Precision Business Insights has published a report on the global pharmaceutical spray drying services market, estimating its value at USD 3,84.2 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/pharmaceutical-spray-drying-services-market
The pharmaceutical spray drying services market includes specialized contract manufacturing and formulation services that use spray drying technology to transform liquid medicinal formulations into dry powders. This method is commonly used to improve the solubility, stability, and bioavailability of active pharmaceutical ingredients (APIs), especially those that are poorly water-soluble or thermally sensitive.
Drivers:
- Increasing prevalence of poorly water-soluble drugs drives demand for spray drying to improve bioavailability
- Biopharma companies increasingly use spray drying to stabilize complex molecules and ensure consistent delivery
The global pharmaceutical spray drying services market segmentation:
1) By Molecule Type: Small Molecule, and Biologics
2) By Product Type: Oral Solid Dosage Forms (Capsules, Pellets, and Tablets), Inhaled Powders, and Others
3) By End User: Pharma & Biopharma (Small & Start-ups, Mid-Size, and Large Companies
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Regional Overview:
The report also examines the current concerns and their Future Effects on the pharmaceutical spray drying services market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the pharmaceutical spray drying services market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Fareva, Hovione, EUROAPI, CritiTech, IDIFARMA, Siegfried AG, Micro-Sphere, Esteve Quimica, Corden Pharma, ZACH System SA, Upperton Limited, Pharma Spray Drying, Inc., Catalent, Inc. (Novo Nordisk), Thermo Fisher Scientific (Patheon Pharma Services)
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