Press release
Global Lyophilization Equipment And Services Market to grow at a CAGR of 8.36% during 2016-2020
About LyophilizationLyophilization or freeze drying is a dehydration process used to preserve perishable materials and transport them easily. It is an efficient method for drying various unstable, heat-sensitive, and aqueous products in various industries. The process is widely used in the pharmaceutical and biotechnology companies to stabilize, store, and increase the shelf life of drug products and other biological molecules such as antibodies, proteins, hormones, enzymes, blood plasma, and bacteria-derived compounds, without affecting their internal physical structure. The process removes 95%-97% of the moisture or solvent from the products and provides a prolonged storage. Freeze drying also helps produce tablets or wafers for easy dosage administration.
Technavios analysts forecast the global lyophilization equipment and services market to grow at a CAGR of 8.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global lyophilization equipment and services market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of:
Equipment:
Tray-style freeze dryer
Manifold freeze dryer
Rotary freeze dryer
Services:
Aseptic filling
Cycle developments
Bulk lyophilization
The market is divided into the following segments based on geography:
Americas
EMEA
APAC
Technavio's report, Global Lyophilization Equipment and Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/768093
Key vendors
Azbil Telstar
GEA Group
Labconco
Thermo Fisher Scientific
Other prominent vendors
Aseptic Technologies
Biopharma Technology
Coriolis Pharma
Cryotec
Freezedry Specialties
HOF Enterprise Group
IMA Pharmaceuticals
MechaTech Systems
Tofflon Science and Technology
W.L. Gore and Associates
Market driver
Focus on labile drugs and injectable therapeutics
For a full, detailed list, view our report
Market challenge
Shortage of skilled technicians
For a full, detailed list, view our report
Market trend
Novel technologies for lyophilization
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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