Freeze-Drying/ Lyophilization Market - Global Forecast to 2025

Table of Content

1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 25
1.2.1 INCLUSIONS & EXCLUSIONS 25
1.2.2 MARKETS COVERED 26
FIGURE 1 FREEZE DRYING/LYOPHILIZATION EQUIPMENT MARKET SEGMENTATION 26
1.2.3 YEARS CONSIDERED FOR THE STUDY 26
1.3 CURRENCY 27
TABLE 1 EXCHANGE RATES UTILIZED FOR THE CONVERSION TO USD 27
1.4 LIMITATIONS 27
1.5 STAKEHOLDERS 27
1.6 SUMMARY OF CHANGES 28

2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
FIGURE 3 PRIMARY SOURCES 31
2.1.2.1 Key data from primary sources 32
2.1.2.2 Key industry insights 33
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 33
2.2 MARKET SIZE ESTIMATION 34
FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 34
FIGURE 6 TOP-DOWN APPROACH 36
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 37
FIGURE 7 MARKET DATA TRIANGULATION METHODOLOGY 37
2.4 MARKET SHARE ANALYSIS 38
2.5 ASSUMPTIONS FOR THE STUDY 38

3 EXECUTIVE SUMMARY 39
FIGURE 8 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 39
FIGURE 9 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET, BY SCALE
OF OPERATION, 2020 VS. 2025 (USD MILLION) 40
FIGURE 10 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION) 40
FIGURE 11 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET, BY ACCESSORIES, 2020 VS. 2025 (USD MILLION) 41
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET 42

4 PREMIUM INSIGHTS 43
4.1 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT OVERVIEW 43
FIGURE 13 RISING DEMAND FOR LYOPHILIZED PRODUCTS IN THE PHARMACEUTICAL AND BIOTECHNOLOGY INDUSTRIES IS DRIVING MARKET GROWTH 43
4.2 ASIA PACIFIC: FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET,
BY APPLICATION AND COUNTRY (2019) 44
FIGURE 14 FOOD PROCESSING AND PACKAGING ACCOUNTED FOR THE LARGEST
SHARE OF THE APAC FREEZE-DRYING/LYOPHILIZATION EQUIPMENT
MARKET IN 2019 44
4.3 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET: GEOGRAPHIC
GROWTH OPPORTUNITIES 45
FIGURE 15 CHINA TO REGISTER THE HIGHEST GROWTH RATE DURING THE
FORECAST PERIOD 45
4.4 REGIONAL MIX: FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET (2020_2025) 45
FIGURE 16 ASIA PACIFIC WILL CONTINUE TO DOMINATE THE FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET IN 2025 45
4.5 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET: DEVELOPING
VS. DEVELOPED MARKETS 46
FIGURE 17 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES
DURING THE FORECAST PERIOD 46

5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
TABLE 2 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
IMPACT ANALYSIS 47
5.2.1 DRIVERS 48
5.2.1.1 Increasing demand for food preservation 48
5.2.1.2 Rising demand for lyophilized products in the pharmaceutical
and biotechnology industries 48
5.2.1.3 Rapid growth in contract manufacturing and lyophilization
services across the world 48
5.2.1.4 Technological advancements in lyophilization methods 49
5.2.2 RESTRAINTS 49
5.2.2.1 Increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industries 49
5.2.2.2 Failure to meet cGMP guidelines resulting in product recalls 50
5.2.2.3 High setup and maintenance costs and longer processing time 50
5.2.2.4 Growing preference of pharmaceutical companies for
refurbished lyophilizers 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Emerging markets 51
5.2.3.2 Loss of patent protection of several biologics 51
TABLE 3 LIST OF OFF-PATENT DRUGS, 2015 TO 2029 51
5.2.4 CHALLENGES 52
5.2.4.1 Difficulties in achieving the desired moisture levels and
maintaining product quality 52

6 INDUSTRY TRENDS 53
6.1 INTRODUCTION 53
6.2 EVOLUTION OF LYOPHILIZATION EQUIPMENT 53
TABLE 4 EVOLUTION OF LYOPHILIZATION 53
6.3 IMPACT OF COVID-19 ON THE FREEZE DRYING/LYOPHILIZATION EQUIPMENT MARKET 54
TABLE 5 LEADING DEVELOPMENTS IN THE DRUG DISCOVERY SPACE
TARGETING SARS-COV-2 55
6.4 SUPPLY CHAIN ANALYSIS 55
FIGURE 18 SUPPLY CHAIN OF THE LYOPHILIZATION EQUIPMENT MARKET 56
6.5 INDUSTRY TRENDS 56
TABLE 6 AUTOMATION OF LYOPHILIZATION SYSTEMS & PAT-BASED SCALE-UP PROCESSES ARE LEADING TRENDS IN THE INDUSTRY 56
6.6 REGULATORY ANALYSIS 57
6.6.1 NORTH AMERICA 57
TABLE 7 US: KEY REGULATIONS & STANDARDS GOVERNING PHARMACEUTICAL-RELATED LYOPHILIZATION EQUIPMENT 57
TABLE 8 CANADA: KEY REGULATIONS & STANDARDS GOVERNING PHARMACEUTICAL-RELATED LYOPHILIZATION EQUIPMENT 58
6.6.2 EUROPE 58
TABLE 9 EUROPE: KEY REGULATIONS & STANDARDS GOVERNING PHARMACEUTICAL-RELATED LYOPHILIZATION EQUIPMENT 59
6.6.3 ASIA PACIFIC 59
TABLE 10 ASIA PACIFIC: KEY REGULATIONS & STANDARDS GOVERNING PHARMACEUTICAL-RELATED LYOPHILIZATION EQUIPMENT
FOR KEY COUNTRIES 59
6.7 ECOSYSTEM MARKET MAP 61
FIGURE 19 FREEZE DRYING/LYOPHILIZATION EQUIPMENT MARKET:
ECOSYSTEM MARKET MAP 61

7 LYOPHILIZATION EQUIPMENT MARKET, BY TYPE 62
7.1 INTRODUCTION 63
TABLE 11 LYOPHILIZATION EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION) 63
7.2 TRAY-STYLE FREEZE DRYERS 63
7.2.1 TRAY-STYLE FREEZE DRYERS TO DOMINATE THE MARKET DURING
THE FORECAST PERIOD 63
TABLE 12 TRAY-STYLE FREEZE DRYERS OFFERED BY KEY MARKET PLAYERS 64
TABLE 13 TRAY-STYLE FREEZE DRYERS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 64
7.3 MANIFOLD FREEZE DRYERS 65
7.3.1 EASY INSTALLATION AND OPERATION OF MANIFOLD FREEZE DRYERS
TO DRIVE THEIR DEMAND 65
TABLE 14 MANIFOLD FREEZE DRYERS OFFERED BY KEY MARKET PLAYERS 65
TABLE 15 MANIFOLD FREEZE DRYERS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 66
7.4 SHELL (ROTARY) FREEZE DRYERS 66
7.4.1 SHELL (ROTARY) FREEZE DRYERS ARE WIDELY USED IN RESEARCH
CENTERS, LABORATORIES, AND ACADEMIC INSTITUTIONS 66
TABLE 16 SHELL (ROTARY) FREEZE DRYERS OFFERED BY KEY MARKET PLAYERS 67
TABLE 17 SHELL (ROTARY) FREEZE DRYERS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 67

8 LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION 68
8.1 INTRODUCTION 69
TABLE 18 LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION,
2018–2025 (USD MILLION) 69
8.2 INDUSTRIAL-SCALE LYOPHILIZATION EQUIPMENT 70
8.2.1 GROWING INVESTMENTS IN LYOPHILIZATION SYSTEMS BY MAJOR INDUSTRIES TO DRIVE MARKET GROWTH 70
TABLE 19 INDUSTRIAL-SCALE LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 70
8.3 PILOT-SCALE LYOPHILIZATION EQUIPMENT 71
8.3.1 STRINGENT REGULATIONS FROM THE FDA AND OTHER REGULATORY AGENCIES FOR INDUSTRIAL-SCALE EQUIPMENT HAVE DRIVEN THE
DEMAND FOR PILOT-SCALE LYOPHILIZATION 71
TABLE 20 PILOT-SCALE LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 71
8.4 LABORATORY-SCALE LYOPHILIZATION EQUIPMENT 72
8.4.1 COST-EFFICIENCY, SIMPLER OPERATION, AND LOWER MAINTENANCE
NEEDS TO DRIVE MARKET GROWTH 72
TABLE 21 LABORATORY-SCALE LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 72
9 LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION 73
9.1 INTRODUCTION 74
TABLE 22 LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 74
9.2 FOOD PROCESSING AND PACKAGING 74
9.2.1 RISING NUMBER OF CONSUMERS SHOWING INTEREST IN FREEZE-
DRIED FOOD PRODUCTS TO DRIVE MARKET GROWTH 74
TABLE 23 LYOPHILIZATION EQUIPMENT MARKET FOR FOOD PROCESSING AND PACKAGING, BY COUNTRY, 2018–2025 (USD MILLION) 75
9.3 PHARMACEUTICAL AND BIOTECHNOLOGY MANUFACTURING 75
9.3.1 GROWTH IN THE PHARMACEUTICAL AND BIOTECHNOLOGY INDUSTRIES
TO DRIVE MARKET GROWTH 75
TABLE 24 LYOPHILIZATION EQUIPMENT MARKET FOR PHARMACEUTICAL
AND BIOTECHNOLOGY MANUFACTURING, BY COUNTRY,
2018–2025 (USD MILLION) 76
9.4 MEDICAL APPLICATIONS 76
9.4.1 URGENT NEED FOR LYOPHILIZED PRODUCTS IN MEDICINE FOR BETTER TREATMENTS TO DRIVE MARKET GROWTH 76
TABLE 25 LYOPHILIZATION EQUIPMENT MARKET FOR MEDICAL APPLICATIONS,
BY COUNTRY, 2018–2025 (USD MILLION) 77
9.5 OTHER APPLICATIONS 78
TABLE 26 LYOPHILIZATION EQUIPMENT MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2018–2025 (USD MILLION) 78
10 LYOPHILIZATION EQUIPMENT MARKET, BY ACCESSORIES 79
10.1 INTRODUCTION 80
TABLE 27 LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 80
10.2 LOADING & UNLOADING SYSTEMS 80
10.2.1 REDUCED CYCLE TIMES, IMPROVED PRODUCTIVITY, AND INCREASED ADHERENCE TO ASEPTIC CONDITIONS ARE FACTORS DRIVING THE
UPTAKE OF AUTOMATED LOADING & UNLOADING SYSTEMS 80
TABLE 28 LOADING & UNLOADING SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 81
10.3 CONTROLLING & MONITORING SYSTEMS 82
10.3.1 CONTROLLING & MONITORING SYSTEMS OFFER PRECISE AND STABLE CONTROL OVER THE ENTIRE LYOPHILIZATION PROCESS 82
TABLE 29 CONTROLLING & MONITORING SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 82
10.4 VACUUM SYSTEMS 83
10.4.1 VACUUM SYSTEMS FORM A CRITICAL COMPONENT OF
LYOPHILIZATION EQUIPMENT 83
TABLE 30 VACUUM SYSTEMS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 83
10.5 CLEAN-IN-PLACE SYSTEMS 84
10.5.1 CIP SYSTEMS HELP MINIMIZE CONTAMINATION AND IMPROVE THE
QUALITY OF PRODUCTS 84
TABLE 31 CLEAN-IN-PLACE SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 84
10.6 DRYING CHAMBERS 85
10.6.1 FREQUENT USE OF DRYING CHAMBERS IN IMPROVING THE QUALITY OF FREEZE DRYERS AND ENSURING SMOOTH PROCESS FLOW TO SUPPORT MARKET GROWTH 85
TABLE 32 DRYING CHAMBERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 85
10.7 FREEZE-DRYING TRAYS & SHELVES 86
10.7.1 TRAYS & SHELVES ARE WIDELY USED IN INDUSTRIAL FREEZE DRYERS 86
TABLE 33 FREEZE-DRYING TRAYS & SHELVES MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 86
10.8 MANIFOLDS 87
10.8.1 INCREASE IN THE NUMBER OF RESEARCH ACTIVITIES IN THE BIOPHARMACEUTICAL INDUSTRY IS DRIVING THE USE OF BENCH-TOP-
STYLE FREEZE DRYERS 87
TABLE 34 MANIFOLDS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 87
10.9 OTHER ACCESSORIES 88
TABLE 35 OTHER LYOPHILIZATION ACCESSORIES MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 88

11 LYOPHILIZATION EQUIPMENT MARKET, BY REGION 89
11.1 INTRODUCTION 90
TABLE 36 LYOPHILIZATION EQUIPMENT MARKET, BY REGION,
2018–2025 (USD MILLION) 90
11.2 ASIA PACIFIC 91
FIGURE 20 ASIA PACIFIC MARKET SNAPSHOT 91
TABLE 37 ASIA PACIFIC: LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 92
TABLE 38 ASIA PACIFIC: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 92
TABLE 39 ASIA PACIFIC: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE
OF OPERATION, 2018–2025 (USD MILLION) 92
TABLE 40 ASIA PACIFIC: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 93
TABLE 41 ASIA PACIFIC: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 93
11.2.1 CHINA 94
11.2.1.1 Increasing investments in the food, pharmaceutical, and biotechnology sectors to drive market growth 94
TABLE 42 CHINA: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 94
TABLE 43 CHINA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 95
TABLE 44 CHINA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 95
TABLE 45 CHINA: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 95
TABLE 46 CHINA: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 96
11.2.2 JAPAN 96
11.2.2.1 Growing generics and biosimilars production to boost the
market in Japan 96
TABLE 47 JAPAN: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 97
TABLE 48 JAPAN: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 97
TABLE 49 JAPAN: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 97
TABLE 50 JAPAN: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 98
TABLE 51 JAPAN: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 98
11.2.3 INDIA 98
11.2.3.1 Growth in contract pharmaceutical manufacturing and contract lyophilization services to drive market growth 98
TABLE 52 INDIA: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 99
TABLE 53 INDIA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 99
TABLE 54 INDIA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 100
TABLE 55 INDIA: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 100
TABLE 56 INDIA: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 100
11.2.4 REST OF ASIA PACIFIC 101
TABLE 57 ROAPAC: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 101
TABLE 58 ROAPAC: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 101
TABLE 59 ROAPAC: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 102
TABLE 60 ROAPAC: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 102
11.3 NORTH AMERICA 103
TABLE 61 NORTH AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 103
TABLE 62 NORTH AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 103
TABLE 63 NORTH AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE
OF OPERATION, 2018–2025 (USD MILLION) 103
TABLE 64 NORTH AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 104
TABLE 65 NORTH AMERICA: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 104
11.3.1 US 104
11.3.1.1 The US dominates the North American freeze-drying/lyophilization equipment market 104
TABLE 66 US: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 105
TABLE 67 US: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 105
TABLE 68 US: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION,
2018–2025 (USD MILLION) 106
TABLE 69 US: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 106
TABLE 70 US: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 106
11.3.2 CANADA 107
11.3.2.1 Growing food and agriculture sector in the country to
support market growth 107
TABLE 71 CANADA: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 107
TABLE 72 CANADA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 107
TABLE 73 CANADA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF
OPERATION, 2018–2025 (USD MILLION) 108
TABLE 74 CANADA: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 108
TABLE 75 CANADA: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 108
11.4 EUROPE 109
TABLE 76 EUROPE: LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 109
TABLE 77 EUROPE: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 109
TABLE 78 EUROPE: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF
OPERATION, 2018–2025 (USD MILLION) 110
TABLE 79 EUROPE: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 110
TABLE 80 EUROPE: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 110
11.4.1 GERMANY 111
11.4.1.1 Widespread use of branded drugs and the growing generics
market in Germany are the key factors driving market growth 111
TABLE 81 GERMANY: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 111
TABLE 82 GERMANY: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 111
TABLE 83 GERMANY: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 112
TABLE 84 GERMANY: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 112
TABLE 85 GERMANY: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 112
11.4.2 FRANCE 113
11.4.2.1 Liberalization of the generics market in France to drive market growth 113
TABLE 86 FRANCE: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 113
TABLE 87 FRANCE: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 113
TABLE 88 FRANCE: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF
OPERATION, 2018–2025 (USD MILLION) 114
TABLE 89 FRANCE: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 114
TABLE 90 FRANCE: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 114
11.4.3 UK 115
11.4.3.1 Growth in research funding by government and funding agencies to drive market growth in the UK 115
TABLE 91 UK: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION
EQUIPMENT MARKET 115
TABLE 92 UK: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 115
TABLE 93 UK: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION,
2018–2025 (USD MILLION) 116
TABLE 94 UK: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 116
TABLE 95 UK: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 116
11.4.4 ITALY 117
11.4.4.1 Low drug approval time in Italy, along with the growing number
of clinical trials, to drive market growth 117
TABLE 96 ITALY: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 117
TABLE 97 ITALY: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 117
TABLE 98 ITALY: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 118
TABLE 99 ITALY: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 118
TABLE 100 ITALY: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 118
11.4.5 SPAIN 119
11.4.5.1 Growth in the food, agriculture, and biotechnology industries
to drive market growth 119
TABLE 101 SPAIN: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 119
TABLE 102 SPAIN: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 119
TABLE 103 SPAIN: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 120
TABLE 104 SPAIN: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 120
TABLE 105 SPAIN: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 120
11.4.6 REST OF EUROPE 121
TABLE 106 ROE: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 121
TABLE 107 ROE: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 121
TABLE 108 ROE: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 121
TABLE 109 ROE: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 122
11.5 LATIN AMERICA 122
TABLE 110 LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 122
TABLE 111 LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 123
TABLE 112 LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE
OF OPERATION, 2018–2025 (USD MILLION) 123
TABLE 113 LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 123
TABLE 114 LATIN AMERICA: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 124
11.5.1 BRAZIL 124
11.5.1.1 Growing biologics sector in the country to drive market growth 124
TABLE 115 BRAZIL: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 125
TABLE 116 BRAZIL: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 125
TABLE 117 BRAZIL: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 125
TABLE 118 BRAZIL: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 126
TABLE 119 BRAZIL: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 126
11.5.2 MEXICO 126
11.5.2.1 Presence of a favorable business environment for market
players to support market growth 126
TABLE 120 MEXICO: MACROECONOMIC INDICATORS FOR THE LYOPHILIZATION EQUIPMENT MARKET 127
TABLE 121 MEXICO: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE,
2018–2025 (USD MILLION) 127
TABLE 122 MEXICO: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF
OPERATION, 2018–2025 (USD MILLION) 127
TABLE 123 MEXICO: LYOPHILIZATION EQUIPMENT MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 128
TABLE 124 MEXICO: LYOPHILIZATION ACCESSORIES MARKET, BY TYPE,
2018–2025 (USD MILLION) 128
11.5.3 REST OF LATIN AMERICA 128
TABLE 125 REST OF LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET,
BY TYPE, 2018–2025 (USD MILLION) 129
TABLE 126 REST OF LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET,
BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 129
TABLE 127 REST OF LATIN AMERICA: LYOPHILIZATION EQUIPMENT MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 129
TABLE 128 REST OF LATIN AMERICA: LYOPHILIZATION ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 130
11.6 MIDDLE EAST & AFRICA 130
11.6.1 INCREASE IN DISCRETIONARY INCOMES HAVE DRIVEN THE DEMAND FOR HEALTH FOODS, PHARMACEUTICALS, AND BIOLOGICS IN THIS REGION 130
TABLE 129 MIDDLE EAST AND AFRICA: LYOPHILIZATION EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION) 131
TABLE 130 MIDDLE EAST AND AFRICA: LYOPHILIZATION EQUIPMENT MARKET, BY SCALE OF OPERATION, 2018–2025 (USD MILLION) 131
TABLE 131 MIDDLE EAST AND AFRICA: LYOPHILIZATION EQUIPMENT MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 131
TABLE 132 MIDDLE EAST AND AFRICA: LYOPHILIZATION ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 132

12 COMPETITIVE LANDSCAPE 133
12.1 OVERVIEW 133
FIGURE 21 MARKET EVALUATION FRAMEWORK: PRODUCT LAUNCHES?THE MOST WIDELY ADOPTED STRATEGY 133
12.2 COMPETITIVE LEADERSHIP MAPPING 134
12.2.1 STARS 134
12.2.2 EMERGING LEADERS 134
12.2.3 PERVASIVE COMPANIES 134
12.2.4 EMERGING COMPANIES 134
FIGURE 22 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019 135
12.3 PRODUCT MATRIX, BY COMPANY 136
12.4 R&D EXPENDITURE OF KEY PLAYERS IN THE FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET, 2018 VS. 2019 (USD MILLION) 137
12.5 MARKET SHARE ANALYSIS 137
FIGURE 23 FREEZE-DRYING/LYOPHILIZATION EQUIPMENT MARKET SHARE
ANALYSIS, 2019 137
12.6 COMPETITIVE SITUATIONS & TRENDS 138
12.6.1 PRODUCT LAUNCHES 138
TABLE 133 KEY PRODUCT LAUNCHES 138
12.6.2 PARTNERSHIPS & COLLABORATIONS 139
TABLE 134 KEY PARTNERSHIPS & COLLABORATIONS 139

13 COMPANY PROFILES 140
13.1 INTRODUCTION 140
FIGURE 24 GEOGRAPHIC REVENUE MIX OF THE TOP 3 MARKET PLAYERS 140
(Business Overview, Products & Services offered, Recent Developments, Inorganic Strategies, MnM View)*
13.2 I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. 141
FIGURE 25 I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.: COMPANY
SNAPSHOT (2019) 141
13.3 GEA GROUP 144
FIGURE 26 GEA GROUP: COMPANY SNAPSHOT (2019) 144
13.4 SHANGHAI TOFFLON SCIENCE AND TECHNOLOGY CO., LTD. 147
13.5 AZBIL CORPORATION 149
FIGURE 27 AZBIL CORPORATION: COMPANY SNAPSHOT (2019) 149
13.6 SP INDUSTRIES, INC. 152
13.7 MILLROCK TECHNOLOGY, INC. 155
13.8 HOF ENTERPRISE GROUP 157
13.9 LABCONCO CORPORATION 158
13.10 MARTIN CHRIST GEFRIERTROCKNUNGSANLAGEN GMBH 159
13.11 OPTIMA PACKAGING GROUP GMBH 161
13.12 B?CHI LABORTECHNIK AG 162
13.13 SCALA SCIENTIFIC B.V. 163
13.14 ZIRBUS TECHNOLOGY GMBH 164
13.15 CUDDON FREEZE DRY 165
13.16 MECHATECH SYSTEMS LTD. 166
13.17 BIOPHARMA PROCESS SYSTEMS LTD. 167
13.18 FREEZE DRYING SYSTEMS PVT. LTD. 168
13.19 FREEZEDRY SPECIALTIES, INC. 168
13.20 CRYOTEC FR. 169
13.21 LYOPHILIZATION SYSTEMS, INC. 169
*Details on Business Overview, Products & Services offered, Recent Developments, Inorganic Strategies, MnM View might not be captured in case of unlisted companies.

14 APPENDIX 170
14.1 DISCUSSION GUIDE 170
14.3 AVAILABLE CUSTOMIZATIONS 176
14.4 RELATED REPORTS 176
14.5 AUTHOR DETAILS 177