Lyophilization Equipment Market Competitive Landscape, Growth Factors, Revenue Analysis, 2030
Posted by sneha j on November 24th, 2022
Lyophilization refers to the process of water removal that is particularly utilized in the preservation of perishable products. A lyophilizer is the equipment that executes the dehydrate process that is typically used to preserve perishable materials, to extend shelf life, or make the material more convenient for storage or transport. Lyophilizer works by freezing the material, then reducing the surround to allow the frozen water (ice) to sublimate.
𝗚𝗲𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/lyophilization-equipment-market-A11215
The major factors that impact growth of the lyophilization equipment market include growing demand for lyophilized products & preserved food, and technological advancements in lyophilization equipment to enhance the scalability and quality of end products and reduce the time taken for the process. In addition, rise in production of protein-based drugs, injectable and biopharmaceuticals in biopharmaceutical companies that need the lyophilization equipment to give better stability, longer shelf life and broader range of temperature are estimated to possibly boost the market growth. However, rise in utilization of alternative drying techniques in the pharmaceutical and biotechnology industries, high setup and maintenance cost of freeze-drying equipment and strict regulatory guidelines are expected to hinder the lyophilization equipment market growth. On the other hand, rise in the contract lyophilization and manufacturing services are expected to offer profitable opportunities for growth of the market during the forecast period.
COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The COVID-19 pandemic has helped the industry to grow significantly, as the demand for lyophilization equipment has increased owing to growing need to improve a stability of Sars-CoV-2 virus vaccines such as mRNA-LNP SARS-CoV-2 vaccine. This supports the lyophilization equipment market to gain traction during the forecast period.
The global lyophilization equipment market is segmented on the basis of modality, scale of operation, application and region. By modality, it is bifurcated into dryer and accessories. The dryer includes tray-style freeze dryers, manifold freeze dryers, and rotary freeze dryers. In addition, accessories include vacuum systems, CIP (clean-in-place) systems, drying chamber, and other accessories include loading and unloading systems, control and monitoring system, freeze drying, trays/shelves, manifolds, and others. The accessories was the major shareholder 2020, owing to increase in usage of lyophilization equipment accessories in pharmaceutical and biotech companies as well as food processing and packaging companies for manufacturing of lyophilized products.
By scale of operation, it is segmented into industrial-scale, pilot-scale and laboratory-scale. The industrial scale segment dominated the global lyophilization equipment market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to the cost affordability and large volume drying in industrial scale. Furthermore, growing applications in industrial scale manufacturing in food and pharmaceuticals production and packaging for improved product life will stimulate the segment growth potential.
Based on application, it is segmented into food processing and packaging, pharmaceutical and biotech manufacturing, medical applications, and others include surgical application, and others. The food processing and packaging acquired the largest share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to the increase in applications of lyophilization as a preservation technique for food products, as it retains the nutritional value and flavor of the food. Food ingredients are also freeze-dried to increase their shelf life, which is further propelling the use of this technology in food processing.
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About the Authorsneha j
Joined: July 12th, 2022
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