Market Research Reports- Consulting Analysis Crystal Market Research Pharmaceutical Packaging Equipment Market | Page 2

The liquid packaging equipment segment occupied the largest share of the overall market in 2016, due to increasing demand for automation and increase in prevalence of eye and ear disorders resulting in increased use of liquid dosage. Based on packaging type,the primary packaging segment held the major share of the overall market in 2016, due to technological advancements and increasing regulatory modifications related to pharmaceutical product packaging. The aseptic filling and sealing equipment segment dominated the global primary packaging equipment market in 2016. North America occupied the largest share of the overall market in 2016, due to R&D expenditure and existence of major pharmaceutical companies in this region. Asia-Pacific is poised to grow at highest rate during the forecast period. This is attributed to factors such as increasing aging population, rise in manufacturing activities and rapid development in Pharma and biotech infrastructure. Moreover, the North American and European pharmaceutical companies are outsourcing their manufacturing processes to Asian countries due to low labor cost, which is further contributing to the market growth. Request a sample copy of Pharmaceutical Packaging Equipment Market Research Report @ http://www.crystalmarketresearch.com/report-sample/HC0639 Key players in the global pharmaceutical packaging equipment market includeUhlmann-Group, Romaco Pharmatechnik GmbH, MULTIVAC, Körber AG, I.M.A. IndustriaMacchine Automatiche S.p.A., OPTIMA packaging group GmbH, Robert Bosch Gmbh, MG2 s.r.l., Bausch &StröbelMaschinenfabrikilshofenGmbh Co. Kg. and Marchesini Group S.p.A. Key Findings of the Research Study:  The liquid packaging equipment segment held the major share of the overall market in 2016, due to increase in prevalence of eye and ear disorders.  The primary packaging segment held the major share of the overall market in 2016, due owing to increase in need for unit dosage forms.  North America accounted for one-third share of the global market in 2016, due to advancements in packaging technology and rise in demand for single unit liquid doses.  Asia-Pacific is poised to grow at highest rate during the forecast period as large number of Pharma and biotech companies from U.S. and Europe are outsourcing their manufacturing operations due to low labor cost.