The global lyophilization equipment and services market size was estimated to be USD 7.45 billion in 2023 and is expected to reach at USD 21.9 billion by 2033 with a CAGR of 10.32% during the forecast period 2023-2033. Increasing demand for lyophilized products in the pharmaceutical industry, rising production of protein-based drugs, injectable & biopharmaceuticals, growing technological advancements in lyophilization equipment, surge in demand for aseptic packaging & preservation, rise in number of commercially available vaccines & injectables for various disease conditions, increasing product approvals by regulatory bodies, and rising adoption of technological advancements by major market players are some of the key factors boosting the market growth.
Rising adoption of technological advancements by major market players is predicted to boost the market growth during the forecast period. For instance, in November 2022, Telstar extended its process laboratory service for freeze-drying and sterilization, introducing cold sterilization techniques to accommodate medical and pharmaceutical products that are not suitable for conventional high-temperature sterilization methods.
By Product, Dryer Type was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the growing usage of freeze dryers for the development of active pharmaceutical ingredients, rising demand for personalized medicine diagnostic kits & specialty foods, and increasing collaborations within market players. For instance, in February 2022, Pol, a renowned food manufacturer, has awarded GEA with their third contract to provide and install freeze-drying equipment named RAY at their fruit and vegetable freeze-drying facility in Turkey, spanning 4,000 square meters. Additionally, Accessories is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for vacuum packaging systems in manufacturing & packaging industries, increasing technological advancements, and growing launch of new products.
By Scale Of Operation, Industrial-scale was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the cost-effectiveness & large volume drying in industrial scale, increasing applications in pharmaceuticals & food manufacturing & packaging industries, growing demand for freeze dryers, and surge in introduction of novel systems. For instance, in July 2022, Leybold introduced the NDi vacuum system designed for Food Packaging Applications. The system is built on the foundation of the Novadry screw pump, a dry-running and dependable pump for the entire pressure range, along with the integrated VAControl CAB controller, which enables intelligent control. Additionally, Laboratory-Scale is predicted to grow at fastest CAGR during the forecast period owing to the increasing research & development activities, surge in number of research laboratories, and growing technological advancements.
By Application, Pharmaceutical and Biotech Manufacturing was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the increasing adoption of lyophilization technique as it extends the shelf life of both small and large-molecule drugs, growing demand for lyophilization equipment & services by pharmaceutical & biotech companies, increase in research & development activities by market players, rising demand for lyophilized medication, and surge in launch of the lyophilized medication. For instance, in October 2021, Dr. Reddy's Laboratories Ltd. has launched carmustine for injection, USP, following its approval by the US FDA. The medication is available as a lyophilized powder marketed under the name carmustine for injection USP, and it is packaged in single-dose vials containing 100 mg of the drug and 3 mL of sterile diluent. Additionally, Food processing and packaging is predicted to grow at fastest CAGR during the forecast period owing to rising use of lyophilization as a method of food preservation since it keeps food's taste and nutritional value, increasing use of freeze dryers in coffee and tropical fruit production and surge in target population.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing research & development activities, growing approval of biological products by regulatory bodies, rising technological advancements, surge in product approvals, and increasing launch of new products by leading market players. For instance, in April 2022, NJM introduced Dara Pharma Group's Coolvacuum freeze-drying equipment in the United States and Canada during the Interphex booth event. The Coolvacuum product range offers diverse lyophilization solutions, ranging from compact, independent freeze dryers for research and development laboratories to extensive, fully integrated systems for commercial fill-finish packaging lines. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing investments by market players, rising research & development activities, increasing development of lyophilization equipment, and surge in introduction of innovative products. For instance, in July 2021, SP Scientific Products (SP) has unveiled the SP Hull LyoStar® 4.0, a freeze dryer developed for R&D and process development to accelerate the time-to-market for biopharmaceutical products, including biological drugs. The cutting-edge LyoStar 4.0 is the result of SP's extensive knowledge in lyophilization and marks a substantial progress in freeze dryer engineering.
Rising adoption of technological advancements by major market players is predicted to boost the market growth during the forecast period. For instance, in November 2022, Telstar extended its process laboratory service for freeze-drying and sterilization, introducing cold sterilization techniques to accommodate medical and pharmaceutical products that are not suitable for conventional high-temperature sterilization methods.
By Product, Dryer Type was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the growing usage of freeze dryers for the development of active pharmaceutical ingredients, rising demand for personalized medicine diagnostic kits & specialty foods, and increasing collaborations within market players. For instance, in February 2022, Pol, a renowned food manufacturer, has awarded GEA with their third contract to provide and install freeze-drying equipment named RAY at their fruit and vegetable freeze-drying facility in Turkey, spanning 4,000 square meters. Additionally, Accessories is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for vacuum packaging systems in manufacturing & packaging industries, increasing technological advancements, and growing launch of new products.
By Scale Of Operation, Industrial-scale was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the cost-effectiveness & large volume drying in industrial scale, increasing applications in pharmaceuticals & food manufacturing & packaging industries, growing demand for freeze dryers, and surge in introduction of novel systems. For instance, in July 2022, Leybold introduced the NDi vacuum system designed for Food Packaging Applications. The system is built on the foundation of the Novadry screw pump, a dry-running and dependable pump for the entire pressure range, along with the integrated VAControl CAB controller, which enables intelligent control. Additionally, Laboratory-Scale is predicted to grow at fastest CAGR during the forecast period owing to the increasing research & development activities, surge in number of research laboratories, and growing technological advancements.
By Application, Pharmaceutical and Biotech Manufacturing was the highest revenue-grossing segment in the global lyophilization equipment and services market in 2022 owing to the increasing adoption of lyophilization technique as it extends the shelf life of both small and large-molecule drugs, growing demand for lyophilization equipment & services by pharmaceutical & biotech companies, increase in research & development activities by market players, rising demand for lyophilized medication, and surge in launch of the lyophilized medication. For instance, in October 2021, Dr. Reddy's Laboratories Ltd. has launched carmustine for injection, USP, following its approval by the US FDA. The medication is available as a lyophilized powder marketed under the name carmustine for injection USP, and it is packaged in single-dose vials containing 100 mg of the drug and 3 mL of sterile diluent. Additionally, Food processing and packaging is predicted to grow at fastest CAGR during the forecast period owing to rising use of lyophilization as a method of food preservation since it keeps food's taste and nutritional value, increasing use of freeze dryers in coffee and tropical fruit production and surge in target population.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing research & development activities, growing approval of biological products by regulatory bodies, rising technological advancements, surge in product approvals, and increasing launch of new products by leading market players. For instance, in April 2022, NJM introduced Dara Pharma Group's Coolvacuum freeze-drying equipment in the United States and Canada during the Interphex booth event. The Coolvacuum product range offers diverse lyophilization solutions, ranging from compact, independent freeze dryers for research and development laboratories to extensive, fully integrated systems for commercial fill-finish packaging lines. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing investments by market players, rising research & development activities, increasing development of lyophilization equipment, and surge in introduction of innovative products. For instance, in July 2021, SP Scientific Products (SP) has unveiled the SP Hull LyoStar® 4.0, a freeze dryer developed for R&D and process development to accelerate the time-to-market for biopharmaceutical products, including biological drugs. The cutting-edge LyoStar 4.0 is the result of SP's extensive knowledge in lyophilization and marks a substantial progress in freeze dryer engineering.
Segmentation: Lyophilization Equipment and Services Market Report 2022 - 2033
Lyophilization Equipment and Services Market Analysis & Forecast by Product 2022 - 2033 (Revenue USD Bn)
- Services
Dryer Type
- Rotary Freeze Dryers
- Tray-Style Freeze Dryers
- Manifold Freeze Dryers
- Other
Accessories
- Drying Chamber
- Vacuum Systems
- CIP (Clean-in-place) Systems
- Other
Lyophilization Equipment and Services Market Analysis & Forecast by Scale Of Operation 2022 - 2033 (Revenue USD Bn)
- Laboratory-Scale
- Industrial-Scale
- Pilot-Scale
Lyophilization Equipment and Services Market Analysis & Forecast by Application 2022 - 2033 (Revenue USD Bn)
- Pharmaceutical and Biotech Manufacturing
- Medical Applications
- Food Processing and Packaging
- Other
Lyophilization Equipment and Services Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Lyophilization Equipment and Services Market: Product Estimates & Trend Analysis
8. Lyophilization Equipment and Services Market: Scale Of Operation Estimates & Trend Analysis
9. Lyophilization Equipment and Services Market: Application Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Lyophilization Equipment and Services Market
12. Europe Global Lyophilization Equipment and Services Market
13. Asia Pacific Global Lyophilization Equipment and Services Market
14. Latin America Global Lyophilization Equipment and Services Market
15. MEA Global Lyophilization Equipment and Services Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Optima Packaging Group GmbH
- GEA Group Aktiengesellschaft
- Tofflon Science and Technology Co. Ltd.
- Labconco Corporation
- Scala Scientific
- SP Industries
- Azbil Corporation (Telstar)
- HOF Sonderanlagenbau GmbH
- Millrock Technology Inc.
- ZIRBUS Technology GmbH
- Martin Christ Gefriertrocknungsanlagen GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | August 2023 |
Forecast Period | 2022 - 2033 |
Estimated Market Value ( USD | $ 7.45 Billion |
Forecasted Market Value ( USD | $ 21.9 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |