October 18, 2019
According to the latest study titled ‘Global (United States, European Union and China) Lyophilization Equipment Market Research Report 2019-2025’ available with Market Study Report LLC, the global lyophilization equipment market is estimated to grow substantially by the year 2025.
Lyophilization is a free-drying process which is widely used for preservation of biological materials. The main aim is to remove water from the sample; hence the sample is first freezed and dried under vacuum at very low temperature. The lyophilization equipment consists of refrigeration system, heating system, vacuum system, and electric instrument control system.
The need to improve the lifespan and stability of the perishable products will boost the adoption of lyophilization equipment over the foreseeable period. Extensive use of equipment in the biotechnology and biomedical industries to preserve blood samples, vaccines, purified proteins, and other biological material will further propel the market growth. Additionally, increasing demand for sterile packaging and preservation, along with the increase in the production of protein-based drugs is anticipated to boost the demand for lyophilization equipment.
The study analyzes lyophilization equipment market for production patterns, capacity trends, and revenue shares, and concentration ratio for each segment and manufacturer. It also provides a detailed synopsis of trends, challenges, threats, drivers, value chain, and sales channels influencing the market growth.
Based on type, the lyophilization equipment market is segmented as rotary lyophilization equipment, and manifold lyophilization equipment. While based on application spectrum, the market is divided into medical applications, food processing & packaging, and pharma & biotechnology.
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Considering the geographical landscape, the global lyophilization equipment market is fragmented into regions, namely, China, United States, European Union, and rest of the world including Japan, Korea, India and Southeast Asia. Moreover, the Asia-Pacific region dominated the lyophilization equipment market in 2014, claims the report.
Some of the vendors that operate in the lyophilization equipment market are Gea Group, I.M.A. Industria Macchine Automatiche, Azbil, Tofflon Science and Technology, Hof Enterprise, SP Industries, Labconco, Millrock Technology, Optima Packaging, and Martin Christ Gefriertrocknungsanlagen.
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