What is the current size and annual growth rate of the pharmaceutical manufacturing software market?
The pharmaceutical manufacturing software market size has grown rapidly in recent years. It will grow from $3.3 $ billion in 2024 to $3.82 $ billion in 2025 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to regulatory compliance requirements, rising drug production complexity, demand for improved quality control, a rise in biopharmaceutical production, demand for efficiency, and cost reduction.
The pharmaceutical manufacturing software market size is expected to see rapid growth in the next few years. It will grow to $6.83 $ billion in 2029 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to growth in personalized medicine, rising investment in R&D, enhanced focus on supply chain optimization, a growing biopharmaceutical sector, and rising global health challenges. Major trends in the forecast period include the adoption of AI, cloud-based solutions, real-time monitoring, integration of IoT technologies, and advanced quality management.
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Which major factors have contributed to the expansion of the pharmaceutical manufacturing software market?
The increasing drug production is expected to propel the growth of the pharmaceutical manufacturing software market going forward. Drug production encompasses the organized process of creating pharmaceutical products, including their formulation, testing, and packaging, to guarantee quality, safety, and effectiveness. Increasing drug production is crucial to meet the growing global demand for medications, address public health challenges, and ensure the timely availability of treatments for diverse medical conditions. Pharmaceutical manufacturing software enhances drug production by streamlining processes, improving data accuracy, optimizing resource utilization, and ensuring regulatory compliance, which collectively boosts efficiency and scalability. For instance, in June 2023, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based organization representing the pharmaceutical sector, the European pharmaceutical industry experienced substantial growth in production, rising from $352.48 billion in 2021 to $369.95 billion in 2022. Therefore, increasing drug production will drive the growth of the pharmaceutical manufacturing software market.
How is the pharmaceutical manufacturing software market segmented?
The pharmaceutical manufacturing softwaremarket covered in this report is segmented –
1) By Software Type: Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP) Systems, Laboratory Information Management Systems (LIMS), Quality Management Systems (QMS), Process Analytical Technology (PAT) Systems, Regulatory Compliance Software
2) By Deployment Mode: On-Premises, Cloud-Based
3) By Application: Large Enterprise, Small And Midsize Enterprise
4) By End-User: Biopharmaceutical Companies, Medical Device Companies, Contract Research Organizations, Academic Research Institutions, Other End Users
Subsegments:
1) Manufacturing Execution Systems (MES): Production Tracking Software, Resource Management Tools, Real-Time Monitoring Solutions
2) Enterprise Resource Planning (ERP) Systems: Financial Management Software, Supply Chain Management Software, Inventory Management Solutions
3) Laboratory Information Management Systems (LIMS): Sample Management Software, Data Analysis Tools, Workflow Automation Systems
4) Quality Management Systems (QMS): Document Control Software, CAPA Management Tools, Audit Management Solutions
5) Process Analytical Technology (PAT) Systems: Inline Analysis Tools, Process Control Software, Data Acquisition Systems
6) Regulatory Compliance Software: Validation Management Solutions, Compliance Tracking Software, Risk Management Tools
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Who are the top competitors in the pharmaceutical manufacturing software market?
Major companies operating in the pharmaceutical manufacturing software market are McKesson Corporation, Oracle Corporation, SAP SE, ABB Ltd., Rockwell Automation Inc., Dassault Systèmes SE, NetSuite Inc., The Sage Group plc, Epicor Software Corporation, QAD Inc., Intellect Design Arena Ltd., Columbus Manufacturing Inc., MasterControl Inc., Sapphire Systems Ltd., DESKERA PTE LTD, Vormittag Associates Inc., Logic ERP Solutions Pvt Ltd., SYSPRO (Pty) Ltd., Datacor Inc., BatchMaster Software Inc., Fishbowl Inc., Aquilon Software Inc., CompuTec S.A., ERPAG Inc., MRPeasy Ltd.
Which key trends are expected to influence the pharmaceutical manufacturing software market in the coming years?
Major companies operating in the pharmaceutical manufacturing software market are focusing on process optimization with the integration of smart manufacturing technologies, such as AI-powered tools, to enhance predictive analytics, optimize manufacturing processes, and improve overall operational efficiency. An AI-powered tool in pharmaceutical manufacturing software leverages artificial intelligence to optimize processes, enhance quality control, and improve decision-making throughout drug production. For instance, in February 2024, Mareana, a US-based provider of AI-powered analytics and supply chain solutions for the pharmaceutical and life sciences industries, launched Connect CMC, an AI-powered tool designed to revolutionize data management for small pharmaceutical and biotech companies. It enhances efficiency, accuracy, and cost-effectiveness by automating data extraction from paper batch records and ensuring GxP compliance, driving digital transformation in drug development.
Which regional trends are influencing the pharmaceutical manufacturing software market, and which area dominates the industry?
North America was the largest region in the pharmaceutical manufacturing software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical manufacturing software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pharmaceutical Manufacturing Software Market Report 2025 Offer?
The pharmaceutical manufacturing software market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Pharmaceutical manufacturing software refers to specialized applications designed to manage, control, and optimize the various processes involved in the production of pharmaceutical products. These software solutions integrate with manufacturing systems to streamline operations, ensure regulatory compliance, and enhance overall efficiency.
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