Lyophilization Equipment Market, by Product Type (Tray-style Freeze Dryers, Manifold Freeze Dryers, Rotary Freeze Dryers, and Others), Application Type (Food Processing and Packaging, Pharmaceutical and Biotech Manufacturing, Others), and  Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]).

The lyophilization equipment market was estimated at US$ 5.23 billion in 2021 and is expected to grow at a CAGR of 8.3% during 2022-2028 to reach US$ 10.9 billion by 2028.

Lyophilizer machinery and equipment have recently been in high demand. The increased emphasis on the creation of biopharmaceuticals, notably protein-based therapies, is driving pharmaceutical companies to produce novel products using lyophilization.

The formulation and storage of biologics in aqueous solutions results in instability. Lyophilization can help with long-term stability. Lyophilization is a complicated and multistep process that necessitates a thorough grasp of both the product and the process-related qualities in order to ensure improved operational efficiency and consistency in creating acceptable final products.

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