The global freeze-drying/lyophilization equipment market is anticipated to reach USD 5.1 billion by 2020 growing at a CAGR of 8.4% during the forecasting period, 2020-2028. Lyophilizer has evolved from a simple device for vacuum drying at low temperature to an extremely sophisticated integrated system that combines a number of processes to ensure that a product is consistently delivered to technical and biological specifications while also considering economic, safety, and environmental issues. A typical freeze-drying cycle is comprised of three distinct stages: freezing, primary drying, and secondary drying. Lyophilisation of products enhances their stability and shelf-life. Freeze-drying (lyophilization) plays a crucial role in products such as aseptic pharmaceutical and biotech production as fill and finish process.
Factors such as rising demand for vaccine preservation, increased demand for lyophilized products, and technological development in the field of Freeze-Drying/Lyophilization Equipment are some of the major drivers for the market of Freeze-Drying/Lyophilization Equipment
Global Freeze-Drying/Lyophilization Equipment market is segmented into type, the scale of operation, accessories, and geography.
The type segment is segmented into tray, shell, and manifold
On the basis of the scale of operation, the market is segmented into industrial, lab, and pilot
The accessories segment is segmented into loading & unloading, monitoring, vacuum systems, and drying chambers
Geographically, the global Freeze-Drying/Lyophilization Equipment market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
North America region is expected to dominate the market for global Freeze-Drying/Lyophilization Equipment market in the forecast period 2020-2028.
Key players in global freeze-drying/lyophilization equipment market GEA Group, Azbil Corporation, Shanghai Tofflon Science Technology Co., Ltd., IMA S.p.A., SP Industries, Inc., HOF Enterprise Group, Labconco Corporation, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc., and OPTIMA Packaging Group GmbH
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
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Report Feature |
Descriptions |
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Market Revenue In 2020 |
USD 5.1 billion |
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Growth Rate |
CAGR of 8.4% during the forecasting period, 2020-2028 |
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Historical Data |
2017-2018 |
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Forecast Years |
2020-2028 |
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Base Year |
2019 |
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Units Considered |
Revenue in USD billion and CAGR from 2020 to 2028 |
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Report Segmentation |
Type, Scale of Operation, Accessories and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
GEA Group, Azbil Corporation, Shanghai Tofflon Science Technology Co., Ltd., IMA S.p.A., SP Industries, Inc., HOF Enterprise Group, Labconco Corporation, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc., and OPTIMA Packaging Group GmbH |
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Available Customization |
In addition to the market data for freeze-drying/lyophilization equipment market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement. |
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