GVR Report cover Pharmaceutical Coating Equipment Market Size, Share & Trends Report

Pharmaceutical Coating Equipment Market Size, Share & Trends Analysis Report By Coating Type, By Equipment Type (Perforated Coating Pan), By Region, And Segment Forecasts, 2022 - 2030

  • Report ID: GVR-4-68039-970-3
  • Number of Pages: 150
  • Format: Electronic (PDF)

Report Overview

The global pharmaceutical coating equipment market size was valued at USD 0.81 billion in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 5.2% from 2022 to 2030. The expeditious growth of the pharmaceutical industry, rapid adoption of orphan drugs, and increasing research and development (R&D) investment activities are anticipated to drive the market growth. The supply chain was disrupted due to regulatory restrictions on transportation. With delays to trial enrollment, data collection, data analysis, and industrial closures, the clinical trials and drug development process were delayed. However, the demand for drug development to combat the COVID-19 infection has grown rapidly and positively impacted the pharmaceutical coating market.

 U.S. pharmaceutical coating equipment market size, by equipment type, 2020 - 2030 (USD Million)

The COVID-19 pandemic is changing the market in the U.S., as businesses in this industry undertook strategic acquisitions and capacity development to satisfy the rising demand for pharmaceutical products. The disruption has handicapped the U.S. market extensively resulting in several challenges in the supply chain of a lot of essential products, but an upsurge in the healthcare sector significantly to the pharma industry.

Pharmaceutical coating demand increased considerably during the pandemic as pharmaceutical companies and governments around the world worked hard to combat the COVID-19 pandemic. The rising demand has created significant opportunities for pharmaceutical manufacturers. As a result, it increased the production and demand for pharmaceutical coating.

The pharmaceutical industry segment is driven by a rise in the prevalence of diseases that need tablet-based formulations for treatment, an increase in demand for pharmaceutical tablet coatings, and an increase in the number of drugs marketed as tablet formulations. Manufacturers of pharmaceutical tablet coatings are generating incremental opportunities in the global market.

The high growth rates in demand are attributed to factors such as the rapidly expanding middle class, government incentives for the provision of drugs at lower cost, expansions by private firms, and governments allowing FDI penetration in untapped markets. Leading coating manufacturers adopt dual/multiple sourcing strategies for a stable and continuous supply of raw materials. This, in turn, is expected to propel the demand for the pharmaceutical coating market.

Coating Type Insights

Film coating equipment dominated the market and accounted for 43.3% of the global revenue share in 2021. Demand for film-coated tablets is high in the pharmaceutical industry owing to shorter processing time and fairly thin coats compared to other types of coatings. Pharmaceutical applications of tablet film coatings have increased in recent times, creating value-grab opportunities for manufacturers.

The sugar-coating process involves a number of processes, including sealing, sub-coating, polishing, dyeing, and polishing. Sugar coating is a good method for coating pills since it reduces the possibility of medication blunders. It uses pigments/colors to identify and enhances patient compliance through aesthetic appeal.

Microencapsulation is widely used in the healthcare and pharmaceutical sector for controlled drug delivery. Pharmaceutical companies generally utilize microencapsulation technology to disguise the unpleasant taste of medications and to offer targeted and controlled distribution. The growing recognition of microencapsulated materials in the pharmaceutical industry is expected to have a positive impact on industry growth.

The organic film coating segment is estimated to register a CAGR of 4.0% over the forecast period. As most polymers are soluble in a wide range of organic solvents, the organic solvent-based coating offers a choice of usable polymer options. In addition, pharmaceutical industries are paying attention to developing formulations with an organic film coating.

Equipment Type Insights

Standard coating pan equipment dominated the market and accounted for 31.4% of the global revenue share in 2021. The standard coating pan, which is also known as the conventional pan system is a common accessory in most pharmaceutical industries as it provides faster coating and an even distribution of the coating solution.

Many pharmaceutical companies choose perforated coating pans. This type of tablet coating equipment often features a fully or partially perforated drum. The drum of this tablet coater, like the standard coating pan, spins on a horizontal axis. The drying of coating material by a perforated coating system is better as compared to other conventional methods.

 Global pharmaceutical coating equipment market share, by equipment type, 2021 (%)

The fluidized bed coater equipment type segment is estimated to register a CAGR of 6.1% over the forecast period. Fluidized bed processes are one of the most efficient methods for producing thick-film coatings. They offer 100% transfer efficiency as well as cheaper initial and ongoing maintenance expenses. They may also cover an entire rack of components in a single dip.

The process is highly effective because it uses core particles that are not completely flat and uses small droplet sizes to coat them. This guarantees that the coating solution atomizes and sticks to the particles' surfaces without producing agglomeration. Fluidized bed coating can also generate high-quality, homogenous coatings that are highly resistant to moisture and abrasion.

Regional Insights

North America region dominated the market and accounted for 41.3% in 2021. The development of innovative pharmaceutical products, generics, and biosimilars, coupled with the profitable presence of key competitors with huge production capacities, will drive the market for pharmaceutical coating in North America.

Europe is anticipated to be a promising region for the future market. Availability of the giant pharmaceutical players and their capabilities for large-scale manufacturing and growing inclination toward efficient drugs and other related products along with the generics and biosimilars has led to the increase in the demand for the product thereby supporting the growth of the market.

Pharmaceutical Coating Equipment Market Trends by Region

Asia Pacific region is estimated to register a CAGR of 6.6% over the forecast period. An increase in the number of companies setting up manufacturing units in the region, and favorable government regulations coupled with low labor & manufacturing costs are projected to drive the pharmaceutical coating equipment market in the Asia Pacific during the forecast period.

Pharmaceuticals and the healthcare sector will see robust demand in the mid-and long-term, due to a rapid change in demographics Moreover, an increase in collaborations between pharmaceutical companies and outsourcing companies in Latin America for developing COVID-19 treatments is boosting the pharmaceutical coating equipment market growth.

Key Companies & Market Share Insights

The manufacturers adopted several strategies, including acquisitions, mergers, joint ventures, new product developments, and geographical expansions, to enhance market penetration and cater to the changing technological requirements from various coating such as sugar, film, seafood, microencapsulation, dip, and vacuum dip coating.

The shifting focus of pharmaceutical manufacturing to emerging markets along with the increasing outsourcing of operations to other countries present significant opportunities for market growth. Additionally, the rising focus on technological advancements in niche market areas also offers significant growth opportunities for players operating in the pharmaceutical coating market. Some prominent players in the global pharmaceutical coating equipment market include:

  • 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

Pharmaceutical Coating Equipment Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 0.85 billion

Revenue forecast in 2030

USD 1.27 billion

Growth rate

CAGR of 5.2% from 2022 to 2030

Base year for estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD billion and CAGR from 2022 to 2030

Report coverage

Revenue forecast, company market position analysis, competitive landscape, growth factors, and trends

Segments covered

Coating type, equipment type, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country Scope

U.S.; Canada; Mexico; Germany; France; Italy; U.K.; China; Japan; India; South Korea; Brazil; Argentina; South Africa; Saudi Arabia

Key companies profiled

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; Freund-Vector Corporation; I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.; SaintyCo.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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Global Pharmaceutical Coating Equipment Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global pharmaceutical coating equipment market report on the basis of coating type, equipment type, and region:

Global Pharmaceutical Coating Equipment Market Segmentation

  • Coating Type Outlook (Revenue, USD Million, 2017 - 2030)

    • Sugar Coating

    • Film Coating

    • Microencapsulation

    • Dip Coating

    • Others

  • Equipment Type Outlook (Revenue, USD Million, 2017 - 2030)

    • Standard Coating Pan

    • Perforated Coating Pan

    • Fluidized Bed Coater

  • Regional Outlook (Revenue, USD Million, 2017 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • U.K.

      • Italy

    • Asia Pacific

      • China

      • Japan

      • India

      • South Korea

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

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