Freeze Drying Equipment Market Highlights
The global freeze drying equipment market held a market value of USD 2.2 billion in 2018 and is projected to grow at a CAGR of 8.9% over the forecast period.
Freeze dryers are widely used for the prevention of heat-sensitive biological materials, pharmaceuticals, and food, among others. Nowadays, freeze drying has become a standard procedure used in the biotechnology and pharmaceutical companies for stabilizing and storing drug products. This process involves drying delicate biological and heat-sensitive drugs at low temperatures, due to which the physical structure of drugs is maintained. These processed products are used in antibodies and emergency vaccines. Increasing awareness regarding various benefits of the freeze dried product, such as enhanced efficiency related to desiccant drying and air-drying are responsible for the growth of the market during the forecast period. Moreover, the rising usage of freeze drying equipment in surgical procedures.
However, high set up & maintenance cost and increasing demand for refurbished systems from various biotechnology & pharmaceutical companies are likely to restrain the growth of the market.
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Freeze Drying Equipment Market– Regional Analysis
Promising Regions & Countries Mentioned In The Freeze Drying Equipment Market Report:
- Americas (North America, US, Canada, Latin America)
- Europe (Western Europe, Germany, France, Italy, Spain, UK, Rest of Western Europe, Eastern Europe)
- Asia-Pacific (Japan, China, India, Australia, South Korea, Rest of Asia-Pacific)
- The Middle East & Africa (Middle East, Africa)
Freeze Drying Equipment Market– Segmentation
Global Freeze Drying Equipment Market, by Type
- Bench Top Freeze Dryers
- Laboratory Freeze Dryers
- Mobile Freeze Dryers
- General Purpose Freeze Dryers
- Industrial Freeze Dryers
- Others
Global Freeze Drying Equipment Market, by Application
- Biotechnology
- Pharmaceuticals
- Surgical Procedures
- Others
Global Freeze Drying Equipment Market, by End User
- Pharmaceutical Companies
- Biotechnology Companies
- Hospitals
- Others
Key Players
Some of the prominent players in the global freeze drying equipment market are Tofflon, GEA Group Aktiengesellschaft, Labconco, Azbil Corporation, Biopharma Process Systems Ltd, Cuddon Freeze Dry, Hosokawa Micron Group, Freeze Drying Systems Pvt. Ltd, Thermo Fisher Scientific Inc., Millrock Technology, Inc., ZIRBUS technology GmbH, SP Scientific, LTE Scientific Ltd, Hitachi, Ltd, MechaTech Systems Ltd, and others.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
Chapter 6. Global Freeze-Drying Equipment Market, By Type
6.1 Introduction
6.2 Bench Top Freeze Dryers
6.3 Laboratory Freeze Dryers
6.4 Mobile Freeze Dryers
6.5 General Purpose Freeze Dryers
6.6 Industrial Freeze Dryers
6.7 Others
Chapter 7. Global Freeze-Drying Equipment Market, By Application
7.1 Introduction
7.2 Biotechnology
7.3 Pharmaceuticals
7.4 Surgical Procedures
7.5 Others
Chapter 8. Global Freeze-Drying Equipment Market, By End User
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