The global lyophilization equipment market was valued at $5015.2 million in 2020 and is projected to reach $10615.7 million by 2030 registering a CAGR of 7.80% from 2021 to 2030.
Lyophilization also referred to as freeze drying, is a process in which water is completely removed from a product after it is frozen and kept under a vacuum. This process allows the ice to change its state directly from solid to vapor without passing through a liquid phase. The process involves three separate, unique, and interdependent processes. The stepwise process includes freezing, primary drying (sublimation), and secondary drying (desorption). It keeps the materials frozen and thus, preserves the product with its essential properties. In pharmaceutical and biotechnology industries, lyophilization supports in maintaining functional integrity of the product. For the food and the other industries, it is necessary to prevent the spoilage of the product and also to preserve the freshness.
The main driving factors that drive growth of the lyophilization equipment market include, surge in demand for lyophilized products and preserved food. In addition, technological advancements in lyophilization equipment to enhance the scalability and quality of end products and reduce the time taken for the process are projected to further supplement the global lyophilization equipment market growth. Furthermore, the rise in production of protein-based drugs, injectable and biopharmaceuticals in biopharmaceutical companies that need the lyophilization equipment to give better stability, longer shelf life and broader range of temperature further boost the growth of the market. Conversely, increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industries, high setup and maintenance cost of freeze-drying equipment and strict regulatory guidelines are expected to obstruct the growth of the market in the coming years. In addition, lack of skilled workforce further hampers the growth of the market. On the other hand, the rise in contract lyophilization and manufacturing services are expected to offer profitable opportunities for the growth of the market during the forecast period.
The global lyophilization equipment market is segmented on the basis of modality, scale of operation, application and region to provide a detailed assessment of the market. By modality, it is bifurcated into dryer and accessories. The dryer includes tray-style freeze dryers, manifold freeze dryers, and rotary freeze dryers. In addition, accessories include vacuum systems, CIP (clean-in-place) systems, drying chamber, and other accessories include loading and unloading systems, control and monitoring system, freeze drying, trays/shelves, manifolds, and others. Based on scale of operation, it is segmented into industrial-scale, pilot-scale and laboratory-scale. By application, it is segmented into food processing and packaging, pharmaceutical and biotech manufacturing, medical applications, and others include surgical application, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Lyophilization also referred to as freeze drying, is a process in which water is completely removed from a product after it is frozen and kept under a vacuum. This process allows the ice to change its state directly from solid to vapor without passing through a liquid phase. The process involves three separate, unique, and interdependent processes. The stepwise process includes freezing, primary drying (sublimation), and secondary drying (desorption). It keeps the materials frozen and thus, preserves the product with its essential properties. In pharmaceutical and biotechnology industries, lyophilization supports in maintaining functional integrity of the product. For the food and the other industries, it is necessary to prevent the spoilage of the product and also to preserve the freshness.
The main driving factors that drive growth of the lyophilization equipment market include, surge in demand for lyophilized products and preserved food. In addition, technological advancements in lyophilization equipment to enhance the scalability and quality of end products and reduce the time taken for the process are projected to further supplement the global lyophilization equipment market growth. Furthermore, the rise in production of protein-based drugs, injectable and biopharmaceuticals in biopharmaceutical companies that need the lyophilization equipment to give better stability, longer shelf life and broader range of temperature further boost the growth of the market. Conversely, increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industries, high setup and maintenance cost of freeze-drying equipment and strict regulatory guidelines are expected to obstruct the growth of the market in the coming years. In addition, lack of skilled workforce further hampers the growth of the market. On the other hand, the rise in contract lyophilization and manufacturing services are expected to offer profitable opportunities for the growth of the market during the forecast period.
The global lyophilization equipment market is segmented on the basis of modality, scale of operation, application and region to provide a detailed assessment of the market. By modality, it is bifurcated into dryer and accessories. The dryer includes tray-style freeze dryers, manifold freeze dryers, and rotary freeze dryers. In addition, accessories include vacuum systems, CIP (clean-in-place) systems, drying chamber, and other accessories include loading and unloading systems, control and monitoring system, freeze drying, trays/shelves, manifolds, and others. Based on scale of operation, it is segmented into industrial-scale, pilot-scale and laboratory-scale. By application, it is segmented into food processing and packaging, pharmaceutical and biotech manufacturing, medical applications, and others include surgical application, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the lyophilization equipment market along with the current trends and future estimations to explain the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps to understand the application and products of lyophilization used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Modality
- Dryer
- Tray-style Freeze Dryers
- Manifold Freeze Dryers
- Rotary Freeze Dryers
- Accessories
- Vacuum Systems
- CIP (Clean-in-place) Systems
- Drying Chamber
- Other Accessories
By Scale of Operation
- Industrial-scale
- Pilot-scale
- Laboratory-scale
By Application
- Food Processing and Packaging
- Pharmaceutical and Biotech Manufacturing
- Medical Applications
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- Thermo Fisher Scientific, Inc.
- Azbil Telstar SL (Azbil Corporation)
- GEA Group
- Millrock Technology Inc.
- Zirbus Technology GmbH.
- Harbour Group Industries (SP Industries)
- Biopharma Process Systems Ltd.
- LTE Scientific Ltd.
- Martin Christ Gefriertrocknungsanlagen GmbH
- Labconco Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: LYOPHILIZATION EQUIPMENT MARKET, BY MODALITY
CHAPTER 5: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION
CHAPTER 6: LYOPHILIZATION EQUIPMENT MARKET, APPLICATIONS
CHAPTER 7: LYOPHILIZATION EQUIPMENT MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | September 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 5015.2 million |
| Forecasted Market Value ( USD | $ 10615.7 million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
