Lyophilization Services Market to Grow at 9.5% CAGR through 2027, Forecasts Roots Analysis in Its New Report Published at MarketPublishers.com25 May 2017 • by Natalie Aster
LONDON – Globally, more than 80 enterprises, with a wide spectrum of offerings and broad scale of operations, are offering lyophilization services for biopharmaceuticals. The lion’s share of these companies (over 80%) inhabits the North American and European regional markets. However, a number of companies has also appeared in the APAC region.
Today, the lyophilization services are provided for a great number of various biopharmaceuticals, comprising proteins, antibodies, vaccines, peptides, ADCs and nucleic acids, amid others.
Over 70 companies active in the global marketplace lay special emphasis on two crucial methods for generating a lyophilized formulation of the product. These methods include development and optimization of the lyophilization cycle. Nowadays, North America is a hub for the majority of such companies (about 47%), and nearly 40% are based in the European region.
In the foreseeable future, growth of the lyophilization services for biopharmaceuticals market is predicted to be spurred by such factors as surging focus on biological therapies, technological advances and innovations in the field and introduction of a great number of biosimilars.
The world’s lyophilization services for biopharmaceuticals market is expected to demonstrate growth at a CAGR of more than 9% during 2017-2027. North America and Europe are likely to keep on dominating the marketplace in the nearest future.
In-demand research report “Lyophilization Services for Biopharmaceuticals, 2017-2027” prepared by Roots Analysis provides a deep analysis of the marketplace on a global scale. This topical research study offers an extensive overview of the current situation in the marketplace and reviews activities and initiatives of companies that are engaged in the provision of lyophilization services for biopharmaceuticals. The report traces light on the key regional markets, identifies the most promising markets and discusses the hottest issues. Moreover, the report examines the market competitive landscape and pressures, and present future forecasts for the marketplace for the period 2017-2027.
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