The latest market report published by Credence Research, Inc. “Global Downstream Bio-processing Controllers’ Market: Growth, Prospects, and Competitive Analysis, 2016 – 2030”. The global Downstream Bio-processing Controllers’ Market generated revenue of around USD 849.5 million in 2022 and is anticipated to grow a CAGR of over 17.30% during the forecast period from 2017 to 2030 to reach around USD 2212.84 million in 2030.
Downstream processing is the recovery and purification of biosynthetic goods, for pharmaceutical products, from their natural states, such as broth, plant, and animal tissues. The primary driver for the global downstream bio-processing controllers’ market is the rising medical research investments, which are expected to grow with the biopharmaceutical sector. Rising R&D activities among the prominent players and continuous adoption of downstream controllers within various systems such as multicomponent separations, perfusion chromatography systems, high-throughput process development, and high-resolution membrane systems. These factors are expected to fuel the growth of the global downstream bio-processing controllers’ market.
The global downstream bio-processing controllers’ market is bifurcated into Procedure, Product, Application, End Users, and Geography. Based on procedure, the market is categorized into tangential flow filtration and chromatography. Based on product, the global market is segmented into tangential flow filtration and chromatography. Based on application, the market can be categorized into commercial bioprocessing and research bioprocessing. Based on end user, the market can be split into pharmaceutical & biotechnology companies, contract manufacturing organizations, and academic & research institutes. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
In 2021, North America occupied the largest market share in the downstream bio-processing controllers’ market. Factors such as rising medical expenditure and the presence of developed healthcare infrastructure are expected to fuel the market’s growth in the region. Additionally, the presence of prominent players in the region and an increasing number of major collaborations with healthcare giants will propel market growth. The United States will contribute the largest share in the incremental market growth owing to the growing biopharmaceutical industry and high demand for medicines & vaccines.
The Downstream Bio-processing Controllers market report provides an analysis of the opportunities in the market for stakeholders. The report segments the market on the basis of application, product type, and geography. It also covers the drivers and restraints of the market.
The scope of this study covers the revenue generated from the sales of Downstream Bio-processing Controllers globally. The market is segmented by application into laboratory and process control. Process control is further divided into fermentation, chromatography, and others. Fermentation is sub-segmented into mammalian cell culture and microbial fermentation. Chromatography is further divided into ion exchange, gel filtration, reverse osmosis, and others. Laboratory is further divided into academic & research institutes and pharmaceutical & biotechnology companies.
Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global downstream bio-processing controllers’ by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2017-2021, base year- 2022, and forecast period 2017-2030.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth analysis of the global downstream bio-processing controllers’ segmentation based on products, procedures, applications, end user, and regional integration.
- The global downstream bio-processing controllers’ report also includes analysing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.