization destroys all microorganisms on the surface of an article or in a fluid to prevent disease transmission associated with those organisms. Contamination prevention in pharmaceutical manufacturing is crucial. Also, the proper handling and storage of fluids are essential to limit the possibility of contamination. Facility layout helps determine how companies handle fluid transfer and storage. The increased use of modular facilities and single-use systems (SUS) in the production and transfer of sterile fluids is helping shape the fluid handling landscape.
Strategic insights for the US Pharmaceutical Fluid Handling provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the US Pharmaceutical Fluid Handling refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.US Pharmaceutical Fluid Handling Strategic Insights
US Pharmaceutical Fluid Handling Report Scope
Report Attribute
Details
Market size in 2021
US$ 3,863.89 Million
Market Size by 2028
US$ 5,179.71 Million
Global CAGR (2022 - 2028)
4.3%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Offering
By Tubing
By Application
By Usage
By End User
Regions and Countries Covered
United States
Market leaders and key company profiles
US Pharmaceutical Fluid Handling Regional Insights
Single-use systems will be used most often with fluids that require sterile processing. Disposables could significantly benefit facility design, validation, and investment. Single-use systems increase a product’s speed-to-market and return on investment. Due to the nature of the drugs, pharmaceutical companies select suppliers with adequate knowledge and expertise in single-use products to ensure sterile processing and regulatory compliance.
The aseptic process and the terminal sterilization of a product are essential in pharmaceutical manufacturing to avoid contamination of the product. The fluid used in the pharmaceutical industry should also be sterile throughout the process, and the fluid handling process ensures that the fluid is sterile throughout the production process. Due to all the factors mentioned above, the demand for pharmaceutical fluid handling is increasing.
Offering-Based Insights
Based on offerings, the US pharmaceutical fluid handling market is segmented into equipment and solution & services. The market in the equipment segment is further segmented into metering pumps and capsule equipment (filling/sorting), mixing equipment and valves, thermal processing equipment (coolers/chillers/dryers/heat-exchangers), x-ray inspection systems, tanks for holding liquids and flow control products, filters/filter sets (pre-filters/ sterilizing grade filters/ virus filters), powder handling bags, sterile connectors/disconnectors and membrane filter cartridges, and others. The equipment segment held a larger market share in 2021.
Tubing-Based Insights
Based on tubing, the US pharmaceutical fluid handling market is segmented into TPE, PVC, and silicone. The silicone segment held the largest market share in 2021 and is expected to register the highest CAGR during 2022–2028.
Application-Based Insights
Based on application, the US pharmaceutical fluid handling market is segmented into fluid handling & management, fluid preparation, integration & automation, aseptic processing, buffer management, and others. The market in the fluid handling and management segment is further segmented into single-use systems and multi-use systems, bioprocessing workstations, standard storage systems and bio containers, totes, and others. The fluid handling and management segment held the largest market share in 2021. However, the integration and automation segment is expected to register the highest CAGR during the forecast period.
Usage-Based Insights
Based on usage, the US pharmaceutical fluid handling market is segmented into cough syrup, intravenous products, complex APIs, and others. The market in the complex APIs segment is further segmented into vaccines, medication for cancer treatments, and others. The cough syrup segment held the largest market share in 2021, whereas the intravenous products segment is expected to register the highest CAGR during the forecast period.
End User-Based Insights
Based on end user, the US pharmaceutical fluid handling market is segmented into biotechnology companies, pharmaceutical and medical companies, and others. The biotechnology companies segment held the largest share of the market in 2021. Moreover, the same segment is expected to register the highest CAGR during the forecast period.
A few major primary and secondary sources referred to while preparing the report on the US pharmaceutical fluid handling market is The Bill & Melinda Gates Foundation and Organization for Economic Co-operation and Development (OECD).
The US Pharmaceutical Fluid Handling Market is valued at US$ 3,863.89 Million in 2021, it is projected to reach US$ 5,179.71 Million by 2028.
As per our report US Pharmaceutical Fluid Handling Market, the market size is valued at US$ 3,863.89 Million in 2021, projecting it to reach US$ 5,179.71 Million by 2028. This translates to a CAGR of approximately 4.3% during the forecast period.
The US Pharmaceutical Fluid Handling Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the US Pharmaceutical Fluid Handling Market report:
The US Pharmaceutical Fluid Handling Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The US Pharmaceutical Fluid Handling Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the US Pharmaceutical Fluid Handling Market value chain can benefit from the information contained in a comprehensive market report.