2019-25 | Lyophilization Equipment Market Share By Regional Industry Growth, Statistics & Forecast
Oct 11, 2019
This Global Lyophilization Equipment market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
Delaware, Selbyville - October 11, 2019 /MarketersMedia/ —
Lyophilization Equipment Market will exceed USD 8.5 billion by 2025. Rising awareness about lyophilization and associated benefits such as long shelf-life, and high stability of the products delivered by freeze drying will escalate the demand for lyophilization over the forecast timeframe. Increasing adoption of freeze-drying technique in pharmaceutical and biotechnology industries will further boost the industry growth.
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Pharmaceutical industry will witness fastest growth of 9.0% during the forecast period. Lyophilization is widely used in pharmaceutical industry for vaccines, antibodies, drugs, and other biological materials. Proteins and other products that become thermally denatured due to excessive heating can be successfully preserved with the help of freeze dryer, that will positively impact the lyophilization equipment adoption rate.
Freeze drying equipment is majorly used for bulk pharmaceutical and biopharmaceutical ingredients such as collagen, protein, chemical API, peptide, oligonucleotide, enzymes, and monoclonal antibodies (mAbs). It also allows easier transport of these ingredients thereby positively affecting the equipment adoption rate over the projected timeline.
Manifold freeze dryer market will expand at 9.0% CAGR between 2019 to 2025. This type of lyophilization systems are majorly used by the researchers for freeze drying contents of ampules, serum vials and small flasks. High adoption of manifold freeze dryers during development of active pharmaceutical ingredient and processing of high-performance liquid chromatography (HPLC) fractions will propel the segmental growth.
Industrial scale lyophilization equipment market dominated the global industry in 2018 by accounting for over 85% revenue share. Growing application of industrial scale freeze dryer in pharmaceutical and biopharmaceutical fields to preserve high value ingredients and enable easier transport of these components will drive the segmental growth. Moreover, rising demand of lyophilized tropical fruits and coffee will boost the demand for industrial scale freeze dryer system over the estimated timeframe.
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Labconco, HOF Sonderanlagenbau GmbH, Buchi, Telstar, GEA group, SP Industries, Optima Pharma, Millrock Technology and Scala Scientific are few major players operating in the lyophilization equipment industry. These companies are resorting to strategies such as new product development and strategic partnerships to broaden their business portfolio and achieve significant market share in the industry.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Lyophilization Equipment Industry Insights
Chapter 4. Lyophilization Equipment Market, By Product
Chapter 5. Lyophilization Equipment Market, By Scale of Operation
Chapter 6. Lyophilization Equipment Market, By Application
Chapter 7. Lyophilization Equipment Market, By Region
Chapter 8. Company Profiles
Complete Report At: https://www.marketstudyreport.com/reports/lyophilization-equipment-market
Related Report:
Global (United States, European Union and China) Lyophilization Equipment Market Research Report 2019-2025
Lyophilization Equipment is composed of refrigeration system, vacuum system, heating system and electric instrument control system. This study presents the Lyophilization Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019 and forecast to 2025.
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