Pharmaceutical manufacturing comprises industrial-scale synthesis of pharmaceutical drugs by drug manufacturers and typically involves series of unit operations like milling, granulation, coating, tablet pressing and others. Global pharmaceutical industry is forecasted to grow at a decent pace due to improving healthcare standards and growing investments by governments on healthcare infrastructure.
Pharmaceutical manufacturing industry can be segmented into captive manufacturing and outsourced manufacturing. The industry is witnessing a shift towards outsourced manufacturing with increased interest in mutual collaborations with contract development and manufacturing organizations (CDMOs), mainly driven by R&D portfolio expansion and positive past experiences. By geography, emerging markets like India and China are expected to witness higher generic and contract manufacturing activities. In addition to contract manufacturing, investments to enhance internal manufacturing capabilities has also increased, either through expansions of existing facilities or addition of new facilities through acquisitions.
Similar to other sectors, pharmaceutical manufacturing is also expected to leverage Internet of Things technology, also termed as Internet of Things Pharmaceutical Manufacturing (IoT-PM). IoT-PM will help in achieving overall operational efficiency and real time visibility of equipment availability and utilization. Managing equipment diversity, interoperability and data integration are some of the major challenges undermining implementation of IoT-PM.
Pharmaceutical manufacturing companies need to comply with the current good manufacturing practice (cGMP) to ensure quality and safety. After emergence of contract manufacturing in pharmaceutical industry, maintaining data integrity and data manipulation has also become a concern. Consequently, US Food and Drug Administration (FDA) has issued new guidelines to ensure data consistency and accuracy across pharmaceutical manufacturing industry.
ASDReport.com provides an extensive repository of reports which can meet most of your market research requirements. The reports cover various topics and technologies pertaining to pharmaceutical manufacturing like, pharmacy automation, medical waste, bioreactors for pharma, smart label, solid dosage forms, pharma packaging, and much more.