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Attributes growth to rapidly developing biopharma industry and increase in CMOs globally
December 1, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
According to a new market report by Transparency Market Research, the global lyophilization equipment and services market was valued at $2.7 billion in 2013 and is expected to grow at a CAGR of 8.5% from 2014 to 2020, to reach an estimated value of $4.8 billion in 2020. The report, entitled “Lyophilization Equipment and Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020,” says the market is growing at a faster pace as a result of ...
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