Forecast for the Pharmaceutical Granulation Equipment Market

Forecast for the Pharmaceutical Granulation Equipment Market

By Pharma Tech Outlook | Wednesday, August 22, 2018

Granulation is the process of binding smaller particles into larger particles to form multi-particle entities called granules. This process is extensively used to improve the manufacturing process of tablets and pellets in the pharmaceutical industry. The drug powders due to their small size, and irregular shape and surface do not flow well in a hopper machine, and moreover smaller particles tend to concentrate at the base of a container while larger ones remain on top. Granulation prevents this segregation and improves the packaging of granules in final containers. There are two types of granulation processes: dry granulation and wet granulation. The right process is chosen depending on the stability of the drug with water molecules.

Due to the growing demand for advanced pharmaceutical drugs, there has been an increase in the number of research laboratories along with the rise in investments for research and development. These factors are responsible for the boost in growth of the global pharmaceutical granulation equipment market. Further, this growth is fueled by the technological advances in the form of granulation process automation, coupled with increased production efficiency, and reduction in the labor required for manufacturing. The only obstacle that remains is the high cost of granulation equipment.

Geographically, the global pharmaceutical granulation equipment market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The rise in the incidence of chronic diseases increase in adoption of tablet capsule and dry powder dosage forms, and research of advanced drug delivery systems are driving the pharmaceutical granulation equipment market. While North America is expected to dominate the market, Europe is predicted to be the second largest region owing to the presence of a large number of pharmaceutical research and production facilities, and growing demand for high-quality granulation equipment. However, the most lucrative market lies in the Asia Pacific region (in countries such as China and India) since leading players from developed countries are outsourcing research activities due to the large availability of skilled labor and comparatively low cost of research and manufacturing.

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