Dublin, Nov. 27, 2024 (GLOBE NEWSWIRE) — The “Pharmaceutical Manufacturing Equipment Market Forecast 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Pharmaceutical Manufacturing Equipment Market grew from USD 15.08 billion in 2023 to USD 16.11 billion in 2024. It is expected to continue growing at a CAGR of 6.85%, reaching USD 24 billion by 2030.
Market growth is chiefly influenced by technological advancements leading to automation, growing demand for generic and biosimilar drugs, and increasing R&D investments. Additionally, the push towards personalized medicine and stringent regulatory standards demanding high-quality manufacturing processes drive the demand for sophisticated equipment. Emerging opportunities include the rise of continuous manufacturing processes, increased demand for biologics manufacturing equipment, and the integration of digital technologies like IoT and AI to enhance precision and efficiency.
However, market expansion is hindered by factors such as the high initial costs of equipment, maintenance challenges, and the complexity of integrating advanced technologies within existing infrastructures. Navigating strict regulatory landscapes and managing the need for highly skilled operators are ongoing challenges.
Areas ripe for innovation include digital transformation leveraging AI and machine learning for predictive analytics, smart manufacturing systems for real-time quality control, and the development of flexible, scalable manufacturing solutions adapted to various production scales. Insights into the market reveal a trend towards sustainable and eco-friendly manufacturing practices, opening new avenues for green technology integration.
To capitalize on these opportunities, businesses should focus on strategic partnerships and continuous investment in R&D for technology upgrades, while maintaining a keen awareness of evolving regulatory demands and market dynamics.
Pharmaceutical Manufacturing Equipment Market Dynamics
- Market Drivers
- Significant growth in demand for vaccines and pharmaceutical drugs
- Rising pharmaceutical R&D spending for autonomous manufacturing
- Increasing presence of pharmaceutical contract manufacturers worldwide
- Market Restraints
- High costs of installation and maintenance of pharmaceutical manufacturing equipment
- Market Opportunities
- Rise in the investment and funding programs in pharmaceutical manufacturing sector
- Advancements in pharmaceutical manufacturing technologies for better efficiency, enhance production yields
- Market Challenges
- Strict government regulations and standards for pharmaceutical manufacturing equipment
Key Company Profiles
The report delves into recent significant developments in the Pharmaceutical Manufacturing Equipment Market, highlighting leading vendors and their innovative profiles. The leading players in the Pharmaceutical Manufacturing Equipment Market, which are profiled in this report, include:
- ACG Pvt. Ltd.
- ACIC Pharmaceuticals Inc.
- Alfa Laval
- Ambica Pharma Machines Pvt. Ltd.
- GEA Group Aktiengesellschaft
- Glatt GmbH
- IDEX Material Processing Technologies
- IMA Group
- Jinhu Ginhong Machinery Co. Ltd.
- Komachine Inc.
- Korber AG
- Lee Industries
- Maquinaria Industrial Dara, S.L.
- Marchesini Group S.p.A.
- MG2 s.r.l.
- Niverplast B.V.
- Paul Mueller Company
- Pharma Machinery Ltd.
- Romaco Group
- Senieer
- Shinva Medical Instrument Co. Ltd.
- Solvay S.A.
- Syntegon Technology GmbH
- Thermo Fisher Scientific Inc.
- UNITED PHARMATEK LLC
Market Segmentation & Coverage
This research report categorizes the Pharmaceutical Manufacturing Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Equipment Type
- Packaging Equipment
- Blister Packers
- Bottling & Filling Machines
- Labeling Equipment
- Sealers & Cartoners
- Processing Equipment
- Agitators & Mixers
- Blowers
- Boilers
- Capsule & tablet printers
- Centrifuges
- Coaters
- Dryers & Granulators
- Heat Exchangers
- Packaging Equipment
- Product Type
- End-Use
- Pharmaceutical Contract Manufacturing Organizations
- Pharmaceutical Manufacturers
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 198 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $16.11 Billion |
| Forecasted Market Value (USD) by 2030 | $24 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/f8wtpq
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- Pharmaceutical Manufacturing Equipment Market
