HOME Research Insight Tofflon Science and Technology Co., Ltd. (China), and IMA S.p.A. (Italy), Lead the Global Freeze Drying Equipment Market



Tofflon Science and Technology Co., Ltd. (China), and IMA S.p.A. (Italy), Lead the Global Freeze Drying Equipment Market


The global freeze drying market is highly fragmented with the top five players accounting for less than 25% of the market share in 2013. Tofflon Science and Technology Co., Ltd. (China), IMA S.p.A. (Italy) are the only players in this market with a market share of more than 5%, each. Some of the other leading players in the global freeze drying equipment market are GEA Group (Germany), Azbil Corporation (Japan), SP Industries, Inc. (U.S.), Labconco Corporation (U.S.), Optima Packaging Group GmbH (Germany), HOF Enterprise Group (Germany), Martin Christ Gefriertrocknungsanlagen GmbH (Germany), and Millrock technology, Inc. (U.S.).

Tofflon Science and Technology Co., Ltd. (China) held the leading position in the global freeze drying market with a share of ~7% in 2013. Tofflon has a diversified product portfolio, which includes a wide range of freeze drying systems such as cGMP freeze dryers, production freeze dryers, and LN2 refrigeration freeze dryers; and accessories such as, automatic loading systems, and sterile API auto-loading systems. Tofflon’s leadership can be attributed to its strong manufacturing and distribution footprint across the world, which enables it to serve customers in the Americas, Africa, Europe, the Middle East, and Asia-Pacific. The company focuses on product innovations, new product launches, and agreements as its key business strategies, to ensure its growth in the global freeze drying market. This is evident from the introduction of a new auto-inspection system for vials and ampoules in the Indian market in December 2013, based on automation, isolation, and systematic integration. Likewise, in May 2013, the company signed a strategic cooperation agreement with Aqua-Nova AB (Sweden), to market Tofflon’s freeze dryers in Nordic countries.

In 2013, IMA S.p.A. (Italy) was the second-largest player in the global freeze drying market with a market share of about 6%. Over the years, IMA has maintained market position through a strong distribution network across North America, Europe, the Middle East, and Africa, Asia-Pacific, and Latin America. The company offers an exhaustive product portfolio in the lab-scale, pilot-scale, and production-scale freeze dryers, as well as loading and unloading systems and other freeze drying accessories. The company focuses on product innovation and new product launches as its key business strategies, to ensure its growth in the global freeze drying market. For instance, in May 2013, IMA launched the Da VINCI, a loading/unloading system, designed for class-leading aseptic processing in the pharmaceutical industry. Moreover, in July 2011, IMA Life launched a new series comprising the alpha, beta, gamma, delta, and epsilon models of laboratory freeze dryers for the North American market, designed to meet FDA, cGMP, GAMP, and CFR regulations.

The key strategies adopted by players in the global freeze drying market are new product launches; acquisitions, agreements, and collaborations; and expansions.  In a highly competitive market, many of the global players aim to maintain their market position through continuous investments in R&D activities in order to develop innovative solutions or enhance their existing solutions. Geographic expansion through mode of acquisition is another major strategy adopted by global players in the freeze drying market to expand their revenue pockets.

Related Reports:

Freeze Drying / Lyophilization Equipment Market by Scale (Lab, Pilot, & Industrial), Technology (Rotary, Manifold, & Tray - style) & by Accessories (Loading/Unloading System, Vacuum System, Clean-in-Place System, Control System) - Global Forecast to 2019

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