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MarketsandMarkets Presents Freeze Drying Market is mainly driven by Rising Demand from Pharmaceutical Industry Especially for the Manufacture of New Biologic Drugs and Injectable Formulations https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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Freeze Drying / Lyophilization Equipment Market by Scale (Lab, Pilot, & Industrial), Technology (Rotary, Manifold, & Tray - style) & by Accessories (Loading/Unloading System, Vacuum System, Clean-in-Place System, Control System) - Global Forecast to 2019 The global freeze drying market was valued at $1,969.7 million in 2014 and is expected to reach at $2,655.9 million by 2019, at a CAGR of 6.2% during the forecast period of 2014 to 2019. Browse 83 market data tables with 31 figures spread through 190 pages and in- depth TOC on " Freeze Drying / Lyophilization Equipment Market by Scale (Lab, Pilot, & Industrial), Technology (Rotary, Manifold, & Tray - style) & by Accessories (Loading/Unloading System, Vacuum System, Clean-in-Place System, Control System) - Global Forecast to 2019". https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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Freeze drying is an efficient method for drying various unstable, heat sensitive, aqueous products in various industries. In the healthcare industry, lyophilization is mostly used in pharmaceutical and biotech manufacturing. The freeze drying market encompasses various equipment and accessories needed for carrying out lyophilization of different substances in the pharmaceutical and biotech industries. The global market is divided on the basis of different types of equipment and accessories. The equipment market is further segmented on the basis of scale of operations and technology. Based on the scale of operations the freeze drying market is segmented as lab-scale, pilot-scale, and industrial-scale freeze dryers; whereas, based on the technology, the market is segmented as manifold freeze dryers, rotary freeze dryers, and tray-style freeze dryers. For the purpose of this report, the lyophilization accessories market is segmented as vacuum systems,, loading and unloading systems, control and monitor facilities, clean-in-place (CIP) systems, freeze drying chambers, lyophilization trays/shelves, manifolds, and other lyophilization accessories such as valves, filters, adapters, glassware, and stainless steel ware. https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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This market is mainly driven by the increasing demand for lyophilization of biopharmaceutical and other high-value formulations in pharmaceutical and biotechnology industry. Growing adoption of automated loading and unloading systems, clean-in-place (CIP) systems, and PLC and PAT based control and monitoring systems to eliminate risks of contamination in the final pharmaceutical product is another major contributor to the growth of this market. However, the market growth will be restrained, to an extent, due to factors such as higher set up and maintenance costs of freeze drying systems, rising preference for refurbished lyophilization systems by pharmaceutical companies for cost-cutting activities, emergence and increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industry. The global freeze drying market was valued at $1,860 million in 2013 and is expected to reach at $2,655.9 million by 2019. https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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In this report, the freeze drying market is broadly segmented into equipment market and accessories market, and geography. The equipment market is further segmented based on the scale of operations and technology. Based on the scale of operations the Lyophilization equipment market is segmented as lab-scale, pilot-scale, and industrial-scale freeze dryers; whereas, based on the technology, the market is segmented as manifold freeze dryers, rotary freeze dryers, and tray-style freeze dryers. Whereas, the accessories market is classified as vacuum systems, loading and unloading systems, control and monitor facilities, clean-in-place (CIP) systems, freeze drying chambers, lyophilization trays/shelves, manifolds, and other lyophilization accessories such as valves, filters, adapters, glassware, and stainless steel ware. The market is further divided into four major geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). These regions are further analyzed at the country level. This report also discusses the key market drivers, restraints, opportunities, challenges, and burning issues in the global market and its submarkets. https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html Lyophilization Equipment Market, By Type (2014–2019)
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https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html Freeze Drying Accessories Market, By Type (2014–2019)
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Asia-Pacific accounts for the largest share to the global freeze drying market, followed by North America, Europe, and RoW. The APAC region is expected to grow at the highest CAGR during the forecast period, largely driven by the rapid growth in pharmaceutical and biotech industries. The major players in the freeze drying market include Tofflon Science and Technology Co., Ltd.(China), IMA S.p.A.(Italy), GEA Group (Germany), Azbil Corporation (Japan), SP Industries Inc. (U.S.), Labconco Corporation (U.S.), Optima Packaging Group GmbH (Germany), HOF Enterprise Group (Germany), Martin Christ Gefriertrocknungsanlagen GmbH (Germany), and Millrock technology, Inc. (U.S.). https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market- 24018886.html
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Contact Us Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.comsales@marketsandmarkets.com http://www.linkedin.com/company/marketsandmarkets https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market-24018886.html
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About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. https://www.marketsandmarkets.com/Market-Reports/freeze-drying-lyophilization-equipment-market-24018886.html
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