Global Wet Granulation Equipment Market, By Product Type (Rapid Mixer Granulator, Fluidized Bed Granulator, Others), Application (Laboratory Experiments, Pilot Batches Scaling, Commercial Scale Manufacturing, Others), End-Users (Pharmaceutical Research Laboratories, Pharmaceutical Production Plants, Contract Research and Manufacturing Organizations, Academic and Research Institutes, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
In recent years, the wet granulation equipment market is anticipated to proliferate during the forecast period. Granulation improves the flow characteristics of powdered active substances, making compression easier during tablet production. It also prevents the powdered material from segregating. There are two types of granulation: wet granulation and dry granulation. The process chosen is determined on the powder's properties and the goal of tablet production. It refers to the procedure of enlarging pharmaceutical substances to prevent constituent segregation in the powder mix. Granulation is a process that is often used to make oral medication formulations including tablets, pills, and capsules.
Data Bridge Market Research analyses that the wet granulation equipment market was valued at USD 3,867.75 million in 2021 and is expected to reach USD 6,211.29 million by 2029, registering a CAGR of 6.10% during the forecast period of 2022 to 2029. The rapid mixer granulator segment by product type is anticipated to hold the largest market share due to its ease of installation, simple operational process, and availability in various sizes suitable for research, pilot scale, and production. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
The process of binding powder materials together with a liquid and adhesive material is known as wet granulation. Preparing material for granulation, soaking the powder/adding granulation solution, agglomeration process, and drying process are all part of the wet granulation process. Some of the benefits include improved material flow qualities, reduced air pollution, improved material compression and densification characteristics, and the ease of generating a homogeneous combination.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Rapid Mixer Granulator, Fluidized Bed Granulator, Others), Application (Laboratory Experiments, Pilot Batches Scaling, Commercial Scale Manufacturing, Others), End-Users (Pharmaceutical Research Laboratories, Pharmaceutical Production Plants, Contract Research and Manufacturing Organizations, Academic and Research Institutes, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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SaintyCo. (China), Nicomac Srl (Italy), Alexanderwerk AG (Germany), Romaco Group (Germany), Fluid Air Systems (India), Vanguard Pharmaceutical Machinery (US), L.B. Bohle (India), Karnavati Engineering (India), CCS GROUP (US), Syntegon Technology GmbH (Germany), FREWITT SWITZERLAND (Switzerland), LINXIS Group (France), Anchor Mark Pvt Ltd. (India), DIOSNA Dierks & Söhne GmbH. (Germany), Spraying Systems Co. (US), GEBRÜDER LÖDIGE MASCHINENBAU GMBH (Germany), Glatt GmbH (Germany), GEA Group Aktiengesellschaft (Germany), ERWEKA GmbH (Germany), Senieer (China)
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Market Opportunities
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Wet Granulation Equipment Market Dynamics
Drivers
- Increasing prevalence of chronic diseases
The surging prevalence of chronic diseases across the globe is estimated to enhance the market's growth. Along with this, the increasing adoption rate of capsule, tablet and dry powder dosage forms will fuel market expansion during the forecast period of 2022-2029.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of wet granulation equipment market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aim to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics. The rise in the level of investment for research activities will enhance the markets growth rate.
Furthermore, rising initiatives by public and private organizations to spread awareness and surging production efficiency with reduced workforce will expand the wet granulation equipment market. Additionally, increase in research in novel drug delivery systems will result in the expansion of wet granulation equipment market.
Opportunities
- Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the wet granulation equipment market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate.
Moreover, technological advancement in the form of automation of granulation process, digital touchscreens, and increase in the number of emerging markets will further provide beneficial opportunities for the wet granulation equipment market growth during the forecast period.
Restraints/Challenges
On the other hand, the high cost associated with the equipment will obstruct the market's growth rate. The dearth of skilled labour and lack of healthcare infrastructure in developing economies will challenge the wet granulation equipment market. Additionally, strict regulatory policies and technical limitations will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This wet granulation equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wet granulation equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Patient Epidemiology Analysis
Wet granulation equipment market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
COVID-19 Impact on Wet Granulation Equipment Market
Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. COVID-19, a new coronavirus, was identified as the causal agent in pneumonia cases. This virus spread quickly over the world, killing a large number of people. COVID-19 was labelled a global pandemic by the World Health Organization (WHO) in March 2020, and rigorous measures to prevent the disease's spread were recommended. Since then, the pandemic has delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in many nations had imposed nationwide lockdowns to halt the spread of COVID-19.
Similarly, healthcare organizations in numerous nations throughout the world were having difficulty continuing their supply chain activities. The supply chain slowness hampered the wet granulation equipment market. However, now that COVID-19 vaccines are readily available, numerous authorities are trying to assure that life-saving medications and vaccines are supplied without interruption. As a result, the market is projected to stabilize in the future.
Global Wet Granulation Equipment Market Scope
The wet granulation equipment market is segmented on the basis of product type, application and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Rapid Mixer Granulator
- Fluidized Bed Granulator
- Others
Application
- Laboratory Experiments
- Pilot Batches Scaling
- Commercial Scale Manufacturing
- Others
End-Users
- Pharmaceutical Research Laboratories
- Pharmaceutical Production Plants
- Contract Research and Manufacturing Organizations
- Academic and Research Institutes
- Others
Wet Granulation Equipment Market Regional Analysis/Insights
The wet granulation equipment market is analysed and market size insights and trends are provided by country, product type, application and end-users as referenced above.
The countries covered in the wet granulation equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the wet granulation equipment market because of the presence of major key players in this region. Additionally, rising research and development as well as healthcare expenditure will further propel the market's growth rate in this region.
Asia-Pacific are expected to grow during the forecast period due to increasing number of generic manufacturers in this region. Also, development of healthcare infrastructure and increased production facilities will further propel the market's growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wet Granulation Equipment Market Share Analysis
The wet granulation equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wet granulation equipment market.
Some of the major players operating in the wet granulation equipment market are:
- SaintyCo. (China)
- Nicomac Srl (Italy)
- Alexanderwerk AG (Germany)
- Romaco Group (Germany)
- Fluid Air Systems (India)
- Vanguard Pharmaceutical Machinery (US)
- L.B. Bohle (India)
- Karnavati Engineering (India)
- CCS GROUP (US)
- Syntegon Technology GmbH (Germany)
- FREWITT SWITZERLAND (Switzerland)
- LINXIS Group (France)
- Anchor Mark Pvt Ltd. (India)
- DIOSNA Dierks & Söhne GmbH. (Germany)
- Spraying Systems Co. (US)
- GEBRÜDER LÖDIGE MASCHINENBAU GMBH (Germany)
- Glatt GmbH (Germany)
- GEA Group Aktiengesellschaft (Germany)
- ERWEKA GmbH (Germany)
- Senieer (China)
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