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Pharmaceutical Drying Equipment Market

GEA Group (Germany) and ATS Corporation (US) are Leading Players in the Pharmaceutical Drying Equipment Market

The pharmaceutical drying equipment market is projected to reach USD 8.18 billion by 2029 from USD 5.80 Billion in 2024, at a CAGR 7.1% from 2024 to 2029.

Pharmaceutical drying equipment is used to remove solvents, such as water, from drug formulations through the application of heat. This process ensures the stability and efficacy of the final product by preventing chemical and microbiological deterioration. Common methods include air drying, vacuum drying, freeze-drying, and spray drying. These methods are crucial in both research and large-scale manufacturing to produce dry solid masses or powders, maintaining the quality and safety of active pharmaceutical ingredients (APIs).

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Some of the   prominent players operating in the market include GEA Group (Germany), ATS Corporation (US), Hosokawa Micron Group (Japan), Freund Corporation (Japan), I.M.A. Industria Macchine Automatiche S.p.A. (Italy), Syntegon Technology GmbH (Germany), BUCHI Labortechnik AG (Switzerland), OPTIMA packaging group GmbH (Germany), Mechatech Systems Ltd (Netherland), and BEW Engineering Limited (India).

GEA Group (Germany)

GEA Group is a leading global supplier of systems and components to the food, beverage, and pharmaceutical industries. The company operates across five divisions: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies. Among these , GEA provides a range of specialized products and services. The Liquid & Powder Technologies division includes brewing systems, liquid processing, aseptic and non-aseptic filling and packaging, concentration, fermentation, crystallization, purification, drying, powder handling and packaging. Moreover, the Food & Healthcare Technologies division offers equipment for processing solid dosage forms, including highly potent drugs, freeze-drying technology for liquids, catering to the pharmaceutical drying equipment market.

ATS Corporation (US)

ATS Corporation company involves in specializing in automated manufacturing and assembly system design, development, and maintenance. It also provides a wide range of automation equipment and testing solutions. ATS Corporation's life sciences division is a major area of concentration, offering solutions for chemicals, pharmaceuticals, medical devices, and radiopharmaceuticals. ATS is a prominent player in the pharmaceutical drying equipment market through Scientific Products Inc., a subsidiary company that provides specialized equipment and systems that are designed to meet the demands of the life sciences sector. This business unit enables ATS to provide extremely specialized goods that satisfy the exacting specifications of pharmaceutical production procedures. ATS Corporation operates on a global scale, with 65 manufacturing facilities and over 85 offices across North America, Europe, Southeast Asia, and Oceania.

Hosakawa Micron Group (Japan)

The Hosokawa Micron Group is a prominent supplier of technologies for powder. The company serves a broad spectrum of industries, including paint, fertilizers, food, cosmetics, and medicines. The company specializes in the development, design, production, and marketing of systems and equipment for a range of applications, such as material size reduction, mixing, drying, agglomerating, collecting, feeding, discharging, transporting, and measuring powders. The company operates via two business segments: the powder-related business and the plastic thin film-related business. The powder-related business is the core focus of the company, where they manufacture and sell equipment for crushing, classification, mixing, and drying. Through this segment company caters to pharmaceutical drying equipment market The Hosokawa Micron Group generates revenue across several regions, including Japan, America, Europe, Asia, and others.

Related Reports:

Pharmaceutical Drying Equipment Market by Type (Freeze, Spray, Vacuum, Fluidized Bed), Scale of Operation (Industrial-scale, Pilot-scale, Lab-scale), End User (Pharmaceutical Companies, CDMOs, Research Universities) - Global Forecast to 2029

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Pharmaceutical Drying Equipment Market Size,  Share & Growth Report
Report Code
PH 2704
RI Published ON
10/24/2024
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