The global pharmaceutical processing equipment market is driven by global rise in chronic diseases such as cardiovascular diseases, cancer, and respiratory disorders is further increasing the demand for pharmaceutical products. However, one restraint for market growth is the raw material shortages are a major concern in pharmaceutical processing equipment manufacturing, as specialized materials may be scarce or hard to source, leading to production delays and higher costs. An opportunity in this market lies in the modern technologies such as automation, robotics, PAT, and continuous manufacturing enhance operational efficiency, reduce production costs, and boost product quality, presenting a significant market growth. One challenge is the high demand for specialized expertise makes it challenging for companies to recruit and retain qualified professionals, resulting in increased competition and higher labor costs.
