Manufacturing Execution System Market Growth, Demand, Emerging Trends and Forecast 2028
A manufacturing execution system (MES) is a software system that tracks and documents the manufacturing lifecycle in several industries. It keeps track of all the relevant information with real-time data analysis and records data from robots, machine tools, and employees. This system is also being integrated with ERP software within enterprises. There is significant growth in demand for MES in the pharmaceuticals and Life Sciences industry owing to its essential functions such as remote visibility to processes, effective quality management, inventory management, and streamlining standard operating procedures (SOPs).
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The key factors propelling the market growth are the need for mass production and connected supply chains in pharmaceutical plants, the increasing use of industrial automation, and the growing importance of regulatory compliance.
Drivers: The growing significance of regulatory compliance
Pharmaceuticals & life sciences industry must fulfill the regulations mandated by authorities such as the FDA, the EPA, and ISA. Increasing consumer consciousness has led to increased regulations, such as Good Manufacturing Practices (GMP), Computer Software for Manufacturing Regulatory Compliance, and the Code of Federal Regulations, for the safety and quality assessment of manufacturing processes and products.
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Substantial requirement for effective operations and quality control in pharmaceutical plants
MES alters paper-based processes that are prone to human errors and too slow for the present-day progressive pharmaceutical industry. MES monitors, controls, and documents the processes digitally in real time for the complete production cycle. Moreover, it also improves production efficiency, enhances product quality, and can be easily integrated with ERP.
Key Market Players:
Honeywell International (US), Rockwell Automation (US), Siemens (Germany), Dassault Systèmes (France), SAP (Germany), ABB (Switzerland), Schneider Electric (France), and Werum IT Solutions (Germany) are some of the few players offering MES for pharmaceuticals and life sciences industry.
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