Pharmaceutical Equipment Market - Growth, Trends And Forecast (2022-2027) By Types, By Application, By Regions and By Key Players - GE Healthcare, Siemens, Bosch, Sartorius

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Pharmaceutical Equipment Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.5% during the review period (2022 to 2027).

 Pharmaceutical Equipment Market Overview

The global pharmaceutical market is expected to witness healthy growth in the coming years owing to rising healthcare spending, the introduction of novel drugs, and the increasing prevalence of chronic diseases. A large number of blockbuster drugs have also lost their patents in recent years, with more to follow in the coming years. This will enable the entry of low-cost generic counterparts in the market, which are likely to boost the volume of drugs sold. By the end of 2018, when patents for a number of prescription products expired in the mature markets such as the US and the UK, the overall sales of these drugs were likely to be abridged by more than USD 100 billion. However, in actual terms, the sales volume increased, driven by the growth in the sales of their generic & biopharmaceutical counterparts. This growth in production volume is expected to drive the packaging equipment market for generic drug manufacturing, especially in countries with low-cost manufacturing facilities across Latin America and the Asia Pacific.

Power Station is the key application of Healthcare IT, which held 4/5 of the market in 2019.

Above than 1MW took about half of the market in 2019, which is the largest of all the types.

Industry News:

GE Healthcare and Humber River Hospital launch first in North America Managed Equipment Service solution

Humber River Hospital (HRH) and GE Healthcare are pleased to announce that the first Managed Equipment Service (MES) solution in North America has officially gone live. Under this 15 year agreement, GE Healthcare will manage the ongoing acquisition, installation and replacement for most of the medical technology for HRH and provide technology maintenance services for the life of the agreement in HRH's Diagnostic Imaging, Surgical, Cardiology and Emergency Departments. The initial procurement of $50M in equipment from 25 suppliers is now in operation at the new site, which opened on October 1 2015.

What are the major Applications, Types and Regions for Pharmaceutical Equipment Market?

By Type, it is segmented into

• Pharmaceutical Company


• Others


• others

• By Applications


• API Equipment


• Preparation Machinery


• Medicinal Crushing Machine


• Herbal Medicine Processing Machinery


• Pharmaceutical Water Equipment


• Pharmaceutical Packaging Machinery


• Drug Testing Equipment


• Others 


• Others

Pharmaceutical Equipment Market Regional Analysis

Asia Pacific is expected to be the fastest growing market over the forecast period, owing to the expertise of Asia Pacific countries such as China, India, and Japan in adopting new packaging technology in order to scale up the business operations. These countries offer vibrant business platform for start-up companies, R&D centers, and major pharmaceutical companies to deliver cutting edge technology solutions and service provider ecosystem in pharmaceutical packaging. This creates favorable environment for initiation of pharmaceutical packaging equipment players in the future.        

All these factors greatly affect the Pharmaceutical Equipment Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Pharmaceutical Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Pharmaceutical Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Pharmaceutical Equipment Market report scope?

Key Takeaways from this Healthcare IT Report

• Evaluate Pharmaceutical Equipment Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Pharmaceutical Equipment Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Pharmaceutical Equipment Market is studied from 2017 - 2027.

What is the growth rate of Pharmaceutical Equipment Market?

The Pharmaceutical Equipment Market is growing at a CAGR of 4.5% over the next 5 years.

Who are the key players in Pharmaceutical Equipment Market?

GE Healthcare, Siemens, Bosch, Sartorius, Shimadzu, Shinwa, ACG, Tofflon, Bausch+Stroebel, GEA, Truking, Chinasun, Bohle, Sejong Pharmatech, SK Group

What region does this Pharmaceutical Equipment Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Pharmaceutical Equipment Market?

Pharmaceutical Company, Others,Others

What are the major Applications of Pharmaceutical Equipment Market?

API Equipment, Preparation Machinery, Medicinal Crushing Machine, Herbal Medicine Processing Machinery, Pharmaceutical Water Equipment, Pharmaceutical Packaging Machinery, Drug Testing Equipment, Others Others