According to our new research study on “Capsule Filling Machine Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, and Capacity,” the market is expected to reach US$ 290.92 million by 2028 from US$ 211.32 million in 2021; it is estimated to grow at a CAGR of 4.7% during 2021–2028. The report highlights trends prevailing in the market and factors driving its growth. The growth of the market is attributed to the advancement in capsule filling machine and the rising prevalence of chronic diseases. However, the high cost incurred in capsule filling machine production hampers the market growth.
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For years, capsule filling machines have boosted various industries, such as medicines, cosmetics, and food. Numerous filling machines have been developed to boost the rate of production as a result of technological advancements. Manually operated encapsulators, semi-automatic encapsulators, and automatic encapsulators are among the modern encapsulators. These devices are highly advantageous in improving productivity. Pharmaceuticals is one of the primary sectors that require regular production of these capsules. Thus, technological advancement has resulted in a movement away from manual labor toward machine production.
Diverse industry participants have developed several new technologies. For instance, a Spanish contract development and manufacturing organization (CDMO) has increased its GMP manufacturing capabilities by adding new automatic capsule filling capabilities at its EU-GMP-certified facility in Pamplona, Spain. The new Bosch GKF-702 automatic capsule filling machine, capable of producing between 3,000 and 42,000 hard capsules per hour, is now fully operational and will assist Idifarma in manufacturing small-scale clinical and commercial batches and providing the ability to simulate industrial production environments during research and development.
North America held the largest share of the capsule filling machine market in 2021. The market in the US is expected to grow from US$ 69.76 million in 2021 to US$ 98.11 million by 2028; it is estimated to grow at a CAGR of 5.0% during 2021–2028. The US has the presence of R&D centers of the most foreign companies in the healthcare sector. As these facilities rely on capsule filling machines to provide high-quality outcomes, the market in the country is projected to grow rapidly in the coming years.
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Key Manufacturers Overview-
- Capsugel, Inc (A subsidiary of Lonza Group AG)
- Schaefer Technologies
- Syntegon Technology GmbH
- Torpac Inc
- Zhejiang Fuchang Machinery Co
- Ltd; Beijing Hanlin Hangyu Technology Development Inc
- M2G S.r.l
- M.A. Industria Macchine Automatiche S.p.A
The capsule filling machine market, by type, is segmented into manual capsule filling machines, semi-automatic capsule filling machines, and fully automatic capsule filling machines. Based on application, the market is segmented into pharmaceutical, cosmetics, and others. Based on capacity, the capsule filling machine market is segmented into small (upto 50,000 capsules), medium (50,000 capsules to 100,000 capsules per hour), and high (more than 100,000 capsules per hour). By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East and Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East and Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).
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