Press release
Bioprocess Technology Market is Projected to Reach USD 50.74 Billion by 2030: Cognitive Market Research
Bioprocess Technology Market is Projected to Reach USD 50.74 Billion by 2030: Cognitive Market Research
A bioprocess is any process that involves complete living organisms or their components (e.g., bacteria, enzymes, chloroplast) to obtain required products. Bioprocess technology encompasses a wide range of techniques, including genetic engineering, fermentation, cell culture, and downstream processing. The aim is to design, develop, and scale-up bioprocesses that are efficient, cost-effective, and environmentally sustainable. In short, Bioprocess Technology is the application of biotechnology principles to develop and optimize industrial processes for the production of biological products using living organisms or their components.
Summary:
As per the study of CMR, the Global Bioprocess Technology market stood at USD 23.41 Billion in 2022 and is likely to reach USD 50.74 Billion by 2030. The global industry is likely to grow at a CAGR of 10.3% between 2023 and 2030.
To know more about The Bioprocess Technology Market statistics click here: https://www.cognitivemarketresearch.com/bioprocess-technology-market-report
Market Dynamics:
What are the driving factors for the bioprocess technology market?
Increasing demand for bioprocess technology from pharmaceutical & healthcare industries, and increasing investments in research and development by biotechnology and pharmaceutical companies are the key driving factors for the global bioprocess technology market. For developing drugs and medicines for different diseases, pharmaceutical companies are investing in research and development activities, which propelling the growth of the market. For instance, Emcure Pharmaceuticals Ltd. has invested Rs. 1,238.33 million in 2021.
Further, continuous technological advancement in bioprocess technology can create opportunities for the global bioprocess technology market during the forecast period. However, high costs and stringent regulatory policies & high cost can hamper the growth of the market.
Bioprocess Technology Market Segmentation:
Product:
• Instruments
• Consumables & Accessories
• Cell Counters
• Others
Application:
• Antibiotics
• Biosimilar
• Recombinant Proteins
• Primary Surgical
• Monoclonal Antibodies
End-user:
• Contract Research Organizations
• Academic & Research Organizations
• Contract Manufacturing Organizations
• Biopharmaceutical Companies
• Food & Feed Industry
Competitive Analysis of Bioprocess Technology Market: Abbott Laboratories, Thermo Fisher Scientific Inc, Alere, Philips Healthcare, Dickinson and Company, Becton, Becton
Get free sample pages of the latest published Bioprocess Technology Market Report: https://www.cognitivemarketresearch.com/bioprocess-technology-market-report#request_sample
Bioprocess Technology Market Regional Analysis:
As per the CMR study, North America is the leading region for the bioprocess technology market. Growth in this region for the market is attributed to the increasing demand for superior quality biologics, increasing R& activities in the pharmaceutical sector, presence of major pharmaceutical players, and quick adoption of advanced technologies.
On the other hand, the APAC region is estimated to grow with the highest CAGR over the forecast period. The growing biopharmaceutical industries, and increasing government support for research & development activities in the pharmaceutical sectors are the driving factors for the growth of the market in this region.
Bioprocess Technology Market News:
Merck Launched BioContinuum Platform for Next-Generation Process Improvements (November 2018)
Merck, launched its new BioContinuum Platform to advance biotherapeutic drug manufacturing through improved efficiency, simplified plant operations, and greater quality and consistency.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Bioprocess Technology Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Bioprocess Technology Market Segmentation
1.5.1 Bioprocess Technology Market Regional Fragmentation
1.5.1 Bioprocess Technology Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Bioprocess Technology Market
• 3.1 Global Bioprocess Technology Market Size 2018 - 2030, (USD Million)
• 3.2 Global Bioprocess Technology Value, Absolute & Opportunity Analysis
• 3.3 Global Bioprocess Technology Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Bioprocess Technology Market Statistics 2022: Snapshot
Chapter 4 Global Bioprocess Technology Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Bioprocess Technology Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Bioprocess Technology Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Bioprocess Technology Market by End-user Segmentation Analysis (2018-2030)
Chapter 12 Global Bioprocess Technology Market Regional Analysis
Chapter 13 North America Bioprocess Technology Market Outlook (2018 - 2030)
Chapter 14 Europe Bioprocess Technology Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Bioprocess Technology Market Outlook (2018 - 2030)
Chapter 16 Latin America Bioprocess Technology Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Bioprocess Technology Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Bioprocess Technology Market TOC click here: https://www.cognitivemarketresearch.com/bioprocess-technology-market-report#table_of_contents
Related Report:
• Bioprocess Optimisation Market- https://www.cognitivemarketresearch.com/bioprocess-optimisation-market-report
• Industrial Fermenters Market- https://www.cognitivemarketresearch.com/industrial-fermenters-market-report
• Bioprocess Analyzers Market- https://www.cognitivemarketresearch.com/bioprocess-analyzers-market-report
• Microbial Bioreactors and Fermenters Market- https://www.cognitivemarketresearch.com/microbial-bioreactors-and-fermenters-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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