What is Pharmaceutical Hot Melt Extrusion?
Hot melt extrusion (HME) is the processing of applying heat and pressure to melt a polymer and processed for mixing of thermoplastic binders and active compounds. This process is mainly for the production of binders with uniform shape and density. It is widely used in pharmaceutical and medical devices industry to produce mix active pharmaceutical ingredients (APIs) and medical devices. This process helps to enhance the bioavailability of API’s by masking its bitter taste. Further it prepares precursors for thermoplastic drug-eluting devices. Hence, it is mainly essential for manufacturing of subcutaneous and intraocular implants and intravaginal rings. Hot melt extrusion technique is utilized in the enhancement of active pharmaceutical ingredients bioavailability. Thus, owing to this raised applications in pharmaceutical industry, the demand for the hot melt extrusion has been increased. Raised pharmaceutical expenditure providing growth opportunity to the market. However, increasing concern regarding limitations like least adherence to certain material and stringent regulations may impact on the market in negative manner. Geographically, North America is anticipated to dominate the market followed by Europe. In North America, well established expenditure of pharmaceutical industry, presence of several key market players and rapid adoption of advanced technologies is mainly responsible for the dominance of the North America.
The market study is broken down by Type (Single Screw Extruder, Twin Screw Extruder, Laboratory Extruder and RAM Extruder) and major geographies with country level break-up.
There are various companies are operating in the market to provide hot melt extrusion processes. Increased demand for use in pharmaceutical industry is impacting on the demand for hot melt extrusion processes in positive manner. Hence to grab the opportunity associated with the market, many new market players are entering to the market. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Foster Corporation. (United States), Nordson Corporation (United States), AbbVie Inc. (United States), Thermo Fisher Scientific Inc. (United States), Corning Life Sciences(United States), Coperion GmbH (Germany), Gebrüder Lödige Maschinenbau GmbH (Germany), Hovione(Portugal), UMANG PHARMATECH PVT. LTD. (India), Baker Perkins Ltd. (United Kingdom), Gabler GmbH & Co. KG (Germany) and Leistritz Advanced Technologies Corp. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Pharmaceutical Hot Melt Extrusion market by Type, Application and Region.
On the basis of geography, the market of Pharmaceutical Hot Melt Extrusion has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Research Laboratory will boost the Pharmaceutical Hot Melt Extrusion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Augmented Pharmaceutical Industry Expenditure
Market Drivers
- Hot Melt Extrusion Reduces Manufacturing Costs Which Is Mainly Responsible For the Raised Demand
- Decreases the Risk of Human Error & Improves Quality Drives the Demand for the Hot Melt Extrusion
Opportunities
- Technological Advancements Is Hot Melt Extrusion Process Is Providing Opportunity for Quicker and Errorless Production
Restraints
- Limitations for Small Scale Pharmaceutical Companies
Challenges
- High Capital Investments for Installation Process
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Pharmaceutical Companies, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.