Lyophilization in Pharmaceuticals Market
Lyophilization in Pharmaceuticals Market Overview
The report is titled as ‘Lyophilization in Pharmaceuticals Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the lyophilization in pharmaceuticals market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Lyophilization in pharmaceuticals market is expected to grow with significant rate in the near future.
The global lyophilization in pharmaceuticals market in 2020 is estimated for more than US$ 6.7 Bn and expected to reach a value of US$ 11.6 Bn by 2028 with a significant CAGR of 7.2%.
Lyophilization in Pharmaceuticals Market Definition
Lyophilization, also commonly known as freeze drying, is a stabilization method that is broadly used in the pharmaceutical industry for vaccines, drugs, antibodies, and other biological material. Most of the biopharmaceutical companies are employing lyophilization services to keep drugs and APIs sterile. The biotechnological and pharmaceutical drugs are often highly sensitive from surroundings and external factors such as excessive sunlight, oxygen and others, which can ultimately negatively affect the product. Therefore, lyophilization provides a suitable and highly efficient method to fulfil the needs for managing the complexities of constituents during pharmaceutical manufacturing, thus successfully preserving the products without any loss.
The lyophilized or freeze-dried medicinal products have a very high surface area, which allows them to be reformed speedily. This rapid reconstitution is specifically crucial in the case of emergency antibodies and vaccines, which need to be regulated as soon as possible. The complete lyophilization process is carried out in three steps, starting from freezing phase, primary drying phase and lastly, secondary drying phase. The complete process of lyophilization escalates the product efficiency in terms of value it needs to persist, like a convenience in transportation, longer shelf life, and primary quality to preserve perishable materials.
The vast market for pharmaceuticals is experiencing a decline, wherein the returns on the pharmaceutical investments have also shrunk along with regulatory pricing pressure and shortened profit margins for the manufacturers. In this scenario, the pharmaceutical companies are compelled to confront the truth and lower the price of drug production. This has led to the evaluation of production expenditure and adoption of cost-saving options such as outsourcing the clinical trials.
The contract research organizations are specialized service providers that help in partial to overall conduction of clinical trials to the pharmaceutical manufacturers in order to cut down on the costs of drug development and clinical trials.
Lyophilization holds a promising application in the drug development process as the heat-sensitive or unstable biological and drugs can be dried at low temperatures without compromising on their physical structures and can be reconstituted on its requirement
Lyophilization in Pharmaceuticals Market Dynamics
The high cost of maintenance and setting up systems for carrying out the process of lyophilization as well as trained workforce to handle the systems carefully are some factors which are likely to hold back the growth of the global lyophilization in the pharmaceuticals market in the near future. Nevertheless, recently, there is technological advancement and approval in the injectable drug formulations, which parallely provides rapid growth to the lyophilization in the healthcare sector, thus propelling the growth of the global lyophilization in pharmaceuticals market.
By the same token, there is a rising demand for lyophilized products as well as superior products with longer shelf life and stability in the global market which is also positively supporting the growth of the global lyophilization in pharmaceuticals market. Although, another factor that may limit the market growth is there can be mechanical errors that can take place like excess heating, vapor choking, condenser overload which may obstruct the growth of the global lyophilization in pharmaceuticals market.
Lyophilization in Pharmaceuticals Market Segmentation
Lyophilization in Pharmaceuticals market includes segments such as Type, Scale of Operation, Product Type, and by Application.
The type segment further divided into three other categories such as:
Tray-Style Freeze Dryers
Manifold Freeze Dryers
Shell (Rotary) Freeze Dryers
The scale of the operation segment in lyophilization in pharmaceuticals further divided into three other categories such as:
Industrial-Scale Lyophilization Equipment
Pilot-Scale Lyophilization Equipment
Laboratory-Scale Lyophilization Equipment
The product type segment in lyophilization in pharmaceuticals further divided into eight other categories such as:
Loading & Unloading Systems
Controlling & Monitoring Systems
Vacuum Systems
Clean-in-Place (CIP) Systems
Drying Chambers
Freeze Drying Trays & Shelves
Manifolds
Other Accessories
The application segment in lyophilization in pharmaceuticals further divided into four other categories such as:
Food Processing and Packaging
Pharmaceutical and Biotechnology Manufacturing
Medical Applications
Others
Lyophilization in Pharmaceuticals Market Key Players
Lyophilization in Pharmaceuticals market is mainly dominated by Thermo Fisher Scientific, Inc., SP Industries, Azbil Corporation, GEA Group, Millrock Technology, Inc., Labconco Corporation, Biopharma Process Systems, Inc., Z-SC1 Corp, PYRAMID Laboratories, Inc., and ZIRBUS Technology GmbH.
Lyophilization in Pharmaceuticals Market Regional Segmentation Overview
On the basis of region, the global Lyophilization in pharmaceuticals market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America Lyophilization in pharmaceuticals market is expected to be the most dominating market throughout the forecast period due to the increasing number of pharmaceutical companies and research institutes in the U.S. Whereas, Europe will maintain its second largest position with Germany and U.K being the most attractive markets within the region.
MMC Overview on Lyophilization in Pharmaceuticals Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Lyophilization in Pharmaceuticals market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Lyophilization in Pharmaceuticals
• Advantages of Lyophilization in Pharmaceuticals
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Lyophilization in Pharmaceutical Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Lyophilization in Pharmaceutical Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Lyophilization in Pharmaceutical Market Snapshot
2.4. Global Lyophilization in Pharmaceutical Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Lyophilization in Pharmaceutical Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Lyophilization in Pharmaceutical Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. Tray-Style Freeze Dryers
3.2.2. Manifold Freeze Dryers
3.2.3. Shell (Rotary) Freeze Dryers
3.3. Global Lyophilization in Pharmaceutical Market Attractiveness Index, By Type
4. Global Lyophilization in Pharmaceutical Market, By Scale of Operation
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Scale of Operation
4.1.2. BPS Analysis, By Scale of Operation
4.2. Market Revenue (US$Mn) Forecast, By Scale of Operation
4.2.1. Industrial-Scale Lyophilization Equipment
4.2.2. Pilot-Scale Lyophilization Equipment
4.2.3. Laboratory-Scale Lyophilization Equipment
4.3. Global Lyophilization in Pharmaceutical Market Attractiveness Index, By Scale of Operation
5. Global Lyophilization in Pharmaceutical Market, By Product Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Product Type
5.1.2. BPS Analysis, By Product Type
5.2. Market Revenue (US$Mn) Forecast, By Product Type
5.2.1. Loading & Unloading Systems
5.2.2. Controlling & Monitoring Systems
5.2.3. Vacuum Systems
5.2.4. Clean-in-Place (CIP) Systems
5.2.5. Drying Chambers
5.2.6. Freeze Drying Trays & Shelves
5.2.7. Manifolds
5.2.8. Other Accessories
5.3. Global Lyophilization in Pharmaceutical Market Attractiveness Index, By Product Type
6. Global Lyophilization in Pharmaceutical Market, By Application
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Application
6.1.2. BPS Analysis, By Application
6.2. Market Revenue (US$Mn) Forecast, By Application
6.2.1. Food Processing and Packaging
6.2.2. Pharmaceutical and Biotechnology Manufacturing
6.2.3. Medical Applications
6.2.4. Others
6.3. Global Lyophilization in Pharmaceutical Market Attractiveness Index, By Application
7. Global Lyophilization in Pharmaceutical Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Lyophilization in Pharmaceutical Market Attractiveness Index, By Region
8. North America Lyophilization in Pharmaceutical Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. U.S. Lyophilization in Pharmaceutical Market
8.2.2. Canada Lyophilization in Pharmaceutical Market
8.3. North America Lyophilization in Pharmaceutical Market, By Type
8.3.1. Tray-Style Freeze Dryers
8.3.2. Manifold Freeze Dryers
8.3.3. Shell (Rotary) Freeze Dryers
8.4. North America Lyophilization in Pharmaceutical Market, By Scale of Operation
8.4.1. Industrial-Scale Lyophilization Equipment
8.4.2. Pilot-Scale Lyophilization Equipment
8.4.3. Laboratory-Scale Lyophilization Equipment
8.5. North America Lyophilization in Pharmaceutical Market, By Product Type
8.5.1. Loading & Unloading Systems
8.5.2. Controlling & Monitoring Systems
8.5.3. Vacuum Systems
8.5.4. Clean-in-Place (CIP) Systems
8.5.5. Drying Chambers
8.5.6. Freeze Drying Trays & Shelves
8.5.7. Manifolds
8.5.8. Other Accessories
8.6. North America Lyophilization in Pharmaceutical Market, By Application
8.6.1. Food Processing and Packaging
8.6.2. Pharmaceutical and Biotechnology Manufacturing
8.6.3. Medical Applications
8.6.4. Others
8.7. North America Lyophilization in Pharmaceutical Market Attractiveness Index
8.7.1. By Country
8.7.2. By Type
8.7.3. By Scale of Operation
8.7.4. By Product Type
8.7.5. By Application
9. Latin America Lyophilization in Pharmaceutical Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Lyophilization in Pharmaceutical Market
9.2.2. Mexico Lyophilization in Pharmaceutical Market
9.2.3. Argentina Lyophilization in Pharmaceutical Market
9.2.4. Rest of Latin America Lyophilization in Pharmaceutical Market
9.3. Latin America Lyophilization in Pharmaceutical Market, By Type
9.3.1. Tray-Style Freeze Dryers
9.3.2. Manifold Freeze Dryers
9.3.3. Shell (Rotary) Freeze Dryers
9.4. Latin America Lyophilization in Pharmaceutical Market, By Scale of Operation
9.4.1. Industrial-Scale Lyophilization Equipment
9.4.2. Pilot-Scale Lyophilization Equipment
9.4.3. Laboratory-Scale Lyophilization Equipment
9.5. Latin America Lyophilization in Pharmaceutical Market, By Product Type
9.5.1. Loading & Unloading Systems
9.5.2. Controlling & Monitoring Systems
9.5.3. Vacuum Systems
9.5.4. Clean-in-Place (CIP) Systems
9.5.5. Drying Chambers
9.5.6. Freeze Drying Trays & Shelves
9.5.7. Manifolds
9.5.8. Other Accessories
9.6. Latin America Lyophilization in Pharmaceutical Market, By Application
9.6.1. Food Processing and Packaging
9.6.2. Pharmaceutical and Biotechnology Manufacturing
9.6.3. Medical Applications
9.6.4. Others
9.7. Latin America Lyophilization in Pharmaceutical Market Attractiveness Index
9.7.1. By Country
9.7.2. By Type
9.7.3. By Scale of Operation
9.7.4. By Product Type
9.7.5. By Application
10. Europe Lyophilization in Pharmaceutical Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Lyophilization in Pharmaceutical Market
10.2.2. Germany Lyophilization in Pharmaceutical Market
10.2.3. Italy Lyophilization in Pharmaceutical Market
10.2.4. France Lyophilization in Pharmaceutical Market
10.2.5. Spain Lyophilization in Pharmaceutical Market
10.2.6. Russia Lyophilization in Pharmaceutical Market
10.2.7. Poland Lyophilization in Pharmaceutical Market
10.2.8. BENELUX Lyophilization in Pharmaceutical Market
10.2.9. NORDIC Lyophilization in Pharmaceutical Market
10.2.10. Rest of Europe Lyophilization in Pharmaceutical Market
10.3. Europe Lyophilization in Pharmaceutical Market, By Type
10.3.1. Tray-Style Freeze Dryers
10.3.2. Manifold Freeze Dryers
10.3.3. Shell (Rotary) Freeze Dryers
10.4. Europe Lyophilization in Pharmaceutical Market, By Scale of Operation
10.4.1. Industrial-Scale Lyophilization Equipment
10.4.2. Pilot-Scale Lyophilization Equipment
10.4.3. Laboratory-Scale Lyophilization Equipment
10.5. Europe Lyophilization in Pharmaceutical Market, By Product Type
10.5.1. Loading & Unloading Systems
10.5.2. Controlling & Monitoring Systems
10.5.3. Vacuum Systems
10.5.4. Clean-in-Place (CIP) Systems
10.5.5. Drying Chambers
10.5.6. Freeze Drying Trays & Shelves
10.5.7. Manifolds
10.5.8. Other Accessories
10.6. Europe Lyophilization in Pharmaceutical Market, By Application
10.6.1. Food Processing and Packaging
10.6.2. Pharmaceutical and Biotechnology Manufacturing
10.6.3. Medical Applications
10.6.4. Others
10.7. Europe Lyophilization in Pharmaceutical Market Attractiveness Index
10.7.1. By Country
10.7.2. By Type
10.7.3. By Scale of Operation
10.7.4. By Product Type
10.7.5. By Application
11. Asia Pacific Lyophilization in Pharmaceutical Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Lyophilization in Pharmaceutical Market
11.2.2. India Lyophilization in Pharmaceutical Market
11.2.3. Japan Lyophilization in Pharmaceutical Market
11.2.4. Australia and New Zealand Lyophilization in Pharmaceutical Market
11.2.5. South Korea Lyophilization in Pharmaceutical Market
11.2.6. ASEAN Lyophilization in Pharmaceutical Market
11.2.7. Rest of Asia Pacific Lyophilization in Pharmaceutical Market
11.3. Asia Pacific Lyophilization in Pharmaceutical Market, By Type
11.3.1. Tray-Style Freeze Dryers
11.3.2. Manifold Freeze Dryers
11.3.3. Shell (Rotary) Freeze Dryers
11.4. Asia Pacific Lyophilization in Pharmaceutical Market, By Scale of Operation
11.4.1. Industrial-Scale Lyophilization Equipment
11.4.2. Pilot-Scale Lyophilization Equipment
11.4.3. Laboratory-Scale Lyophilization Equipment
11.5. Asia Pacific Lyophilization in Pharmaceutical Market, By Product Type
11.5.1. Loading & Unloading Systems
11.5.2. Controlling & Monitoring Systems
11.5.3. Vacuum Systems
11.5.4. Clean-in-Place (CIP) Systems
11.5.5. Drying Chambers
11.5.6. Freeze Drying Trays & Shelves
11.5.7. Manifolds
11.5.8. Other Accessories
11.6. Asia Pacific Lyophilization in Pharmaceutical Market, By Application
11.6.1. Food Processing and Packaging
11.6.2. Pharmaceutical and Biotechnology Manufacturing
11.6.3. Medical Applications
11.6.4. Others
11.7. Asia Pacific Lyophilization in Pharmaceutical Market Attractiveness Index
11.7.1. By Country
11.7.2. By Type
11.7.3. By Scale of Operation
11.7.4. By Product Type
11.7.5. By Application
12. Middle East Lyophilization in Pharmaceutical Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Lyophilization in Pharmaceutical Market
12.2.2. Israel Lyophilization in Pharmaceutical Market
12.2.3. Oman Lyophilization in Pharmaceutical Market
12.2.4. Rest of Middle East Lyophilization in Pharmaceutical Market
12.3. Middle East Lyophilization in Pharmaceutical Market, By Type
12.3.1. Tray-Style Freeze Dryers
12.3.2. Manifold Freeze Dryers
12.3.3. Shell (Rotary) Freeze Dryers
12.4. Middle East Lyophilization in Pharmaceutical Market, By Scale of Operation
12.4.1. Industrial-Scale Lyophilization Equipment
12.4.2. Pilot-Scale Lyophilization Equipment
12.4.3. Laboratory-Scale Lyophilization Equipment
12.5. Middle East Lyophilization in Pharmaceutical Market, By Product Type
12.5.1. Loading & Unloading Systems
12.5.2. Controlling & Monitoring Systems
12.5.3. Vacuum Systems
12.5.4. Clean-in-Place (CIP) Systems
12.5.5. Drying Chambers
12.5.6. Freeze Drying Trays & Shelves
12.5.7. Manifolds
12.5.8. Other Accessories
12.6. Middle East Lyophilization in Pharmaceutical Market, By Application
12.6.1. Food Processing and Packaging
12.6.2. Pharmaceutical and Biotechnology Manufacturing
12.6.3. Medical Applications
12.6.4. Others
12.7. Middle East Lyophilization in Pharmaceutical Market Attractiveness Index
12.7.1. By Country
12.7.2. By Type
12.7.3. By Scale of Operation
12.7.4. By Product Type
12.7.5. By Application
13. Africa Lyophilization in Pharmaceutical Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Lyophilization in Pharmaceutical Market
13.2.2. Egypt Lyophilization in Pharmaceutical Market
13.2.3. North Africa Lyophilization in Pharmaceutical Market
13.2.4. Rest of Africa Lyophilization in Pharmaceutical Market
13.3. Africa Lyophilization in Pharmaceutical Market, By Type
13.3.1. Tray-Style Freeze Dryers
13.3.2. Manifold Freeze Dryers
13.3.3. Shell (Rotary) Freeze Dryers
13.4. Africa Lyophilization in Pharmaceutical Market, By Scale of Operation
13.4.1. Industrial-Scale Lyophilization Equipment
13.4.2. Pilot-Scale Lyophilization Equipment
13.4.3. Laboratory-Scale Lyophilization Equipment
13.5. Africa Lyophilization in Pharmaceutical Market, By Product Type
13.5.1. Loading & Unloading Systems
13.5.2. Controlling & Monitoring Systems
13.5.3. Vacuum Systems
13.5.4. Clean-in-Place (CIP) Systems
13.5.5. Drying Chambers
13.5.6. Freeze Drying Trays & Shelves
13.5.7. Manifolds
13.5.8. Other Accessories
13.6. Africa Lyophilization in Pharmaceutical Market, By Application
13.6.1. Food Processing and Packaging
13.6.2. Pharmaceutical and Biotechnology Manufacturing
13.6.3. Medical Applications
13.6.4. Others
13.7. Africa Lyophilization in Pharmaceutical Market Attractiveness Index
13.7.1. By Country
13.7.2. By Type
13.7.3. By Scale of Operation
13.7.4. By Product Type
13.7.5. By Application
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Thermo Fisher Scientific, Inc.
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Key Developments
15.3.1.5. Business Strategies
15.3.2. SP Industries
15.3.3. Azbil Corporation
15.3.4. GEA Group
15.3.5. Millrock Technology, Inc.
15.3.6. Labconco Corporation
15.3.7. Biopharma Process Systems, Inc.
15.3.8. Z-SC1 Corp
15.3.9. PYRAMID Laboratories, Inc.
15.3.10. ZIRBUS Technology GmbH
16. Acronyms