Deblistering Machines Market By Automation (Automatic, Semi-Automatic, and Manual), Operating Speed (Up to 40 BPM, 40 to 80 BPM, and Above 80 BPM), End Use (Pharmaceutical Manufacturers, Pharmacies, Hospitals & Clinical Laboratories, Medical Waste Re
As per Future Market Insights (FMI), the deblistering machines market will reach a valuation of US$ 158.3 Mn by 2022. The rapidly growing scope for automation and machinery in the global pharmaceutical industry with the objective of reaching manufacturing targets is a primary factor propelling the sales of deblistering machines.
Deblistering machines are available in automated and semi-automated variants, which are largely used to recover and remove tablets and capsules from blister packs without degrading and affecting the quality of medicines. The consistently rising demand for deblistering machines among pharma and contract manufacturers and recyclers for keeping up with the massive volume of drug packaging has strengthened growth prospects to a significant extent
These machines possess excellent deblistering speed and have the ability to work with a wide range of blister packaging formats including push-through, child-resistant, and peelable blisters. FMI predicts that the demand for deblistering machines will be relatively strong owing to factors such as the rising production of blister packaging and oral dosage formats such as tablets and capsules. The market is projected to rise at a CAGR of approximately 4.8% through the end of 2031.
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Key Takeaways from Deblistering Machines Market
Automatic deblistering machines are projected account for more than 70% of the overall market share driven by higher operational speed.
40 to 80 BPM machines will remain dominant in the market, while the over 80 BPM machines are estimated to reflect faster growth with an incremental opportunity of US$ ~ 24.3 Mn.
With the frequent use of deblistering machines in the pharma sector, the U.S. market is expected to expand by more than1.5 times.
Manufacturers are capitalizing on opportunities across lucrative markets such as India and China.
Expansion of healthcare sector will spur y-o-y growth in the U.K. at 2.8% in 2021.
“The rise in production of medicinal drugs, especially those requiring oral dosages such as tablets and capsules has created lucrative opportunities for deblistering machine manufacturers to maximize their sales. Rising emphasis on safe and secure removal of medicinal tablets and capsules with high-precision deblistering processes is anticipated to redefine the market growth,” says FMI analyst.
Launch of Technologically Advanced Deblistering Machines Augment Sales
Technological advancement associated with deblistering machines is one of the pivotal factors that fuels the demand for deblistering machines in the market. Additional key benefits of deblistering machines such as automatic feed and user interface with fault indicators, heavy-duty design, variable speed as per blister speed, and several others attract a substantial portion of manufacturers in the market.
Furthermore, manufacturers from the pharmaceutical sector are aggressively automating their production processes to reduce labor costs. This growing adoption of automated deblistering machines from the manufacturers is likely to strengthen market growth during the foreseeable future.
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Impact of COVID-19 on Deblistering Machines Market
The global crisis of the COVID-19 pandemic has had a moderate impact on the sales of deblistering machines in the global market. Lack of supply in terms of raw components owing to restrictions on manufacturing activities has halted the short-term growth.
Lockdown in prominent regions such as Europe, South & East Asia, and North America has induced considerable impact on the manufacturing of deblistering machines. Besides this, the pandemic has created a massive demand for oral dosage form drugs including tablets and capsules.
Deblistering Machines Market Landscape
are the top players operating in the deblistering machines market. Furthermore,
are also the noticeable players in the deblistering machines market.
The Tier 3 players in the market hold 65-70% in the global deblistering machines market. In conclusion, key players contribute almost 30-35% of the global market. Leading players in the industry are increasingly focused on investments into product development to expand portfolios, consolidating overall market position.
Key Segments Covered in Deblistering Machines Industry Research
Automation:
Operating Speed:
End Use:
About Future Market Insights, Inc. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Aw
Dec 29, 2022
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