The global Tablet Hardness Testers market size was estimated at USD 242.1 million in 2021 and is expected to surpass around USD 387.0 million by 2030 and poised to grow at a compound annual growth rate (CAGR) of 4.42% during the forecast period 2022 to 2030.
Tablet Hardness Testers Market: Overview
Tablet Hardness Testers Market: Drivers
Report Scope of the Tablet Hardness Testers Market
Report Coverage |
Details |
Market Size |
US$ 387.0 Million by 2030 |
Growth Rate |
CAGR of 4.42% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Product Type, Function and Region, |
Companies Mentioned |
SOTAX, Hally Instruments, Copley Scientific, ERWEKA GmbH, Pharmatec, Torontech Inc. ,Compression Components & Service, LLC, Electronics India, Labindia-analytical, Shandong Shengtai Instrument Co. Ltd., Panomex, Inc.others |
Global Market Witnesses Revenue Opportunities amid COVID-19 Outbreak
The coronavirus pandemic and prolonged lockdown have adversely affected almost all the economic sectors, including the pharmaceutical industry. All the business activities were halted during the lockdown. Even though the pharmaceutical business was harshly affected due to disruptions in supply chain, COVID-19 has created potential opportunities for manufacturers to establish their businesses. The global tablet hardness testers market has created value-grab opportunities when the market players took several initiatives to boost the production and supply of medical instruments such as tablet hardness testers. The increasing awareness of tablet hardness testers to measure the quality of tablet amid the COVID-19 pandemic is driving the global tablet hardness testers market. The global tablet hardness testers market is creating lucrative opportunities post-pandemic due to its productivity.
Booming Pharmaceutical Industry and Profitable Manufacturers
Technological advancements in the global pharmaceutical industry is one of the major reasons anticipated to drive the global tablet hardness testers market. Manufacturers are targeting cost-effective solutions to cater to the increasing demand for tablets and medical drugs from consumers. Ongoing R&D activities in the pharmaceutical industry in order to improve the quality of products, along with innovation in tools & instrument required to test the quality parameters are positively influencing the global tablet hardness testers market. Improvements in healthcare infrastructure amid the coronavirus pandemic and increasing presence of small and medium-scale pharmaceutical manufacturers can also drive the global market.
Adoption of Fully Automatic Tablet Hardness Testers Globally
The global tablet hardness testers market is expected to expand at a CAGR of 4.42% during the forecast period. The global tablet hardness testers market is projected to reach the valuation of US$ 387.0 Mn by 2030. With the increased accuracy and efficiency in determining the tablet hardness, automatic tablet hardness testers are becoming tremendously popular across the globe. Fully automatic testers are extremely reliable in calculating accurate results. Digitalization help store and print the results automatically. The increasing need of determining the tablet disintegration fuels the growth of the global market. Factors responsible for increasing popularity of automatic tablet hardness testers are speed, automatic tablet pressing, real-time display system, and automatic lock and reset facility, etc.
Increasing Demand for Quality Control Check of Tablets
There is an increasing demand of checking quality of the tablets to reduce the risk of damage in variable environmental conditions. Being one of the most essential steps of the drug manufacturing process, market players are investing in pharmaceutical quality control tests wherein hardness and friability can be checked. Tablet should not be too hard or too soft. If the tablet is too hard, it becomes difficult to disintegrate in a given time, and if it is too soft, then it can create difficulty in coating, packaging, and shipping. Rising awareness and applications of tablet hardness testers in order to reduce the damage caused during product handling, packaging, storage, and transportation drives the global tablet hardness testers market.
Market Segmentation: Tablet Hardness Testers Market
Asia Pacific to Offer Lucrative Opportunities
Advancements in pharmaceuticals, technological growth, increasing geriatric population, and rising prevalence of cardiovascular as well as infectious diseases contribute to the market growth in Asia Pacific. Investments in R&D activities in tablet hardness testers and rising popularity of innovative tools and digital instrument to improve productivity fuel the global market growth in countries such as China and India. North America is also creating value-grab opportunities for companies and manufacturers operating in the global tablet hardness testers market. The growing demand for tablet dosage due to low cost, reliable tablet manufacturing processes, and increasing spending on healthcare boost the growth of the tablet hardness testers market in North America.
Regional Overview: Tablet Hardness Testers Market
Some of the prominent players in the Tablet Hardness Testers Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Tablet Hardness Testers market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Tablet Hardness Testers Market Study:
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Tablet Hardness Testers Market
4. Market Overview
4.1. Introduction
4.1.1. Market Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Tablet Hardness Testers Market Analysis and Forecast, 2017–2030
5. Key Insights
5.1. Technological Advancements
5.2. Key Industry Events (mergers, acquisitions, collaborations, approvals, etc.)
5.3. Market price of each machine by a manufacture (*best effort basis)
5.4. Export ratio and export destination of each manufacturer (*best effort basis)
5.5. Comparison of different tester types
5.6. COVID-19 Impact Analysis
6. Global Tablet Hardness Testers Market Analysis and Forecast, by Function
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Function, 2017–2030
6.3.1. Hardness and Thickness
6.3.2. Hardness, Diameter, Thickness
6.3.3. Hardness, Diameter, Weight, Thickness
6.3.4. Hardness, Thickness, Diameter/Length, Width, Weight
6.3.5. Thickness, Length/Diameter, Hardness, Width
6.3.6. Others
6.4. Market Attractiveness Analysis, by Function
7. Global Tablet Hardness Testers Market Analysis and Forecast, by Product Type
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Product Type, 2017–2030
7.3.1. Manual
7.3.2. Semi-automatic
7.3.3. Automatic
7.4. Market Attractiveness Analysis, by Product Type
8. Global Tablet Hardness Testers Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, by Region
9. North America Tablet Hardness Testers Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast, by Function, 2017–2030
9.2.1. Hardness and Thickness
9.2.2. Hardness, Diameter, Thickness
9.2.3. Hardness, Diameter, Weight, Thickness
9.2.4. Hardness, Thickness, Diameter/Length, Width, Weight
9.2.5. Thickness, Length/Diameter, Hardness, Width
9.2.6. Others
9.3. Market Value Forecast, by Product Type, 2017–2030
9.3.1. Manual
9.3.2. Semi-automatic
9.3.3. Automatic
9.4. Market Value Forecast, by Country, 2017–2030
9.4.1. U.S.
9.4.2. Canada
9.5. Market Attractiveness Analysis
9.5.1. By Function
9.5.2. By Product Type
9.5.3. By Country
10. Europe Tablet Hardness Testers Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Function, 2017–2030
10.2.1. Hardness and Thickness
10.2.2. Hardness, Diameter, Thickness
10.2.3. Hardness, Diameter, Weight, Thickness
10.2.4. Hardness, Thickness, Diameter/Length, Width, Weight
10.2.5. Thickness, Length/Diameter, Hardness, Width
10.2.6. Others
10.3. Market Value Forecast, by Product Type, 2017–2030
10.3.1. Manual
10.3.2. Semi-automatic
10.3.3. Automatic
10.4. Market Value Forecast, by Country/Sub-region, 2017–2030
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Market Attractiveness Analysis
10.5.1. By Function
10.5.2. By Product Type
10.5.3. By Country/Sub-region
11. Asia Pacific Tablet Hardness Testers Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Function, 2017–2030
11.2.1. Hardness and Thickness
11.2.2. Hardness, Diameter, Thickness
11.2.3. Hardness, Diameter, Weight, Thickness
11.2.4. Hardness, Thickness, Diameter/Length, Width, Weight
11.2.5. Thickness, Length/Diameter, Hardness, Width
11.2.6. Others
11.3. Market Value Forecast, by Product Type, 2017–2030
11.3.1. Manual
11.3.2. Semi-automatic
11.3.3. Fully automatic type
11.4. Market Value Forecast, by Country/Sub-region, 2017–2030
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Function
11.5.2. By Product Type
11.5.3. By Country/Sub-region
12. Latin America Tablet Hardness Testers Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Function, 2017–2030
12.2.1. Hardness and Thickness
12.2.2. Hardness, Diameter, Thickness
12.2.3. Hardness, Diameter, Weight, Thickness
12.2.4. Hardness, Thickness, Diameter/Length, Width, Weight
12.2.5. Thickness, Length/Diameter, Hardness, Width
12.2.6. Others
12.3. Market Value Forecast, by Product Type, 2017–2030
12.3.1. Manual
12.3.2. Semi-automatic
12.3.3. Automatic
12.4. Market Value Forecast, by Country/Sub-region, 2017–2030
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Market Attractiveness Analysis
12.5.1. By Function
12.5.2. By Product Type
12.5.3. By Country/Sub-region
13. Middle East & Africa Tablet Hardness Testers Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Function, 2017–2030
13.2.1. Hardness and Thickness
13.2.2. Hardness, Diameter, Thickness
13.2.3. Hardness, Diameter, Weight, Thickness
13.2.4. Hardness, Thickness, Diameter/Length, Width, Weight
13.2.5. Thickness, Length/Diameter, Hardness, Width
13.2.6. Others
13.3. Market Value Forecast, by Product Type, 2017–2030
13.3.1. Manual
13.3.2. Semi-automatic
13.3.3. Automatic
13.4. Market Value Forecast, by Country/Sub-region, 2017–2030
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Market Attractiveness Analysis
13.5.1. By Function
13.5.2. By Product Type
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Global Tablet Hardness Testers Share Analysis/ Ranking, by Company
14.2. Company Profiles
14.2.1. Veego Instruments Corporation
14.2.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.1.2. Product Portfolio
14.2.1.3. SWOT Analysis
14.2.1.4. Strategic Overview
14.2.2. SOTAX
14.2.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.2.2. Product Portfolio
14.2.2.3. SWOT Analysis
14.2.2.4. Strategic Overview
14.2.3. Hally Instruments
14.2.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.3.2. Product Portfolio
14.2.3.3. SWOT Analysis
14.2.3.4. Strategic Overview
14.2.4. CopleyScientific
14.2.4.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.4.2. Product Portfolio
14.2.4.3. SWOT Analysis
14.2.4.4. Strategic Overview
14.2.5. ERWEKAGmbH
14.2.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.5.2. Product Portfolio
14.2.5.3. SWOT Analysis
14.2.5.4. Strategic Overview
14.2.6. Pharmatec
14.2.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.6.2. Product Portfolio
14.2.6.3. SWOT Analysis
14.2.6.4. Strategic Overview
14.2.7. Torontech, Inc.
14.2.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.7.2. Product Portfolio
14.2.7.3. SWOT Analysis
14.2.7.4. Strategic Overview
14.2.8. Compression Components & Service, LLC
14.2.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.8.2. Product Portfolio
14.2.8.3. SWOT Analysis
14.2.8.4. Strategic Overview
14.2.9. Electronics India
14.2.9.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.9.2. Product Portfolio
14.2.9.3. SWOT Analysis
14.2.9.4. Strategic Overview
14.2.10. Electrolab India Pvt.
14.2.10.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.10.2. Product Portfolio
14.2.10.3. SWOT Analysis
14.2.10.4. Strategic Overview
14.2.11. Labindia-analytical
14.2.11.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.11.2. Product Portfolio
14.2.11.3. SWOT Analysis
14.2.11.4. Strategic Overview
14.2.12. Shandong Shengtai Instrument Co., Ltd.
14.2.12.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.12.2. Product Portfolio
14.2.12.3. SWOT Analysis
14.2.12.4. Strategic Overview
14.2.13. Panomex, Inc.
14.2.13.1. Company Overview (HQ, Business Segments, Employee Strength)
14.2.13.2. Product Portfolio
14.2.13.3. SWOT Analysis
14.2.13.4. Strategic Overview
14.2.14. Others