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According to this report the global fill finish manufacturing market is expected to reach US$ 12,547.23 million by 2027 from US$ 6,129.03 million in 2019. The market is estimated to grow at a CAGR of 9.6 % from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Based on products, the fill finish manufacturing market is segmented into consumables and instruments. The consumables is further segmented into prefilled syringes, vials, cartridges, and other consumables. In 2019, the consumables segment accounted for a larger share of the market and is expected to register a higher CAGR during the forecast period. Growth of this segment is attributed to high replacement rate compared with that of instruments, rising adoption of prefilled syringes, wide applications of vials in lyophilization, and increasing fill-finish outsourcing.
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