Lyophilization or freeze-drying has significant applications in the food, pharmaceutical, and biotechnology industry and is used as a standard process to stabilize, store, and increase the shelf-life of products. In the food industry, freeze-drying is used for preserving fruits, vegetables, meat products, ice cream, and coffee. With lyophilization, delicate, unstable, and heat-sensitive drugs and biological products such as vaccines, antibodies, enzymes, hormones, and blood plasma can be dried at a low temperature without damaging their physical structure.
The rising demand for lyophilized pharmaceutical products and preservation of parental drugs are some of the driving factors for lyophilization equipment market. However, the high cost incurred by the lyophilization equipment, their set-up, and maintenance is restraining the growth of the market. The continuous development in emerging markets such as Brazil, Russia, India, and China is paving new opportunities for the lyophilization equipment market.
The lyophilization equipment market is segmented on the basis of industry, type, technology, and regions. The application industries for lyophilization equipment include food, pharmaceutical, biotechnology, surgical procedure, and other industries such as floral preservation, ceramics, and chemical. The types of lyophilization equipment are segmented into industrial freeze dryer, laboratory freeze dryer, mobile freeze dryer, and benchtop freeze dryer. The market is also segmented on the basis of various regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW); and has been further segmented on the basis of their key countries.
The lyophilization equipment market is projected to reach $5,121.5 million by 2019. The market is projected to grow with the advancements in technologies and rapid growth in food, pharmaceutical, and biotechnology industries. The North America region dominated the lyophilization equipment market in 2013.
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The report provides both, qualitative and quantitative analyses of the market for lyophilization equipment. The report includes the market dynamics, trends, competitive strategies preferred by the key market players, the driving factors that boosted the growth of the lyophilization equipment market, and restraints of the market. The report also confers the opportunities in the lyophilization equipment market for the new entrants.
To maintain a competitive edge in the lyophilization equipment market, the key players invest heavily in the launch and development of new products and technology. The leading players such as Azbil Corporation (Japan), GEA Group (Germany), IMA S.p.A. (Italy), Millrock Technology, Inc. (U.S.) have been profiled in the report. The report provides a complete analysis of the prominent companies and a chronology of developments with respect to new products/technologies launched, and their applications.
Scope of the Report
This report focuses on the lyophilization equipment market. It categorizes the lyophilization equipment market on the basis of industry, type, technology, and region.
On the basis of industry, the market was sub-segmented as follows:
- Surgical procedure
- Others (Floral preservation, ceramics, and chemical)
On the basis of type, the market was sub-segmented as follows:
- Industrial freeze dryer
- Laboratory freeze dryer
- Benchtop freeze dryer
- Mobile freeze dryer
On the basis of technology, the market was sub-segmented as follows:
- Tray-style freeze dryer
- Manifold freeze dryer
- Rotary freeze dryer
On the basis of geography, the market was sub-segmented as follows:
- North America
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Trends
6 Market OverviewKey Findings
7 Lyophilization Market, By Industry Key Findings
8 Lyophilization Market, By Equipment Type
9 Lyophilization Equipment Market, By Category
10 Market By Geography
11 Company Landscape
12 Company Profiles
12.2 Azbil Corporation
12.3 Baxter International Inc.
12.4 GEA Group Aktiengesellschaft
12.5 HOF Enterprise Group
12.6 Industria Macchine Automatiche S.P.A. (IMA S.P.A.)
12.7 Labconco Corporation
12.8 Millrock Technology Inc.
12.9 Optima Packaging Group Gmbh
12.10 SP Industries, Inc.
12.11 Tofflon Science and Technology Co.,Ltd
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