Freeze Drying Equipment Market by Product, Application, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 163 SKU: IRTNTR70910

Freeze Drying Equipment Market Report 2023-2027

The freeze drying equipment market size is estimated to grow by USD 3,061.95 million accelerating at a CAGR of 9.01% between 2023 and 2027. This freeze-drying equipment market report extensively covers market segmentation by Product (tray style, manifold, and rotary), Application (biotechnology, food processing, pharmaceuticals, surgical procedures, and others), and Geography (Europe, APAC, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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Freeze Drying Equipment Market Growth Factors:

  • Technological advances in freeze-drying
  • Advantages of freeze-drying over conventional drying
  • Rising demand for biobanks

Freeze Drying Equipment Market Report Scope

Report Coverage

Details

Page number

163

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.01%

Market growth 2023-2027

USD 3061.95 million

Market YoY

Fragmented

YoY growth 2022-2023(%)

8.58

 

What will be the Size of the Freeze Drying Equipment Market During the Forecast Period?

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Freeze Drying Equipment Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Freeze Drying Equipment Market Driver

The market growth is being driven significantly by the benefits of freeze-drying over conventional drying. This technology has been utilized for more than three decades to stabilize various chemical components and is gaining increasing usage in the pharmaceutical and biotechnology industries due to its potential advantages over conventional drying methods such as crystallization, filtration, and precipitation.

The primary benefit of freeze-drying over conventional drying is the preservation of the chemical and biological potency and homogeneity of the final products. Furthermore, freeze-drying allows for easy dispensing and metering before final packaging, as well as protection against solution effects and chemical degradation. Compared to dry powder fills, freeze-drying can also increase the speed of rehydration. Additionally, freeze-dried products can remain in their original state for years in appropriate packaging and storage conditions due to their low moisture content.

In contrast, conventionally dried products have a higher moisture content than freeze-dried products, which makes them a breeding ground for mold and organisms. Consequently, conventionally dried products have a shorter shelf life than freeze-dried products. Moreover, freeze-drying allows samples to dry in their original containers, reducing the risk of altering their initial state. Thus, these benefits are likely to fuel the growth of the market during the forecast period.

Key Freeze Drying Equipment Market Trends

The market is witnessing an emerging trend of smart freeze dryers. Companies are investing in research and development to achieve cost synergies and optimize processes to increase efficiency, lower operating costs, and reduce emissions. As remote monitoring technologies become more widely adopted for optimized results, the freeze-drying industry is following suit.

Vendors in the market have introduced smart freeze dryers, which offer increased reliability and affordability. These dryers are based on standardized modules and are designed to meet the specific size and technology requirements of each customer. In addition to being cost-effective, these dryers also facilitate planning, validation, and documentation, significantly reducing delivery times. These factors are expected to drive the adoption of smart freeze dryers, thereby driving the market growth during the forecast period.

Major Freeze Drying Equipment Market Challenge

The market growth is being impeded by the emergence of potential alternatives to freeze-drying. Various methods such as spray drying, spray freeze-drying, atmospheric spray freeze-drying, and vacuum foam drying have emerged as potential alternatives to freeze-drying for producing dry formations of biopharmaceuticals. Among these, spray freeze-drying has gained popularity in recent years and has emerged as the most mature alternative to lyophilization. In spray freeze-drying, the sublimation and secondary drying of frozen particles are faster than those in conventional freeze-drying due to the increased surface area of the frozen starting material. Additionally, it allows for the engineering of particle size and shape, enabling delivery methods that are infeasible with other drying techniques. Furthermore, it can process materials under atmospheric pressure and offers energy savings.

Vacuum foam drying has also emerged as a potential approach in recent years for preserving sensitive biological materials. It is a short, simple, and industrially economical process for preserving biologics, which can offer better processing and storage stability to products such as bovine serum albumin compared to freeze-drying. Hence, the growing popularity of such alternatives is expected to constrain the growth of the global market during the forecast period.

Freeze Drying Equipment Market by Product, Application, Geography

Product Analysis

The tray-style segment was valued at  USD 2,419.30 million in 2017 and continued to grow until 2021Tray-style freeze dryers are known to be more advanced and larger in size when compared to manifold freeze dryers. The primary benefit of tray-style freeze dryers is that they allow products to freeze in place and perform both primary and secondary freeze-drying, leading to the driest possible final product. Moreover, they can handle bulk products as well as vials/containers for the freeze-drying process. When drying vials, tray-style freeze dryers are equipped with a stoppering mechanism that allows a stopper to be placed in the dryer, ensuring the vial is sealed before it is exposed to the atmosphere. Thus, tray-style freeze dryers are increasingly being utilized for the long-term preservation of vaccines. Given these advantages, this segment of the market is anticipated to experience growth during the forecast period.

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Application Analysis

Freeze-drying equipment is dominating the market under the application segment. In the healthcare industry, freeze-drying equipment is used by biotechnology companies for the preservation and stabilization of various biological products, such as antibodies, proteins, peptides, vaccines, nucleic acids, antibody-drug conjugates, biological tissue samples, human red blood cells, platelets, serum/plasma, and microorganisms. The developments in the field of biotechnology are increasing, and there are many dedicated biotechnology firms globally that provide services such as R and D, bioinformatics, gene identification, and stem cell databank storage. Many biotechnology companies are investing extensively in cell-based therapies and biobanks to develop new drugs for the treatment of chronic and rare diseases. The rise in the number of biobanks will fuel the demand for freeze-drying equipment during the forecast period for the preservation of biological specimens.

 Freeze Drying Equipment Market Regional Analysis

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Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

 

Europe's main revenue contributors to the market are the UK and Germany. The demand for freeze-drying equipment in the region is primarily driven by the extensive focus of various pharmaceutical companies, including Novartis and Sanofi, on developing novel drugs and vaccines, and the increasing number of cancer biomarker studies, as freeze-drying provides high storage stability for labile biomolecules in drugs and vaccines.

The high pharmaceutical spending in the region has resulted in increased drug consumption, which is positively impacting the demand for lyophilization. For example, Switzerland, Belgium, and Germany were the leading countries in Europe in terms of per capita pharmaceutical spending in 2020, as per the OECD. As a result, the growing number of biopharmaceutical clinical trials and the increase in pharmaceutical spending is driving the demand for freeze-drying equipment in Europe during the forecast period.

The outbreak of COVID-19 had a moderate impact on the market in Europe in 2020 due to a reduction in the purchase of packaged food products and biopharmaceuticals that are processed or stored using freeze-drying equipment. However, in 2021, most of the lockdowns were lifted, and production activities resumed owing to the large-scale COVID-19 vaccination programs conducted across Europe. Thus, the demand for freeze-drying equipment is anticipated to grow in the region during the forecast period.

 Major Freeze Drying Equipment Market Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Gevasol- The company offers Gevasol fluid control, Gevasol motion control, and Gevasol vacuum systems.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

ATS Automation Tooling Systems Inc., Azbil Corp., Biopharma Process Systems Ltd., BUCHI Labortechnik AG, Cuddon Freeze Dry, GEA Group AG, Gem Machinery and Allied Industries, Gevasol, HOF Sonderanlagenbau GmbH, IMA Industria Macchine Automatiche Spa, Labconco Corp., Lyophilization Systems India Pvt Ltd., Martin Christ Gefriertrocknungsanlagen GmbH, MechaTech Systems Ltd., Millrock Technology Inc., OPTIMA packaging group GmbH, Scala Scientific BV, Shanghai Tofflon Science and Technology Co. Ltd., ZIRBUS technology GmbH, and Freeze Drying Systems Pvt. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The freeze drying equipment market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Tray style
    • Manifold
    • Rotary
  • Application Outlook (USD Million, 2017 - 2027)
    • Biotechnology
    • Food processing
    • Pharmaceuticals
    • Surgical procedures
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Freeze Drying Equipment Market Report

Report Attributes

Details

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 39%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ATS Automation Tooling Systems Inc., Azbil Corp., Biopharma Process Systems Ltd., BUCHI Labortechnik AG, Cuddon Freeze Dry, GEA Group AG, Gem Machinery and Allied Industries, Gevasol, HOF Sonderanlagenbau GmbH, IMA Industria Macchine Automatiche Spa, Labconco Corp., Lyophilization Systems India Pvt Ltd., Martin Christ Gefriertrocknungsanlagen GmbH, MechaTech Systems Ltd., Millrock Technology Inc., OPTIMA packaging group GmbH, Scala Scientific BV, Shanghai Tofflon Science and Technology Co. Ltd., ZIRBUS technology GmbH, and Freeze Drying Systems Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

What are the Key Data Covered in this Freeze Drying Equipment Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across Europe, APAC, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global freeze drying equipment market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global freeze drying equipment market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Tray style - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Tray style - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Tray style - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Tray style - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Tray style - Year-over-year growth 2022-2027 (%)
    • 6.4 Manifold - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Manifold - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Manifold - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Manifold - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Manifold - Year-over-year growth 2022-2027 (%)
    • 6.5 Rotary - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Rotary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Rotary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Rotary - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Rotary - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 47: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 49: Chart on Comparison by Application
      • Exhibit 50: Data Table on Comparison by Application
    • 7.3 Biotechnology - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Biotechnology - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Biotechnology - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Biotechnology - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Biotechnology - Year-over-year growth 2022-2027 (%)
    • 7.4 Food processing - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Food processing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Food processing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Food processing - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Food processing - Year-over-year growth 2022-2027 (%)
    • 7.5 Pharmaceuticals - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
    • 7.6 Surgical procedures - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Surgical procedures - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Surgical procedures - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Surgical procedures - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Surgical procedures - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 71: Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 75: Chart on Geographic comparison
      • Exhibit 76: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 117: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 120: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 121: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 122: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 123: Matrix on vendor position and classification
            • 12.3 ATS Automation Tooling Systems Inc.
              • Exhibit 124: ATS Automation Tooling Systems Inc. - Overview
              • Exhibit 125: ATS Automation Tooling Systems Inc. - Product / Service
              • Exhibit 126: ATS Automation Tooling Systems Inc. - Key offerings
            • 12.4 Azbil Corp.
              • Exhibit 127: Azbil Corp. - Overview
              • Exhibit 128: Azbil Corp. - Business segments
              • Exhibit 129: Azbil Corp. - Key news
              • Exhibit 130: Azbil Corp. - Key offerings
              • Exhibit 131: Azbil Corp. - Segment focus
            • 12.5 Biopharma Process Systems Ltd.
              • Exhibit 132: Biopharma Process Systems Ltd. - Overview
              • Exhibit 133: Biopharma Process Systems Ltd. - Product / Service
              • Exhibit 134: Biopharma Process Systems Ltd. - Key offerings
            • 12.6 BUCHI Labortechnik AG
              • Exhibit 135: BUCHI Labortechnik AG - Overview
              • Exhibit 136: BUCHI Labortechnik AG - Product / Service
              • Exhibit 137: BUCHI Labortechnik AG - Key offerings
            • 12.7 Cuddon Freeze Dry
              • Exhibit 138: Cuddon Freeze Dry - Overview
              • Exhibit 139: Cuddon Freeze Dry - Product / Service
              • Exhibit 140: Cuddon Freeze Dry - Key offerings
            • 12.8 GEA Group AG
              • Exhibit 141: GEA Group AG - Overview
              • Exhibit 142: GEA Group AG - Business segments
              • Exhibit 143: GEA Group AG - Key offerings
              • Exhibit 144: GEA Group AG - Segment focus
            • 12.9 Gevasol
              • Exhibit 145: Gevasol - Overview
              • Exhibit 146: Gevasol - Product / Service
              • Exhibit 147: Gevasol - Key offerings
            • 12.10 IMA Industria Macchine Automatiche Spa
              • Exhibit 148: IMA Industria Macchine Automatiche Spa - Overview
              • Exhibit 149: IMA Industria Macchine Automatiche Spa - Business segments
              • Exhibit 150: IMA Industria Macchine Automatiche Spa - Key news
              • Exhibit 151: IMA Industria Macchine Automatiche Spa - Key offerings
              • Exhibit 152: IMA Industria Macchine Automatiche Spa - Segment focus
            • 12.11 Labconco Corp.
              • Exhibit 153: Labconco Corp. - Overview
              • Exhibit 154: Labconco Corp. - Product / Service
              • Exhibit 155: Labconco Corp. - Key offerings
            • 12.12 Martin Christ Gefriertrocknungsanlagen GmbH
              • Exhibit 156: Martin Christ Gefriertrocknungsanlagen GmbH - Overview
              • Exhibit 157: Martin Christ Gefriertrocknungsanlagen GmbH - Product / Service
              • Exhibit 158: Martin Christ Gefriertrocknungsanlagen GmbH - Key offerings
            • 12.13 Millrock Technology Inc.
              • Exhibit 159: Millrock Technology Inc. - Overview
              • Exhibit 160: Millrock Technology Inc. - Product / Service
              • Exhibit 161: Millrock Technology Inc. - Key offerings
            • 12.14 OPTIMA packaging group GmbH
              • Exhibit 162: OPTIMA packaging group GmbH - Overview
              • Exhibit 163: OPTIMA packaging group GmbH - Product / Service
              • Exhibit 164: OPTIMA packaging group GmbH - Key offerings
            • 12.15 Scala Scientific BV
              • Exhibit 165: Scala Scientific BV - Overview
              • Exhibit 166: Scala Scientific BV - Product / Service
              • Exhibit 167: Scala Scientific BV - Key offerings
            • 12.16 Shanghai Tofflon Science and Technology Co. Ltd.
              • Exhibit 168: Shanghai Tofflon Science and Technology Co. Ltd. - Overview
              • Exhibit 169: Shanghai Tofflon Science and Technology Co. Ltd. - Product / Service
              • Exhibit 170: Shanghai Tofflon Science and Technology Co. Ltd. - Key offerings
            • 12.17 ZIRBUS technology GmbH
              • Exhibit 171: ZIRBUS technology GmbH - Overview
              • Exhibit 172: ZIRBUS technology GmbH - Product / Service
              • Exhibit 173: ZIRBUS technology GmbH - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              freeze drying equipment market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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