Market Research Report
Pharmaceutical Processing and Packaging Equipment - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||951499|
|Published||Content info||197 Pages
Delivery time: 2-3 business days
|Pharmaceutical Processing and Packaging Equipment - Global Market Outlook (2019-2027)|
|Published: July 1, 2020||Content info: 197 Pages||
According to Stratistics MRC, the Global Pharmaceutical Processing and Packaging Equipment Market is accounted for $17.19 billion in 2019 and is expected to reach $26.99 billion by 2027 growing at a CAGR of 5.8% during the forecast period. Some of the key factors propelling the growth of the market are growing geriatric population, technological advancement, and increasing prevalence of chronic diseases. However, growing demand for refurbished products is the restraining factors for the growth of the market.
The equipment used for the processing and packaging of various pharmaceutical products is known as pharmaceutical processing and packaging equipment. It is of high importance as pharmaceutical products should be packaged carefully and efficiently so that physicians and patients can use it conveniently.
By mode of drug delivery, the oral formulations segment is expected to grow at a significant market share during the forecast period due to its ease of administration and patient compliance. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period owing to the availability of skilled resources coupled with the supportive government initiatives.
Some of the key players in Pharmaceutical Processing and Packaging Equipment Market include Robert Bosch Gmbh, Bausch + Strobel, Jeckson Vision, Groupe Breteche Industrie, Maquinaria industrial Dara, Sl, Sainty International Group (Saintyco), I.M.A Industria Macchine Automatiche S.P.A, Acic Pharmaceutical Machinery, ACG Worldwide, M.A.R. S.P.A. Macchine Automatiche Riempitrici, Uhlmann, Cadmach Machinery Co, Kevin Process Technologies, Optel Group, Antares Vision, Brevetti C.E.A. Spa, Gea Group, Idex Corporation, Marchesini Group S.P.A, Korber Ag, Romaco Pharmatechnik Gmbh, and Tecnomaco Italia Srl.
Modes of Drug Delivery Covered:
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.