North America pharmaceutical processing equipment market is expected to reach USD 14,302.23 million by 2031, from USD 7,601.90 million in 2023 growing at the CAGR of 8.52% in the forecast period of 2024 to 2031.
Market Segmentation
North America Pharmaceutical Processing Equipment Market, By Equipment (Mixers, Blenders, Granulators, Pumps, Heat Exchanges, and Others), Dosage Type (Solid Dosage Processing Equipment, Liquid Dosage Processing Equipment, and Semi-Solid Dosage Equipment), Processing Type (Upstream Processing and Downstream Processing), Application (Mixing & Blending, Granulation, Drying, Tablet Compression, Capsule Filling, and Others), End User (Pharmaceutical & Biopharmaceutical Companies, Contract research Organization, R&D Laboratories, and Others), Distribution Channel (Direct Tender, Retail Sales, and Others), Country (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2031
Overview of North America Pharmaceutical Processing Equipment Market Dynamics
- Drivers
- Increasing demand for pharmaceutical products
- Growing demand for high containment equipment
- Rising innovations in material science
- Increasing focus on quality by design (QbD)
- Restraints
- Supply chain disruptions
- Complexity of equipment validation
- Maintenance and operational costs
- Opportunities
- Integration of advanced manufacturing technologies
- Digitalization and data analytics in processing and production
- Paradigm towards single use technologies
- Challenges
- Shortage of skilled labor in pharmaceutical processing
- Intense competition from global manufacturers in processing
Market Players
The key market players for global pharmaceutical processing equipment market are listed below:
- Thermo Fisher Scientific Inc.
- ALFA LAVAL
- GEA Group Aktiengsellschaft
- SPX FLOW, Inc.
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A
- ACG
- Syntegon Technology GmbH
- Paul Mueller Company
- FREUND Corp.
- Gansons
- Alexanderwerk AG
- B&P Littleford
- Chamunda Pharma Machinery
- Prism Pharma Machinery
- SaintyCo
- Nicomac Srl
- United Pharmatek USA
- ADINATH INTERNATIONAL
- NU PHARMA ENGINEERS & CONSULTANT
- Senieer