Fully Automatic Capsule Filling Machine Segment is Expected to be Fastest Growing During Forecast Period for MEA Region       

According to a new market research study on “MEA Capsule Filling Machine Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Application, and Capacity” is expected to reach US$ 8.87 million by 2028 from 7.02 US$ million in 2021. The market is estimated to grow at a CAGR of 3.4% from 2021 to 2028. The report provides trends prevailing in the MEA capsule filling machine market along with the drivers and restraints pertaining to the market growth. Huge R&D investments by pharmaceutical players is the major factor driving the growth of the MEA capsule filling machine market. However, issues associated with costly production of capsule filling machines hinders the growth of MEA capsule filling machine market.

MEA capsule filling machine market is segmented into type, application, capacity, and country. The MEA capsule filling machine market, by type, is segmented into manual capsule filling machines, semi-automatic capsule filling machines, and fully automatic capsule filling machines. The fully automatic capsule filling machines segment held the largest share of the market in 2021. By application, the MEA capsule filling machine market is segmented into pharmaceutical, cosmetics, and others. In 2021, the pharmaceutical segment held the largest share of the market. The MEA capsule filling machine market, by capacity, is segmented into small (upto 50,000 capsules per hour), medium (50,000 capsules to 100,000 capsules per hour), and high (more than 100,000 capsules per hour). In 2021, the small (upto 50,000 capsules per hour) segment held the largest share of the market. Based on country, the MEA capsule filling machine market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. Rest of MEA held the largest market share in 2021.

For the first time in decades, the MEA countries are facing a common issue with no political or religious agenda in the form of COVID-19 pandemic, which has been devastating on lives and economies. This low-cost, developing region experienced high cases and deaths due to limited availability of resources and staff in COVID care facilities. On the supply side, the advent of high-throughput screening methods for compounds and small molecules has allowed researchers to effectively evaluate large drug libraries for their in vitro antiviral activities against SARS-CoV-2.

ACG; Beijing Hanlin Hangyu Technology Development Inc.; Capsugel, Inc (A subsidiary of Lonza Group AG); I.M.A. Industria Macchine Automatiche S.p.A.; Syntegon Technology GmbH; and Zhejiang Fuchang Machinery Co. Ltd are among the leading companies in the MEA capsule filling machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.    

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