Pharmaceutical Drying Equipment Market Insights & Future Forecast 2025-2032 | Top 5 Leading Companies - FREUND CORPORATION, I.M.A. Industria Macchine Automatiche S.p.A., Syntegon Telstar, BUCHI Labortechnik AG, OPTIMA

The Global Pharmaceutical Drying Equipment Market reached US$ 5.45 billion in 2023, with a rise to US$ 5.78 billion in 2024, and is expected to reach US$ 10.35 billion by 2033, growing at a CAGR of 6.7% during the forecast period 2025-2033.

DataM Intelligence has published a new research report on "Pharmaceutical Drying Equipment Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Market Size & Forecast
2024 Market Size: US$ 5.78 Billion

2033 Projected Market Size: US$ 10.35 Billion

CAGR (2025-2033): 7.6%

North America: Largest market in 2024

Asia Pacific: Fastest-growing market

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Key Market Highlights:

The pharmaceutical industry invested over €47 billion in R&D across Europe.

North America leads with 42.8% of the pharmaceutical drying equipment market due to advanced infrastructure and strict regulations.

Asia-Pacific, the fastest-growing region at 19.7%, benefits from rising pharma and biotech production. Spray dryers dominate with a 36.2% share for their flexibility and cost-effectiveness.

Key Players:

Hosokawa Micron B.V., FREUND CORPORATION, I.M.A. Industria Macchine Automatiche S.p.A., Syntegon Telstar, BUCHI Labortechnik AG, OPTIMA, MechaTech Systems Ltd, among others.

Growth Forecast Projected:

The Global Pharmaceutical Drying Equipment Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Pharmaceutical Drying Equipment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

The spray dryers segment holds an estimated 36.2% share of the pharmaceutical drying equipment market.

The freeze dryers segment accounts for an estimated 15.4% of the pharmaceutical drying equipment market.

By Type: (Spray Dryers, Freeze Dryers, Rotary Dryers, Fluidized Bed Dryers, Vacuum Dryers, Other Dryers)

By Scale of Operation: (Industrial-Scale Equipment, Pilot-Scale Equipment, Laboratory-Scale Equipment)

By End-User: (Pharmaceutical and Biotechnology Companies, Contract Development and Manufacturing Organizations, Research Academies and Universities, Others)

Regional Analysis for Market:

In 2024, North America held a 42.8% share of the pharmaceutical drying equipment market.

In 2024, Europe accounted for a 23.4% share of the pharmaceutical drying equipment market.

In 2024, Asia-Pacific held a 19.7% share of the pharmaceutical drying equipment market.

In April 2025, Yowa Kirin completed its HB7 drug substance facility at Takasaki, Japan, investing ¥16.8 billion ($117 million) to support biopharmaceutical manufacturing, research, and staff training using its protein engineering and antibody expertise.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Pharmaceutical Drying Equipment producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Pharmaceutical Drying Equipment revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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