Lyophilization Equipment and Services Market Expected to Reach USD 4.80 Billion Globally in 2020 : Transparency Market Research

Albany, NY, Nov. 28, 2014 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research "Lyophilization Equipment and Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020," the global lyophilization equipment and services market was valued at USD 2.73 billion in 2013 and is expected to grow at a CAGR of 8.5% from 2014 to 2020, to reach an estimated value of USD 4.80 billion in 2020.

Browse the full Report of Lyophilization Equipment and Services Marketat :

At present, the lyophilization equipment and services market is growing at a faster pace due to the rapidly developing biopharmaceutical industry and increase in the number of contract manufacturing organizations globally. Biopharmaceutical industry is expected to grow at a rapid pace of 11% to 13% during the forecast period of 2014 to 2020. Such high rate of growth is expected from the introduction of new biologics and biosimilars, which would thereby enhance the demand for lyophilization equipment and services. Besides, lyophilization is essential for majority of the biologics before they could be marketed commercially; therefore, lyophilization equipment and services market is expected to grow significantly during the forecast period. Additionally, lyophilization also makes transportation of pharmaceutical and biopharmaceutical products easy and cost-effective in comparison to other conventional methods of preservation.

Get Sample Report Copy OR For further inquiries, click here :

In the lyophilization equipment market, tray lyophilizers accounted for the largest market share of 47.6% in 2013. Compact design, optimum performance, ease of handling, corrosion resistance and longer service life are the factors that contribute to the growth of the tray lyophilizers market. Similarly, in applications segment, pharmaceuticals constituted the largest market in the year 2013 growing at a CAGR of 8.1% over the forecast period. Necessity to lyophilize active pharmaceutical ingredients and various formulations including injections, antibodies and antiviral drugs, for their stability is the major factor that provides pharmaceutical segment dominance over other segments. Moreover, stringent regulations set by the International Society of Pharmaceutical Engineers (ISPE), Good Automated Manufacturing Practice (GAMP) guidelines and Food and Drug Administration support adoption of lyophilization in pharmaceutical manufacturing. These guidelines are focused on patient safety, product quality and data integrity of the drugs through computerized electronic equipment used for lyophilization. Satisfying these requirements is necessary for companies operating in the lyophilization market to demonstrate that their products are securely manufactured, and are suitable for use and sale, domestically as well as internationally. However, the biopharmaceuticals segment is estimated to be the fastest growing segment with a CAGR of 8.8%. Mirroring the growth trend of biopharmaceutical market with the necessity of lyophilization, it is thus, expected that the number of lyophilized biopharmaceutical products will grow at a faster pace.

Browse Press Release Of Lyophilization Equipment and Services Market:

In the services segment, cycle development services dominate the lyophilization equipment and service market with a highest CAGR of over 8% owing to its attributes such as low cost and less time consumption for the process. Cycle optimization is also deemed essential for the products that are manufactured on regular basis and on a large scale.

Geographically, North America accounted for the largest market share (32.2% in 2013) in the equipments and services market, combined. Extensive research and development activities, rapid acceptance of innovative technologies, presence of a large number of pharmaceutical and biopharmaceutical companies and significant investments toward the development of healthcare infrastructure are some of the factors that have propelled the lyophilization equipment and services market in North America. However, Asia Pacific countries such as Japan, China, India and Brazil are anticipated to emerge as lucrative markets in the forecast period, owing to increasing contract manufacturing organizations in these developing regions. According to the Chemical Pharmaceutical Generic Association (CPA), the market share of India in the global contract research and manufacturing services (CRAMS) market would rise from 8.3% in 2012 to 21.3% in 2017, while that of China is expected to increase from 12.2% in 2012 to 19.2% in 2017. CROs constitute a large segment of end users of lyophilization equipment, hence assist in the growth of the market in Asia Pacific region.

High growth rate of the lyophilization market is likely to attract many multinational companies to venture in this market. Major players operating in the lyophilization market are Aseptic Technologies, Azbil Telstar, S.L. Baxter BioPharma Solutions, BioPharma Technologies Ltd., Irvine Pharmaceutical Services, LSNE Contract Manufacturing, Lyophilization Technology, Inc., SP Scientific, Thermo Fisher Scientific, Inc., W.L. Gore Associates, Inc. and ZIRBUS Technology GmbH.

Other Published Reports By Transparency Market Research :

The global lyophilization equipment and services market is segmented as follows:

Global Lyophilization Equipment, by Equipment Type :

  • Bench - top Lyophilizers
  • Tray Lyophilizers
  • Rotary Lyophilizers
  • Freeze Drying Microscope

Global Lyophilization Services Market, by Service Type :

  • Cycle Development
  • Aseptic Filling
  • Bulk Lyophilization

Global Lyophilization Equipment and Services Market, by Applications :

  • Pharmaceuticals
  • Biopharmaceuticals
  • Diagnostics
  • Nutraceuticals

Global Lyophilization Equipment and Services Market, by Geography :

North America

  • Lyophilization Equipment
  • Lyophilization Services


  • Lyophilization Equipment
  • Lyophilization Services

Asia Pacific

  • Lyophilization Equipment
  • Lyophilization Services
  • Latin America
  • Lyophilization Equipment
  • Lyophilization Services

Middle East

  • Lyophilization Equipment
  • Lyophilization Services
  • Rest of the World (RoW)
  • Lyophilization Equipment
  • Lyophilization Services

More Links :

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

CONTACT: Ms. Sheela AK State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: Website:

Source:Transparency Market Research