Freeze-Drying Equipment Market Growth Accelerated By Improved Functionalities

 

Freeze-drying equipment are used for drying heat-sensitive materials, foods and biologics by removing water from them after freezing. Freeze dryers are commonly used in pharmaceutical, biotechnology and food processing industries owing to benefits such as long shelf-life and retention of nutrients. They help save valuable materials by removing all moisture through sublimation.

The global Freeze-drying Equipment Market is estimated to be valued at US$ 9.95 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends driving the growth of the freeze drying equipment market is improved functionalities. Manufacturers are focusing on developing technologically advanced equipment with improved performance. For instance, freeze dryers are now available with touchscreen controls and programmable operations for easy use. Sensors and monitoring systems are being integrated for close monitoring of process parameters such as temperature, vacuum and drying cycles. Continuous freeze dryers are also gaining traction as they provide higher yields through continuous loading and unloading of material being dried. Automatic equipment require less human intervention and deliver high throughput. Rising demand for thermostable and heat-sensitive biologic drugs is propelling the manufacturing of freeze dryers with enhanced functionalities.

Segment Analysis

The Global Freeze-Drying Equipment Market Size is dominated by benchtop freeze dryers sub segment. This is because benchtop freeze dryers are compact in size and consumes less space. They are suitable for small to medium scale drying applications in industries like pharmaceutical, biotechnology and food processing. Benchtop freeze dryers can be easily installed in labs for research and development purposes.

Key Takeaways

The global freeze-drying equipment market is expected to witness high growth over the forecast period.

Regional analysis shows that Asia Pacific region is projected to have the fastest CAGR during the forecast period. This can be attributed to growth of pharmaceutical and biotech industries in countries like India and China. Rapid industrialization is leading to demand forFreeze-drying equipment for bulk production across various applications.

Key players operating in the freeze-drying equipment market are Harris Corporation, KeyW Corporation, Septier Communication, Digital Receiver Technology (DRT), Rayzone Group, Rohde & Schwarz, L3Harris Technologies, CellAntenna Corporation, PKI Electronic Intelligence, Shoghi Communications Ltd., Ability Computer & Software, Advanced Tactical Systems (ATS), ESD America, NovoQuad Inc., GSMK CryptoPhone.

 

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