Pharmaceutical Processing & Packaging Equipment Market: Global Opportunity Analysis and Industry Forecasts to 2022
Global Pharmaceutical Processing & Packaging Equipment Market is expected to reach USD 25,018.3 million by 2022, supported by a CAGR of 8.5% during the forecast period of 2017 to 2022. The growing use of generic & OTC medication not only increased the demand of pharmaceutical processing & packaging equipment but also improved the production sector of pharma in the era of automation and technology. The global pharmaceutical processing & packaging equipment market is driven by growing aging population, increase in chronic and infectious diseases, increasing growth of pharmaceutical market, growing need to comply with various government regulations, and various technical advancements. However, the growing adoption of refurbished machines is expected to hamper the growth of the market to some extent.
The global pharmaceutical processing & packaging equipment is mainly segmented by different types of processing and packaging equipment. The pharmaceutical processing segment commanded the largest share in 2016, owing to the higher adoption of inspection machines in the pharmaceutical processing for tablets and capsule inspection. The processing equipment market is further segmented by products and mode of administration. Based on products, the market is segmented into milling equipment, vibrio sifter, granulator, dryers, blenders, tablet presses, tablet coating machines, and allied machines. By mode of administration, the market is segmented into oral mode and topical mode. The oral mode of administration segment dominated the overall market in 2016 and is also estimated to continue its dominance over the forecast period, owing to their higher adoption by physicians and patients as a most convenient route of drug administration. The oral mode of administration segment is further classified into tablet processing equipment, capsule processing equipment, and liquid processing equipment. The topical mode of administration is further classified into lotion processing equipment, ointment processing equipment, cream processing equipment, transdermal drug processing equipment, and others.
The packaging equipment market is segmented on the basis of products into primary packaging equipment, secondary packaging equipment, and labeling and serialization equipment. The primary packaging equipment market is further segmented into solid packaging equipment, semi-solid packaging equipment, and liquid packaging equipment. The secondary packaging equipment is further segmented into cartooning equipment, wrapping equipment, case packaging equipment, tray packaging equipment, and others. Pharmaceutical Processing Equipment Market, by Mode of Administration, 2017- 2022
Source: Meticulous Research Analysis
Geographically, the global pharmaceutical processing & packaging equipment market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. These regions are further analysed at a country level with the detailed qualitative and quantitative analysis. North America accounted for the major share in the global pharmaceutical processing & packaging equipment market in 2016, followed by Europe, and Asia-Pacific region. The major share of the North American region is mainly attributed to the increasing growth of ageing population, growing incidence of chronic & infectious diseases, and increasing consumption of generic drugs in this region. Asia-Pacific region is projected to grow at a faster CAGR during the forecast period, due to the growing population especially in India and China, rising awareness about healthcare, improving healthcare system, increasing pharmaceutical manufacturing facilities, and increasing growth of ageing population along with chronic and infectious diseases.
The key players in the global pharmaceutical processing & packaging equipment market are Maquinaria Industrial Dara, SL, Romaco Group, Tecnomaco Italia SRL, Cadmack Machinery Co. Pvt. Ltd., M.A.R. S.P.A. MacchineAutomaticheRiempitrici, ACIC Pharmaceuticals Inc., IDEX CORPORATION,Uhlmann,GroupeBretecheIndustrie, I.M.A IndustriaMacchineAutomatiche S.P.A, Robert Bosch GmBH, GEA Group, Körber AG, Bausch + Ströbel, Optel Group, Jeckson Vision, ACG Worldwide, Brevetti C.E.A. SPA, Sainty International Group (SAINTYCO), Antares Vision S.r.l and Kevin Process Technologies Pvt. Ltd., and Marchesini Group.
Scope of the Report:
Market by Product:
Pharmaceutical Processing Equipment Market, by Type:
Pharmaceutical processing equipment market by product
Tablet coating machines
Pharmaceutical processing equipment market by mode of administration:
Topical mode of administration
Lotion processing equipments
Ointment processing equipments
Cream processing equipments
Transdermal drug processing equipments
Injectable mode of administration
Oral mode of administration
Tablet processing equipments
Capsule processing equipments
Liquid processing equipments
Pharmaceutical Packaging Equipment Market, by Type:
Primary packaging equipment
Solid packaging equipment
Blister packaging equipment
Strip packaging equipment
Alu-alu packaging equipment
Semi solid packaging equipment
Soft tube filling & sealing machines
Sachet packaging equipment
Liquid packaging equipment
Vials & ampoules packaging equipment
Prefilled syringes & cartridges
Bottle filling & capping equipment
Secondary packaging equipments
Case packing equipment
Tray packing equipment
Labelling & serialization equipment
Pharmaceutical Processing & Packaging Equipment Market by Geography:
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
Key questions answered in the report-
Which are the high growth market segments in terms of product, mode of administration, and regions/countries?
What is the historical market for pharmaceutical processing & packaging equipment market across the globe?
What are the market forecasts and estimates from the period 2015-2022?
What are the major drivers, restrains, and trends in the global pharmaceutical processing & packaging equipment market?
Who are the major players in the pharmaceutical processing & packaging equipment market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
What are the competitive landscapes and who are the market leaders by sub-region in the global pharmaceutical processing & packaging equipment market?
What are the recent developments in the global pharmaceutical processing & packaging equipment market?
What are the different strategies adopted by the major players in the global pharmaceutical processing & packaging equipment market?
What are the geographical trends and high growth regions/ countries?
Who are the local emerging players in the global pharmaceutical processing & packaging equipment market and how do they compete with the global players?