Report cover image

Bioprocess Technology Market: Current Analysis and Forecast (2022-2028)

Publisher UnivDatos Market Insights
Published Jan 11, 2022
Length 145 Pages
SKU # Univ17631610

Description

Bioprocess Technology Market: Current Analysis and Forecast (2022-2028)

The term "bioprocess technology" refers to the industrial use of biological processes utilizing living cells or their constituent parts to achieve desired substrate transformation. The main benefits of using bioprocesses over conventional chemical ones are that they produce renewable by-products, need mild reaction conditions, and are more focused and efficient (biomass). In recent years, the potential of bioprocesses has increased and been broadened with the emergence of recombinant DNA technology. Rising investments in bioprocess technology are estimated to drive market growth during the forecasted period. For instance, In Feb 2022, Thermo Fisher Scientific announced to invest US$ 40 Million in bioprocess technology to support the rising production of single-use technology for critical vaccines and biologics, with an aim of ensuring the continuous supply of products.

The Bioprocess Technology Market is expected to grow at a steady rate of around 10.8% owing to the increasing incidences of infectious diseases coupled with the continuous development in bioprocess technology. Major companies in the bioprocess technology market are focusing on the development of advanced instruments for improving the efficiency of bioprocessing. For instance, In March 2019, Merck KGaA launched the BioContinuum Buffer Delivery Platform, which is more efficient for next-generation bioprocessing.
  • Based on type, the market is segmented into Consumables & Accessories, and Instruments. The instrument segment is expected to witness higher CAGR during the forecast period owing to the increasing adoption of advanced products including bioprocessor analyzers, gas analyzer, bioreactors etc. Furthermore, the entry of global players into emerging markets adds to the growth of the market. For instance, In October 2022, Univercells Technologies launched Scale-X™ cell collect module, with an aim of assisting the inoculation step for large-scale bioreactors leveraging the principles of automation and intensification.
  • On the basis of Application type, the market is categorized into biopharmaceuticals, specialty products & industrial chemicals, and environmental management aid. Among these, the biopharmaceuticals to hold a significant share of the market in 2021. This is mainly due to the rising demand of biotechnology products including pharmaceuticals, foods, flavors, and chemicals. In addition to this, increasing investment in biotechnology companies is also responsible for the increasing market share of biopharmaceuticals.
  • Based on End-User, the bioprocess technology market has been classified into hospitals, research centers, and research/academic institutes. The research centers segment is to witness higher adoption of bioprocess technology during the forecast period. This is mainly due to the rising research and development in the pharmaceutical and biotechnology sector along with the increasing acquisition and partnerships in this sector. For instance,in July 2020, Sartorius AG, a leading provider of contract testing services to the biotechnology and biopharmaceutical industries, bought a majority share in CellGenix.
  • For a better understanding of the market adoption of the bioprocess technology, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing prevalence of infectious diseases coupled with the continuous development in bioprocess technology. Moreover, the increasing demand of novel drug therapies is also rising the need of bioprocess technologies, which is further expected to support the market growth. Also, major players have their presence in the leading countries and also focus on investment in regional companies. For instance, In october 2022, Sartorious announced to invest US$ 265 Million in bioprocess technology in Korea by the end of the year 2024.
  • Some of the major players operating in the market include Hoffmann-La Roche Ltd., Abbott Laboratories, Danaher, Lonza, Thermo Fisher Scientific Inc., Siemens Healthineers, GE Healthcare, Eppendorf AG, Sartorious, and Advanced Instruments.

Table of Contents

145 Pages
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Bioprocess Technology Market
2.2. Research Methodology of the Bioprocess Technology Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE BIOPROCESS TECHNOLOGY MARKET
6 BIOPROCESS TECHNOLOGY MARKET REVENUE (USD BN), 2020-2028F
7 MARKET INSIGHTS BY TYPE
7.1. Consumables & Accessories
7.1.1. Culture Media
7.1.2. Reagents
7.1.3. Others
7.2. Instruments
7.2.1. Bioprocess Analyzer
7.2.2. Blood Gas Analyzer
7.2.3. Osmometers
7.2.4. Cell Counter
7.2.5. Incubators
7.2.6. Bioreactors
7.2.7. Others
8 MARKET INSIGHTS BY APPLICATION TYPE
8.1. Biopharmaceuticals
8.2. Specialty Products & Industrial Chemicals
8.3. Environmental Management Aid
9 MARKET INSIGHTS BY END USER
9.1. Hospitals
9.2. Research Centers
9.3. Research / Academic Institutes
10 MARKET INSIGHTS BY REGION
10.1. North America
10.1.1. U.S.
10.1.2. Canada
10.1.3. Rest of North America
10.2. Europe
10.2.1. Germany
10.2.2. U.K.
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Rest of Asia-Pacific
10.4. Rest of World
11 BIOPROCESS TECHNOLOGY MARKET DYNAMICS
11.1. Market Drivers
11.2. Market Challenges
11.3. Impact Analysis
12 BIOPROCESS TECHNOLOGY MARKET OPPORTUNITIES
13 BIOPROCESS TECHNOLOGY MARKET TRENDS
14 DEMAND AND SUPPLY-SIDE ANALYSIS
14.1. Demand Side Analysis
14.2. Supply Side Analysis
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
16.1. Competitive Landscape
16.1.1. Porters Fiver Forces Analysis
17 COMPANY PROFILED
17.1. Hoffmann-La Roche Ltd.
17.2. Abbott Laboratories
17.3. Danaher
17.4. Lonza
17.5. Thermo Fisher Scientific Inc.
17.6. Siemens Healthineers
17.7. GE Healthcare
17.8. Eppendorf AG
17.9. Sartorious
17.10. Advanced Instruments
18 DISCLAIMER

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us