Global Lyophilization Equipment And Services Market to grow at a CAGR of 8.36% during 2016-2020

MarketResearchReports.Biz has announced addition of new report “Global Lyophilization Equipment And Services Market 2016-2020” to its database.

About Lyophilization

Lyophilization or freeze drying is a dehydration process used to preserve perishable materials and transport them easily. It is an efficient method for drying various unstable, heat-sensitive, and aqueous products in various industries. The process is widely used in the pharmaceutical and biotechnology companies to stabilize, store, and increase the shelf life of drug products and other biological molecules such as antibodies, proteins, hormones, enzymes, blood plasma, and bacteria-derived compounds, without affecting their internal physical structure. The process removes 95%-97% of the moisture or solvent from the products and provides a prolonged storage. Freeze drying also helps produce tablets or wafers for easy dosage administration.

Technavios analysts forecast the global lyophilization equipment and services market to grow at a CAGR of 8.36% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global lyophilization equipment and services market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of:

Equipment:

Tray-style freeze dryer

Manifold freeze dryer

Rotary freeze dryer

Services:

Aseptic filling

Cycle developments

Bulk lyophilization

The market is divided into the following segments based on geography:

Americas

EMEA

APAC

 

Technavio’s report, Global Lyophilization Equipment and Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Azbil Telstar

GEA Group

Labconco

Thermo Fisher Scientific

Other prominent vendors

Aseptic Technologies

Biopharma Technology

Coriolis Pharma

Cryotec

Freezedry Specialties

HOF Enterprise Group

IMA Pharmaceuticals

MechaTech Systems

Tofflon Science and Technology

W.L. Gore and Associates

Market driver

Focus on labile drugs and injectable therapeutics

For a full, detailed list, view our report

 

Market challenge

Shortage of skilled technicians

For a full, detailed list, view our report

 

Market trend

Novel technologies for lyophilization

For a full, detailed list, view our report

 

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

 

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