Lyophilization in Pharmaceutical Market Projected to Exhibit a Double-Digit CAGR between 2019 and 2027
Global Lyophilization in Pharmaceutical Market, by Type (Tray-Style Freeze Dryers, Manifold Freeze Dryers, Shell (Rotary) Freeze Dryers), by Application (Food Processing and Packaging, Pharmaceutical and Biotechnology Manufacturing, Medical Applications, Others), by Scale of Operation (Industrial-Scale Lyophilization Equipment, Pilot-Scale Lyophilization Equipment, Laboratory-Scale Lyophilization Equipment), by Accessories Type (Loading & Unloading Systems, Controlling & Monitoring Systems, Vacuum Systems, Clean-In-Place (CIP) Systems, Drying Chambers, Freeze Drying Trays & Shelves, Manifolds, & Other Accessories) By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2019 and 2027.
As per the report, the pharmaceutical and biotechnology drugs are often highly sensitive and complex molecules that can be negatively affected by external factors such as sunlight, oxygen, pH and others. Leaving marketers and manufacturers looking for innovative ways to preserve and protect these difficult-to-handle substances, lyophilization offers a highly efficient and suitable technique to meet the needs for handling the complexities of constituents during pharmaceutical manufacturing. Although the principles of lyophilization are traditional and can be traced back to ancient times, the technological advancements in the product applications and innovation in the services of lyophilization are expected to favor the market growth. For instance, in May 2015, Symbiosis Pharmaceutical Services, a Scotland based contract manufacturing organization (CMO) expanded its sterile filling offering to cater both aseptic and low bio-burden clean room dispensing of bulk materials.
Additionally, the freeze driers or lyophilizers are developed to control and assist the bulk pharmaceutical manufacturing as well as cater the demands of in-house small-scale production and conduction of laboratory studies. For instance, in April 2017, BÜCHI Labortechnik AG, one of the market leaders in laboratory evaporation introduced the first freeze drier named Lyovapor L-300 with Infinite Technology that offers continuous sublimation for entire process control of relevant parameters via mobile devices. Moreover, in December 2015, Millrock Technology introduced a solvent-remover freeze dryer featuring dual condensers that helps to eliminate the prior steps of solvent removal before lyophilization or freeze-drying. Apart from the manufacturers, various academic and research institutes are working towards advancing the process of lyophilization for the production of medicines and pharmaceutical drugs. For instance, in January 2018, researchers in collaboration with industry leaders at Purdue University teamed up to transform freeze-drying process for the development of life-saving drugs through the Advanced Lyophilization Technology Hub. Thus, the increasing number of innovative lyophilization products and services entering the market are anticipated to propel the growth of market over the forecast years.