Le Lézard
Classified in: Ebola virus, Health, Science and technology, Covid-19 virus
Subject: MRR

Bioprocess Technology Market to record USD 55.84 Bn growth -- Evolving Opportunities with Advanced Instruments LLC and Becton Dickinson and Co.


NEW YORK, Sept. 7, 2022 /PRNewswire/ -- The "Bioprocess Technology Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 55.84 billion between 2021 and 2026, expanding at a CAGR of 12.27% during the forecast period. The report considered various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample Report Here

The market is driven by the increase in infectious diseases. In addition, increasing clinical trials in countries is anticipated to boost the growth of the bioprocess technology market.

The prevalence of infectious diseases is increasing at a faster rate due to the growing global population. In addition, the rapid spread of global pandemics such as Ebola, SARS, swine flu, Zika, and Lassa fever created high demand for vaccines and drugs to treat the cause. This led to the R&D of antiviral drugs, cell-based therapies, and vaccines using cell culture methods. For instance, in July 2021, Cytiva and Pall Corp. announced its capacity expansion plan to increase the manufacture of key products used to make biologic medicines. New sites are opening in the US and the UK to address regional manufacturing models. Many such investments are expected to drive the growth of the global bioprocess technology market during the forecast period.

Vendor Landscape:

The global bioprocess technology market is fragmented due to the presence of several well-established players. Major players are focusing on investing in R&D to develop new products. Vendors are also involved in M&A to gain a competitive edge in the market. The immense growth opportunities in the market, which include the application of bioprocess biotechnology, will increase competition among vendors.

Technavio identifies the following as the key players in the market:

The report segments the global bioprocess technology market by end-user (biopharmaceutical companies, contract manufacturing organizations, academic research institutes, and others) and geography (North America, Europe, Asia, and Rest of World (ROW)).

Bioprocess Technology Market End-user Outlook (Revenue, USD bn, 2021-2026)
Bioprocess Technology Market Geography Outlook (Revenue, USD bn, 2021-2026)

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request Sample Report Here

Related Reports:

Bioprocess Technology Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.27%

Market growth 2022-2026

USD 55.84 billion

Market structure

Fragmented

YoY growth (%)

11.69

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 42%

Key consumer countries

US, Germany, UK, France, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advanced Instruments LLC, Becton Dickinson and Co., Boehringer Ingelheim International GmbH, Catalent Inc., Charles River Laboratories International Inc., Corning Inc., Dover Corp., Emerson Electric Co., Fujifilm Diosynth Biotechnologies USA Inc., General Electric Co., Koninklijke Philips NV, Lonza Group Ltd., Merck KGaA, Nova Biomedical Corp., Repligen Corp., Sartorius AG, STADA Arzneimittel AG, Thermo Fisher Scientific Inc., Univercells SA, and Eppendorf AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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