Global Pharmaceutical Granulation Equipment Market: Overview

Granulation is the process of binding small particles into larger permanent masses, in which the original particles can still be identified. The process is intended to improve manufacturing processes by increasing flow of the material from the hopper during compression of the tablets, improving packaging of the dry suspension granules in the final containers, and creating surface for coating of drugs in sustained and extended release dosage forms. Two types of granulation processes such as dry granulation or wet granulation are carried out depending upon stability of the drug with water molecules. Demand for pharmaceutical granulation equipment is expected to be driven by increase in research and production related to solid dosage forms across the world.

Global Pharmaceutical Granulation Equipment Market: Drivers and Restraints

Increase in number of research laboratories, rise in R&D spending, and growing demand for advanced pharmaceutical drugs are the factors expected to boost the growth of the global pharmaceutical granulation equipment market. Moreover, technological advancements in the form of automation of granulation process, digital touchscreens, and increased production efficiency with reduced manpower are anticipated to fuel the growth of the global pharmaceutical granulation equipment market during the forecast period. However, high cost of equipment is likely to hamper the growth of the global pharmaceutical granulation equipment market.

Global Pharmaceutical Granulation Equipment Market: Key Segments

The global pharmaceutical granulation equipment market can be segmented based on product type, application, end-user, and region. In terms of product type, the global market can be bifurcated into rapid mixer granulator and fluidized bed granulator. The rapid mixer granulator segment is expected to dominate the global pharmaceutical granulation equipment market owing to ease of installation, easy operational procedure, and availability in various sizes useful for research, pilot scale, and production purpose. The fluidized bed granulator segment is expected to grow at a rapid pace during the forecast period owing to improved characteristics of the granules produced by this equipment and modification of the equipment in the form of attached dryer which reduces the processing time. Based on application, the global pharmaceutical granulation equipment market can be classified into laboratory experiments, pilot batches scaling, and commercial scale manufacturing. In terms of end-user, the global market can be categorized into pharmaceutical research laboratories, pharmaceutical production plants, contract research & manufacturing organizations, and academic and research institutes. The pharmaceutical production plants segment is anticipated to account for major share of the global pharmaceutical granulation equipment market during the forecast period.

Geographically, the global pharmaceutical granulation equipment market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the global pharmaceutical granulation equipment market. Rise in incidence of chronic diseases, increase in adoption of tablet, capsule, and dry powder dosage forms, surge in research in novel drug delivery systems are expected to drive the pharmaceutical granulation equipment market in the region. Europe is expected to be the second largest pharmaceutical granulation equipment market owing to presence of large number of pharmaceutical research and production facilities, increase in demand for high quality products, and stringent regulations controlling the quality of dosage forms. Asia Pacific is expected to be the most lucrative pharmaceutical granulation equipment market owing to increased outsourcing of research activities by leading players in the developed markets because of availability of skilled labor and low cost of research and manufacturing in countries such as China and India.

Global Pharmaceutical Granulation Equipment Market: Key Players

Key players operating in the global pharmaceutical granulation equipment market include Nicomac Srl, Alexanderwerk AG, Karnavati Engineering Limited, Robert Bosch Packaging Technology GmbH, L.B. Bohle, Compression Components & Service, LLC, Fluid Air Systems, Romaco Group, and Vanguard Pharmaceutical Machinery.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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