Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The quality of products is the most essential element for the pharma industry as the pharma product directly impacts the consumer's body. In terms of quality, the pharmaceutical industry has detailed guidelines and requirements for which processing equipment manufacturers need to comply with GMP guidelines. Consistency is supreme important during every process in pharmaceutical industries. Pharmaceutical processing and packaging equipment’s help to maintain that consistency and quality. They are used to smoothen processes like leak testing, correct labeling, and accurate quantity filling and provide consistency and high efficiency.
Increasing population and growing awareness pertaining to the diseases drives the growth of the pharmaceutical packaging and processing equipment market throughout the Asia. High spending potential on pharmaceutical products further supports the growth of the market.
The study analyses the Asia Pacific pharmaceutical processing and packaging equipment market based on the technique, type, modality, and geography.
Major techniques of pharmaceutical packaging and process equipment covered in the study are filling and closing, barrier system, bioprocess system, capping, check weighing, inspection, capsule filling, tablet coating and others. Check weighing equipment provides the accurate weighing method, dependable production documentation, quick format change, easy and fast cleaning, and ABS function which reduces the time of processes and increases the efficiency. Capsule filling equipment helps to fill empty soft or hard gelatine capsules of various sizes with powder, granules, semi-solids or liquid substances.
By type, the pharmaceutical packaging and process equipment is bifurcated as liquid, solid and semi-solid packaging. Liquid packaging equipment is sub-segmented into aseptic liquid packaging, syrup packaging, drop packaging, aerosol packaging and solutions packaging. In solid packaging, the equipment is available for tablet packaging, capsule packaging, powder packaging, granule packaging and pellets packaging.
Pharmaceutical process and packaging equipment are available in both ways automated and semi-automated models. The semi-automated segment holds the largest market share in the pharmaceutical processing and packaging equipment. The automated segment is expected to grow rapidly in the future. It can run without a user's intervention and needs a less manual interface. The automated segment gives greater ROI to an organization due to higher throughput.
Geographically, Asia Pacific pharmaceutical processing and packaging equipment market is segmented into China, Japan, India and Rest of APAC. The key factors driving the demand for pharmaceutical processing and packaging equipment’s are growing R&D investments, government initiatives supporting pharmaceutical manufacturing industries, growing awareness amongst the population about healthcare. Asia Pacific holds the largest market share in the global pharmaceutical processing and packaging equipment market and is likely to dominate the market over the estimated time frame.
The key competitors of this market include Sainty International Group, Truking Technology Limited, Duke Technology, Synergon technology, IMA S.P.A, Korber Ag, Uhlmann Group, Romaco holdings, MG2, ACG Group, Marchesini, and Inline filling system among others.
The study analyses the Asia Pacific pharmaceutical processing and packaging equipment market based on the technique, type, modality and geography. Major techniques of pharmaceutical packaging and process equipment covered in the study are filling and closing, barrier system, bioprocess system, capping, check weighing, inspection, capsule filling, tablet coating and others. Check weighing equipment provides the accurate weighing method, dependable production documentation, quick format change, easy and fast cleaning and ABS function. By type, the pharmaceutical packaging and process equipment market is bifurcated into liquid, solid and semi-solid packaging. Pharmaceutical process and packaging equipment are available in both automated and semi-automated models. Geographically, India, China and Japan are the key countries considered.
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