Freeze-drying equipment help tomaintain various parameters such as physical state, aroma, and chemicalproperties. Major application areas of freeze-drying equipment are foodpreservation, packaging, pharmaceuticals, surgical procedures, andbiotechnology.
Statistics:
The global Freeze-DryingEquipment Market is estimated to account for US$ 68,817.1 Mn in terms ofvalue by the end of 2027.
Global Freeze-drying EquipmentMarket: Drivers
Increasing adoption offreeze-dryers is expected to propel growth of the global freeze-dryingequipment market over the forecast period. For instance, in February 2020, LSNEContract Manufacturing, a contract development and manufacturing organization,broke ground on a 26,000 square foot addition of its existing 7 Commercefacility on the Bedford, New Hampshire campus, which features a high-speed sixhead Bausch+Ströbel aseptic vial filling line, Ziel isolator, and multiplelarge-scale commercial freeze-dryers with automated loading/unloading.
Global Freeze-drying EquipmentMarket: Opportunities
Increasing investment for R&Din lyophilization is expected to offer lucrative growth opportunities forplayers in the global freeze-drying equipment market. For instance, in May2020, The National Institute for Innovation in Manufacturing Biopharmaceuticalsannounced approximately US$ 10 million in funding for 14 new projects,including ‘Automated Process Control of Pharmaceutical Lyophilization: PATEnabled Freeze-Dryer’.
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Global Freeze-drying EquipmentMarket: Restraints
High setup and processing cost isexpected to hinder growth of the market. The freeze-drying process includesvarious steps such as freezing, exposure to vacuum chamber, drying, and others.This not only increases the cycle time of the process but also the processingcost. The process utilizes a variety of freezing processes that are notrequired in conventional drying processes such as in desiccant drying. Thevacuum assembly consumes more energy as compared to conventional processes,which in turn contributes to processing costs.
Key Takeaways:
The global freeze-dryingequipment market was valued at US$ 30,979.7 Mn in 2019 and is forecast to reacha value of US$ 68,817.1 Mn by 2027 at a CAGR of 10.5% between 2020 and 2027.Increasing adoption of freeze-dryers is expected to propel growth of the globalfreeze-drying equipment market over the forecast period
Industrial Freeze-Dryers segmentheld dominant position in the global freeze-drying equipment market in 2019,accounting for 35.5% share in terms of value, followed by LaboratoryFreeze-Drying Equipment and Benchtop Freeze-Dryers, respectively. Rapidly increasingpharmaceutical sector in developing economies such as India is expected toincrease demand for freeze drying equipment,
Market Trends
Major players in the market arefocused on adopting approaches to monitor the global batch temperature duringprimary drying in GMP industrial freeze-dryers. For instance, in November 2019,Telstar incorporated Lyometrics, a soft-sensor temperature monitoring system inGMP industrial freeze-dryers with automatic loading/unloading systems.
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Major players in the market arealso focused on adopting M&A strategies to expand their product portfolio.For instance, in October 2019, SP Industries, Inc. acquired Irta Dosificacio ITechnologia S.L. i-Dositecno, a provider of complete sterile filling lines forpharmaceutical, cosmetic, and ophthalmic applications.
Global Freeze-drying Equipment Market:Competitive Landscape
Major players operating in theglobal freeze-drying equipment market include, Cuddon Engineering Ltd.,Freezedry Specialties, Inc., GEA Group, IMA Life The Netherlands B.V., LabconcoCorporation, SP Industries, Inc., Telstar, Thermo Fisher Scientific Inc.,MechaTech Systems Ltd., Millrock Technology Inc., Zirbus Technology GmbH,Biopharma Process Systems Ltd., LTE Scientific Ltd., Martin Christ GmbH, ShanghaiTofflon Science and Technology Co., Ltd., and OPERON.
Global Freeze-drying EquipmentMarket: Key Developments
June 2019: Millrock TechnologyInc. partnered with Purdue University on a National Science Foundation fundedproject to develop real-time sensor technologies, computational modeling, andbioanalytical tools for closed-loop lyophilization
April 2019: Telstar launched anew single-vessel GMP production freeze-dryer optimized to maintainconventional work space
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