Freeze Drying Equipment Market Influential Factors Determining the Trajectory of the Market 2027|Coherent Market Insights
Global Freeze Drying Equipment Market
Overview:
Freeze-drying is a low temperature dehydration process involves freezing the product, reducing pressure, then removing the ice by sublimation. The process includes various steps such as drying, exposure to vacuum chamber, freezing, drying, and others. Whereas, freeze-drying equipment help maintain various parameters; aroma, physical state, and chemical properties. These equipment are used in biotechnology, food preservation, pharmaceuticals, packaging, and surgical procedures.
Drivers:
Growing adoption of or demand for freeze-dryers, as well as freeze drying equipment, is expected to drive the global freeze drying equipment market growth. For example, in February 2020, LSNE Contract Manufacturing expanded its existing facility with 26,000 square foot addition. It will feature a high-speed vial filling line, Ziel isolator, and large-scale freeze-dryers with automated loading/unloading.
Request for sample report here
Opportunities:
Continuous research and development in lyophilization is provide market players with significant opportunities, which in turn boost the market growth. For example, in May 2020, The National Institute for Innovation in Manufacturing Biopharmaceuticals Announces US$ 10 million funding towards advances in biopharmaceutical manufacturing innovation, including PAT Enabled Freeze-Dryer.
Restraints:
High cost of setup and the high cost of processing is expected to impede the global freeze drying equipment market growth over the forecast period. The freeze-drying process involves various steps, which in turn increase the cycle time of the process but also the cost of processing. Whereas, vacuum assembly consumes more energy than the conventional one, which in turn also increase the cost of processing.
Trends:
Market players are focusing on launching novel technologies and products to monitor temperature during primary drying, which in turn is expected to propel the market growth. For example, in November 2019, Telstar integrated new soft sensor technology to monitor the global batch product temperature during primary drying. The new system is applicable to production environments and is particularly useful in situations where automation and physical barriers make the use of physical probes impractical.
Key Players:
Key players active in the global freeze drying equipment market are OPERON, Shanghai Tofflon Science and Technology Co., Ltd., Martin Christ GmbH, LTE Scientific Ltd., Biopharma Process Systems Ltd, Zirbus Technology GmbH, Millrock Technology Inc., MechaTech Systems Ltd., Thermo Fisher Scientific Inc., Telstar, SP Industries, Inc., Labconco Corporation, IMA Life The Netherlands B.V., GEA Group, Freezedry Specialties, and Cuddon Engineering Ltd.
In October 2019, SP Industries, Inc. announced that the company has acquired the assets of privately held i-Dositecno.
Buy-Now this research report ( Flat USD 2000 OFF ) : https://www.coherentmarketinsights.com/promo/buynow/1876
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
mailto:sales@coherentmarketinsights.com
U.S. Office:
Name: Mr. Shah
Coherent Market Insights 1001 4th Ave,
# 3200 Seattle, WA 98154, U.S.
US : +1-206-701-6702
UK : +44-020-8133-4027
JAPAN : +050-5539-1737
Editor Details
-
Company:
- CDN Newswire