At +12% CAGR High Throughput Process Development Market To by 2023 According to new research profiling Danaher Corporation, GE Healthcare, Agilent Technologies, Merck Millipore, Thermo Fisher Scientific, Bio-Rad Laboratories, Eppendorf AG, Perkinelmer,

High-throughput process development (HTPD) platform involves an integration of miniaturization, automation, and parallelization and provides a systematic approach for time- and resource-efficient chromatography process development.
Growth in this market is mainly driven by increased R & D spending, technological advances in process development, growth in the biopharmaceutical industry, and increased pressure to lower manufacturing costs. However, factors such as the high cost of technology and equipment in the market and the lack of adequate infrastructure facilities will inhibit this market growth to some extent.

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The Global High Throughput Process Development market is projected to grow at a CAGR of +12% by 2023
This report studies the global High Throughput Process Development market and analyzes and studies High Throughput Process Development Market status and forecasts in the US, EU, Japan, China, India and Southeast Asia. This report focuses on the best players in the world market like: Danaher Corporation, GE Healthcare, Agilent Technologies, Merck Millipore, Thermo Fisher Scientific, Bio-Rad Laboratories, Eppendorf AG, Perkinelmer, Inc, Sartorius Stedim Biotech, Tecan Group Ltd.
The high throughput process development market is classified by molecular type, end user, technology, products and services, and region. Depending on the type of molecule, the market is divided into monoclonal antibodies and other (recombinant proinsulin, polysaccharide vaccine, recombinant green fluorescent protein (rGFP), fusion protein and interferon-2a). The monoclonal antibody segment has accounted for the largest share of the global market in 2017. A large share of this segment is attributed to the increased adoption of targeted immunotherapy and the increased availability of US FDA-cleared monoclonal antibodies.

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On the basis of end users, markets are classified as biopharmaceutical companies, contract research institutions and academic research institutions. The biopharmaceutical company accounted for the largest portion of the world high-throughput process development market in 2017. Meanwhile, the contract manufacturing organization is expected to be the fastest growing end-user segment in the market during the forecast period. The high R & D investment of pharmaceutical and biopharmaceutical companies is a key driver of the growth of the end-user sector of biopharmaceutical manufacturers in order to speed up drug manufacturing and increase pressure on regulators to cut production costs.

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