| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 25.39 Billion |
| Market Size (2030) | USD 31.82 Billion |
| CAGR (2025 - 2030) | 4.62 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pharmaceutical Equipment Market Analysis
The Pharmaceutical Equipment Market size is estimated at USD 25.39 billion in 2025, and is expected to reach USD 31.82 billion by 2030, at a CAGR of 4.62% during the forecast period (2025-2030).
Factors such as high pharmaceutical and biopharmaceutical industry growth and technological developments are expected to increase market growth over the forecast period.
Rising investments from pharmaceutical and biopharmaceutical companies to expand their presence are anticipated to boost market growth. For instance, in January 2024, AbbVie enhanced its manufacturing capabilities by initiating a USD 223 million expansion at its Singapore facility. This investment will add 24,000 liters of biologics drug-substance capacity to AbbVie's global manufacturing network. The expansion aims to support AbbVie's current products and emerging immunology and oncology compounds in its pipeline. Therefore, investments in new drug facilities are expected to increase the adoption of pharmaceutical equipment for upstream and downstream processes, driving market growth.
In addition, in February 2024, AstraZeneca allocated USD 300 million to establish a state-of-the-art facility in Rockville, Maryland, to launch its critical cell therapy platforms in the United States. These platforms will support essential cancer trials and future commercial production. This investment is primarily focused on manufacturing T-cell therapies to facilitate global clinical trials. Therefore, increasing investment in cancer research is expected to enhance the adoption of pharmaceutical equipment for lead characterization, lead optimization, and other preclinical identifications, thereby bolstering market growth.
Furthermore, the rising technological advancements from the key market players such as the launch of technologically advanced and innovative pharmaceutical equipment is anticipated to increase the adoption, thereby propelling the market growth. For instance, in March 2024, KORSCH America will introduce its latest tablet press to the North American market at INTERPHEX in New York City. The company will debut its X 5 Tablet Press, which significantly increases single-sided output while maintaining flexibility and rapid changeover design and offers an output capacity more than 50% higher than the company’s flagship XL 400, despite a slightly larger footprint.
Therefore, the factors such as rising pharmaceutical investments and advancements in the technology of pharmaceutical equipment are the factors anticipated to foster the market growth. However, the high cost of equipment is expected to hinder market growth.
Pharmaceutical Equipment Market Trends
Lyophilizer Segment is Expected to Hold a Significant Share iin Pharmaceutical Equipment Market Over the Forecast Period
A lyophilizer, also known as a freeze dryer, is a device used in laboratory and pharmaceutical settings to preserve and dehydrate perishable materials. The lyophilization process involves freezing the material and then subjecting it to a high vacuum so that the frozen water in the material sublimes, bypasses the liquid phase, and goes directly from a solid to a gas. This leaves the material in a dry, preserved state that can be stored for long periods without spoilage.
Factors such as increasing collaborations in the pharmaceutical industry coupled with the initiatives by key market players are expected to increase segment growth over the forecast period. For instance, in July 2023, Coriolis Pharma, a service provider in the formulation research and development of biopharmaceutical drugs, partnered with RheaVita, an innovator in continuous freeze-drying technology for biopharmaceuticals. This collaboration aims to advance novel technologies for the development of biological drug products, with a particular focus on innovative modalities in lyophilization technology.
Also, it is anticipated that throughout the course of the forecast period, the utilization of lyophilizer devices in manufacturing facilities will increase. For instance, in July 2023, Berkshire Sterile Manufacturing (BSM) intends to double the lyophilization capacity of its fully automated, isolator-based filling line to accommodate increasing demand. By incorporating a second lyophilizer, BSM plans to enhance the line's capacity to 70,000 10R vials per run. Thus, it is anticipated that such expenditures by leading market players will fuel industry sector expansion.
Therefore, the factors such as rising investments in the pharmaceutical industry and increasing adoption of lyophilization equipment in pharmaceutical industry are anticipated to drive the segment growth over the forecast period.
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North America is Anticipated to Hold a Major Share n the Pharmaceutical Equipment Market and Similar is Expected Over the Forecast Period
North America is expected to have a significant share of the market owing to factors such as rising research and development activities, the rising approval of biological products, and the strong presence of industry players in the region.
Investment in the pharmaceutical sector by the government in the region is anticipated to boost the market growth. For instance, as per the press release by the Government of Canada in October 2023, the Canadian government, through its Strategic Innovation Fund, has committed CAD 29.7 million (USD 21.7 million) to support Pharmascience Inc.'s project. This funding will enable Pharmascience to modernize and expand its Candiac facility in Quebec, boosting its production capacity for sterile injectables. Therefore, such strategic investments by Canada in pharmaceuticals are anticipated to increase the adoption of pharmaceutical equipment in the production of injectables, boosting market growth.
Furthermore, the rising expansion of pharmaceutical companies' presence is anticipated to increase the adoption of pharmaceutical equipment for various activities such as packaging, freeze-drying, and manufacturing, thereby boosting market growth. For instance, in April 2023, Roquette, a provider of pharmaceutical and nutraceutical excipients opened its new pharma innovation center in Pennsylvania, United States with a USD 25 million investment. The facility aims to serve as a premier training and collaboration hub for pharmaceutical and nutraceutical manufacturers worldwide.
Thus, increasing initiatives such as pharmaceutical companies expanding their presence and government investments in pharmaceutical sector are expected to increase market growth over the forecast period.
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Pharmaceutical Equipment Industry Overview
The pharmaceutical equipment market is semi-consolidated and consists of several major players. Factors contributing to the competition include increasing biopharmaceutical investments and rising technological advancements in pharmaceutical equipment. Some of the key players operating in the market include Alexanderwerk, ALFA LAVAL, GEA Group, Korber AG, and LFA Machines Oxford LTD among others.
Pharmaceutical Equipment Market Leaders
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Alexanderwerk
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ALFA LAVAL
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GEA Group
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Korber AG
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LFA Machines Oxford LTD
- *Disclaimer: Major Players sorted in no particular order
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Pharmaceutical Equipment Market News
- May 2024: Dara Pharma completed its acquisition of Coolvacuum, a specialist in industrial freeze-drying equipment, by purchasing the remaining 49% of its shares. Dara Pharma initially acquired a 51% stake in Coolvacuum, a milestone that enabled the company to provide integrated filling solutions, including filling, freeze-drying, and closing in isolators.
- March 2024: Getinge expanded its bioreactor portfolio by launching the Single-Use Production Reactor (SUPR) system, initially available in 50-liter and 250-liter capacities. Utilizing the same reliable platform as Getinge’s smaller bioreactors, the SUPR system accelerates the delivery of life-saving medications to market, thereby enhancing quality of life.
Pharmaceutical Equipment Industry Segmentation
As per the scope, pharmaceutical equipment helps manufacturers produce drugs with desired qualities and properties. The pharmaceutical equipment market is segmented by type, formulation, end user, and geography. By type, the market is segmented into weighing equipment, lyophilizer, pharmaceutical water equipment, granulating equipment, packaging equipment, and others. By formulation, the market is segmented into tablets, capsules, injectables, and other formulations. By end user, the market is segmented into pharmaceutical manufacturing companies, contract manufacturing, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 different countries across the major regions globally. The report offers the values (in USD) for the above segments.
| By Type | Weighing Equipment | ||
| Lyophilizer | |||
| Pharmaceutical Water Equipment | |||
| Granulating Equipment | |||
| Packaging Equipment | |||
| Others | |||
| By Formulation | Tablets | ||
| Capsules | |||
| Injectables | |||
| Other Formulations | |||
| By End User | Pharmaceutical Manufacturing Companies | ||
| Contract Manufacturing Companies | |||
| Others | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
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Pharmaceutical Equipment Market Research Faqs
How big is the Pharmaceutical Equipment Market?
The Pharmaceutical Equipment Market size is expected to reach USD 25.39 billion in 2025 and grow at a CAGR of 4.62% to reach USD 31.82 billion by 2030.
What is the current Pharmaceutical Equipment Market size?
In 2025, the Pharmaceutical Equipment Market size is expected to reach USD 25.39 billion.
Who are the key players in Pharmaceutical Equipment Market?
Alexanderwerk, ALFA LAVAL, GEA Group, Korber AG and LFA Machines Oxford LTD are the major companies operating in the Pharmaceutical Equipment Market.
Which is the fastest growing region in Pharmaceutical Equipment Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Pharmaceutical Equipment Market?
In 2025, the North America accounts for the largest market share in Pharmaceutical Equipment Market.
What years does this Pharmaceutical Equipment Market cover, and what was the market size in 2024?
In 2024, the Pharmaceutical Equipment Market size was estimated at USD 24.22 billion. The report covers the Pharmaceutical Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Pharmaceutical Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Pharmaceutical Equipment Industry Report
Statistics for the 2025 Pharmaceutical Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pharmaceutical Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
