The lyophilization equipment market size is valued at USD 8.1 Bn in 2026.
The lyophilization equipment market is projected to grow at a CAGR of 15% by 2033.
The lyophilization equipment market growth drivers include rising demand for enhanced shelf-life of drugs, rapid biopharma and biotechnology expansion, and increasing vaccine and injectable production.
North America is a dominating region for the lyophilization equipment market.
GEA Group, SP Scientific, Millrock Technology, Telstar (Azbil Telstar), and OPTIMA packaging group GmbH are some leading industry players in the lyophilization equipment market.