zbil Corporation (Japan), SP Industries Inc. (U.S.), Labconco Corporation (U.S.), Optima Packaging Group GmbH (Germany), HOF Enterprise Group (Germany), Martin Christ Gefriertrocknungsanlagen GmbH (Germany), and Millrock technology, Inc. (U.S.)
(PRWEB) September 17, 2014
The “Freeze Drying / Lyophilization Equipment Market by Scale (Lab, Pilot, & Industrial), Technology (Rotary, Manifold, & Tray - style) & by Accessories (Loading/Unloading System, Vacuum System, Clean-in-Place System, Control System) - Global Forecast to 2019”, analyzes and studies the major market drivers, restraints, opportunities, and challenges, and burning issues in North America, Europe, Asia-Pacific, and the Rest of the World.
Browse 83 market data tables with 31 figures spread through 190 pages and in-depth TOC on " Freeze Drying / Lyophilization Equipment Market".
Early buyers will receive 10% customization on this report.
This report studies the freeze drying equipment market over the forecast period of 2014 to 2019. The global freeze drying market is estimated to be worth $1,969.7 million by the end of 2014 and is expected to reach $2,655.9 million by 2019, at a CAGR of 6.2% from 2014 to 2019.
ASk for PDF Brochure at http://www.marketsandmarkets.com/pdfdownload.asp?id=24018886
Today, a number of pharmaceutical and biotech manufacturers are increasingly expanding their existing freeze drying capacities in order to enhance the lifespan of the high value products such as vaccines, antibodies, proteins, enzymes, hormones, blood plasma, and bacteria-derived compounds. In addition, there is an increasing adoption of technologically advanced freeze drying solutions in the pharmaceutical industry to minimize human intervention in the freeze drying process to avoid contamination risks for the high value pharmaceutical and biotech products. However, shortage of skilled personnel with the expertise to operate, maintain, and scale up freeze drying systems, expensive set up and maintenance costs of freeze drying systems, rising adoption of refurbished freeze drying systems by pharmaceutical companies for cost-cutting activities, emergence and increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industry, may restrain the growth of this market during the forecast period of 2014 to 2019.
In this report, the freeze drying market is segmented on the basis of different types of equipment and accessories, and geographies. This report also discusses the key market drivers, restraints, opportunities, and challenges for this market and its submarkets.
In 2013, Asia-Pacific region held nearly 1/3rd of the global market share, followed by North America with a share of ~30%. The highest market share of Asia-Pacific region is attributed to the presence and expansion of major pharmaceutical and biotechnology companies in these regions, especially in China, India, and Japan. Shift of pharmaceutical companies to this low cost manufacturing region as well as focus of expansion of major freeze drying market players are the major growth drivers for the freeze drying equipment in Asia-Pacific region.
For More details Speak to Analyst at http://www.marketsandmarkets.com/speaktoanalyst.asp?id=24018886
The major players in the freeze drying market include Tofflon Science and Technology Co., Ltd.(China), IMA S.p.A.(Italy), GEA Group (Germany), Azbil Corporation (Japan), SP Industries Inc. (U.S.), Labconco Corporation (U.S.), Optima Packaging Group GmbH (Germany, HOF Enterprise Group (Germany), Martin Christ Gefriertrocknungsanlagen GmbH (Germany), and Millrock technology, Inc. (U.S.).
Browse Related Reports:
Cell-based Assays Market by Product [Reagents & Assay Kits (Cytotoxicity, GPCR), Cell lines, Plate Readers, HCS, HTS, Software & Assay Development Services], Application (Drug Discovery, ADMET), End-user (Pharmaceutical, CRO) - Global Forecast to 2018
Next Generation Sequencing (NGS) Market by Platforms (Illumina HiSeq, MiSeq, HiSeqX Ten, NextSeq 500,Thermo Fisher Ion Proton/PGM), Bioinformatics (Exome Sequencing, RNA-Seq, ChIP-Seq), Technology (SBS, SMRT) & by Application (Diagnostics, Personalized Medicine) – Global Forecast to 2020
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog at http://mnmblog.org/market-research/healthcare/biotechnology
Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets