Global Lyophilization Equipment and Services Market 2024-2028

The lyophilization equipment and services market is forecasted to grow by USD 2657.7 mn during 2023-2028, accelerating at a CAGR of 7.92% during the forecast period. The report on the lyophilization equipment and services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advances in lyophilization, advantages of lyophilization over conventional drying, and rising demand for biobanks.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.45%
CAGR	7.92%
Incremental Value	$2657.7mn

Technavio's lyophilization equipment and services market is segmented as below:

By End-user

Pharmaceutical and biotechnology companies
Other healthcare service providers

By Product

Tray-style freeze dryer
Manifold freeze dryer
Rotary freeze dryer

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the emergence of computer modeling and new software for lyophilization process as one of the prime reasons driving the lyophilization equipment and services market growth during the next few years. Also, initiatives for training and increasing awareness of lyophilization and rise in demand for controlled nucleation in lyophilization will lead to sizable demand in the market.

The report on the lyophilization equipment and services market covers the following areas:

Lyophilization equipment and services market sizing
Lyophilization equipment and services market forecast
Lyophilization equipment and services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lyophilization equipment and services market vendors that include ATS Automation Tooling Systems Inc., Azbil Corp., Baxter International Inc., Coriolis Pharma Research GmbH, Cryotec.Fr, GEA Group AG, HOF Sonderanlagenbau GmbH, Labconco Corp., LaboGene AS, Lyophilization Technology Inc., Maquinaria Industrial Dara SL, Martin Christ Gefriertrocknungsanlagen GmbH, MechaTech Systems Ltd., Millrock Technology Inc., OPTIMA packaging group GmbH, Shanghai Tofflon Science and Technology Co. Ltd., Thermo Fisher Scientific Inc., W. L. Gore and Associates Inc., Yamato Scientific Co. Ltd., and IMA Industria Macchine Automatiche Spa. Also, the lyophilization equipment and services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73552

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global lyophilization equipment and services market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global lyophilization equipment and services market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028
Exhibit 34: Chart on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
6.4 Other healthcare service providers - Market size and forecast 2023-2028
Exhibit 38: Chart on Other healthcare service providers - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Other healthcare service providers - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Other healthcare service providers - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Other healthcare service providers - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ million)
Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Tray-style freeze dryer - Market size and forecast 2023-2028
Exhibit 48: Chart on Tray-style freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Tray-style freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Tray-style freeze dryer - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Tray-style freeze dryer - Year-over-year growth 2023-2028 (%)
7.4 Manifold freeze dryer - Market size and forecast 2023-2028
Exhibit 52: Chart on Manifold freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Manifold freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Manifold freeze dryer - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Manifold freeze dryer - Year-over-year growth 2023-2028 (%)
7.5 Rotary freeze dryer - Market size and forecast 2023-2028
Exhibit 56: Chart on Rotary freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Rotary freeze dryer - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Rotary freeze dryer - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Rotary freeze dryer - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Exhibit 60: Market opportunity by Product ($ million)
Exhibit 61: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 Germany - Market size and forecast 2023-2028
Exhibit 87: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 France - Market size and forecast 2023-2028
Exhibit 95: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on France - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 ATS Automation Tooling Systems Inc.
Exhibit 111: ATS Automation Tooling Systems Inc. - Overview
Exhibit 112: ATS Automation Tooling Systems Inc. - Product / Service
Exhibit 113: ATS Automation Tooling Systems Inc. - Key offerings
12.4 Azbil Corp.
Exhibit 114: Azbil Corp. - Overview
Exhibit 115: Azbil Corp. - Business segments
Exhibit 116: Azbil Corp. - Key news
Exhibit 117: Azbil Corp. - Key offerings
Exhibit 118: Azbil Corp. - Segment focus
12.5 Baxter International Inc.
Exhibit 119: Baxter International Inc. - Overview
Exhibit 120: Baxter International Inc. - Business segments
Exhibit 121: Baxter International Inc. - Key news
Exhibit 122: Baxter International Inc. - Key offerings
Exhibit 123: Baxter International Inc. - Segment focus
12.6 Coriolis Pharma Research GmbH
Exhibit 124: Coriolis Pharma Research GmbH - Overview
Exhibit 125: Coriolis Pharma Research GmbH - Product / Service
Exhibit 126: Coriolis Pharma Research GmbH - Key offerings
12.7 Cryotec.Fr
Exhibit 127: Cryotec.Fr - Overview
Exhibit 128: Cryotec.Fr - Product / Service
Exhibit 129: Cryotec.Fr - Key offerings
12.8 GEA Group AG
Exhibit 130: GEA Group AG - Overview
Exhibit 131: GEA Group AG - Business segments
Exhibit 132: GEA Group AG - Key offerings
Exhibit 133: GEA Group AG - Segment focus
12.9 HOF Sonderanlagenbau GmbH
Exhibit 134: HOF Sonderanlagenbau GmbH - Overview
Exhibit 135: HOF Sonderanlagenbau GmbH - Product / Service
Exhibit 136: HOF Sonderanlagenbau GmbH - Key offerings
12.10 IMA Industria Macchine Automatiche Spa
Exhibit 137: IMA Industria Macchine Automatiche Spa - Overview
Exhibit 138: IMA Industria Macchine Automatiche Spa - Product / Service
Exhibit 139: IMA Industria Macchine Automatiche Spa - Key offerings
12.11 Labconco Corp.
Exhibit 140: Labconco Corp. - Overview
Exhibit 141: Labconco Corp. - Product / Service
Exhibit 142: Labconco Corp. - Key offerings
12.12 Lyophilization Technology Inc.
Exhibit 143: Lyophilization Technology Inc. - Overview
Exhibit 144: Lyophilization Technology Inc. - Product / Service
Exhibit 145: Lyophilization Technology Inc. - Key offerings
12.13 MechaTech Systems Ltd.
Exhibit 146: MechaTech Systems Ltd. - Overview
Exhibit 147: MechaTech Systems Ltd. - Product / Service
Exhibit 148: MechaTech Systems Ltd. - Key offerings
12.14 Millrock Technology Inc.
Exhibit 149: Millrock Technology Inc. - Overview
Exhibit 150: Millrock Technology Inc. - Product / Service
Exhibit 151: Millrock Technology Inc. - Key offerings
12.15 Shanghai Tofflon Science and Technology Co. Ltd.
Exhibit 152: Shanghai Tofflon Science and Technology Co. Ltd. - Overview
Exhibit 153: Shanghai Tofflon Science and Technology Co. Ltd. - Product / Service
Exhibit 154: Shanghai Tofflon Science and Technology Co. Ltd. - Key offerings
12.16 Thermo Fisher Scientific Inc.
Exhibit 155: Thermo Fisher Scientific Inc. - Overview
Exhibit 156: Thermo Fisher Scientific Inc. - Business segments
Exhibit 157: Thermo Fisher Scientific Inc. - Key news
Exhibit 158: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 159: Thermo Fisher Scientific Inc. - Segment focus
12.17 W. L. Gore and Associates Inc.
Exhibit 160: W. L. Gore and Associates Inc. - Overview
Exhibit 161: W. L. Gore and Associates Inc. - Product / Service
Exhibit 162: W. L. Gore and Associates Inc. - Key news
Exhibit 163: W. L. Gore and Associates Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 166: Currency conversion rates for US$
13.4 Research methodology
Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources
13.5 List of abbreviations
Exhibit 170: List of abbreviations