Wet Granulation Equipment Market Industry Size, Share Opportunities and Forecast By 2029
The realistic Wet Granulation Equipment market survey report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and porter's five force analysis. The market is considerably transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of Pharmaceutical industry. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work painstakingly to create Wet Granulation Equipment market research document.
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.
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Market Overview:
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.
Wet Granulation Equipment Market Dynamics
Drivers
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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.
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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
Some of the major players operating in the wet granulation equipment market are:
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SaintyCo. (China)
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Nicomac Srl (Italy)
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Alexanderwerk AG (Germany)
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Romaco Group (Germany)
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Fluid Air Systems (India)
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Vanguard Pharmaceutical Machinery (US)
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L.B. Bohle (India)
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Karnavati Engineering (India)
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CCS GROUP (US)
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Syntegon Technology GmbH (Germany)
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FREWITT SWITZERLAND (Switzerland)
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LINXIS Group (France)
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Anchor Mark Pvt Ltd. (India)
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DIOSNA Dierks & Söhne GmbH. (Germany)
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Spraying Systems Co. (US)
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GEBRÜDER LÖDIGE MASCHINENBAU GMBH (Germany)
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Glatt GmbH (Germany)
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GEA Group Aktiengesellschaft (Germany)
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ERWEKA GmbH (Germany)
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Senieer (China)
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An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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