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What key factors are powering the surge in the pharmaceutical fluid handling market right now?

In recent years, the pharmaceutical fluid handling market has witnessed a consistent growth. Its value will escalate from $11.86 billion in 2024 to $12.38 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.4%. This exponential growth during the historical period can be credited to factors such as regulatory standards and compliance, integration of technology, focus on quality control, innovative approaches in drug delivery, and laboratory automation.

How fast Is the pharmaceutical fluid handling market expected to grow, and what’s its future value?

Anticipated robust expansion in the forthcoming years is projected for the pharmaceutical fluid handling market. The market is forecasted to rise to $15.67 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. The growth during this predicted period can be attributed to the rise of precision medicine and individualized treatments, an increase in biologics production, an upsurge in pharma outsourcing, the thriving development of emerging markets, and the adaptability of manufacturing platforms. Training and skill enhancement, the progression of closed systems, the transition to decentralized manufacturing models, the expanded application of nanotechnology, and the heightened use of IoT devices and smart sensors are all significant trends anticipated in the forecasted period.

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What are the leading drivers of growth in the pharmaceutical fluid handling market?

The growth of the pharmaceutical fluid handling market is anticipated to be catalysed by a boom in pharmaceutical drug production. This production refers to the creation of pharmaceutical substances, medications, or drugs which the pharmaceutical fluid handling aids in by ensuring the precise, efficient handling, transference, and containment of liquids throughout the manufacturing procedure. Take for instance, figures from June 2023 from the European Federation of Pharmaceutical Industries and Associations (EFPIA), a trade association based out of Belgium that advocates for the pharmaceutical industry in Europe, which showed that the total pharmaceutical production in Europe accounted for €390,000 million ($422,803 million) in 2023, a significant increase from the €363,300 million ($393,857 million) it was in 2022. Thus, the increasing demand for pharmaceutical drugs is the key force propelling the growth of the pharmaceutical fluid handling market.

What are the key segments defining the pharmaceutical fluid handling market?

The pharmaceutical fluid handling market covered in this report is segmented –

1) By Offering: Equipment And Solutions, Services

2) By Tubing: Thermoplastic Elastomers, Polyvinyl Chloride, Silicone

3) By Usage: Cough Syrup, Intravenous Product, Complex Active Pharmaceutical Ingredients, Other Usage

4) By Application: Fluid Handling And Management, Fluid Preparation, Integration And Automation, Buffer Management, Other Applications

5) By End User: Biotechnology Companies, Pharmaceutical And Medical Companies, Other End Users

Subsegments:

1) By Equipment And Solutions: Pumps, Valves, Tubing, Filters, Flow Meters

2) By Services: Installation, Maintenance And Repair, Consulting, Training

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Who are the key players steering the development of the pharmaceutical fluid handling market?

Major companies operating in the pharmaceutical fluid handling market include Pfizer Inc., Johnson & Johnson Pvt. Ltd, F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Thermo Fisher Scientific Inc., GlaxoSmithKline plc, Danaher Corporation, Gilead Sciences Inc., Amgen Inc., Parker Hannifin Corporation, Corning Incorporated, Agilent Technologies Inc., Alfa Laval AB, PerkinElmer Inc., Spirax Sarco Engineering plc, Eppendorf AG, Tecan Trading AG, CIRCOR International Inc., Raumedic AG, Borosil Glass Works Ltd., BioTek Instruments Inc., Labcyte Inc., Gilson Company Inc., Aurora Biomed Inc., Tef Cap Industries Inc., Labnet International Inc., Australian Fluid Handling Pty Ltd., Fraser Ross Ltd.

What emerging trends are influencing the growth of the pharmaceutical fluid handling market?

The embrace of automated fluid handling systems is a rising trend capturing interest in the pharmaceutical fluid handling market. Firms active in this market are unveiling automated fluid handling techniques that incorporate fluidic application programming interface (API) to maintain their market stance. For example, in February 2022, Festo, a German automation firm, introduced an adaptable gantry robot platform for automated liquid handling in labs. This platform offers broader versatility, precise calibrations, and a potential for targeted operations lab-wide. The system’s modular gantries come with a fluidic API, available in Python, Java, and .NET/C# drivers, making it easier for integrators to create and enhance machine strategies. This assists end users in fluid handling processes and diminishes the need for OEMs to buy generic machinery while facilitating the introduction of new technology.

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Which regions are most influential in expanding the pharmaceutical fluid handling market?

North America was the largest region in the pharmaceutical fluid handling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical fluid handling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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