Lyophilization equipment or lyophilizer execute dehydration process that is essential to preserve perishables and make materials more convenient for storage or transport.
Lyophilization Equipment Industry Overview:
Lyophilization equipment or lyophilizer execute dehydration process that is essential to preserve perishables and make materials more convenient for storage or transport. The equipment works by freezing the materials and reducing the surround to allow the ice to sublimate. In pharmaceutical industries, the process is used to increase the shelf-life of antibiotics, protein-based drugs, and vaccines. The largest end-use industry of lyophilization equipment is biopharmaceutical companies that use the equipment to keep APIs and drugs sterile. Thus, the focus toward improving manufacturing practices has increased.
According to Allied Market Research, the global lyophilization equipment market is expected to reach $10.61 billion by 2030, growing at a CAGR of 7.8% from 2021 to 2030. Rise in demand for lyophilized products and preserved food, technological advancements in lyophilization equipment, and surge in production of protein-based drugs, biopharmaceuticals, and injectables have boosted the growth of the market growth.
Impact of COVID-19 Pandemic on Lyophilization Equipment Market (Pre & Post Analysis)
However, in 2020, the outbreak of the COVID-19 pandemic led to have a negative impact on the growth of the lyophilization equipment market, especially in the initial period. The implementation of global lockdown restricted the functioning hours of all endoscopy procedures across the world. In order to maintain the social distancing norms, most of the departments in the hospitals were closed and few of them were opened with limited staff. Nevertheless, the global lyophilization equipment market is going to get back on track with a steady pace, once the lockdown is completely over.
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Top Leading Players:
- Thermo Fisher Scientific
- Azbil Telstar SL (Azbil Corporation)
- GEA Group
- Millrock Technology
- Zirbus Technology GmbH
- Harbour Group Industries (SP Industries)
Recently, SP Scientific Products (SP) launched its SP Hull LyoStar 4.0. The process development freezer dryer is developed to improve the speed to market of biopharmaceutical products including biological drugs. The new device is a result of advancements in freeze dryer engineering and offers superior shelf mapping, unmatched process accuracy and reliability, and rapid shelf freezing. Moreover, it offers cutting-edge suite process analytical technology (PAT) tools. This lyophilization equipment uses eco-friendlier refrigerant gas and helps in reducing the carbon footprint that is commonly involved in lyophilization.
As lyophilization is a vital step in the production of biologics, diagnostics, and vaccines, more and more companies have entered the market and invested heavily in R&D to improve the existing lyophilization equipment. Stabilizing sensitive biological products while maintaining efficacy and quality is one of the prime challenges while designing lyophilization equipment. Thus, companies need to invest in developing more advanced, reliable, scalable lyophilization equipment and lyophilization technologies to support drug development and manufacturing.
With the introduction of new ways of freeze-drying, there are new opportunities on the horizon. For instance, active freeze-drying can be used for a few liters for small-scale and lab-scale production applications as well as bulk drying of hundreds of liters. This way of lyophilization offers rapid drying which is essential for freezing materials for customers in various fields. In fact, the materials from regular insects to pharmaceuticals and exclusive herbs, such new ways of lyophilization have opened new opportunities. Moreover, while PAT tools and quality by design (QbD) are leading the market, the design of lyophilization equipment would soon become the prime focus of the pharmaceutical industry.