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FEATURED COMPANIES
- Azbil Corp.
- Baxter International Inc.
- CRYOTEC.FR
- GEA Group AG
- Labconco Corp.
- MechaTech Systems Ltd.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Lyophilization Equipment and Services Market: About this market
The lyophilization equipment and services market analysis considers sales from rotary freeze dryer, manifold freeze dryer, and tray-style freeze dryer product segments. Our analysis also considers the sales of lyophilization equipment and services in Asia, Europe, North America, and ROW. In 2018, the tray-style freeze dryer segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing need for long-term storage of vaccines will play a significant role in the tray-style freeze dryer segment to maintain its market position. Also, our global lyophilization equipment and services market report looks at factors such as technological advances in lyophilization, advantages of lyophilization over conventional drying, and rising demand for biobanks. However, high cost associated with lyophilization, emergence of potential alternatives to lyophilization, and shortage of skilled workforce may hamper the growth of the lyophilization equipment and services industry over the forecast period.
Global Lyophilization Equipment and Services Market: Overview
Advantages of lyophilization over conventional drying
Pharmaceutical and biotechnology sectors are extensively adopting lyophilization or freeze-drying to stabilize various types of chemical components. This technique of drying involves benefits such as the preservation of chemical and biological potency and homogeneity of the final product through crystallization, filtration, and precipitation. It also provides protection from chemical degradation and solution effects and accelerates the speed of rehydration. Such benefits of lyophilization over conventional drying will lead to the expansion of the global lyophilization equipment and services market at a CAGR of over 8% during the forecast period.
Growing demand for controlled nucleation in lyophilization
Nucleation behavior and lack of control of nucleation temperature can affect the product attributes and lyophilization process. It can also lead to suboptimal lyophilization cycles and have an adverse effect on product uniformity. These factors drive the need for controlled nucleation technology, which cools the entire batch of vials at a selected temperature. This temperature is below the equilibrium freezing point that allows uniform ice crystal formation. The use of controlled nucleation in lyophilization is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global lyophilization equipment and services market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lyophilization equipment and services manufacturers, that include Azbil Corp., Baxter International Inc., Coriolis Pharma Research GmbH, CRYOTEC.FR, Freezedry Specialties Inc., GEA Group AG, Labconco Corp., MechaTech Systems Ltd., Millrock Technology Inc., and Thermo Fisher Scientific Inc.
Also, the lyophilization equipment and services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The lyophilization equipment and services market analysis considers sales from rotary freeze dryer, manifold freeze dryer, and tray-style freeze dryer product segments. Our analysis also considers the sales of lyophilization equipment and services in Asia, Europe, North America, and ROW. In 2018, the tray-style freeze dryer segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing need for long-term storage of vaccines will play a significant role in the tray-style freeze dryer segment to maintain its market position. Also, our global lyophilization equipment and services market report looks at factors such as technological advances in lyophilization, advantages of lyophilization over conventional drying, and rising demand for biobanks. However, high cost associated with lyophilization, emergence of potential alternatives to lyophilization, and shortage of skilled workforce may hamper the growth of the lyophilization equipment and services industry over the forecast period.
Global Lyophilization Equipment and Services Market: Overview
Advantages of lyophilization over conventional drying
Pharmaceutical and biotechnology sectors are extensively adopting lyophilization or freeze-drying to stabilize various types of chemical components. This technique of drying involves benefits such as the preservation of chemical and biological potency and homogeneity of the final product through crystallization, filtration, and precipitation. It also provides protection from chemical degradation and solution effects and accelerates the speed of rehydration. Such benefits of lyophilization over conventional drying will lead to the expansion of the global lyophilization equipment and services market at a CAGR of over 8% during the forecast period.
Growing demand for controlled nucleation in lyophilization
Nucleation behavior and lack of control of nucleation temperature can affect the product attributes and lyophilization process. It can also lead to suboptimal lyophilization cycles and have an adverse effect on product uniformity. These factors drive the need for controlled nucleation technology, which cools the entire batch of vials at a selected temperature. This temperature is below the equilibrium freezing point that allows uniform ice crystal formation. The use of controlled nucleation in lyophilization is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global lyophilization equipment and services market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lyophilization equipment and services manufacturers, that include Azbil Corp., Baxter International Inc., Coriolis Pharma Research GmbH, CRYOTEC.FR, Freezedry Specialties Inc., GEA Group AG, Labconco Corp., MechaTech Systems Ltd., Millrock Technology Inc., and Thermo Fisher Scientific Inc.
Also, the lyophilization equipment and services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Azbil Corp.
- Baxter International Inc.
- CRYOTEC.FR
- GEA Group AG
- Labconco Corp.
- MechaTech Systems Ltd.
PART 01: EXECUTIVE SUMMARYPART 08: CUSTOMER LANDSCAPEPART 11: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY SERVICE
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: GEOGRAPHIC LANDSCAPE
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: Appendix
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Azbil Corp.
- Baxter International Inc.
- CRYOTEC.FR
- GEA Group AG
- Labconco Corp.
- MechaTech Systems Ltd.
The following companies are recognised as the key players in the global lyophilization equipment and services lyophilization equipment and services market: Azbil Corp., Baxter International Inc., Coriolis Pharma Research GmbH, CRYOTEC.FR, Freezedry Specialties Inc., GEA Group AG, Labconco Corp., MechaTech Systems Ltd., Millrock Technology Inc., and Thermo Fisher Scientific Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing demand for controlled nucleation in lyophilization”
According to the report, one of the major drivers for this market is the advantages of lyophilization over conventional drying.
Further, the report states that one of the major factors hindering the growth of this market is the shortage of skilled workforce.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing demand for controlled nucleation in lyophilization”
According to the report, one of the major drivers for this market is the advantages of lyophilization over conventional drying.
Further, the report states that one of the major factors hindering the growth of this market is the shortage of skilled workforce.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Azbil Corp.
- Baxter International Inc.
- Coriolis Pharma Research GmbH
- CRYOTEC.FR
- Freezedry Specialties, Inc.
- GEA Group AG
- Labconco Corp.
- MechaTech Systems Ltd.
- Millrock Technology Inc.
- Thermo Fisher Scientific Inc.
Note: Product cover images may vary from those shown
