Global Capsule filling Machines Market: Introduction
Capsule filling machines are used to manufacture capsules of various sizes. The capsule filling machine is used in various industries such as chemical, pharmaceutical, animal feed, and food & beverage. There are more than 1600 installations worldwide for different types of capsule fillers. Capsule filling machines, or encapsulation machines, are mechanical devices commonly used for industrial and pharmaceutical purposes. These machines are used to fill empty soft or hard gelatin capsules of various sizes with powders, granules, semi-solids or liquids substances containing active pharmaceutical ingredients or a mixture of active drug substances and excipients. Capsule filling machines are also known as capsule fillers, encapsulators, or encapsulating machines. These can be classified into three types: automatic capsule filler, semi-automatic capsule filler, and a manual capsule filler. The general advantage of encapsulators is that it enables users to fill different types of materials in different types of capsules. Commercial grade capsule fillers enable mass-production of pills and supplements.
Key Drivers of Global Capsule Filling Machines Market
Rise in Prevalence of Cardiovascular Diseases
- In 2016, 17.6 million people died of cardiovascular conditions, worldwide, as compared to 17.9 million in 2015
- Cardiovascular diseases (CVDs) are disorders of the heart and the blood vessels. They include coronary heart disease, cerebrovascular disease, and rheumatic heart disease.
- Cardiovascular diseases is the leading cause of mortality in the U.S., followed closely by cancer and chronic respiratory diseases
- According to the report, about 48% of the adult population in the U.S. is living with a form of cardiovascular disease
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Rise in Prevalence of Chronic Diseases
- Chronic diseases (e.g., cardiovascular diseases, mental health disorders, diabetes, and cancer) and injuries are the leading causes of death and disability
- According to U.S. Department of Health & Human Services, 6 in 10 adults in the U.S. and 4 in 10 adults in the U.S. have two or more chronic diseases, respectively
- Various cost-effective prevention strategies are available; however, implementation is generally low, especially among people who are poor and those living in rural areas
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North America to Account for Major Share of Global Capsule filling Machines Market
- North America is projected to account for a major share of the global capsule filling machines market during the forecast period. The market in the region is anticipated to expand at a rapid pace in the next few years due to an increase in research & development and technologically advanced products being introduced in market. Europe is expected to be the second-largest market during the forecast period owing to advanced facilities provided by the industrial infrastructure in the region.
- The capsule filling machines market in Asia Pacific is likely to expand at a high CAGR during the forecast period
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Key Players Operating in Global Capsule Filling Machines Market
The global capsule filling machines market is highly consolidated owing to the presence of several key players. Leading players operating in the global capsule filling machines market include:
- Bosch Packaging Technology
- Capsugel
- IMA Pharma
- MG2
- ACG Worldwide
- Hanlin Hangyu Industrial
- Zhejiang Fuchang Machinery
- Torpac Inc.
- Dott Bonapace
- Schaefer Technologies Inc
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