The global lyophilization equipment and services market size reached US$ 6.5 billion in 2023. The market is projected to reach US$ 10.7 billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2023-2032. The rising demand for lyophilization equipment and services in the pharmaceutical industry, recent development of advanced lyophilization equipment, and increasing adoption of lyophilization services represent some of the key factors driving the market.
Lyophilization, also known as freeze-drying, is a stabilizing process where a substance is frozen, followed by the removal of solvents, such as water, through sublimation and desorption. It involves the utilization of various equipment, such as lab freeze dryers, sterilizable lyophilizers, and non-sterile freeze-dryers. Lyophilization operations are also outsourced to various qualified service providers, including contract manufacturing organizations (CMOs) that offer specialized equipment and expertise at lower costs. Lyophilization equipment and services are widely used to preserve various perishable goods, such as drugs, biological samples, food products, museum exhibition objects, dairy, astronaut food, and nutraceuticals. As compared to conventional drying methods, lyophilization maintains the shape and form of the products, retains colors and volatiles, and provides faster rehydration.
Lyophilization, also known as freeze-drying, is a stabilizing process where a substance is frozen, followed by the removal of solvents, such as water, through sublimation and desorption. It involves the utilization of various equipment, such as lab freeze dryers, sterilizable lyophilizers, and non-sterile freeze-dryers. Lyophilization operations are also outsourced to various qualified service providers, including contract manufacturing organizations (CMOs) that offer specialized equipment and expertise at lower costs. Lyophilization equipment and services are widely used to preserve various perishable goods, such as drugs, biological samples, food products, museum exhibition objects, dairy, astronaut food, and nutraceuticals. As compared to conventional drying methods, lyophilization maintains the shape and form of the products, retains colors and volatiles, and provides faster rehydration.
Lyophilization Equipment and Services Market Trends
The rising demand for lyophilization equipment and services in the pharmaceutical industry to dry heat-sensitive drugs at low temperatures, improve the stability and storage of labile medicines, purify samples, produce diagnostics, and manufacture solid forms of dosages that are easy to store, ship, and later reconstituted to its original form is one of the primary factors driving the market growth. In line with this, the widespread utilization of lyophilization equipment for developing biopharmaceuticals, such as protein-based medicines, cell and gene therapies, antibodies, and nucleic acids, is acting as another growth-inducing factor. Furthermore, increasing product application in the food processing industry to preserve various products, such as noodles, soups, and instant coffee for consumption by military personnel, hikers, and astronauts, is providing an impetus to the market growth. Along with this, lyophilization equipment and services are widely adopted in the dairy industry to extend the shelf-life of yogurt, milk, ice cream, and cheese that can be supplied to bakeries and restaurants, which in turn is favoring the market growth. Additionally, the recent development of advanced lyophilization equipment that reduces cross-contamination, allows endpoint determination, offers simultaneous loading and defrosting, provides steam sterilization, and ensures high accuracy and safety is positively influencing the market growth. Moreover, the increasing demand for lyophilization services, as they reduce capital investment, saves time, and provide expertise, and help businesses in improving efficiency and cost-saving, is facilitating the market growth. Other factors, rising expenditure in healthcare infrastructural development, extensive research and development (R&D) activities, and the increasing demand for packaged food, are anticipated to the drive market growth.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global lyophilization equipment and services market, along with forecasts at the global, regional, and country level from 2023-2032. The report has categorized the market based on modality, scale of operation, and application.Modality Insights:
- Dryer
- Tray-Style Freeze Dryer
- Manifold Freeze Dryer
- Rotary Freeze Dryer
- Accessories
- Vacuum Systems
- CIP (Clean-in-place) Systems
- Drying Chamber
- Others
- Services
Scale of Operation Insights:
- Bench Top
- Pilot Scale
- Industrial Scale
Application Insights:
- Pharmaceutical and Biotech Manufacturing
- Food Processing and Packaging
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global lyophilization equipment and services market. Detailed profiles of all major companies have also been provided. Some of the companies covered include GEA Group AG, IMA Industria Macchine Automatiche S.p.A., Labconco Corporation, Martin Christ Gefriertrocknungsanlagen GmbH, MechaTech Systems Ltd, Millrock Technology Inc., OPTIMA packaging group GmbH, Telstar (Azbil Corporation), Thermo Fisher Scientific Inc., W. L. Gore & Associates Inc., etc.Key Questions Answered in This Report:
- How has the global lyophilization equipment and services market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global lyophilization equipment and services market?
- What are the key regional markets?
- Which countries represent the most attractive lyophilization equipment and services markets?
- What is the breakup of the market based on the modality?
- What is the breakup of the market based on the scale of operation?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global lyophilization equipment and services market?
- Who are the key players/companies in the global lyophilization equipment and services market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Lyophilization Equipment and Services Market
6 Market Breakup by Modality
7 Market Breakup by Scale of Operation
8 Market Breakup by Application
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- GEA Group AG
- IMA Industria Macchine Automatiche S.p.A.
- Labconco Corporation
- Martin Christ Gefriertrocknungsanlagen GmbH
- MechaTech Systems Ltd
- Millrock Technology Inc.
- OPTIMA packaging group GmbH
- Telstar (Azbil Corporation)
- Thermo Fisher Scientific Inc.
- W. L. Gore & Associates Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6.5 Billion |
| Forecasted Market Value ( USD | $ 10.7 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
