DUBLIN, August 05, 2021--(BUSINESS WIRE)--The "Global Aseptic Pharma Processing Equipment Market: Focus on Equipment, and Applications, Country Data (14 Countries), and Competitive Landscape - Analysis and Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
Processing of pharmaceuticals is the method of drug manufacturing and can be further divided into a range of unit operations, such as milling, granulation, blending, tablet pressing, coating, filling, sealing, packaging and others.
The Pharmaceutical manufacturing process has specific requirements and manufacturing guidelines in terms of quality. As a result, it is important that the pharmaceutical manufacturing equipment complies with good manufacturing practices (GMP).
Aseptic pharma processing equipment is the system used commercially to thermally sterilized the formulations (liquid or powder) for packaging into containers sterilized previously, under sterile conditions to produce shelf-stable products that do not need refrigeration.
The global aseptic pharma processing equipment market consists of processing equipment markets, such as drying equipment, extruders, mills, granulation equipment, tablet compression, feeders, fill/finish equipment, mixing equipment, and pneumatic conveying equipment and packaging equipment such as inspection machines, labeling machines, and aseptic packaging machines which are used for aseptic manufacturing of drug by the pharmaceuticals companies.
With several companies eagerly competing to establish dominance in the global aseptic pharma processing equipment market, there have been several highly emerging and dynamic companies that have undertaken significant activities to establish their position in the market. Although these companies are currently far behind the market leaders, some of them have made significant strides to grow into major players, owing to initiatives undertaken to expand their respective product lines
Our healthcare experts have found aseptic pharma processing to be one of the most rapidly evolving techniques, and the global market for aseptic pharma processing equipment is predicted to grow at a CAGR of 7.29% over the forecast period 2021-2030. Growing demand for generic and OTC drugs, high demand met by pharmaceutical companies for novel therapeutics production, a surge in the production capacity attributed to COVID-19 pandemic, and increase in the pipeline product is the major factor driving the growth of the market.
The following report presents the reader with an opportunity to unlock comprehensive insights with respect to the global aseptic pharma processing equipment market and helps in forming well-informed strategic decisions. The market research study also offers a wide perspective of the different types of products and applications available in the market and their impact on the pharmaceutical industry by providing critical insights into the direction of its future expansion.
Key Questions Answered in this Report:
What is the current trend in the aseptic pharma processing equipment market?
Based on systems, which aseptic pharma processing system is anticipated to witness a massive rise in the demand in the forecast period?
What are the major drivers, challenges, and opportunities of the global aseptic pharma processing equipment market?
What are the key developmental strategies implemented by the key players to stand out in this market?
What are the leading companies dominating the global aseptic pharma processing equipment market? What is the share of these companies in the global aseptic pharma processing equipment market?
What are the regulations pertaining to the global aseptic pharma processing equipment market? What initiatives are implemented by different government bodies regulating the development and commercialization of aseptic pharma processing equipment?
How will each segment of the global aseptic pharma processing equipment market grow during the forecast period, and what will be the revenue generated by each of the segments by the end of 2030?
How will the industry evolve during the forecast period 2021-2030?
What is the market scenario for the aseptic pharma processing equipment market in different regions?
What are the key trends of different regions in the aseptic pharma processing equipment market? Which country would contribute to the highest sales of the aseptic pharma processing equipment market during the forecast period 2021-2030?
Market Growth Drivers
High Growth in the Generics and Biopharmaceuticals Markets
Growing Demand for Automated Products in Aseptic Pharma Processing at the Pharmaceutical Companies
Growing Demand for Contract Development and Manufacturing Organisations (CDMO) for Aseptic Manufacturing of Pharmaceutical Products
High Capital Investment
Growing Preference for Refurbished Equipment
Lack of Skilled Personnel
Increasing Investment in R&D
Automated Systems of Tacoma, LLC (AST)
Becton, Dickinson, and Company
Greatview Aseptic Packaging Co., Ltd.
Industria Macchine Automatiche S.P.A.
John Bean Technologies (JBT) Corporation
Robert Bosch GmbH
SPX Flow, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/c6nxr8
View source version on businesswire.com: https://www.businesswire.com/news/home/20210805005606/en/
Laura Wood, Senior Press Manager
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