The global aseptic pharma processing equipment market is projected to reach $15.86 billion by 2030, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 7.29% during the period 2020-2030.
The comprehensive study of the global aseptic pharma processing equipment market by BIS Research extensively covers the following:
The detailed study is a compilation of 4 Market Data Tables and 150 Figures spread through 188 Pages and in-depth TOC on Global Aseptic Pharma Processing Equipment Market - Analysis and Forecast, 2021-2030.
Besides these parameters, the study also encompasses the market growth drivers, opportunities, market restraining factors, competition mapping, segmental analysis, and a visual dashboard of 1000+ products.
BIS Research study indicates that the growing demand for generic and OTC drugs, rising incidence and prevalence rate of chronic and infectious diseases, and growing product pipeline are the major factors driving the growth of the market.
The study highlights the various emerging opportunities, such as investment opportunities in emerging nations, and collaboration between suppliers and end-users of automated aseptic processing equipment.
The market intelligence by BIS Research additionally throws a spotlight on the key industry trends that have a humungous influence in shaping the industry going forward. Some of these trends include the emergence of robotics and automation among the aseptic pharma processing equipment market, increasing production capacity of pharma manufacturing units to meet the high demands attributed to the COVID-19 pandemic, rising focus on research and developments, and several other key trends.
View the Report from BIS Research at Global Aseptic Pharma Processing Equipment Market
To gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include types of processing equipment, packaging equipment, application, and regions. Each of these segments is further categorized into sub-segments to compile an in-depth study.
The pricing analysis of the equipment segment of the global aseptic pharma processing equipment market includes data analysis on the satisfaction level of different pricing data available for the equipment and systems in different geographies. The study is majorly centered on the sub-segments of the different processing equipment markets, such as drying equipment, extruders, mills, granulation equipment, tablet compression, feeders, fill/finish equipment, mixing equipment, and pneumatic conveying equipment. The aseptic packaging equipment are further categorized into inspection machines, labeling machines, and aseptic packaging machines. The application segment is further divided into ophthalmic suspensions, sterile injectables, reconstituted lyophilized powders for injection, aqueous-based aerosols for inhalation, and others.
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To emphasize the dominance of aseptic pharma processing equipment over the use of conventional terminal sterilization equipment in pharmaceutical manufacturing, Arif Kamal Khan, Senior Research Analyst, BIS Research, states, "The reason for market growth and the dominance of aseptic pharma processing equipment over terminal sterilization equipment can be attributed to the implementation of the revised cGMP guidelines in pharmaceuticals manufacturing, growing demands for novel therapeutics with high efficacy rate, and automation in the pharmaceutical industry with advanced aseptic processing equipment for more efficient and cost-effective bulk production. In addition, the high risk of contamination in conventional processing methods due to the absence of sterile conditions and inefficient packaging of finished products makes aseptic pharma processing the method of choice in production units and boosts the market of aseptic pharma processing equipment market in 2020 and 2030.”