Product Code: 3577
The lyophilization equipment market is foreseen to amass substantial gains by 2030 owing to mounting utilization of the technique in varied industry verticals. In addition, consistent efforts for advancing lyophilizers to cater to the rising demand from the expanding pharmaceutical industry, along with the need for increased scalability and effectiveness of freeze-dried products, are likely to propel the market growth over the forecast period.
The industry gained traction due to the burgeoning demand for vaccines and drugs during the COVID-19 pandemic. Rapid development of vaccines in emerging nations opened new opportunities for the lyophilization equipment market as many pharmaceutical companies adopted the technology for processing drugs for the coronavirus infection.
Moreover, major industry players have been focusing on broadening their product portfolio as well as undertaking effective growth partnerships and mergers to remain ahead in the competitive landscape. To cite an instance, in June 2021, SP Industries Inc., a manufacturer of specialty equipment and lab supplies, launched a new R&D freeze dryer, the SP Hull LyoStar 4.0 to facilitate the research, optimization, and process scaling up of freeze-dry cycles.
The lyophilization equipment market has been bifurcated in terms of product, scale of operation, application, and region.
Based on application, the lyophilization equipment industry has been classified into pharmaceutical, biotechnology, biomedical, food processing, and others. The food processing segment held around 28.5% market share in 2021 and is expected to depict significant growth from 2022 to 2030. Shifting consumer preferences toward ready-made food, in line with rapid urbanization, has escalated the consumption of preserved food, which is fueling product penetration. Extensive use of freeze dryers in coffee and tropical fruits has encouraged manufacturers to adopt the lyophilization technique in the food industry, thereby proliferating segment growth.
Meanwhile, the pharmaceutical application segment accounted for more than 25.9% share of the lyophilization equipment market revenue in 2021. Surging demand for protein-based drugs, together with increased freeze drying of active pharmaceutical ingredients (API), is driving the pharmaceutical segment growth.
In the regional context, the Middle East & Africa lyophilization equipment industry captured over 8% share of the overall market revenue in 2021. The cumulative awareness among individuals regarding the latest technological trends and several benefits associated with the usage of lyophilized products is fostering the MEA lyophilization equipment industry growth. Additionally, the development of the pharmaceutical and biotechnological sectors is projected to further stimulate the demand for lyophilized equipment in the region between 2022 and 2030.
On the other hand, the Latin America lyophilization equipment market is primed to showcase above 9.4% CAGR over the next 8 years as a result of the strong presence of an extensive customer base and improvements in the medical devices industry in the LATAM region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Base estimates and working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 MEA
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Lyophilization equipment industry 360 degree synopsis, 2017 - 2030
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Scale of operation trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 Lyophilization Equipment Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2017 - 2030 (USD Million)
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Rising demand for lyophilized products
- 3.3.1.2 Technological advancements in lyophilization technique
- 3.3.1.3 Rapid expansion of pharmaceutical and food industry
- 3.3.1.4 Growing demand for superior products with longer shelf life and stability
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 High setup and maintenance cost of freeze-drying equipment
- 3.3.2.2 Lack of skilled workforce
- 3.4 Growth potential analysis
- 3.4.1 By product
- 3.4.2 By scale of operation
- 3.4.3 By application
- 3.5 COVID- 19 impact analysis
- 3.6 Regulatory landscape
- 3.7 Comparative analysis of tray, manifold and rotary freeze dryers
- 3.8 Porter's analysis
- 3.8.1 Bargaining power of suppliers
- 3.8.2 Bargaining power of buyers
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Industry rivalry
- 3.9 Competitive landscape, 2021
- 3.9.1 GEA Group
- 3.9.2 Telstar
- 3.9.3 Optima Pharma
- 3.9.4 Company matrix analysis, 2021
- 3.10 PESTEL analysis
Chapter 4 Lyophilization Equipment Market, By Product
- 4.1 Key segment trends
- 4.2 Tray style freeze dryers
- 4.2.1 Market size, by region, 2017 - 2030 (USD Million)
- 4.3 Manifold freeze dryers
- 4.3.1 Market size, by region, 2017 - 2030 (USD Million)
- 4.4 Rotary freeze dryers
- 4.4.1 Market size, by region, 2017 - 2030 (USD Million)
Chapter 5 Lyophilization Equipment Market, By Scale of Operation
- 5.1 Key segment trends
- 5.2 Bench top
- 5.2.1 Market size, by region, 2017 - 2030 (USD Million)
- 5.3 Pilot scale
- 5.3.1 Market size, by region, 2017 - 2030 (USD Million)
- 5.4 Industrial scale
- 5.4.1 Market size, by region, 2017 - 2030 (USD Million)
Chapter 6 Lyophilization Equipment Market, By Application
- 6.1 Key segment trends
- 6.2 Pharmaceutical
- 6.2.1 Market size, by region, 2017 - 2030 (USD Million)
- 6.3 Biotechnology
- 6.3.1 Market size, by region, 2017 - 2030 (USD Million)
- 6.4 Biomedical
- 6.4.1 Market size, by region, 2017 - 2030 (USD Million)
- 6.5 Food processing
- 6.5.1 Market size, by region, 2017 - 2030 (USD Million)
- 6.6 Others
- 6.6.1 Market size, by region, 2017 - 2030 (USD Million)
Chapter 7 Lyophilization Equipment Market, By Region
- 7.1 Key regional trends
- 7.2 North America
- 7.2.1 Market size, by country, 2017 - 2030 (USD Million)
- 7.2.2 Market size, by product, 2017 - 2030 (USD Million)
- 7.2.3 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.2.4 Market size, by application, 2017 - 2030 (USD Million)
- 7.2.5 U.S.
- 7.2.5.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.2.5.2 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.2.5.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.2.6 Canada
- 7.2.6.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.2.6.2 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.2.6.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Market size, by country, 2017 - 2030 (USD Million)
- 7.3.2 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.3 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.3.4 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.5 Germany
- 7.3.5.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.5.2 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.3.5.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.6 UK
- 7.3.6.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.6.2 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.3.6.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.7 France
- 7.3.7.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.7.2 Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.3.7.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.8 Italy
- 7.3.8.1 Market size, by product, 2017 - 2030 (USD Million)
.7.3.8.2. Market size, by scale of operation, 2017 - 2030 (USD Million)
- 7.3.8.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.9 Spain
- 7.3.9.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.9.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.3.9.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.3.10 The Netherlands
- 7.3.10.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.3.10.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.3.10.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Market size, by country, 2017 - 2030 (USD Million)
- 7.4.2 Market size, by product, 2017 - 2030 (USD Million)
- 7.4.3 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.4.4 Market size, by application, 2017 - 2030 (USD Million)
- 7.4.5 Japan
- 7.4.5.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.4.5.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.4.5.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.4.6 China
- 7.4.6.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.4.6.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.4.6.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.4.7 India
- 7.4.7.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.4.7.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.4.7.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.4.8 Australia
- 7.4.8.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.4.8.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.4.8.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.5 Latin America
- 7.5.1 Market size, by country, 2017 - 2030 (USD Million)
- 7.5.2 Market size, by product, 2017 - 2030 (USD Million)
- 7.5.3 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.5.4 Market size, by application, 2017 - 2030 (USD Million)
- 7.5.5 Brazil
- 7.5.5.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.5.5.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.5.5.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.5.6 Mexico
- 7.5.6.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.5.6.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.5.6.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.5.7 Argentina
- 7.5.7.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.5.7.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.5.7.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.6 Middle East & Africa
- 7.6.1 Market size, by country, 2017 - 2030 (USD Million)
- 7.6.2 Market size, by product, 2017 - 2030 (USD Million)
- 7.6.3 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.6.4 Market size, by application, 2017 - 2030 (USD Million)
- 7.6.5 South Africa
- 7.6.5.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.6.5.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.6.5.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.6.6 Saudi Arabia
- 7.6.6.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.6.6.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.6.6.3 Market size, by application, 2017 - 2030 (USD Million)
- 7.6.7 UAE
- 7.6.7.1 Market size, by product, 2017 - 2030 (USD Million)
- 7.6.7.2 Market size, by scale of operation, 2017-2030 (USD Million)
- 7.6.7.3 Market size, by application, 2017 - 2030 (USD Million)
Chapter 8 Company Profiles
- 8.1 Competitive dashboard, 2021
- 8.2 Telstar
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
- 8.3 GEA Group
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
- 8.4 Labconco
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
- 8.5 SP Industries, Inc.
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 Strategic outlook
- 8.5.5 SWOT analysis
- 8.6 Optima Pharma
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 Strategic outlook
- 8.6.5 SWOT analysis
- 8.7 HOF Sonderanlagenbau GmbH
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
- 8.8 Buchi
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
- 8.9 Millrock Technology Inc.
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis
- 8.10 Scala Scientific
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 Strategic outlook
- 8.10.5 SWOT analysis
- 8.11 ZIRBUS Technology GmbH
- 8.11.1 Business overview
- 8.11.2 Financial data
- 8.11.3 Product landscape
- 8.11.4 Strategic outlook
- 8.11.5 SWOT analysis