global aseptic pharma processing equipment market - PDF document

Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period Global Aseptic Pharma Processing Equipment Marke t - Industry Trends & Forecast Report 2027 Summary A recent study conducted by the strategic consulting and market research firm , BlueWeave Consultin g , revealed that the global aseptic pharma processing equipment market was worth USD 8.0 billion in the year 2020. The market is estimated to grow at a CAGR of 7.2% earning revenue of around USD 12.9 billion by the end of 2027. Due to the growth of the pharmaceutical industry and expanding production of drugs and medicines, the global market for aseptic pharma processing equipment has been experiencing rapid growth. Furthermore, stringent government policies for ster ilization and hygiene of the products will boost the global market in the forecast period. However, a shortage of skilled workforce for performing aseptic pharma processing techniques may act as a barrier to market growth . Report Overview The global aseptic pharma processing equipment market is growing because of the increasing demand for pharmaceutical supplies and the use of such equipment to make pharmacy products shelf - stable. Additionally, stringent government policies to ensure the hi ghest quality standards in pharmaceuticals contribute to the market’s growth . View report Press release Sample report Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period The global aseptic pharma processing equipment market was worth USD 8.0 billion in 2020 and is further projected to reach USD 12.9 billion by the year 2027, growing at a CAGR of 7.2% during the forecast period. The growing demand for pharmaceutical supplies and the usage of such equipment to ensure shelf - stable products are driving the growth of the global aseptic pharma processing equipment market. The market's growth is also boo sted by stringent government policies ensuring the highest quality standards for pharmaceuticals . Global Aseptic Pharma Processing Equipment Market - Overvie w Aseptic pharma processing is a technique of packaging commercially t hermally sterilizing liquid products, mainly pharmaceuticals into sterilized containers under a sterile environment to make the product shelf - stable that doesn't need to be refrigerated. This process involves ensuring the product is free of impurities/conta minantsand thus minimizing the risk of infection among patients. Under this process, the air supply, materials, equipment, etc., are regulated to control microbial and particulate contamination to acceptable levels . Global Aseptic Pharma Processing Equipme nt Market Forecast and Trend s Growth Driver s Increasing Use of Robotics in Aseptic Processin g Pharmaceutical manufacturing companies are increasingly incorporating robotics into their processes in order to minimize the physical contact of personnel so as t o maintain maximum protection against microbial contamination. Robotic integration is gaining huge popularity in the pharmaceutical industry for the primary packaging of RTU containers such as vials, cartridges, and syringes. The adoption of robotic soluti ons offers cost - effective and faster performance for aseptic processes to meet the growing demand for pharmaceuticals. This factor is anticipated to drive the global aseptic pharma processing equipment market in the forecast period . The Growing Demand for Drugs and Medicine s The pharmaceutical sector has experienced tremendous growth in recent years, and experts predict that this trend will continue in the coming years as well. The growth in the pharmaceutical industry will directly impact the global asepti c pharma processing market. The increasing prevalence of chronic diseases, medical expenditures, and the emergence of various medical insurance provisions will all have a direct impact on the growth of the global aseptic pharmaceutical processing market. T hus, pharmaceutical manufacturers are expanding their operational capacities to meet the growing demand, which is expected to drive the market demand for aseptic pharma processing . Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period Restraint s The Lack of Skilled Labor in Emerging Economie s The global asept ic pharma processing is still witnessing restrictive growth due to the lack of skilled labor in emerging economies. Although emerging economies such as China, India, and Japan are showing impressive growth in the pharmaceutical industry, a shortage of qual ified personnel to deal with aseptic processing techniques acts as a barrier. Furthermore, this technique requires specialized knowledge and training, and hiring such professionals will ultimately escalate overhead expenses, which may not be very suitable for price - sensitive markets such as India . Impact of COVID - 19 on Global Aseptic Pharma Processing Equipment Marke t The sudden outbreak of COVID - 19 put a lot of strain on the entire healthcare system in the world. As a result of the community transmission o f the virus, more patients had to be admitted into healthcare facilities, resulting in an increase in chronic and infectious diseases. This resulted in a rapid surge in the demand for various drugs and medicines for treatment purposes. Because of this, the global aseptic pharma processing equipment witnessed tremendous growth during the COVID - 19 period. Furthermore, the expansion in the pharmaceutical production activities is also providing growth opportunities to the global aseptic pharma processing equipm ent market . Global Aseptic Pharma Processing Equipment Market - By Produc t Based on products, the global aseptic pharma processing equipment market is segmented into processing equipment and packaging equipment. The demand for pharma processing equipment accounts for the largest market share. This segment is further classified in to drying equipment, extruders, mills, granulation equipment, tablet compression equipment, feeders, fill/finish equipment, mixing equipment, and pneumatic conveying equipment. The aseptic processing of the drugs and medicines minimizes the risk of microbi al contamination into the product as it moves through the manufacturing procedure, which is why pharmaceutical companies are increasingly adopting aseptic processing equipment . Global Aseptic Pharma Processing Equipment Market - By Applicatio n Based on app lications, the global aseptic pharma processing equipment market is segmented into ophthalmic suspensions, reconstituted lyophilized powders for injection, sterile injectables, aqueous - based aerosols for inhalation, and other applications. Among these, the ophthalmic suspension segment holds the largest market share. The ophthalmic products contain at least one active pharmaceutical ingredient and are intended for use primarily on the conjunctiva or eyelids. The chances of microbial content or the bio - burde n of the raw materials are very high, Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period because of which the aseptic pharma processing technique becomes very crucial. Therefore, this application is a significant growth factor for the global aseptic pharma processing equipment market . Global Aseptic Pharma Processing Equipment Market - Regional Insight s Geographically, the global aseptic pharma processing equipment market is segmented into North America, Europe, Asia - Pacific, Latin America, Middle - East & Africa. Among these regions, North America dominates the market because of the high concentration of pharmaceutical industry giants such as Pfizer, Merck & Co., AbbVie, etc. Increasing healthcare expenditures and rigorous regulatory policies for sterilization of pharmaceuticals are also contributing to the g rowth of the aseptic pharma processing equipment market in North America. Europe also covers a substantial share in the market with Germany and Denmark being some of the biggest exporters of drugs and medicines, which propels the demand for aseptic pharma processing equipment . Competitive Landscap e The leading market players in the global aseptic pharma processing equipment market are AMCOR PLC, Automated Systems of Tacoma, LLC (AST), Becton, Dickinson, and Company, DuPont, SPX Flow, Inc., GEA Group, Rommelag, Greatview Aseptic Packaging Co., Ltd., Robert Bosch GmbH, Industria Macchine Automatiche S.P.A., John Bean Technologies (JBT) Corporation, SP PennTech, Steriline, Biopharma Group, SaniSure, Atmos - Tech Industries, Nicos Gro up, and other prominent players . The global aseptic pharma processing equipment market is highly fragmented with the presence of several global and regional market players. To increase their market penetration and expand their market share, industry partic ipants place considerable importance on approvals and launches of new products. The companies also invest significantly in R&D activities to gain a competitive edge. Furthermore, the adoption of organic and inorganic strategies like mergers, acquisitions, partnerships, and collaborations is also very prominent in this market . Recent Development s  In July 2021, SP Scientific Products, a leading scientific products brand, launched two new fully GMP - compliant loading systems compatible with SP Hull LyoConstella tion Freeze dryers to expand its freeze dryer loader range for aseptic pharmaceutical processing .  In April 2021, ILC Dover, a US - based special engineering development and manufacturing company, introduced the soloPURE flexible aseptic isolator.Their new of fering is now marketed as a cost - effective, closed - barrier system for sterile manufacturing . Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period Scope of the Repor t Attribute s Detail s Years Considere d Historical data – 2017 - 202 0 Base Year – 202 0 Forecast – 2021 – 202 7 Facts Covere d Revenue in USD Billio n Market Coverag e U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabi a Product Service/Segmentatio n By Product, By Application, By Regio n Key Player s AMCOR PLC, Automated Systems of Tacoma, LLC (AST), Becton, Dickinson, and Company, DuPont, SPX Flow, Inc., GEA Group, Rommelag, Greatview Aseptic Packaging Co., Ltd., Robert Bosch GmbH, Industria Macchine Automatiche S.P.A., John Bean Technologies (JBT) Corporation, SP PennTech, Ster iline, Biopharma Group, SaniSure, Atmos - Tech Industries, Nicos Group, and other prominent players . Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period By Produc t  Processing Equipmen t 1. Drying Equipmen t 2. Extruder s 3. Mill s 4. Granulation Equipmen t 5. Tablet Compression Equipmen t 6. Feeder s 7. Fill/Finish Equipmen t 8. Mixing Equipmen t 9. Pneumatic Conveying Equipmen t  Packaging Equipmen t 1. Inspection Machine s 2. Labeling Machine s 3. Aseptic Packaging Machine s By Applicatio n  Ophthalmic Suspension s  Reconstituted Lyophilized Powders for Injectio n  Sterile Injectable s  Aqueous - Based Aerosols for Inhalatio n  Other Application s By Regio n  North Americ a  Europ e  Asia - Pacifi c  Latin Americ a  Middle East & Afric a Global Aseptic Pharma Processing Equipment Market Projected to Touch Market Worth USD 12.9 Billion: Growing at a CAGR of 7.2% in the Forecast Period About us Blueweave Consulting offers a one - stop solution for your market intelligence needs for any service or product. You get well - researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well informed and tim ely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk - return trade - off. 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