Pharmaceutical Processing Equipment Market Worth $12.85 Billion by 2029

Pharmaceutical Processing Equipment Market is expected to grow at a CAGR of 4.2% to reach $12.85 billion by 2029.

Meticulous Research®—a leading global market research company—has recently published a comprehensive report titled, “Pharmaceutical Processing Equipment Market by Mode of Delivery (Oral [OSDs {Coating, Milling}, Oral Liquid Dosages {Filtration Units}], Parenterals [SIP, CIP, Process Systems], Topicals [Agitators, Homogenizers, Colloid Mills]) – Global Forecast to 2029.”

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According to Meticulous Research®, the global pharmaceutical processing equipment market is projected to reach $12.85 billion by 2029, growing at a CAGR of 4.2% over the forecast period. This growth is fueled by increasing technological advancements in pharmaceutical manufacturing, growing approvals for orphan drugs, and the expanding adoption of flexible manufacturing technologies. Additionally, new pharmaceutical manufacturing hubs in emerging countries and a robust pipeline of innovative therapies present significant opportunities for market expansion.

Pharmaceutical Processing Equipment Market Overview

The global market for pharmaceutical processing equipment is segmented by delivery mode (oral, parenteral, topical) and geography.

• Oral Formulations: In 2022, oral formulations captured the largest share of the market, driven by the steady expansion of oral solid dosages (OSDs) due to advancements in new solid dose formats and increasing efficacy. This segment is anticipated to grow rapidly over the forecast period, with the demand for oral solid dosages remaining robust across the pharmaceutical landscape. Recently, a significant portion of U.S. FDA-approved drugs are in oral solid form, further driving the segment’s growth.
• Parenteral Formulations: The parenteral segment, subdivided into processing systems such as SVP (Small Volume Parenterals) and LVP (Large Volume Parenterals), continues to hold a strong position in the market. Increased demand for sterile and aseptic processing equipment, including CIP and SIP systems, is propelling growth in this segment.
• Topical Formulations: Equipment for topical formulations includes mixers, homogenizers, colloid mills, and agitators. This segment has seen steady demand driven by the increasing variety of topical applications for medications.

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Regional Insights

The report provides a detailed analysis of the pharmaceutical processing equipment market across key regions:

• North America: Accounting for the largest share in 2022, North America’s market dominance is primarily due to factors such as the reshoring of pharmaceutical manufacturing to ensure stable supply chains, high levels of R&D investments by pharmaceutical companies, and frequent regulatory approvals by the U.S. FDA.
• Asia-Pacific: Expected to grow at the fastest rate, the Asia-Pacific region is rapidly emerging as a pharmaceutical manufacturing hub due to increased investments in healthcare infrastructure, favorable government initiatives, and rising demand for pharmaceutical products across China, Japan, India, and other nations.

Leading Market Players

Key players in the global pharmaceutical processing equipment market include:Cadmach Machinery Company Private Limited (India), GEA GROUP (Germany), Sainty Co. (China), Syntegon Technology GmbH (Germany), Freund Corporation (Japan), ACIC Pharmaceuticals Inc. (Canada), Bausch+Ströbel Maschinenfabrik Ilshofen GmbH + Co. KG (Germany), Fette Compacting GmbH (Germany), IDEX Corporation (U.S.), Kevin Process Technologies Private Limited (India), KIKUSUI SEISAKUSHO LTD. (Japan), KORSCH AG (Germany), MAQUINARIA INDUSTRIAL DARA, SL (Spain), and Marchesini Group S.p.A. (Italy).

• Marchesini Group S.p.A. (Italy)

These players are recognized for their innovations and solutions in pharmaceutical processing equipment, contributing to the market’s global growth and advancements in pharmaceutical manufacturing efficiency.

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