GRANULATORS FOR PHARMACEUTICAL MARKET ANALYSIS

Granulators For Pharmaceutical MarketSize and Trends

Pharmaceutical Granulators Market– Insights

Increasing demand for oral dose medications in the pharmaceutical industry is expected to drive growth of pharmaceutical granulators market. The granulators are used in the process of granulation in which enlargement of particles by agglomeration technique is done. It is one of the most significant operations in the production of pharmaceutical oral solid dosage forms (mostly tablets and capsules). Oral medications have higher preference owing to advantages such as safety of patient, patient compliance, adherence in terms of ease of ingestion, pain avoidance, and versatility in accommodating various types of drugs.

For instance, according to the Nice Insight Pharmaceutical Excipient Survey report of 2017, 65% of the pharmaceutical excipients manufactured are in oral solid dosage. Most pharmaceutical granulators are used for granulation and manufacturing of solid dosage forms. Dry and wet granulation methods are majorly used for tablet and capsules manufacturing. Compaction is also used to densify the powder and form granules.

The global pharmaceutical granulators market is estimated to be valued at US$ 3,435.8 million in 2019, and is expected to exhibit a CAGR of 5.6% over the forecast period (2020-2027).

Global Pharmaceutical Granulators Market, Value (US$ Mn) & Y-o-Y Growth (%), 2016-2027

Source: Coherent Market Insights Analysis (2020)