Global Pharmaceutical Coating Equipment Market Insights Forecasts to 2030

• The global Pharmaceutical Coating Equipment market was valued at USD 0.79 billion in 2021.
• The market is growing at a CAGR of 7.3% from 2021 to 2030
• The global Pharmaceutical Coating Equipment market is expected to reach USD 1.4 billion by 2030
• The Europe is expected to grow the fastest during the forecast period

The global Pharmaceutical Coating Equipment market is expected to reach USD 1.4 billion by 2030, at a CAGR of 7.3% during the forecast period 2021 to 2030. The market expansion is predicted to be fuelled by the pharmaceutical market quick expansion, the quick uptake of orphan medications, and rising investment in research and development (R&D). Rapid growth in the need for drug development to fight the COVID-19 virus has positively impacted the pharmaceutical coating equipment market.

Market Overview

To attain the required qualities of the dosage form above the uncoated version, the coating material is placed on the tablet's surface during the Pharmaceutical coating process. To provide special advantages over uncoated varieties, Pharmaceutical coating equipment mechanically applies an essentially dry, thin layer of coating material on the surface of tablet dosage forms, i.e., Pharmaceutical coating equipment is a machine that applies a thin coating of coating material to the exterior of tablets. Pharmaceutical coating equipment operates according to fairly straightforward principles. It is operated by drizzling coating chemicals onto a bed of tablets that can move horizontally or vertically. A parallel flow of hot air enhances the solvent's evaporation. The pharmaceutical market contributes a new definition of coating success for solid dosage forms. Different shapes of tablets, capsules, and pellets are processed using coaters. The coating process can be broken down into three steps: spraying the liquid to be coated, drying the tablets, and combining the tablets. The market expansion is predicted to be fueled by the pharmaceutical industry's quick expansion, the quick uptake of orphan medications, and rising investment in research and development (R&D). Regulations on transportation caused a disruption in the supply chain. Clinical trial recruitment, data collecting, data analysis, and factory shutdown delays contributed to a delay in the medication development process. However, the market for pharmaceutical coating equipment has benefited from the substantial growth in demand for therapeutic research to combat the COVID-19 virus. As pharmaceutical companies and governments worldwide fought valiantly to contain the COVID-19 epidemic, the demand for pharmaceutical coating equipment surged substantially during the pandemic. Pharmaceutical manufacturers now have many opportunities because of the growing demand. It consequently increased pharmaceutical coating manufacturing and demand.

Report Coverage

This research report categorizes the global Pharmaceutical Coating Equipment market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global Pharmaceutical Coating Equipment market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each global Pharmaceutical Coating Equipment market sub-segments. 

Segmentation Analysis

• In 2021, the Film Coating segment dominated the market with the largest market share of 37.6% and market revenue of 0.29 billion.

Based on the Coating, the global Pharmaceutical Coating Equipment market is categorized into Sugar Coating, Film Coating, Dip Coating, Microencapsulation, and Others. In 2021, the Film Coating segment dominated the market with the largest market share of 37.6% and market revenue of 0.29 billion. The pharmaceutical industry has a significant demand for film-coated tablets since they require less processing time and have relatively thin coats compared to other types of coatings. Tablet film coatings are increasingly being used in pharmaceutical applications, which presents producers with the potential for value capture.

• In 2021, the Standard Coating Pan segment accounted for the largest share of the market, with 34.3 % and market revenue of 26.3 billion.

Based on the Equipment, the Pharmaceutical Coating Equipment market is categorized into Fluidized Bed Coater, Perforated Coating Pan, and Standard Coating Pan. In 2021, the Standard Coating Pan segment accounted for the largest share of the market, with 34.3 % and market revenue of 26.3 billion. It is a typical accessory in the majority of the pharmaceutical industry because it enables quicker coating and even coating solution distribution.

Regional Segment Analysis of the Pharmaceutical Coating Equipment Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America emerged as the largest market for the global Pharmaceutical Coating Equipment market, with a market share of around 39.3% and 31.04 billion of the market revenue in 2021.

• In 2021, North America emerged as the largest market for the global Pharmaceutical Coating Equipment market, with a market share of around 39.3% and 31.04 billion of the market revenue. The market for pharmaceutical coating in North America is expected to grow owing to the increasing development of novel pharmaceutical goods. Furthermore, the development of generic medications and biosimilars is expected to drive the growth of the pharmaceutical coatings equipment market. In addition, the profitable presence of prominent market players with enormous production capacity also adds to the market's growth in the region.
• The Europe market is expected to grow at the fastest CAGR during the forecast period 2022 and 2030. The European pharmaceutical coating equipment market has been growing owing to physicians' increasing preference for effective medications. Furthermore, the availability of large pharmaceutical players and their capacity for large-scale manufacture has resulted in increased production of coated pharmaceutical products supporting market growth.

Competitive Landscape

The report offers the appropriate analysis of the key organizations/companies involved within the global Pharmaceutical Coating Equipment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Market Players:

• Ohara Technologies
• ACG
• Glatt GmbH
• Romaco Group
• Thomas Processing LLC
• GEA Group Aktiengesellschaft
• Syntegon Technology GmbH
• L.B. Bohle Maschinen und Verfahren GmbH
• DIOSNA (LINXIS Group)
• GEBRÜDER LÖDIGE MASCHINENBAU GMBH
• Invacare Corporation
• Sunrise Medical LLC
• Ottobock
• Pride Mobility Products Corp
• GF Health Products, Inc.
• 21st Century Scientific, Inc.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Third-party knowledge providers
• Value-Added Resellers (VARs)

Some of the Key Developments:

• In March 2021- STE Tecpharm, S.L. was bought by Romaco Holding Gmbh. Due to this deal, Romaco Holding Gmbh will be able to update its cutting-edge tablet coating machinery and solidify its position as a leading processing technology supplier.
• In March 2021- ACG opened a process development facility in Shirwal, India, to begin ACG Laboratories. This facility will offer a teaching and testing environment devoted to the cooperative investigation of all elements of making oral solid dosages.
• In Feb 2021-Dow Inc. The corporation had previously announced the addition of 130 kilotons to its ethylene-producing facility in Canada.
• In April 2020- The Tosoh Corporation corporation launched its new main research building in Shuan city, China, for full-scale operations.
• In Nov 2020-  Ineos Group purchased all of the stock in Sasol Chemicals' joint venture, "Gemini HDPE." In LA Porte, Texas, the business manufactures high-density polyethylene.

Market Segment

This study forecasts global, regional, and country revenue from 2021 to 2030. Spherical Insights has segmented the global Pharmaceutical Coating Equipment market based on the below-mentioned segments:

Global Pharmaceutical Coating Equipment Market, By Coating

• Sugar Coating
• Film Coating
• Microencapsulation
• Dip Coating
• Others 

Global Pharmaceutical Coating Equipment Market, By Equipment

• Fluidized Bed Coater
• Perforated Coating Pan
• Standard Coating Pan

Global Pharmaceutical Coating Equipment Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico

• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa