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Lyophilization Services for Biopharmaceuticals Market Witnesses Growth Amid Increased Biologic Drug Development and Packaging Needs
Lyophilization Services for Biopharmaceuticals Market
According to the latest research by InsightAce Analytic, the global lyophilization services for biopharmaceuticals market is valued at USD 984.1 Mn in 2024, and it is expected to reach USD 2861.4 Mn by the year 2034, with a CAGR of 11.4% during the forecast period of 2025-2034.
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Major market key players are AB BioTechnologies, Inc., CordenPharma, Curia (AMRI), ATTWILL Medical Solutions, Baxter BioPharma Solutions, Axcellerate Pharma LLC., Biofortuna Ltd, BioZed Engineering, CinnaGen, Berkshire Sterile Manufacturing, Inc., Emergent BioSolutions, Synerlab Group, Jubilant HollisterStier LLC, LSNE Contract Manufacturing, Lyophilization Technology, Inc., MabPlex, ProJect Pharmaceutics, Northway Biotech, Samsung Biologics, Vetter Pharma, and WuXi Biologics.
Lyophilization, commonly known as freeze-drying, is a preservation technique employed to extend the shelf life of heat-sensitive pharmaceuticals and to improve the convenience of product transportation. Additionally, this process serves as an alternative to cryopreservation for the storage of biological materials such as cells and tissues. The lyophilization procedure involves three critical stages: freezing, pressure reduction, and heat application, which together enable the sublimation of water content from the product. The process is facilitated through the use of specialized equipment known as lyophilizers.
Market growth is expected to be driven by increasing demand for effective packaging solutions for thermally sensitive drugs, as well as rising investments in industrial advancements and collaborative efforts in lyophilization technologies. Expansion of manufacturing facilities and research collaborations are anticipated to further propel the market. Moreover, ongoing validation studies and process optimization initiatives aimed at addressing operational challenges are expected to contribute to market development. Given lyophilization's effectiveness in preserving the stability of biopharmaceuticals, such as vaccines, its adoption by pharmaceutical companies is likely to increase, presenting both opportunities and challenges for service providers in this sector.
However, several factors may impede market growth, including the high capital and operational costs associated with lyophilization equipment, the technical complexity of the process, and its limitations when applied to heat-sensitive or unstable compounds. Additionally, the availability of cost-effective alternatives, such as spray drying, and the imposition of stringent regulatory requirements may further constrain market expansion.
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Geographically, North America and the Asia-Pacific region are expected to dominate the global lyophilization services market for biopharmaceuticals throughout the forecast period (2023-2031), driven by significant facility expansions and increased financial support for technological enhancements in lyophilization processes.
Key developments in the market
• In Nov 2021, Baxter BioPharma announced an around $100 million expansion of its sterile fill/finish manufacturing facility in Germany. This strategic investment expanded the BPS manufacturing footprint and added state-of-the-art equipment to help products achieve stability and improved shelf life through lyophilization (freeze-drying).
• In July 2021, Curia acquired Integrity Bio, Inc. to accelerate growth strategy and our existing expertise, enhancing our biologics drug formulation development and fill-finish network. Integrity Bio also adds West Coast coverage to Curia's East Coast and European capabilities.
• In July 2020, Samsung Biologics announced the expansion of its drug product manufacturing facility for flexible production capabilities for new and existing clients. This expansion will increase the lyophilization capacity by 246 % of the current total.
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Market Segmentation:
Global Lyophilization Services for Biopharmaceuticals Market, by Type of Biologic Lyophilized, 2023-2031 (Value US$ Mn)
• Antibodies
• Cell and Gene Therapies
• Vaccines
• Other Biologics
Global Lyophilization Services for Biopharmaceuticals Market, by Type of Primary Packaging System, 2023-2031 (Value US$ Mn)
• Vials
• Syringes
• Cartridges
• Ampoules
• Others
Global Lyophilization Services for Biopharmaceuticals Market, by Region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Lyophilization Services for Biopharmaceuticals Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Lyophilization Services for Biopharmaceuticals Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Lyophilization Services for Biopharmaceuticals Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Lyophilization Services for Biopharmaceuticals Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Lyophilization Services for Biopharmaceuticals Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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• To receive a comprehensive analysis of the prospects for the global Lyophilization Services for Biopharmaceuticals Market
• To receive an industry overview and future trends of the Lyophilization Services for Biopharmaceuticals Market
• To analyze the Lyophilization Services for Biopharmaceuticals Market drivers and challenges
• To get information on the Lyophilization Services for Biopharmaceuticals Market size (Value US$ Mn) forecast to 2031
• To get information on significant investments, mergers & acquisitions in the Lyophilization Services for Biopharmaceuticals Market industry
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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