The lyophilization market is estimated to grow from a value of US$2.7 Bn in 2013 to US$4.8 Bn by 2020. The global lyophilization equipment and services market is primarily driven by a thriving biopharmaceutical industry and rise in contract services.
Albany, NY -- (SBWIRE) -- 01/10/2018 -- Lyophilization process is used by pharmaceutical and biotech manufacturing industries in order to expand the life span and reduce the damage to sensitive products such as enzymes, antibodies, blood plasma, proteins and vaccines. Various technological advancements and increasing risk of contamination of high value pharmaceutical products are few of the factors contributing to the growth of the global lyophilization equipment and services market. It is vital for every pharmaceutical organization to maintain the function and efficacy of the drug molecule and prevent it from damage. Furthermore, growth in the number of commercially available vaccines and injectables for various disease conditions and rising demand of contract manufacturing and outsourcing activities in the biopharmaceutical industry is also expected to accentuate the growth of the global lyophilization equipment and services market in the coming few years.
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This report provides an in-depth analysis of the lyophilization equipment and services market across various regions. A detailed analysis of the market forecast in terms of annual revenue, in USD millions, is provided for the period 2014 to 2020, considering 2013 as the base year. Lyophilization equipment and services market is expected to grow rapidly with rising opportunities in emerging markets such as China, India, Mexico and Brazil and an increase in demand of technologically advanced services in the biopharmaceutical, nutraceuticals and pharmaceutical industries.
The executive summary of this report provides a market snapshot with details about various segments in the lyophilization equipment and services market. The market dynamics such as drivers, restraints and opportunities that influence the current and future status of of lyophilization equipment and services are covered under the market overview section of this report. Impact factors such as market attractiveness analysis, event mapping, value chain analysis and Porter's five forces analysis have also been provided in the market overview section of the report in order to give a thorough analysis of the overall competitive scenario in the global lyophilization equipment and services market. The report covers competitive analysis section which includes heat map analysis by key market players. Through heat map analysis, the stakeholder of this report would be able to identify the presence of market players across various segments of this market. All these factors would help the market players to gain thorough analysis of the overall competitive scenario and thereby decide upon the business strategies and plans to be implemented in future for gaining a significant share in the global lyophilization equipment and services market.
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The global lyophilization equipment and services market is classified based on the type of equipment, lyophilization services, applications and geography. Based on the type of equipment the global lyophilization equipment and services market is segmented into bench-top lyophilizers, tray lyophilizers, rotary lyophilizers and freeze drying microscopes. On the basis of lyophilization services, the market is segmented into cycle development, aseptic filling and bulk lyophilization. Furthermore, based on the application areas, the lyophilization equipment and services market is segmented into pharmaceuticals, biopharmaceuticals, diagnostics and nutraceuticals. A detailed market analysis of the above segments has been provided at global level in this study, based on their market size and forecast in terms of USD million for the period 2013 to 2020. The compounded annual growth rate (CAGR %) has been estimated for the period 2014 to 2020, considering 2013 as the base year.
In terms of geographical analysis, the global lyophilization equipment and services market has been categorized into six geographical regions, namely North America, Europe, Asia Pacific, Latin America, Middle-East and Rest of the World (RoW). This section further provides market size and forecast for lyophilization equipment as well as services in each region. The market size and forecast of the mentioned regional markets is provided for the period 2012 to 2020 along with their growth rates (CAGR) for the period 2014 to 2020. The report also includes strategic recommendations which would be useful for the current and future market players to sustain, grow and establish an enviable position in the global lyophilization equipment and services market.
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The report concludes with the company profiles section which comprises key information such as company overview, financial overview, product portfolio, business strategies and recent developments about the major players in lyophilization equipment and services market. Some of the key players profiled in this report include Aseptic Technologies, Azbil Telstar, S.L., BioPharma Solutions, Biopharma Technology, Ltd., Irvine Pharmaceutical Services, LSNE Contract Manufacturing, Lyophilization Technology, Inc., SP Scientific, Thermo Fisher Scientific, Inc., W.L. Gore & Associates, Inc. and ZIRBUS Technology GmbH.
The global lyophilization equipment and services market is segmented into the following categories:
Lyophilization Equipment, by Equipment Type
Bench – top Lyophilizers
Freeze Drying Microscope
Lyophilization Services Market, by Service Type
Lyophilization Equipment and Services Market, by Applications
Lyophilization Equipment and Services Market, by Geography
Rest of the World (RoW)