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Flexibility and Functionality Drive Pharma Industry Machine Purchases for Both New and Replacement Lines

A Study released last Fall by PMMI Business Intelligence predicts 66% of the respondents plan to increase spending on acquisition of packaging equipment.

Pharma packaging machinery purchasing plans
Pharma packaging machinery purchasing plans

While almost 82% of pharma companies interviewed predict sourcing new packaging equipment in the next 12-24 months, replacing legacy lines is also driving growth with 41% of respondents saying it’s time to update older packaging lines for better efficiencies.

These new machines will feature new functionality for increased production like remote monitoring and diagnostics, modularity, multiple configuration changes and IIoT data management.

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Researched List: Blister Machines for Life Sciences
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Researched List: Blister Machines for Life Sciences