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Global Bioprocess Technology Market Synopsis

Feb. 12, 2019

Global Bioprocess Technology Market Synopsis, By Product Type (Instruments (Bioprocess Analyzers, Blood Gas Analyzers, Osmometers, Bioreactors, Cell Counter Systems, and Incubators) and Consumables & Accessories (Culture Media and Reagents), By Application (Recombinant Proteins, Antibiotics, and Monoclonal Antibodies & Biosimilars), By End User (Academic Research Institutes, Food & Feed Industry, Contract Manufacturing Organizations, Biopharmaceutical Companies, and Contract Research Organizations), By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)- Global Forecast, 2020-2025.

Report Code :FMR487      
Industry : Biotechnology
Pages :215 Pages
Format :   PPT Format   PDF Format

The global bioprocess technology market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020 and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020-2025). Bioprocess technology is determined as an essential factor of biotechnology that deals with process and methods combining the whole living components with nutrients to make special reagents, biotherapeutics, and chemicals. There are several stages linked with the bioprocess technology that includes downstream processing, final processing, biocatalysts, purification, substrates & media, and volume production. The rise in the growth of the biopharmaceutical products leads to thrive the demand for the bioprocess technology market.

Table 1. Global Bioprocess Technology Market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Product Type)

Instruments (Bioprocess Analyzers, Blood Gas Analyzers, Osmometers, Bioreactors, Cell Counter Systems, and Incubators) and Consumables & Accessories (Culture Media and Reagents)

Market Segmentation (By Application)

Recombinant Proteins, Antibiotics, and Monoclonal Antibodies & Biosimilars

Market Segmentation (By End User)

Academic Research Institutes, Food & Feed Industry, Contract Manufacturing Organizations, Biopharmaceutical Companies, and Contract Research Organizations

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa

Key Players Coverage

Dickinson & Company, Philips Healthcare, Inc., Abbott Laboratories, Alere, Thermo Fisher Scientific, Lonza, Becton, Sartorius AG, Siemens Healthineers, F. Hoffmann-La Roche AG, Advanced Instruments, GENERAL ELECTRIC, Nova Biomedical, and Danaher Corporation, among others

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

The former period of rapid treatment and developed technology has thrived the demand for the bioprocess technology market. The Bioprocessing 4.0 has raised the need for the advance technology, products, and services in the pharmaceutical industry. For instance, in March 2020, Millipore Sigma acquired the ProcessPad data management and analysis platform which includes advanced data & process analytics, automation platforms, facilities, operators, and interconnected bioprocessing systems for real time process reporting and monitoring.

The new launches related to the bioprocess technology in the pharmaceutical industry owing to the rise in the technological advancement in the treatment of the patients is anticipated to escalate the growth of the market. The key players of the market are engaging towards the huge contribution to the bioprocess technology and expanding their global network. For instance, in May 2020, Univercells Technologies introduced a new bioprocess subsidiary which helps to develop the product portfolio of the company and explore new technology developments with the growth in the cell and gene therapy market.

However, integrating downstream and upstream bioprocessing is the key factor expected to hinder the growth of the bioprocess technology market over the forecast period.

Figure 1. Bioprocess Technology Market Scenario Forecast (Likely, Conservative, and Optimistic Scenario), 2019and 2025 (US$ Mn)

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

The rising awareness in the advancement of healthcare technology and rapid development of the pharmaceutical industry has been projected to pave lucrative growth opportunity to the North America region. The rise in the development of the new procedure and techniques by the leading companies is also expected to surge the growth of the bioprocess technology market. For instance, in March 2018, the company Sartorius AG announced a launch of ambr 250 HT perfusion system for cell culture process development at the conference of BPI West 2018 in San Francisco, U.S.

Asia-Pacific is anticipated to witness a significant growth of the bioprocess technology market owing to the rising initiatives taken by the companies and organizations to launch the new laboratories in the region for developing the technology and methods. [gauri5] . For instance, in May 2017, Millipore Sigma entered into the collaboration with Stelis Biopharma to launch joint bioprocess scale-up laboratory in India. This leads to the outgrowth of the bioprocess technology market.

Figure 2. Regional Analysis

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players in the global bioprocess technology market include Dickinson & Company, Philips Healthcare, Inc., Abbott Laboratories, Alere, Thermo Fisher Scientific, Lonza, Becton, Sartorius AG, Siemens Healthineers, F. Hoffmann-La Roche AG, Advanced Instruments, GENERAL ELECTRIC, Nova Biomedical, and Danaher Corporation, among others

Vendors and manufacturers of the bioprocess technology market are adopting innovative strategies such as product launch, investment, etc. to raise their global presence. For instance, in February 2018, Advanced Instruments company introduced Osmo 1 single cell micro osmometer that helps to reduce the risk of loss of sample, lower down the sample turnaround time, and increase the efficiency.

Furthermore, in April 2015, the company F. Hoffmann-La Roche Limited launched Cedex bioprocess analyzer for the manufacturing of vaccine.  

Figure 3. Market Share of Key Players, 2019

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

By Product Type

  • Instruments
  • Bioprocess Analyzers
  • Blood Gas Analyzers
  • Osmometers
  • Bioreactors
  • Cell Counter Systems
  • Incubators
  • Consumables & Accessories
  • Culture Media
  • Reagents

By Application

  • Recombinant Proteins
  • Antibiotics
  • Monoclonal Antibodies & Biosimilars

By End User

  • Contract Manufacturing Organizations
  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Academic Research Institutes
  • Food & Feed Industry

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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Note: This report provides in-depth analysis of the global bioprocess technology market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global bioprocess technology market?
  • What key factors are expected to increase the demand for global bioprocess technology market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global bioprocess technology market?
  • What is the total market value (US$ Mn) generated in global bioprocess technology market by product type in 2019, and what are the forecasts by 2025?
  • Which application is expected to dominate the bioprocess technology market in the coming years?
  • Which end user contribute highest CAGR (%) in the bioprocess technology market?
  • What was the total revenue generated by the global bioprocess technology market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing the growth of the global bioprocess technology market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the global bioprocess technology market?
  • What new products going to be approved or launched in the coming years which may have huge impact in the market?
  • What insights are deriving through the analysis of key players on following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?

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