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[English Market Research Report] Global Market for Freeze-Drying/Freeze-Dry Equipment

Global Lyophilization/Freeze Drying Equipment Market

The global market size for freeze-drying/freeze-dry equipment is expected to grow at a CAGR of 8.1% during the forecast period (2022-2029). Freeze-drying or freeze-dry equipment removes water and other solvents from samples, allowing ice to change directly from solid to vapor without passing through the liquid phase. Freeze-drying is achieved in various capacities, from small household freeze dryers (for freeze-drying food) to large production-scale equipment. Laboratory freeze dryers are commonly used in research in biology and environmental fields, as well as in the development of multiple advanced pharmaceuticals.

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[English Market Research Report] Freeze-Drying Equipment and Freeze-Drying Services Market

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The global market size for freeze-drying equipment and freeze-drying services reached 6.5 billion USD in 2023. Going forward, the IMARC Group forecasts a growth rate of 5.62% (CAGR) from 2024 to 2032, predicting it will reach 10.7 billion USD by 2032. The increasing demand for freeze-drying equipment and services in the pharmaceutical industry, recent developments in advanced freeze-drying equipment, and the growing adoption of freeze-drying services are the main factors driving the market.

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