Recent developments in the personalized pharmaceutical industry have led to the development of sophisticated medical solutions across the globe. The pharmaceutical industry has precise manufacturing guidelines and requirements in terms of quality, for which manufacturing equipment need to comply with good manufacturing practices (GMPs). In order to ensure efficient manufacturing and development of pharmaceutical formulations, key players in the market are focusing on making the process automated.

Improved R&D of new drug molecules and rapid developments in the global pharmaceutical industry are major factors estimated to propel the pharmaceutical manufacturing & processing equipment market. However, the time-consuming process of sterilization, cleaning, and validation of equipment and their parts, particularly during the changeovers, has been a hindrance in achieving the operational efficiency. This factor is expected to restrain the pharmaceutical manufacturing & processing equipment market during the forecast period.

The global pharmaceutical manufacturing & processing equipment market has been segmented based on product, modality, and dosage form. In terms of product, the market has been classified into manufacturing equipment and processing equipment. The manufacturing equipment segment has been sub-divided into tablet-coating machines, milling equipment, tablet press machines, capsule-filling machines, allied machines, and others. Various types of processing equipment are agitators, blowers, coaters, dryers, granulators, metal detectors, sifters, and others. The manufacturing equipment segment held the highest market share in terms of revenue in 2016, owing to their high cost and rising demand for them from developing countries. Based on dosage form, the pharmaceutical manufacturing & processing equipment market has been segmented into solid, semi-solid, and liquid. The solid dosage form segment generated the maximum revenue in 2016 and is expected to continue to remain dominant throughout the forecast period. Rising number of regional players in the pharmaceutical manufacturing industry is projected to propel liquid and semi-solid segments from 2017 to 2025. Based on modality, the pharmaceutical manufacturing & processing equipment market has been divided into automated equipment, semi-automated equipment, and manual equipment. The semi-automated equipment segment accounted for the maximum market share in 2016, which is attributable to high usage of semi-automated equipment for research activities and their application in customized, small batches. On the other hand, the automated equipment segment is expected to register the maximum CAGR during the forecast period, owing to the ability of automated equipment to detect fissures and leakage in containers, rise in the production of generics, and innovations in manufacturing processes.

Geographically, the global pharmaceutical manufacturing & processing equipment market has been divided into five major regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the maximum share in 2016 and the trend is expected to continue during the forecast period. The dominance of North America is attributable to the necessity to combat the incidence of pharmaceutical counterfeiting in the region and key players’ focus on improving the operational efficiency and output. Europe was the second-largest market for pharmaceutical manufacturing & processing equipment in 2016, owing to the progress in drug research in countries of the region. However, increasing pricing pressure and rising local demand in countries of Asia are prompting key players to relocate their production units to emerging markets in Asia Pacific. This factor is expected to boost the market in Asia Pacific during the forecast period.

Prominent players operating in the global pharmaceutical manufacturing & processing equipment market are Cadmack Machinery Co. Pvt. Ltd., Tecnomaco Italia SRL, IDEX CORPORATION, Bausch + Ströbel, Jeckson Vision, Körber AG, Maquinaria Industrial Dara, SL, and Marchesini Group. Incorporating the tailor-made solutions and tools in pharmaceutical manufacturing and processing equipment to cater to customized requirements of manufacturers is a major strategy currently being adopted by key players operating in the market.

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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Pharmaceutical Manufacturing Processing Equipment Market

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