Bioprocessing Analytics Equipment Market: APECJ to Remain Most Lucrative Regional Market Through 2028

A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Bioprocessing Analytics Equipment Market: APECJ to Remain Most Lucrative Regional Market Through 2028: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.

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Bioprocessing analytics equipment are defined as a bio-analytical instruments used for bioprocess monitoring and fermentation control in biopharmaceutical production process. Bioprocessing Analytics Equipment are used to analyse the bioprocess constituents such as glucose, lactate, glutamate, ammonium, potassium and others.

For example, cell culture bioprocessing analytics equipment, bio-analysers, biochemistry bioprocessing analytics equipment (for bioprocess use) & bioprocessing analytics equipment. The report includes only the Bioprocessing Analytics Equipment used in industrial application.

According to the FDA, osmometer is a device intended to measure the osmotic pressure of body fluids. Osmotic pressure is the pressure required to prevent the passage of a solution with a lesser solute concentration into a solution with greater solute concentration when the two solutions are separated by a semipermeable membrane. The concentration of a solution affects its osmotic pressure, freezing point, and other physiochemical properties. Osmometers determine osmotic pressure by methods such as the measurement of the freezing point.

Bioprocessing Analytics Equipment Market Value and Forecast

The global bioprocessing analytics equipment market is estimated to be valued at US$ 406.5 Mn in 2018 and is expected to expand at a CAGR of 4.5% over the forecast period (2018–2028) to reach US$ 633.6 Mn by 2028 end.

Bioprocessing Analytics Equipment Market Dynamics

Cell-based bioprocesses are extensively utilized for therapeutics protein production. Manual monitoring of such bioprocess is a labour-intensive process and can lead to errors in the production process. Due to rapid advancements in technology, manufacturers have developed integrated multi-functional bioprocessing analytics equipment that combine the functionality of different single bioprocessing analytics equipment (e.g., cell counters, osmometers, nutrient/electrolyte/metabolite bio-profile bioprocessing analytics equipment) into one technologically enabled novel sampling system to analyse the culture medium automatically. The integration of multiple functionality allows feedback control of parameters and reduces error rates in bioprocessing. It is expected to fuel the growth of bioprocessing analytics equipment market.

R&D is a capital-intensive sector due to the long process of developments and approval cycles. It has been observed that there has been an increase in the number of new drugs entering the market as approvals by regulatory bodies have increased in the recent past. In addition, regulatory authorities have also undertaken a number of steps to enhance their first action approval rate. This step would help the FDA to provide fast access to innovative therapies to accelerate the research activities. To improve the output of the bioprocessing manufacturing process, companies are emphasizing on analytical quality-by-design (AQbD) methods and this is expected to boost the growth of the bioprocessing analytics equipment market.

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Bioprocessing Analytics Equipment Market Segmentation by Product Type

Based on product type, the global bioprocessing analytics equipment market is segmented into osmometers and bioprocessing analytics equipment. Osmometers product type segment is expected to witness higher market share in terms of value in the global bioprocessing analytics equipment market over the forecast period.

Bioprocessing Analytics Equipment Market Segmentation by Application

Based on application, the global bioprocessing analytics equipment market is segmented into clinical application and industrial application. The clinical application segment is expected to witness higher growth rate in terms of CAGR in the global bioprocessing analytics equipment market over the forecast period.

Bioprocessing Analytics Equipment Market Segmentation by End Users

Based on end users, the bioprocessing analytics equipment market is segmented into biopharmaceutical companies, contract research organizations (CROs), contract manufacturing organizations (CMOs) and academics & research institutes. Currently, the biopharmaceutical companies segment accounts for relatively higher revenue share, followed by other segments in bioprocessing analytics equipment market.

Key Regions

The global bioprocessing analytics equipment market is segmented into eight major regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (Asia-Pacific excluding China & Japan), China, Japan and the Middle East & Africa (MEA). In terms of value, North America is expected to be the dominant regional bioprocessing analytics equipment market by 2018 end and is expected to expand at a CAGR of 3.3 % over the forecast period. China and APEJC are expected to be the fast-growing markets in terms of revenue growth in the global bioprocessing analytics equipment market, registering CAGRs of 5.9% and 5.6%, respectively, over the forecast period.

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