Tablet Hardness Testers Market Estimated to Observe Technological Advancements Further

Global Market Witnesses Revenue Opportunities amid COVID-19 Outbreak

The coronavirus pandemic and prolonged lockdown have adversely affected almost all the economic sectors, including the pharmaceutical industry. All the business activities were halted during the lockdown. Even though the pharmaceutical business was harshly affected due to disruptions in supply chain, COVID-19 has created potential opportunities for manufacturers to establish their businesses. The global tablet hardness testers market has created value-grab opportunities when the market players took several initiatives to boost the production and supply of medical instruments such as tablet hardness testers. The increasing awareness of tablet hardness testers to measure the quality of tablet amid the COVID-19 pandemic is driving the global tablet hardness testers market. The global tablet hardness testers market is creating lucrative opportunities post-pandemic due to its productivity.

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Booming Pharmaceutical Industry and Profitable Manufacturers

Technological advancements in the global pharmaceutical industry is one of the major reasons anticipated to drive the global tablet hardness testers market. Manufacturers are targeting cost-effective solutions to cater to the increasing demand for tablets and medical drugs from consumers. Ongoing R&D activities in the pharmaceutical industry in order to improve the quality of products, along with innovation in tools & instrument required to test the quality parameters are positively influencing the global tablet hardness testers market. Improvements in healthcare infrastructure amid the coronavirus pandemic and increasing presence of small and medium-scale pharmaceutical manufacturers can also drive the global market.

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Adoption of Fully Automatic Tablet Hardness Testers Globally

The global tablet hardness testers market is expected to expand at a CAGR of 4.41% during the forecast period. The global tablet hardness testers market is projected to reach the valuation of US$ 387.2 Mn by 2031. With the increased accuracy and efficiency in determining the tablet hardness, automatic tablet hardness testers are becoming tremendously popular across the globe. Fully automatic testers are extremely reliable in calculating accurate results. Digitalization help store and print the results automatically. The increasing need of determining the tablet disintegration fuels the growth of the global market. Factors responsible for increasing popularity of automatic tablet hardness testers are speed, automatic tablet pressing, real-time display system, automatic lock and reset facility, etc.

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Regional Overview: Tablet Hardness Testers Market

• In terms of region, the global tablet hardness testers market has been segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa
• The tablet hardness testers market in North America was valued at US$ 102.2 Mn in 2020 and is projected to reach US$ 159.4 Mn by 2031, expanding at a CAGR of 4.1% from 2021 to 2031
• Investments in research & development on tablet hardness testers has increased over the past few years. These investments have increased the number of research centers and contract manufacturing & contract research organizations. High demand for tablet dosage due to low cost, ease of manufacture & packaging, increase in incidence of infectious & chronic diseases, and rise in healthcare spending in the region are the other factors boosting the growth of the tablet hardness testers market in North America.

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Major Players: Tablet Hardness Testers Market

• The tablet hardness testers market report concludes with the company profiles section, which includes key information about major players in the global tablet hardness testers market

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