Report : US Pharmaceutical Fluid Handling Market Forecast to 2028 – COVID-19 Impact and Country Analysis – by Offering (Equipment and Solutions & Services), Tubing (TPE, PVC, and Silicone), Application (Fluid Handling & Management, Fluid Preparation, Integration & Automation, Aseptic Processing, Buffer Management, and Others), Usage [Cough Syrup, Intravenous Products, Complex Active Pharmaceutical Ingredients (APIs), and Others], and End User (Biotechnology Companies, Pharmaceutical & Medical Companies, and Others)
Automated Fluid Handling Systems with Machine Learning to Provide Significant Opportunities for United States Pharmaceutical Fluid Handling Market
According to our new research study on "United States Pharmaceutical Fluid Handling Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Offerings, Applications, Tubing, Usage, and End User," the market was valued at US$ 3,863.89 million in 2021 and is projected to reach US$ 5,179.71 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2022 to 2028. The importance of fluid handling in the biotechnology industry and importance of sterilization in the pharmaceutical industry are driving the market. However, the challenges related to fluid handling in APIs production are hampering the market's growth.
Pharmaceutical fluid handling is defined as one of the critical components to 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.
A fluid handling system is critical for preparing, moving, and storing fluids required in the manufacturing and sanitation in the biotechnology or pharmaceutical plant. Automated fluid handling systems in pharmaceutical or biotechnology manufacturing plants will simplify the process and increase its accuracy. Automated process reduces procedural errors, resulting in decrease in rejected batches; therefore, following the standard operating procedures according to the manufacturer's requirements is necessary. Automated fluid handling systems will eliminate the need for special operator databases and database maintenance by integrating with existing facility security policies. Automated handling will clean the system and manufacturing unit directly without requiring special preparation for the cleaning process.
Machine learning in the pharmaceutical manufacturing process enables decision-makers and implementers to streamline operations and decide the process according to the product needed. Machine learning with automated fluid systems will increase fluid handling and management during product manufacturing. With the help of machine learning, the manufacturing unit can integrate batch records with the facility data history, which helps in accessing the data and customs. The use of an automated fluid handling system integrated with machine learning is anticipated to create an opportunity for the pharmaceutical fluid handling market during the forecast period.
Also, increase in vaccine production is expected to be one of the future sstrends in United States Pharmaceutical Fluid Handling market as vaccines are essential in providing immunity against infectious diseases. Success stories of eradicating smallpox and polio through vaccines have inspired many researchers and manufacturing companies for vaccine development. In recent times, vaccination has effectively helped control and prevent the spread of novel coronavirus infection that causes COVID-19. Moreover, factors such as growing population, global travel, underlying bacteria and virus mutations, and new health threat developments that require rapid solutions are likely to boost the demand for vaccines.
Vaccine manufacturing is one of the most challenging industries. In the manufacturing, even the most basic manufacturing steps are in the manner that is safe, effective, and consistent over the life cycle of a vaccine. Outcomes can vary widely due to the infinite combinations of biological variability in basic starting materials, the microorganism itself, the environmental condition of the microbial culture, the knowledge and experience of the manufacturing technician, and the steps involved in the purification processes. To add to the complexity, the methods used to analyze the biological processes and antigens resulting from vaccine production often have high inherent variability. Failure to manage these risks can result in costly product recalls, and suspensions and penalties may be assessed if a manufacturer fails to fulfill supply agreements.
Pall Corporation; Watson-Marlow Fluid Technology Solutions; MercK Global; Cytiva; MercK Global; Rochling SE & CO KG.; Tef Cap Industries; Flowtrend, Inc.; and DXP, Inc. are among the leading companies operating in the United States pharmaceutical fluid handling market.
The report segments the US Pharmaceutical Fluid Handling market as follows:
The US Pharmaceutical Fluid Handling market is analyzed on the basis of offerings, applications, tubing, usage, and end user. Based on offerings, the United States pharmaceutical fluid handling market is segmented into equipment, solution and services. Based on tubing, the market is segmented into TPE, PVC, and Silicone. Based on application, the market is segmented into segmented into fluid handling and management, fluid preparation, integration and automation, aseptic processing, buffer management, and others. Based on usage, the market is segmented into cough syrup, intravenous products, complex active pharmaceutical ingredients (APIs), and others. Based on end user, the market is segmented into biotechnology companies, pharmaceutical and medical companies, and others. By geography, the US Pharmaceutical Fluid Handling market is segmented into Northeast, Midwest, South, and West.
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