The global aseptic pharma processing equipment market size was US$ 5.1 billion in 2021. The global aseptic pharma processing equipment market is forecast to grow to US$ 9.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2022 to 2030.
Factors Influencing the Market
Pharmaceutical product manufacturing requires high standards of safety to ensure the strength of the active ingredients, purity, and quality. These standards ensure that finished products are safe for the patients. As a result of these factors, the demand for aseptic pharmaceutical processing equipment is expected to rise.
Aseptic processing must be improved in order to achieve product quality, affordability, product availability, and patient health. Thus, it will offer ample growth opportunities for the global aseptic pharma processing equipment market.
The growing pharmaceutical industry and rising deployment of new technology will benefit the global aseptic pharma processing equipment market.
The rising demand for novel drugs and increasing spending in the pharmaceutical segment will benefit the global aseptic pharma processing equipment market.
COVID-19 Impact Analysis
The COVID-19 pandemic positively impacted the global aseptic pharma processing equipment market. Manufacturers all across the world witnessed support from the local governments. However, the manufacturing process slowed down during the initial phase of the pandemic due to the unavailability of raw materials. The COVID-19 scenario has had an impact on the production of systems and consumables used in aseptic pharma processing equipment processes. The majority of the companies concentrated on the development and approval of coronavirus testing kits, rapid detection assays, drugs, and vaccines. Thus, the sudden burden on the medical and pharmaceuticals segment has been beneficial for the global aseptic pharma processing equipment market.
Regional Analysis
Asia-Pacific is one of the most appealing markets for the aseptic pharma processing equipment industry. Significant factors driving the growth of the Asia-Pacific aseptic pharma processing equipment market include growing technological advancements, increasing investment in R&D, and the availability of low-cost laborers in the region. As a result, it will encourage more investors to establish manufacturing units in the region. The region is also home to some of the world's most developed nations, including Japan, Australia, Hong Kong, and South Korea, among others. The growing population and investments by the government bodies will benefit the regional aseptic pharma processing equipment market.
Competitors in the Market
GEA GA
AMCOR Limited
BOSCH GmbH
Industria Macchine Automatiche S.P.A.
SPX Flow, Inc.
Du Pont
Rommelag Kunststoff-Maschinen Vertriebsgesellschaft mbH
Weiler Engineering, Inc
Steriline
Automated Systems of Tacoma (AST)
Greatview Aseptic Packaging Co., Ltd.
Other Prominent Players
Market Segmentation
The global aseptic pharma processing equipment market segmentation focuses on Component, Application, and Region.
By Component Outlook
Processing Equipment
Packaging Equipment
By Application Outlook
Ophthalmic Suspensions
Sterile Injectables
Reconstituted Lyophilized
Powders for Injection
Aqueous-Based
Aerosols for Inhalation
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America