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Technavio’s pharmaceutical tablet packaging equipment market research report identifies that the increasing developments in the pharmaceutical industry will be one of the primary growth drivers for the global pharmaceutical tablet packaging equipment market until 2021. The adoption of advanced drug delivery technologies and unique packaging solutions is increasing due to the rising pressure on pharmaceutical companies from consumers, investors, regulators, and governments to drive down costs and improve product performance in terms of efficacy and ease of use. Factors such as the increased number of patents is driving the need for such advanced packaging solutions for new drug innovations. Furthermore, the rising incidents of chronic diseases and competition and huge investments will also boost the adoption of pharmaceutical tablet packaging equipment or tablet press. Our market research analysts predict that this market will grow at a CAGR of close to 9% by 2021.
The growing enhancements in tablet counting machine or equipment is identified as one of the key trends that will gain traction in the global pharmaceutical tablet packaging equipment market during the projected period. This equipment fills the solid-dose tablets or capsules in the required packaging after counting and weighing them. For instance, APPS introduced the R1K compact electronic tablet counter, which can be used as a bulk product counter, counter or capsule filling machine for filling pouches or bottles, or check counter.
The pharmaceutical tablet packaging equipment market is highly competitive. Vendors of the pharmaceutical tablet packaging equipment are increasingly focusing on sustainability. This encourages them to offer sustainable solutions to their customers. Consequently, these vendors are considered environment-friendly by end-users.
According to the pharmaceutical tablet packaging equipment market analysis report, the vendors in this market are -
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The blister packaging machine segment contributed the majority of shares during 2016 because it offers pre-heating and forming units to handle the packaging materials. The segment will continue to grow because automatic strip blister packaging and PVC blister packaging equipment can handle high-volume orders at once. Consequently, the tablet processing & packaging equipment market will experience growth in this segment.
The consumption of medicines, tablets, and capsules is high in the Americas. The rising investments in the research and development (R&D) will positively influence the development of drugs in the region. Furthermore, the increased spending on medicines in the US will boost the demand for pharmaceutical machinery or tablet packaging equipment during the estimated period.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY EQUIPMENT TYPE
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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