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Lyophilization/Freeze Drying Equipment Market to Reflect Steady Growth During 2018 – 2026

The global lyophilization/freeze drying equipment market size was valued at US$ 2,116.5 million in 2017, and is expected to exhibit a robust CAGR of 6.5% over the forecast period (2018 – 2026).

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Lyophilization/Freeze Drying Equipment Market to Reflect Steady Growth During 2018 – 2026

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  1. Lyophilization/Freeze Drying Equipment Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026

  2. REPORT DESCRIPTION Lyophilization/Freeze Drying Equipment Market – Overview The global lyophilization/freeze drying equipment market size was valued at US$ 2,116.5 million in 2017, and is expected to exhibit a robust CAGR of 6.5% over the forecast period (2018 – 2026). Increasing number of drug development process and biopharmaceutical research is a major factor augmenting growth of the market as lyophilization is widely used for pharmaceuticals/ biopharmaceuticals to improve stability, thereby achieve adequate shelf life. Lyophilization or freeze-drying is vital process in developing and manufacturing unstable and sensitive pharmaceuticals, as they aid in introducing new pharmaceutical to market. Biopharmaceuticals are produced by genetically modified organisms and are temperature sensitive complex molecules, which require gentle freeze drying with the lyophilisation process to attain adequate shelf life. According to the survey by Martin Christ GmbH, around 60% of the biopharmaceutical products, such as special cancer treatment substances and antibodies, require freeze drying for attaining efficient results in clinical trials.

  3. REPORT DESCRIPTION Lyophilization/Freeze Drying Equipment Market Dynamics: Increasing demand for freeze dryers/ lyophilization in the pharmaceutical and biotechnology industry, owing to the increasing number of vaccines, recombinant and injectable formulations is a major factor augmenting the market growth as these molecules must be freeze-dried for clinical and commercial use. Also, growth in contract manufacturing and contract lyophilization activities by the manufacturers for pharmaceutical industry is expected to propel the growth of market during the forecast period. Furthermore, the launch of innovative systems offering PLC and PAT based control systems, automated loading, and unloading systems are also expected to contribute to the growth of the market. For instance, in 2012, Azbil Telstar, S.L., launched Telstar Lyotris freeze dryer, designed particularly for aseptic, small- scale production of vaccines, antibodies and other advanced drugs and therapies, which require stabilization. Moreover, the dryer has industrial equipment specifications and small-batch flexibility in a compact envelope. However, increased handling and processing time, cost and complexity of the equipment’s, and removal of volatile components from the vacuum are the factors hindering the market growth. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1876

  4. REPORT DESCRIPTION Lyophilization/Freeze Drying Equipment Market – Key Players Biogen Cytokinetics, Inc. F. Hoffmann-La Roche Novartis AG Pfizer Inc. Ionis Pharmaceuticals, Inc       Read More @ https://www.coherentmarketinsights.com/market-insight/lyophilization-freeze-drying-equipment-market-1876

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an ofce at the global fnancial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We ofer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH SYNDICATED RESEARCH INDUSTRY ANALYSIS MARKET INTELLIGENCE SERVICES CONSULT STUDIES COUNTRY SPECIFIC STUDIES

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL Global Leading Equipment and System Manufacturers Component Providers and System Integrators Distributors, Retailors and Value Added Resellers Healthcare IT Solutions Developers Marketing Consultancies and the Advertising Industry Private and Government organization Outsourcing Companies Universities and Business Schools. 

  7. ABOUT US RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100 Insights Published Per Year + 150+ COUNT RY ANALYS IS CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITIV E ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at ofering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein.

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702

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