Market is estimated to grow at a CAGR of 3.9% | Size & Analysis
The Deblistering Machines Market was valued at around USD 118 million in 2020 and is anticipated to expand at a CAGR of 3.9% CAGR over the forecast period (2021-2028).
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The factors driving growth of the market includes increasing manufacturing of pharmaceutical drugs around the world, rising focus of companies on developing highly efficient deblistering machines, and growing use of deblistering machines to remove drugs from blister packages and improvements in the living standards. Deblistering machines reduces error rates, easily removes drugs with exceptional speed, and are increasingly used in end-use industries such as Hospitals, Nutraceuticals, Medical waste recyclers, and Pharmacies, are some of the factors pushing the market growth. Moreover, growing adoption of advanced technologies by manufactures, rise in the launch of innovative products, increasing demand for proper medicines and rapid urbanization, are some of the additional factors supplementing the Deblistering Machines Market Growth. In addition, the increasing investments by major companies on research, strategic mergers, and acquisitions between key industry leaders, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.
However, growth of the Deblistering Machines Market is hindered attributed to its high cost.
The leading players operating in the market are SaintyCo, Accura Pharmaquip Pvt. Ltd., ACG, Sepha, Omnicell Inc., Stripfoil Deblistering Technology, Uhlmann, RBP BAUER GMBH, Jornen Machinery Co., Ltd, and O.M.A.R. S.r.l Pharmaceutical Blister Solution, among others.
Based on Type, the Automatic segment is predicted to grow at a significant CAGR during the forecast period
Increasing use of automatic delustering machines to assists deblistering process and rising focus of manufacturers on developing new features in automatic deblistering machines, are propelling segment’s growth.
Based on Operating Speed, the Above 60 segment is projected to expand at a robust CAGR over the forecast period
As per the Global Deblistering Machines Market Research, increasing adoption of high speed de blistering machines in pharmaceutical industry to reduce the time of manufacturing, is pushing segment’s growth.
Based on Region, the North American region is anticipated to grow at aa remarkable CAGR during the forecast period
According to the Deblistering Machine Market Research Report, rapid growth in drug manufacturing, technological advancements in deblistering machines, increase in the launch of new products, growing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North America.
Segmentation by Type
Segmentation by Operating Speed
Segmentation by Region
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