Market Overview:
The global biopharmaceutical equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biopharmaceutical products, technological advancements in the field of biopharmaceuticals, and rising investments by pharmaceutical companies in R&D activities. Based on type, the global biopharmaceutical equipment market is segmented into API equipment, preparation machinery, medicinal crushing machine, herbal medicine processing machinery, pharmaceutical water equipment, pharmaceutical packaging machinery, drug testing equipment and others. API equipment held the largest share of the global market in 2017 owing to its growing demand for manufacturing active pharmaceutical ingredients (APIs). Preparation machinery is expected to grow at a high CAGR during the forecast period as it helps reduce production time and cost associated with drug development process. Based on application type; Pharmaceutical companies held a major share of revenue generated from sales of biopharmaceutical equipments in 2017 followed by research institutes & universities and contract research organizations (CROs).
Product Definition:
Biopharmaceutical equipment is used to produce biopharmaceuticals, which are drugs made from biological sources. These drugs are important because they can be more effective and safer than traditional drugs. The equipment is important because it allows for the production of these valuable drugs.
API Equipment:
Application Programming Interface (API) is a set of communication protocols and tools that aid in the development of software applications. It simplifies application development by eliminating the need for writing complex code. APIs are also used to integrate different applications and modules within a single program with ease.
APIs have become an integral part of life sciences industry, as they help in maintaining data integrity, streamlining workflows & processes, automating tasks & operations.
Preparation Machinery:
Preparation machinery is used to process raw materials such as solvents, buffers, salts and other ingredients required for the manufacturing of biopharmaceuticals. It helps in reducing the overall time taken for processing through various steps involved in drug development such as scale-up and large-scale production.
Application Insights:
The others application segment includes research institutes, clinical laboratories and hospitals. The pharmaceutical company segment dominated the global biopharmaceutical equipment market in 2017. This is attributed to factors such as an increase in R&D activities, number of new molecules developed and a rise in expenditure on drug discovery & development over the past few years.
Increasing investments by companies for discovering new therapeutic areas are expected to boost product demand over the forecast period. For instance, Pfizer Inc., one of America's largest pharmaceutical companies has announced its plan to invest around USD 1 billion annually on Research & Development (R&D) for a decade starting from 2019 through 2030 till 21st century ADF veil outcompetes existing medicines or discovers novel ones that can treat patients with fewer side effects. Such initiatives by major players will further fuel industry growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of biopharmaceutical manufacturers coupled with high R&D investment by these companies is one of the major factors responsible for its continued dominance. In addition, increasing government funding for drug development and favorable reimbursement policies are also expected to drive this regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by leading pharmaceutical companies in this region along with growing healthcare expenditure levels in countries such as China and India. Furthermore, economic development coupled with improving healthcare infrastructure is further expected to boost demand for biopharmaceutical equipment industry over next eight years.
Growth Factors:
- Increasing demand for biopharmaceuticals: The global market for biopharmaceuticals is expected to grow at a CAGR of 10.8% from 2016 to 2021, reaching a value of 2.8 billion by 2021. This growth is primarily attributed to the increasing prevalence of chronic diseases, rising awareness about available treatments, and technological advancements in the field of biopharmaceuticals.
- Growing number of approvals for novel drugs: The number of new drug approvals has been on the rise in recent years, with the FDA approving 46 novel drugs in 2016 as against 23 in 2012. This trend is likely to continue over the next few years as well, resulting in an increase in demand for related equipment and services.
- Rising R&D expenditure by pharmaceutical companies: Pharmaceutical companies are increasingly allocating more funds towards research and development (R&D) activities with a view to developing innovative therapies that can be commercialized globally. As a result, this is likely to lead to an increase in demand for Biopharmaceutical Equipment over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Biopharmaceutical Equipment Market Research Report
By Type
API Equipment, Preparation Machinery, Medicinal Crushing Machine, Herbal Medicine Processing Machinery, Pharmaceutical Water Equipment, Pharmaceutical Packaging Machinery, Drug Testing Equipment, Others
By Application
Pharmaceutical Company, Others
By Companies
GE Healthcare, Siemens, Bosch, Sartorius, Shimadzu, Shinwa, ACG, Tofflon, Bausch+Stroebel, Chinasun, Bohle, Sejong Pharmatech, SK Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Biopharmaceutical Equipment Market Report Segments:
The global Biopharmaceutical Equipment market is segmented on the basis of:
Types
API Equipment, Preparation Machinery, Medicinal Crushing Machine, Herbal Medicine Processing Machinery, Pharmaceutical Water Equipment, Pharmaceutical Packaging Machinery, Drug Testing Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Company, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Siemens
- Bosch
- Sartorius
- Shimadzu
- Shinwa
- ACG
- Tofflon
- Bausch+Stroebel
- Chinasun
- Bohle
- Sejong Pharmatech
- SK Group
Highlights of The Biopharmaceutical Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- API Equipment
- Preparation Machinery
- Medicinal Crushing Machine
- Herbal Medicine Processing Machinery
- Pharmaceutical Water Equipment
- Pharmaceutical Packaging Machinery
- Drug Testing Equipment
- Others
- By Application:
- Pharmaceutical Company
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biopharmaceutical Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biopharmaceutical equipment is used in the production of pharmaceuticals. It includes machines and devices used for the separation, purification, and formulation of drugs.
Some of the major companies in the biopharmaceutical equipment market are GE Healthcare, Siemens, Bosch, Sartorius, Shimadzu, Shinwa, ACG, Tofflon, Bausch+Stroebel, Chinasun, Bohle, Sejong Pharmatech, SK Group.
The biopharmaceutical equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biopharmaceutical Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biopharmaceutical Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biopharmaceutical Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biopharmaceutical Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biopharmaceutical Equipment Market Size & Forecast, 2018-2028
4.5.1 Biopharmaceutical Equipment Market Size and Y-o-Y Growth
4.5.2 Biopharmaceutical Equipment Market Absolute $ Opportunity
Chapter 5 Global Biopharmaceutical Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Biopharmaceutical Equipment Market Size Forecast by Type
5.2.1 API Equipment
5.2.2 Preparation Machinery
5.2.3 Medicinal Crushing Machine
5.2.4 Herbal Medicine Processing Machinery
5.2.5 Pharmaceutical Water Equipment
5.2.6 Pharmaceutical Packaging Machinery
5.2.7 Drug Testing Equipment
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biopharmaceutical Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Biopharmaceutical Equipment Market Size Forecast by Applications
6.2.1 Pharmaceutical Company
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biopharmaceutical Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biopharmaceutical Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Biopharmaceutical Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Biopharmaceutical Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Biopharmaceutical Equipment Market Size Forecast by Type
9.6.1 API Equipment
9.6.2 Preparation Machinery
9.6.3 Medicinal Crushing Machine
9.6.4 Herbal Medicine Processing Machinery
9.6.5 Pharmaceutical Water Equipment
9.6.6 Pharmaceutical Packaging Machinery
9.6.7 Drug Testing Equipment
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Biopharmaceutical Equipment Market Size Forecast by Applications
9.10.1 Pharmaceutical Company
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Biopharmaceutical Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Biopharmaceutical Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Biopharmaceutical Equipment Market Size Forecast by Type
10.6.1 API Equipment
10.6.2 Preparation Machinery
10.6.3 Medicinal Crushing Machine
10.6.4 Herbal Medicine Processing Machinery
10.6.5 Pharmaceutical Water Equipment
10.6.6 Pharmaceutical Packaging Machinery
10.6.7 Drug Testing Equipment
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Biopharmaceutical Equipment Market Size Forecast by Applications
10.10.1 Pharmaceutical Company
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Biopharmaceutical Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biopharmaceutical Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Biopharmaceutical Equipment Market Size Forecast by Type
11.6.1 API Equipment
11.6.2 Preparation Machinery
11.6.3 Medicinal Crushing Machine
11.6.4 Herbal Medicine Processing Machinery
11.6.5 Pharmaceutical Water Equipment
11.6.6 Pharmaceutical Packaging Machinery
11.6.7 Drug Testing Equipment
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Biopharmaceutical Equipment Market Size Forecast by Applications
11.10.1 Pharmaceutical Company
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Biopharmaceutical Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Biopharmaceutical Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Biopharmaceutical Equipment Market Size Forecast by Type
12.6.1 API Equipment
12.6.2 Preparation Machinery
12.6.3 Medicinal Crushing Machine
12.6.4 Herbal Medicine Processing Machinery
12.6.5 Pharmaceutical Water Equipment
12.6.6 Pharmaceutical Packaging Machinery
12.6.7 Drug Testing Equipment
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Biopharmaceutical Equipment Market Size Forecast by Applications
12.10.1 Pharmaceutical Company
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Biopharmaceutical Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biopharmaceutical Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Biopharmaceutical Equipment Market Size Forecast by Type
13.6.1 API Equipment
13.6.2 Preparation Machinery
13.6.3 Medicinal Crushing Machine
13.6.4 Herbal Medicine Processing Machinery
13.6.5 Pharmaceutical Water Equipment
13.6.6 Pharmaceutical Packaging Machinery
13.6.7 Drug Testing Equipment
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Biopharmaceutical Equipment Market Size Forecast by Applications
13.10.1 Pharmaceutical Company
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biopharmaceutical Equipment Market: Competitive Dashboard
14.2 Global Biopharmaceutical Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens
14.3.3 Bosch
14.3.4 Sartorius
14.3.5 Shimadzu
14.3.6 Shinwa
14.3.7 ACG
14.3.8 Tofflon
14.3.9 Bausch+Stroebel
14.3.10 Chinasun
14.3.11 Bohle
14.3.12 Sejong Pharmatech
14.3.13 SK Group
