Product Launches, Partnerships, Agreements, and Collaborations were the Key Growth Strategies in the Continuous Manufacturing Market between 2013 and 2017
The continuous manufacturing market for pharmaceuticals is dominated by GEA Group AG (Germany), Glatt GmbH (Germany), and Bosch Packaging Technology (Germany
GEA Group AG (Germany) is the largest player in the market. In order to remain competitive, the company primarily adopted inorganic growth strategies such as agreements, collaborations, and partnerships for enhancing its presence in the market. For instance, in 2017, the company partnered with Siemens AG (Germany) to introduce an integrated continuous tablet manufacturing line which comprises GEA’s ConsiGma continuous manufacturing platform equipped with Siemens’ Sipat for PAT Data Management. Similarly, in 2015, the company entered into an agreement with Healthcare Pharmaceuticals Limited (HPL) (Bangladesh) to provide integrated process solution for HPL's potent oral solid dosage production.
Bosch Packaging Technology (Germany) is another prominent player in the market. The company focuses on organic growth strategies such as product launches and marketing & promotions to sustain its foothold in the market. For instance, in 2017, the company launched a new integrated continuous system Xelum, a solution for the continuous production of solid pharmaceuticals. With this new technology, the company offers customers a flexible solution for the continuous production of solid pharmaceuticals.
Other prominent players in the market include Thermo Fisher Scientific Inc. (U.S.), Coperion GmbH (Germany), Gebrüder Lödige Maschinenbau GmbH (Germany), and Hosokawa Micron Corporation (Japan), and L.B. Bohle Maschinen + Verfahren Gmbh (Germany).
An analysis of the market developments between 2013 and 2017 suggest that product launches, partnerships, agreements, and collaborations were the most important growth strategies employed by market leaders in this period.
Other growth strategies adopted by players in this market are expansions and marketing & promotions. These strategies were adopted by the major players, such as Thermo Fisher Scientific Inc. (U.S.), Coperion GmbH (Germany), and Glatt GmbH (Germany) between 2013 and 2017, to enhance their geographic presence and increase their customer base.
Related Reports:
Continuous Manufacturing Market By Product (Integrated system, Semi-continuous (Granulator, Coater, Blender), Control), Application (API, End Product (Solid Dosage)), End User (R&D Department (CRO), Pharmaceutical Companies, CMO) - Global Forecast to 2022
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