The market is being driven by rising demand for lyophilized goods and preserved food, as well as the rise in lyophilization services and contract manufacturing across technological developments and geographies in lyophilization equipment.
The global Lyophilization Equipment market size is expected to reach close to US$ 2.3 Billion by 2029 with an annualized growth rate of 8.8% through the projected period.
Covid-19 Impact & Market Status
COVID-19 has caused widespread disruption in healthcare workflows throughout the world. Various industries, including several sub-domains of health care, have been forced to temporarily shut down because of the sickness. However, some services, such as lyophilization equipment and technology, that are used by researchers for Sars-CoV-2 viral vaccines such mRNA-LNP SARS-CoV-2 vaccines to boost vaccine durability, have been demonstrated to be beneficial.
Lyophilization is a powerful method that researchers are using to stabilize Sars-CoV-2 viral vaccines, such as mRNA-LNP SARS-CoV-2 vaccines, to help fight the COVID-19 pandemic. According to a paper published in the National Library of Medicine in April 2021, lyophilization is projected to be a reasonable step to boost the long-term stability of mRNA-LNP formulations since the presence of water stimulates breakdown processes in mRNA-LNPs.
The Glazed Body Vitrified Tile Segment will hold the Majority of the Share in the Predicted Timeframe
The dryers have many categories such as rotary freeze dryers, manifold freeze dryers, as well as tray-style freeze dryers. Drying chambers, vacuum systems, CIP (clean-in-place) systems, and other accessories such as control and monitoring systems, loading and unloading systems, freeze-drying, manifolds, trays/shelves, and others are also available.
The Industrial-Scale Segment will Hold Majority of the Share in the Predicted Timeframe
The industrial-scale segment led the global market in 2020, and this trend is likely to persist throughout the forecast period. This is because of the low cost and big volume drying on an industrial scale. Similarly, the segment's development potential will be boosted by the increasing use of industrial-scale manufacturing in medicine and food packaging and production for longer product life.
The Food Processing and Packaging Segment will Hold Majority of the Market Revenue in the Coming Future
Due to an increase in the use of lyophilization as a food preservation technique, which preserves the nutritional value and flavor of the food, the food processing and packaging segment accounted for the largest share of the lyophilization equipment market in 2020, and this trend is expected to continue throughout the forecast period. The usage of freeze-drying in the food sector is being driven by the need to increase the shelf life of food products.
Asia Pacific Market is projected to be a Maximum Growth Rate in the Future
Due to the shift of the pharmaceutical and biotechnology industries from developed to developing countries for low-cost manufacturing, and the expansion of many lyophilization equipment manufacturers in emerging countries, the Asia Pacific region is expected to grow at a significant CAGR during the forecast period. Furthermore, the lyophilization/freeze drying equipment market is growing due to increased research & development spending in the Asia-Pacific region.
Manufacturers' advancements in lyophilization/freeze drying technologies are expected to provide potential possibilities for the global lyophilization equipment market.
Lyophilization is the process of freezing and drying materials. In the pharmaceutical sector, this approach is often used to increase the shelf life of vaccinations, antibiotics, and protein-based drugs. Biopharmaceutical companies employ lyophilization services to keep drugs and APIs sterile. The need for lyophilization services is rising as the focus shifts to better production methods.
The need for preserved foods and lyophilized commodities is driving the growth of the lyophilization equipment market. Likewise, the increased manufacturing of injectables, protein-based medications, and biopharmaceuticals in biopharmaceutical industries, which require lyophilization equipment to provide longer shelf life, superior stability, and a wider temperature range, is fueling market expansion. Furthermore, technological improvements in lyophilization equipment are expected to support market growth by improving the quality and scalability of final products while also shortening the processing time. The global lyophilization equipment market is positioned for significant development, with potential originating from leather tanning, taxidermy, as well as eco-friendly services.
However, the increasing use of alternative drying processes in the biotechnology and pharmaceutical sectors, as well as the high maintenance and setup costs of rigorous regulatory standards and freeze-drying equipment is projected to stifle market expansion throughout the projection period. Likewise, the market's expansion is hampered by a scarcity of trained workers. On the other hand, the development in manufacturing services and contract lyophilization is likely to provide profitable prospects for market expansion throughout the projection period.
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In the market research section dedicated entirely to prominent players in the global lyophilization equipment market, our analysts provide insight into the financial statements of the top rivals, as well as noteworthy breakthroughs, product benchmarking, and SWOT analysis. Some of the industry's leading companies include Telstar, SP Scientific, Millrock Technology, Inc., Freezedry Specialties, Inc., OPERON, LTE Scientific Ltd, Thermo Fisher Scientific Inc., GEA Niro, I.M.A. Industria Macchine Automatiche S.p.A., Shanghai Tofflon Science and Technology Co., Ltd., MechaTech Systems Ltd, Cuddon Engineering Ltd., and Labconco Corporation. Market players were defined using financial overviews, company plans, corporate biographies, and current events.
Latest Innovations in the Global Lyophilization Equipment Market: a Snapshot
- In July 2021, SP Scientific Products (SP) has expanded its freeze dryer loader line with the introduction of two new completely GMP compliant loading solutions for SP Hull LyoConstellationTM freeze dryers. SP's latest loader releases, which are geared for sophisticated aseptic pharmaceutical processes such as lyophilization, offer innovative solutions for small to medium batch full line aseptic vial handling applications.
- Baxter International declared plans to expand its sterile fill/finish manufacturing factory in Halle/Westfalen, Germany, by $100 million in November 2021. New lyophilization equipment and an aseptic syringe filling line are among the planned upgrades. According to a press release from the company, the new lyophilization equipment will help the company meet the growing demand for prefilled syringes in the United States and Europe, while the additional aseptic line will help the company meet the growing demand for prefilled syringes in the United States and Europe.
This market research report's goal is to provide in-depth information on the global lyophilization equipment market. The research decodes complicated data to disclose the current and historical positions of the industry, as well as potential market trends and growth. The research looks at market leaders, investors, customers, and new entrants in a range of industries.
Lyophilization Equipment Market Scope
| Metrics | Details |
| Base Year | 2022 |
| Historic Data | 2021-2022 |
| Forecast Period | 2022-2032 |
| Study Period | 2021-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | US$ 2.3 Billion |
| Growth Rate | CAGR of 8.8 % during 2022-2031 |
| Segment Covered | By Product Type, By Scale of Operation, By End User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Azbil Corporation, Zirbus Technology GmbH, HOF Sonderanlagenbau GmbH, Millrock Technology, Inc., Cryotec.Fr, MechaTech Systems Ltd., SP Industries, Inc., Martin Christ, Gefriertrocknungsanlagen GmbH, Cuddon Freeze Dry, Neologic Engineers Private Limited, Labconco Corporation, BÜCHI Labortechnik AG, Yamato Scientific America Inc., Lyophilization Systems Ltd., Freeze-drying Systems Pvt. Ltd., IMA – Industria Macchine Automatiche S.p.A., GEA Group |
Key Segments of the Global Lyophilization Equipment Market
Modality Overview, 2018-2028 (USD Million)
- Accessories
- Dryers
Scale of Operation Overview, 2018-2028 (USD Million)
- Industrial-Scale
- Pilot-Scale
- Laboratory-Scale
Application Overview, 2018-2028 (USD Million)
- Pharmaceutical & Biotech Manufacturing
- Medical Applications
- Food Processing and Packaging
- Others
Regional Overview, 2018-2028 (USD Million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
The Middle East and South Africa
Frequently Asked Questions (FAQ) :
The global Lyophilization Equipment market are expected to witness a compound annual growth rate of 8% from 2021 to 2028 to reach USD 10616 USD Million by 2028.
Glazed Body Vitrified Tile Segment will hold the Majority of the Share in Lyophilization Equipment Induatry
Telstar, SP Scientific, Millrock Technology, Inc., Freezedry Specialties, Inc., OPERON, LTE Scientific Ltd, Thermo Fisher Scientific Inc., GEA Niro, I.M.A. Industria Macchine Automatiche S.p.A., Shanghai Tofflon Science and Technology Co., Ltd.
Rising demand of lyophilized products and preserved food, growth in contract manufacturing and lyophilization services across geographies and technological advancements in lyophilization equipment are the major factors driving the growth of the market.