Press release
Robust Growth Ahead: Lyophilization Services For Biopharmaceuticals Market Expanding at CAGRs of 10.4% and 10.7%, Driven by Demand for Biologics and Emergence of MRNA Therapeutics
Lyophilization Services For Biopharmaceuticals Market Share
What Is The Projected Market Size Of The Global Lyophilization Services For Biopharmaceuticals Market And Its Growth Rate?
• The market size has grown from $1.82 billion in 2024 to $2.01 billion in 2025 at a CAGR of 10.4%.
• Factors contributing to the growth include biopharmaceutical expansion, drug patent expirations, rise in personalized medicine, increase in clinical trials, and globalization of the biopharmaceutical market.
• The market is expected to grow to $3.01 billion in 2029 at a CAGR of 10.7%.
• The growth drivers for the forecast period include the emergence of MRNA and nucleic acid therapeutics, outsourcing trends in pharma industry, focus on continuous manufacturing, advancements in combination therapies, and growth of biosimilars production.
What Is Driving The Growth In The Lyophilization Services For Biopharmaceuticals Market?
The growing demand for biologics is expected to propel the growth of the lyophilization services for the biopharmaceuticals market going forward. Biologics, derived from living organisms, require lyophilization services to maintain their stability. The Canadian Institute for Health Information reported that biologics accounted for 29.4% of the total spending on public medication programs in 2021. Additionally, with the US Food and Drug Administration approving 40 biosimilars by the end of 2022, the demand for lyophilized biologics is further expected to rise.
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Who Are the Key Players Driving Lyophilization Services For Biopharmaceuticals Market Growth?
• Strides Pharma Science Limited
• Baxter International Inc.
• Catalent Pharma Solutions Inc
• Emergent BioSolutions Inc.
• Vetter Pharma International GmbH
• Curia Global Inc.
• Corden Pharma GmbH
• Lyophilization Services of New England Inc.
• Jubilant HollisterStier LLC
• Dalton Pharma Services
What Are The Key Trends In The Lyophilization Services For Biopharmaceuticals Market?
• Quality-by-design (QBD) implementation
• Automation and robotics integration
• Focus on sustainability
• Customization for complex molecules
• Shift towards continuous lyophilization.
What Are The Segments Of The Global Lyophilization Services For Biopharmaceuticals Market?
• By Type: Product and Cycle Development, Clinical Manufacturing, Commercial Manufacturing, Freeze Drying Analytical Services
• By Type of Primary Packaging System: Vials, Syringes, Cartridges, Ampoules, Other Primary Packaging Systems
• By Application: Pharmaceutical And Biotechnology Companies, Research Institutes, Other Applications
Which Region Leads The Lyophilization Services For Biopharmaceuticals Market?
North America was the largest region in the lyophilization services for biopharmaceuticals market in 2024. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Lyophilization Services For Biopharmaceuticals Market Global Market Report?
- Market Size Analysis: Analyze the Lyophilization Services For Biopharmaceuticals Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lyophilization Services For Biopharmaceuticals Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lyophilization Services For Biopharmaceuticals Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lyophilization Services For Biopharmaceuticals Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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