Pharmaceutical Spray Drying Market Size, Trends and Forecast 2024-2032
According to FutureWise analysis the market for pharmaceutical spray drying is expected to register a CAGR of 7.4% from 2023-2031.
Spray drying is one of the most promising pharmaceutical technologies currently available. The method is perfect when exact characteristics, such as particle size, morphology, and stability, are required because it transforms a liquid into a powder in a single step. In the spray drying process, a liquid feed is atomized into very tiny droplets that are then flash dried into solid particles in a hot drying atmosphere. The final spray-dried product is next processed by utilising a cyclone and/or a filter bag to remove the particles from the drying gas. The product can be powder, granules, or agglomerates depending on the feedstock, which can be a solution, suspension, or emulsion.
Bullock and colleagues conducted the initial research into the application of spray drying in pharmaceuticals in the 1940s and used it to infusions, extracts, inorganic medicinal salts, adrenaline, and vitamin C. The creation of pharmaceutical excipients and the isolation of active components that were either thermally sensitive or challenging to crystallize were two of the many other applications that came after. Contrary to popular belief, spray drying is a relatively gentle drying procedure because, first the materials are only briefly exposed to heat (a few seconds at most), and second the materials are shielded from higher bulk temperatures by the cooling action of the evaporation process. Despite its many applications, it wasn't until the turn of the century that spray drying's use in pharmaceutical applications saw a noticeable rise.
FutureWise Market Research has published a report that provides an insightful analysis of Pharmaceutical Spray Drying Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.
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Pharmaceutical Spray Drying Market Segmentation:
By Product Type
- Rotary Atomizer
- Nozzle Atomizer
- Fluidized
- Centrifugal
By Application
- Excipient Production
- Encapsulation
- Enhancing Bioavailability
- Dry Powder Inhalers
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Pharmaceutical Spray Drying Market:
- Albany Molecular Research Inc.
- Catalent, Inc
- Thermo Fisher Scientific Inc.
- Hovione
- Fuji Chemical Industry Co., Ltd
- Nova Laboratories
- Janssen Global Services, LLC
- Zambon Company S.P.A.
- GlaxoSmithKline plc.
- Novartis AG
- Wuxi AppTec.
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Pharmaceutical Spray Drying Market By Product Type, By Application and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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