Press release
Pharmaceutical Manufacturing Equipment Market to surpass USD 25,456.77 million by 2032, Says Future Market Consulting
Pharmaceutical Manufacturing Equipment
The growth of the pharmaceutical industry is a key driver of the pharmaceutical packaging testing equipment market. This sector encompasses research, development, and manufacturing, involving activities like chemical research, regulatory compliance, and collaboration with government agencies. Enhanced regulatory flexibility and increased government support have enabled the pharmaceutical industry to maintain supply chain stability and API availability. As a result, major companies have announced significant expansions. For instance, in May 2022, Eli Lilly and Company, a US-based pharmaceutical firm, announced plans to invest $2.1 billion in two new manufacturing facilities in the LEAP Lebanon Innovation and Research District. The ongoing expansion of the pharmaceutical industry is expected to drive demand for packaging testing equipment.
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Key Players:
GEA Group Aktiengesellschaft (Germany)
I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A (Italy)
Syntegon Technology GmbH (Germany)
ACG (India)
Thermo Fisher Scientific Inc. (US)
Romaco Group (Germany)
Körber AG (Germany)
Marchesini Group (Italy)
MG2 s.r.l. (Italy)
Glatt GmbH (Germany)
Bausch+Ströbel (Germany)
Coperion (Germany)
Elizabeth Companies (US)
Fette Compacting (Germany)
Korsch AG (Germany)
Segmentation:
By Type
• Processing Equipment
• Packaging and Filling Equipment
By Machine
• Mixing & Blending
• Milling
• Spray Drying
• Granulation
• Extrusion
• Tablet Compression
• Sterilization
• Inspection
By Process
• Encapsulation
• Formulation
• Aseptic
By End-user
• Pharmaceutical Companies
• Contract Manufacturing Organizations
• Research Laboratories
• Academic Institutions
Browse Full Report: https://futuremarketconsulting.com/reportsdetail/global-pharmaceutical-manufacturing-equipment-market-53523
Market Dynamics:
Opportunity:
Increased investments by pharmaceutical and biopharmaceutical companies to expand their presence are expected to significantly drive market growth. These platforms will support major cancer trials and future commercial manufacturing, with a strong focus on developing T-cell therapies for global clinical trials. Increased funding in cancer research is anticipated to boost the use of pharmaceutical equipment for lead characterization, lead optimization, and other preclinical processes, further fueling market growth.
Additionally, advancements in pharmaceutical equipment, such as the launch of the new X 5 Tablet Press, are contributing to market expansion. This device offers enhanced flexibility and faster changeovers while delivering over 50% higher single-sided output compared to the company's flagship XL 400, albeit with a slightly larger footprint.
Research Methodology:
This includes the collection of information through analysts to have them studied and filtered thoroughly in an try to provide good-sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver the connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace.
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Gauri Dabi | Business Development
Phone: +44 151 528 9267
Email: sales@futuremarketconsulting.com
Future Market Consulting
Website: www.futuremarketconsulting.com
About us
Future Market Consulting a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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