Lyophilized Injectable Market to Reach Valuation Of US$ 5.7Bn By 2030: Nova one advisor

The global Lyophilized Injectable market is estimated to develop at a compound annual growth rate (CAGR) of 5.1%.

The global Lyophilized Injectable market is estimated to develop at a compound annual growth rate (CAGR) of 5.1%. The global Lyophilized Injectable market size was valued at USD 2.45 billion in 2021, and it is predicted to exceed USD 5.7 billion by 2030. The study investigates several elements and their consequences on the growth of the Lyophilized Injectable market.

Lyophilization is a freeze-drying process used for the removal of water from the final product. In lyophilization, the output product is frozen under high vacuum. Lyophilization is used in the biotechnological and pharmaceutical manufacturing industries for the production of good quality products with expanded lifespan. Presently, lyophilized injection dosage form is extensively used to improve bioavailability, stability, solubility, and patient compliance. Lyophilized injection is considered an alternative to oral solid dosage forms for better patient compliance, especially in bedridden patients and for attaining maximum bioavailability and improved stability.

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Lyophilized Injectable Market: Overview

  • Lyophilization is the most commonly used method for the manufacturing of parenteral pharmaceutical products, when the product is unstable in aqueous solution. It is central to the protection of materials, which require low moisture content (less than 1%) in order to ensure stability and require a sterile and gentle preservation process.
  • Improved quality and shelf life of lyophilized drugs has attracted industry experts to implement lyophilization in their manufacturing processes. Contract research and manufacturing organizations have increased the use of lyophilized injectable drugs to provide quality products to customers. Therefore, rapidly growing contract research manufacturing services (CRAMS) is projected to drive the global lyophilized injectable market.
  • Lyophilized injectable drugs are stable at ambient temperatures and only require simple rehydration to be ready to use. This removes many sources of pipetting errors, while streamlining and simplifying workflows.
  • Elimination of the cold chain minimizes costs and carbon footprint, and provides a positive environmental impact by minimizing the need of expanded polystyrene (EPS or ‘Styrofoam’) containers often utilized to ship temperature-controlled products
  • Lyophilized products are considered safe for use, while delivering the desired functionality compared to non-lyophilized products. Moreover, lyophilization helps retain the biological and chemical activity of the chemical compound in the final product. This drives the demand for lyophilized injectable drugs in the pharmaceutical and biotechnology industries.

Report Scope of the Lyophilized Injectable Market

Report Coverage

Details

Market Size

US$ 5.7 Billion by 2030

Growth Rate

CAGR of 5.1% from 2021 to 2030

Base Year

2021

Forecast Period

2021 to 2030

 

Expansion of Pipeline of Lyophilized Injectable Drugs to Drive Global Market

The continuous research & development to develop innovative drugs for the treatment of chronic diseases has propelled the development of lyophilized injectable drugs in the pharmaceutical industry. Product innovation and acquisition provide key players with the opportunities to penetrate a new therapeutic area/market. About 2,400 injectable products are presently in the development pipeline. This is expected to augment the global lyophilized injectable market.

Development of Alternative Methods to Hamper Market Growth

Lyophilization of injectable drugs is an expensive process. Hence, manufacturers strive to develop alternative drying methods to increase the shelf life of products, which can prove economical. However, such alternative processes need improvement in terms of retaining stability and biological or chemical activity of the substance. Roche has developed a precipitation method as an alternative to lyophilization for the production of peptides, which enabled the company to reduce production costs, and deliver an effective, quality, and affordable product to customers. The advent of alternative methods during the forecast period is likely to hamper the growth of the global lyophilized injectable market.

Market Segmentation

  • In terms of type of packaging, the global lyophilized injectable market has been classified into single-use vials, point-of-care reconstitution, and specialty packaging
  • Based on type of delivery, the global lyophilized injectable market has been categorized into prefilled diluent syringes, proprietary reconstitution devices, single-step devices, and multi-step devices
  • In terms of indication, the global lyophilized injectable market has been segregated into autoimmune diseases, metabolic conditions, infectious diseases, and others
  • Based on end user, the global lyophilized injectable market has been divided into hospitals, specialty clinics, ambulatory surgical centers, and others
  • Each of the segments has been analyzed in detail for trends, recent trends & developments, drivers, restraints, opportunities, and useful insights. The lyophilized injectable market report provides current and future revenue (US$ Mn) for each of these segments for the period from 2017 to 2030, considering 2020 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2022 to 2030, along with market size estimations.

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Some of the prominent players in the Lyophilized Injectable market include:

  • B. Braun Melsungen AG
  • Baxter International, Inc.
  • BD
  • Schott AG
  • Aristopharma Ltd.
  • Vetter Pharma
  • Jubilant HollisterStier LLC
  • among others

Segments Covered in the Report

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:

Global Lyophilized Injectable Market: Segmentation

  • Lyophilized Injectable Market, by Type of Packaging
    • Single-use Vials
    • Point-of-care Reconstitution
    • Specialty Packaging
  • Lyophilized Injectable Market, by Type of Delivery
    • Prefilled Diluent Syringes
    • Proprietary Reconstitution Devices
    • Single-step Devices
    • Multi-step Devices
  • Lyophilized Injectable Market, by Indication
    • Autoimmune Diseases
    • Metabolic Conditions
    • Infectious Diseases
    • Others
  • Lyophilized Injectable Market, by End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
    • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

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Key Questions Answered in Lyophilized Injectable Market Report

What will be the sales/revenue generated by Lyophilized Injectable across all regions during the forecast period?

What are the opportunities in the global Lyophilized Injectable market?

What are the major drivers, restraints, opportunities, and threats in the market?

Which regional market is set to expand at the fastest CAGR during the forecast period?

Which application is expected to generate the highest revenue globally in 2030? Which segment is projected to expand at the highest CAGR during the forecast period?

What is the market position of different companies operating in the global market?

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