Lyophilization Equipment and Services Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, France, Japan - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 166 SKU: IRTNTR73552

Lyophilization Equipment and Services Market 2024-2028

The  Lyophilization Equipment And Services Market size is estimated to grow by USD 2.65 billion at a CAGR of 7.92% between 2023 and 2028. 

There have been several technological advances in lyophilization over the years and it has become more cost-effective, efficient, accurate, and convenient to use.  In addition, it is witnessing advances, such as modern computer/instrument control automation in viral loading. Moreover,  modern lyophilization equipment is featured with a separate drying chamber and an ice condenser to reduce cross-contamination. Refrigeration systems are properly sized and have become more reliable, and condensers are designed to handle high vapor loads effectively. Hence, such factors are positively impacting the market.

Technavio has segmented the market into End-user, Product, and Geography

  • The end-user segment is classified into pharmaceutical and biotechnology companies and other healthcare service providers
  • The product segment is classified into tray-style freeze dryer, manifold freeze dryer, and rotary freeze dryer
  • The geography segment includes key regions such as North America, Europe, Asia, and the Rest of the World (ROW)

It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the Size of the Lyophilization Equipment and Services Market During the Forecast Period?

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Lyophilization Equipment and Services Market Segmentation by End-user, Product and Geography Analysis

End-user Analysis

The pharmaceutical and biotechnology companies segment is estimated to witness significant growth during the forecast period. This segment mainly uses lyophilization technology to extend the shelf life of a wide range of biological products, including antibodies, proteins, peptides, coagulation factors, growth factors, cytokines, vaccines, nucleic acids, and antibody-drug conjugates. In addition, lyophilization plays a major role in the sterile manufacturing of injectable biopharmaceuticals as they are not as stable as aqueous formulations, making it difficult to preserve them for long durations.

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The pharmaceutical and biotechnology companies segment was the largest segment and was valued at USD 3.02 billion in 2018.  Moreover, lyophilization enhances the storage stability of labile biopharmaceuticals. It enables the convenient and long-term preservation of biopharmaceuticals and their safe shipping. In addition,  lyophilization is the most common formulation strategy currently, and it is used in approximately one of every two biopharmaceutical products. Furthermore, the rapidly growing global biopharmaceutical market, the increasing research and development (R&D) of biopharmaceuticals, and the growing number of approvals for biologic products are fueling the demand for lyophilization equipment and services. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Product Analysis

Tray-style freeze dryer

This segment comprises a large rectangular reservoir with shelves, and products can be placed in trays, vials, and other containers on these shelves. In addition, it is essentially used to lyophilize a variety of materials, such as pharmaceutical solutions, tissue extracts, and vaccines for long-term storage. Moreover, this segment is generally larger and more sophisticated than manifold freeze dryers. In addition, the main advantage of tray-style freeze dryers is that they allow products to be frozen in place and perform both primary and secondary freeze-drying, thus producing the driest possible end products. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Manifold freeze dryer

Manifold freeze dryers comprise multiple containers, and the dried product is connected to a condenser by a sort of circular tube. In addition,  it is mainly used in laboratory settings when large amounts of materials need to be dried in a short period of time. Moreover, it is often used as the entry equipment for freeze-drying by researchers who look for an API or processing high-performance liquid chromatography (HPLC) fractions during the initial steps of freeze-drying. Manifold freeze dryers also have several advantages over tray-style freeze dryers. For instance, this segment allows the accommodation of several vessels for drying different products at the same time in vessels of different sizes, with a variety of closure systems. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. One of the main countries that contributes to the lyophilization equipment and services market in North America is the US which is fuelled by the presence of various large-scale pharmaceutical and biotechnology companies. In addition, the number of biopharmaceutical and biosimilar product approvals has exponentially increased in North America in the last five years. Furthermore, there is an increase in the focus on the R&D of genes and other nucleic acid-based products in the US, such as antisense oligonucleotides (ASOs). Moreover. factors such as the advanced healthcare infrastructure of the region and the presence of CMOs with dedicated product lines for lyophilization operations. Hence, such factors are driving the market growth in North America during the forecast period.

COVID Recovery Analysis

In 2020, during the COVID-19 pandemic, the growth of the global lyophilization equipment and services market witnessed a significant slowdown due to the halt in manufacturing operations in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in manufacturing units. Such factors are expected to drive the market during the forecast period.

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Key Lyophilization Equipment and Services 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. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

ATS Automation Tooling Systems Inc: The company offers lyophilization equipment and services such as Lyoscan system.

  • Azbil Corp.
  • Baxter International Inc.
  • Coriolis Pharma Research GmbH
  • Cryotec.Fr
  • GEA Group AG
  • HOF Sonderanlagenbau GmbH
  • Labconco Corp.
  • LaboGene AS
  • Lyophilization Technology Inc.
  • Maquinaria Industrial Dara SL
  • Martin Christ Gefriertrocknungsanlagen GmbH
  • MechaTech Systems Ltd.
  • Millrock Technology Inc.
  • OPTIMA packaging group GmbH
  • Shanghai Tofflon Science and Technology Co. Ltd.
  • Thermo Fisher Scientific Inc.
  • W. L. Gore and Associates Inc.
  • Yamato Scientific Co. Ltd.
  • IMA Industria Macchine Automatiche Spa

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.

Lyophilization Equipment and Services Market: Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. 

Key Lyophilization Equipment and Services Market Drivers

One of the key factors driving the lyophilization equipment and services market growth is the advantages of lyophilization over conventional drying. There has been a significant presence of lyophilization or freeze-drying in the market for over three decades to stabilize various types of chemical components. In addition, it is increasingly being used by pharmaceutical and biotechnology sectors, owing to its potential advantages over conventional drying, which includes crystallization, filtration, and precipitation. 

Moreover, the main advantage of lyophilization over conventional drying is the preservation of the chemical and biological potency and homogeneity of the final products. In addition, it offers the ease of dispensing/metering before the final packaging and protection from solution effects and chemical degradation. Furthermore, it can also increase the speed and completeness of rehydration compared with dry powder fills. Hence, such factors are driving the market growth during the forecast period.

Significant Lyophilization Equipment and Services Market Trends

A key factor shaping the lyophilization equipment and services market growth is the rise in demand for controlled nucleation in lyophilization. The primary trend in the global market is controlled nucleation as nucleation behavior can affect the different steps in the lyophilization processes and product attributes.  In addition, the lack of control of the nucleation temperature can have an adverse effect on product uniformity and can lead to suboptimal lyophilization cycles.

Moreover, the variability in the nucleation temperature can be significantly decreased by controlled nucleation technology. In addition, the controlled nucleation enables uniform ice crystal formation within a vial and between the vials in the same batch at a minimum degree of supercooling. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Major Lyophilization Equipment and Services Market Challenges

High costs associated with lyophilization are one of the key challenges hindering the lyophilization equipment and services market growth. There is an increasing adoption of lyophilization as it is currently an effective method to ensure the durability of many pharmaceutical products. However, it is considered a costly process due to the requirement for high capital investments in technology.

Moreover, the cost of lyophilization is significantly higher than that of conventional drying methods. In addition, it comprises the high costs of equipment purchase, power consumption, and sterilization. Furthermore, the cost of the equipment itself is in the range of USD2-USD3 million, regardless of the use of disposable or reusable stainless-steel trays. Hence, such factors are hindering the market growth during the forecast period.

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Key Lyophilization Equipment and Services Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Lyophilization Equipment and Services Market Customer Landscape

Segment Overview

The lyophilization equipment and services market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook
    • Pharmaceutical and biotechnology companies
    • Other healthcare service providers
  • Product Outlook
    • Tray-style freeze dryer
    • Manifold freeze dryer
    • Rotary freeze dryer
  • Geography Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of the World
      • Australia
      • Argentina
      • Brazil

Lyophilization Equipment and Services Market Scope

Report Coverage

Details

Page number

166

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.92%

Market Growth 2024-2028

USD 2.65 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.45

Regional analysis

North America, Europe, Asia, and the Rest of the World (ROW)

Performing market contribution

North America at 36%

Key countries

US, Germany, UK, France, and Japan

Competitive landscape

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

Key companies profiled

ATS Automation Tooling Systems Inc., Azbil Corp., Baxter International Inc., Coriolis Pharma Research GmbH, Cryotec.Fr, GEA Group AG, HOF Sonderanlagenbau GmbH, Labconco Corp., LaboGene AS, Lyophilization Technology Inc., Maquinaria Industrial Dara SL, Martin Christ Gefriertrocknungsanlagen GmbH, MechaTech Systems Ltd., Millrock Technology Inc., OPTIMA packaging group GmbH, Shanghai Tofflon Science and Technology Co. Ltd., Thermo Fisher Scientific Inc., W. L. Gore and Associates Inc., Yamato Scientific Co. Ltd., and IMA Industria Macchine Automatiche Spa

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, and Market condition analysis for the 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.

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What are the Key Data Covered in this Lyophilization Equipment and Services Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the  lyophilization equipment and services market between 2024 and 2028
  • Precise estimation of the lyophilization equipment and services market size and its contribution to the market in focus on the parent market
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies position and classification
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of lyophilization equipment and services market companies

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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 End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • 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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global lyophilization equipment and services market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global lyophilization equipment and services market 2018 - 2022 ($ million)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
    • 6.4 Other healthcare service providers - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Other healthcare service providers - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Other healthcare service providers - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Other healthcare service providers - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Other healthcare service providers - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ million)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 44: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 46: Chart on Comparison by Product
      • Exhibit 47: Data Table on Comparison by Product
    • 7.3 Tray-style freeze dryer - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Tray-style freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Tray-style freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Tray-style freeze dryer - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Tray-style freeze dryer - Year-over-year growth 2023-2028 (%)
    • 7.4 Manifold freeze dryer - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Manifold freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Manifold freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Manifold freeze dryer - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Manifold freeze dryer - Year-over-year growth 2023-2028 (%)
    • 7.5 Rotary freeze dryer - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Rotary freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Rotary freeze dryer - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Rotary freeze dryer - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Rotary freeze dryer - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 60: Market opportunity by Product ($ million)
      • Exhibit 61: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 Asia - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 9.7 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.8 Germany - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 France - Market size and forecast 2023-2028
      • Exhibit 95: Chart on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on 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 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ATS Automation Tooling Systems Inc.
              • Exhibit 111: ATS Automation Tooling Systems Inc. - Overview
              • Exhibit 112: ATS Automation Tooling Systems Inc. - Product / Service
              • Exhibit 113: ATS Automation Tooling Systems Inc. - Key offerings
            • 12.4 Azbil Corp.
              • Exhibit 114: Azbil Corp. - Overview
              • Exhibit 115: Azbil Corp. - Business segments
              • Exhibit 116: Azbil Corp. - Key news
              • Exhibit 117: Azbil Corp. - Key offerings
              • Exhibit 118: Azbil Corp. - Segment focus
            • 12.5 Baxter International Inc.
              • Exhibit 119: Baxter International Inc. - Overview
              • Exhibit 120: Baxter International Inc. - Business segments
              • Exhibit 121: Baxter International Inc. - Key news
              • Exhibit 122: Baxter International Inc. - Key offerings
              • Exhibit 123: Baxter International Inc. - Segment focus
            • 12.6 Coriolis Pharma Research GmbH
              • Exhibit 124: Coriolis Pharma Research GmbH - Overview
              • Exhibit 125: Coriolis Pharma Research GmbH - Product / Service
              • Exhibit 126: Coriolis Pharma Research GmbH - Key offerings
            • 12.7 Cryotec.Fr
              • Exhibit 127: Cryotec.Fr - Overview
              • Exhibit 128: Cryotec.Fr - Product / Service
              • Exhibit 129: Cryotec.Fr - Key offerings
            • 12.8 GEA Group AG
              • Exhibit 130: GEA Group AG - Overview
              • Exhibit 131: GEA Group AG - Business segments
              • Exhibit 132: GEA Group AG - Key offerings
              • Exhibit 133: GEA Group AG - Segment focus
            • 12.9 HOF Sonderanlagenbau GmbH
              • Exhibit 134: HOF Sonderanlagenbau GmbH - Overview
              • Exhibit 135: HOF Sonderanlagenbau GmbH - Product / Service
              • Exhibit 136: HOF Sonderanlagenbau GmbH - Key offerings
            • 12.10 IMA Industria Macchine Automatiche Spa
              • Exhibit 137: IMA Industria Macchine Automatiche Spa - Overview
              • Exhibit 138: IMA Industria Macchine Automatiche Spa - Product / Service
              • Exhibit 139: IMA Industria Macchine Automatiche Spa - Key offerings
            • 12.11 Labconco Corp.
              • Exhibit 140: Labconco Corp. - Overview
              • Exhibit 141: Labconco Corp. - Product / Service
              • Exhibit 142: Labconco Corp. - Key offerings
            • 12.12 Lyophilization Technology Inc.
              • Exhibit 143: Lyophilization Technology Inc. - Overview
              • Exhibit 144: Lyophilization Technology Inc. - Product / Service
              • Exhibit 145: Lyophilization Technology Inc. - Key offerings
            • 12.13 MechaTech Systems Ltd.
              • Exhibit 146: MechaTech Systems Ltd. - Overview
              • Exhibit 147: MechaTech Systems Ltd. - Product / Service
              • Exhibit 148: MechaTech Systems Ltd. - Key offerings
            • 12.14 Millrock Technology Inc.
              • Exhibit 149: Millrock Technology Inc. - Overview
              • Exhibit 150: Millrock Technology Inc. - Product / Service
              • Exhibit 151: Millrock Technology Inc. - Key offerings
            • 12.15 Shanghai Tofflon Science and Technology Co. Ltd.
              • Exhibit 152: Shanghai Tofflon Science and Technology Co. Ltd. - Overview
              • Exhibit 153: Shanghai Tofflon Science and Technology Co. Ltd. - Product / Service
              • Exhibit 154: Shanghai Tofflon Science and Technology Co. Ltd. - Key offerings
            • 12.16 Thermo Fisher Scientific Inc.
              • Exhibit 155: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 156: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 157: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 158: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 159: Thermo Fisher Scientific Inc. - Segment focus
            • 12.17 W. L. Gore and Associates Inc.
              • Exhibit 160: W. L. Gore and Associates Inc. - Overview
              • Exhibit 161: W. L. Gore and Associates Inc. - Product / Service
              • Exhibit 162: W. L. Gore and Associates Inc. - Key news
              • Exhibit 163: W. L. Gore and Associates Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 164: Inclusions checklist
                • Exhibit 165: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 166: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 167: Research methodology
                • Exhibit 168: Validation techniques employed for market sizing
                • Exhibit 169: Information sources
              • 13.5 List of abbreviations
                • Exhibit 170: 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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              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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