Aseptic Pharma Processing Equipment Market worth USD 7,456.8 million by 2027

The Market Statsville Group (MSG) publishes the new report on the "Aseptic Pharma Processing Equipment Market by Component (Processing Equipment and Packaging Equipment), by Application (Ophthalmic Suspensions, Sterile Injectables, Reconstituted Lyophilized, Powders for Injection, Aqueous-Based, Aerosols for Inhalation, and Others), by Region – Global Share and Forecast to 2027". The global aseptic pharma processing equipment market size is expected to grow USD 7,456.8 million by 2027 from USD 4,543.5 million in 2020, at a CAGR of 7.2% during the forecast period. Increased automation in the aseptic pharma processing equipment is expected to boost efficiency, reduce housekeeping costs, eliminate costly safety and ergonomic issues, and cut down on ingredient expenditures. With the increasing labor cost, manufacturers are trying to find cost-effective ways to meet the growing demand for pharmaceutical manufacturing. Along with technological advancement, customers also expect companies to focus on cost reductions rather than passing on rising costs. For manufacturers, the process of cost reduction requires optimizing plant efficiency with increased automation. These investments in automation have created increased outputs per manhour and lower costs per unit.

Global Aseptic Pharma Processing Equipment Market Segmentation

The overall aseptic pharma processing equipment market has been segmented into component, applications, and regions.

• By Component (Processing Equipment and Packaging Equipment)
• By Application (Ophthalmic Suspensions, Sterile Injectables, Reconstituted Lyophilized, Powders for Injection, Aqueous-Based, Aerosols for Inhalation, and Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Sterile injectables, by application, is estimated to hold the largest market share during the forecast period

Based on application, the global aseptic pharma processing equipment market is segmented into ophthalmic suspensions, sterile injectables, lyophilized powders for injection, and aqueous-based aerosols for inhalation. The sterile injectables held the largest market share of 35.15% in 2020 and are anticipated to observer the highest growth rate in the forecast period. Sterile injectables are the liquids filled in vials or syringes used for the injections. Sterile fill/finish is the process used for the processing and packaging of sterile injectables. While liquid solutions, suspensions, and emulsions are familiar candidates for sterile fill/finish operations, powder fills, and lyophilization (i.e., freeze-drying to preserve and obtain greater stability) are also performed under aseptic conditions.

Each component comprising a drug product needs to be sterilized prior to aseptic fill/finish. This includes active pharmaceutical ingredients (APIs), water for injection (WFI), and any other excipients part of a formulation. Equipment and container systems are also sterilized.

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North America accounts for the largest market share in the aseptic pharma processing equipment market 2020

Based on the regions, the global aseptic pharma processing equipment market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. North America dominated the global aseptic pharma processing equipment market (by region) in 2020. North America held the largest share of 33.04%, followed by Europe with 31.81%. North America is home to widespread technological innovation. Major pharmaceutical companies are adapting the automation trend fast for efficient processing of the drug formulations and maintaining aseptic conditions. Many companies operate in this region as government regulations and programs are supporting their market growth.

North America is home to several aseptic pharma processing equipment manufacturers as well as service providers. In addition, the pharmaceutical giants are also located in the region. Thus, the industry's increasing demand for advanced pharmaceutical equipment and automation to reduce time and labor cost is the primary factor driving the market growth. Extensive investments in sterilization equipment, fill/finish systems, and automatic aseptic packaging equipment manufacturing companies are some of the drivers in North America. The demands for automated aseptic processing equipment have escalated in the U.S. and Canada due to improving healthcare expenditure, reimbursement policies, and higher disposable income levels.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the aseptic pharma processing equipment market. It also consists of the profiles of leading companies such as GEA GA, BOSCH GmbH, Industria Macchine Automatiche S.P.A., AMCOR Limited, BD, SPX Flow, Inc., Weiler Engineering, Inc, Steriline, Du Pont, JBT, Rommelag Kunststoff-Maschinen Vertriebsgesellschaft mbH, Automated Systems of Tacoma (AST), and Greatview Aseptic Packaging Co., Ltd.  

Browse complete report: https://www.marketstatsville.com/aseptic-pharma-processing-equipment-market

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