Lyophilization/Freeze Drying Equipment Market Insights, Competitive Analysis and Forecast Report

DataM Intelligence
13 June 2019
Berlin, Germany
The market report titled ‘Global Lyophilization/Freeze Drying Equipment Market - Size, Share and Forecast (2019 - 2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

Global Lyophilization/Freeze Drying Equipment Market Dynamics
The global lyophilization/freeze-drying equipment market is growing due to the rising demand for freeze dryers in the pharmaceutical and biotechnology industry. Due to the increasing number of vaccines, recombinant and injectable, the demand for freeze dryers is increasing as these molecules must be freeze-dried for clinical and commercial use. The technological advancement in freeze dryer systems is also a major driver contributing to the growth of the market.
In March 2018, GEA launched a new RAY™ PP (Pilot Plant) batch freeze dryers during Anuga FoodTec in Cologne. The RAY™ PP machines are designed for small-scale and R&D drying of general food products such as instant coffee, fruit, vegetables, herbs, meat, seafood and pet food, as well as very sensitive products such as lactic acid bacteria, enzymes and lactoferrin.

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Global Lyophilization/Freeze Drying Equipment Market Segment Analysis
By technology, the tray-style freeze dryers market held the largest share of the lyophilization equipment market in 2018. This dominance of this technology is due to its wider applications in the pharmaceutical and food industries. In addition, the increasing focus on contract manufacturing services and growing commercialization of labile drugs are driving the growth of this segment over the forecast period.
Based on applications, the drug development segment accounted for the largest market share in 2018 of the total lyophilization equipment market. Lyophilization plays an important role in drug manufacturing industry as heat-sensitive products are dried at low temperature without hampering its function and physical structure. Pharmaceuticals and biologicals use freeze dryers for freezing vaccines and antibodies, penicillin, blood plasma, proteins, enzymes, hormones, viruses and bacteria.

Global Lyophilization/Freeze Drying Equipment Market Geographical Analysis
The North America lyophilization/freeze drying equipment market held the largest market share and estimated to continue its dominance over the forecast period (2019-2026). The market in this region is growing due to increasing demand for freeze dryers in the pharmaceutical & biotechnology industry, rising development of vaccines, biosimilars, and injectable formulations.
The Asia Pacific region is growing at a significant CAGR during the forecast period (2019-2026) due to shift of pharmaceutical and biotechnology industry from developed countries to the developing regions for low-cost manufacturing, and expansion of many lyophilization equipment manufacturers in emerging countries. In addition, increasing expenditure on research and development in Asia-Pacific region is contributing to the growth of the lyophilization/freeze drying equipment market. For instance, according to the National Bureau of Statistics (February 2018), China’s expenditure on research and development increased by 11.6% in 2017 from 10.6% in 2016, reaching to US$ 10 billion in 2017.

Global Lyophilization/Freeze Drying Equipment Market Competitive Analysis
Some of the major players in the global Lyophilization/Freeze Drying Equipment Market include Thermo Fisher Scientific Inc., Millrock Technology Inc., SP Scientific, Zirbus Technology GmbH, Azbil Telstar SL, LTE Scientific, Biopharma Process Systems Ltd., GEA Group, Martin Christ GmbH, and Cuddon Freeze Dry. The key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product launches along with increased focus on R&D are other ways the leading players improve their market presence.

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Table of contents overview -
1. Global Lyophilization/Freeze Drying Equipment Market Methodology and Scope
2. Global Lyophilization/Freeze Drying Equipment Market – Market Definition and Overview
3. Global Lyophilization/Freeze Drying Equipment Market – Executive Summary
4. Global Lyophilization/Freeze Drying Equipment Market – Market Dynamics
5. Global Lyophilization/Freeze Drying Equipment Market – Industry Analysis
6. Global Lyophilization/Freeze Drying Equipment Market – By Type
7. Global Lyophilization/Freeze Drying Equipment Market – By Technology
8. Global Lyophilization/Freeze Drying Equipment Market – By Scale of Operation
9. Global Lyophilization/Freeze Drying Equipment Market – By Application
10. Global Lyophilization/Freeze Drying Equipment Market – By Region
11. Global Lyophilization/Freeze Drying Equipment Market – Competitive Landscape
12. Company Profiles
13. Global Lyophilization/Freeze Drying Equipment Market – Premium Insights
14. Global Lyophilization/Freeze Drying Equipment Market – DataM

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About DataM Intelligence
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

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