Size reduction is the process of decreasing particle size of a substance through various mechanisms such as cutting, compression, impact, and attrition, which enhances applications in pharmaceuticals by improving drug solubility and absorption. Factors influencing size reduction include material hardness, toughness, abrasiveness, and moisture content, alongside the energy laws governing the process. Various equipment types like hammer mills, roller mills, colloid mills, and ball mills are utilized, each with specific advantages and disadvantages depending on the material and desired outcome.