STERILE POWDER FILLING MACHINE MARKET ANALYSIS

Sterile Powder Filling Machine Market, by Production Rate (Production Rate: 20 to 60 Fills/Minute, Production Rate: 50 to 100 Fills/Minute, Production Rate: 100 to 300 Fills/Minute, Production Rate: 300 to 500 Fills/Minute), by Product Type (Anti-cancer Drugs, Nuclear Medicine, Others (Antifungals, Antibiotics, and other Pharmaceutical Products)), by Packaging Type (Vials, Cartridges, Syringes, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Sep 2022
Code : CMI5224
Pages :406
Formats :
Excel and PDF
Industry : Pharmaceutical

Sterile Powder Filling Machine MarketSize and Trends

The global sterile powder filling machine market is estimated to be valued at US$ 304.634 Mn in 2022 and is expected to exhibit a CAGR of 4.7% over the forecast period (2022-2030)

Figure 1: Global Sterile Powder Filling Machine Market Share, (%), Analysis, By Product Type, 2022

Market players are involved in launching sterile powder filling machine is expected to propel the growth of global sterile powder filling machine market, over the forecast period.

Global Sterile Powder Filling Machine Market- Trends

Market players are involved in launching sterile powder filling machine is expected to propel the growth of global sterile powder filling machine market. For instance, in 2019, IMA, a designer and manufacturer of automatic machines, is offering its Aseptic Micro-Doser Powder Filling Line, Model MF 400. The machine operates at the speed of 400 vials/minute depending on the number of fill stations. The machine is set up with 2 filling stations, 20 - 32 mm vial diameter range, 40 - 75 mm vial height range, and 20 mm stopper diameter with stopper bowl feeder.

Market players are involved in expansion of their manufacturing units which is expected to drive the global sterile powder filling machine market, over the forecast period.

Expansion of the manufacturing unit by market players is expected to drive the growth of global sterile powder filling machine market. For instance, in 2017, Sri Lanka-based pharmaceutical company Navesta Pharmaceuticals opened a new sterile manufacturing facility in the town of Horana, Sri Lanka. The facility is intended to produce sterile dry powder injectable of beta-lactam antibiotics, which could previously only be imported to the country from other countries. Navesta’s Horana sterile pharmaceutical manufacturing facility will initially produce 50 million vials in a year for filling sterile dry powder beta-lactam injectable.