Global Liquid Packaging Market By Packaging Type (Flexible v/s Rigid), By Flexible Liquid Packaging (Stand-Up Pouch, Bag-In-Box, Films), By Rigid Liquid.
Automation, specialty devices and personalization are trends leading the way in pharma/med device investments. Three out of four pharmaceutical and medical device respondents say their companies are looking to make capital investments in the next 12-24 months, either to refurbish their old tooling or to purchase new equipment, according to a new report by PMMI Business Intelligence. These decisions will be driven by technology, automation and regulation, as well as by cost and ROI. Regulations and disruptions due to COVID-19 have also driven demand for innovative, advanced equipment.
Automation: Over 60% of companies in pharmaceutical processing and related services said that if given the opportunity, they would choose to automate their operations, and remote access has become more of a necessity.