Regardless Of Its Small Size
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The international pharmaceutical continuous manufacturing industry is extremely competitive due to presence of a lot of players, finds Transparency Market Research (TMR). It held a share of about 35.3% in the global market place in 2016. Among them, Europe leads the marketplace with maximum share on the back of rising demand for superior technology from contract manufacturing organizations and pharmaceutical companies. Key players are aiming to present safer equipment, to accomplish this the key players are investing on investigation and establishing activities for offering improved solution. TMR anticipated the international income of the pharmaceutical continuous manufacturing marketplace to expand with a CAGR of 8.8% over the forecast period from 2017 to 2025. With this pace, the market is expected to attain worth of US$3.693 bn by the finish of 2025 from the registered worth of US$1.74 bn in 2016. On the basis of application, biologics accounts for a dominant position in the market place. Some of the crucial players operating in the worldwide pharmaceutical continuous manufacturing industry GEA group, Siemens AG, Continuus Pharmaceutical, Korsch AG, S K Biotek ltd, Corning Life Sciences, Scott Equipment Company, and Chemtrix.