Press release
Filters in Downstream Processing Market Size 2021 CAGR Status, Share, Growth Prospects, Type, Manufacturers, Segments, Development Trends with Covid-19 Impact till 2027 | Repligen,3M Company,Eppendorf AG,Boehringer Ingelheim International GmbH
In the forecast period 2021-2027, the “Filters in Downstream Processing Market” study extensively describes the demand and consumption of numerous products/services related to the growth dynamics of the market. In quantitative terms, a comprehensive market assessment of the many opportunities in the market segment is carried out. The Filters in Downstream Processing market covers several areas including constraints, issues and opportunities, as well as geographic considerations. Customers will benefit from this study because it provides historical and statistically significant data, which makes it useful and informative.In accordance with the Filters in Downstream Processing marketplace is about to develop at a CAGR of 16.9% over the forecast period (2021-2027).
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Major Companies:
Repligen,3M Company,Eppendorf AG,Boehringer Ingelheim International GmbH,Corning Corporation,Lonza Group Ltd,Dover Corporation,Ashai Kasei
Recent Development:
For instance, in October 2020, Repligen Corporation entered into a definitive agreement for the acquisition of ARTeSYN Biosolutions. ARTeSYN Biosolutions is an established provider of single-use filtration and chromatography systems. The company also offers a wide product range of single-use systems for continuous manufacturing, and media/buffer preparation workflows.
3M has acquired 80 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M’s largest acquisition to date was in 2019 when it acquired Acelity for $6.7B. Its largest disclosed sale occurred in 2019 when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has been acquired in 22 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).
Market Segmentation:
By Type:
Cell Disruption
Solid-liquid Separation
Concentration
Purification by Chromatography
Formulation
By Application:
Antibiotic Production
Hormone Production
Antibodies Production
Enzyme Production
Vaccine Production
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North America dominated the market for downstream processing Market
North America dominated the market for downstream processing with the largest revenue share of 34.6% in 2020 owing to government support for promoting bioprocess technologies, rising medical expenditure, and developed healthcare infrastructure. In addition, the region has witnessed major collaborative activities with healthcare giants that are extensively investing in the R&D of biopharmaceuticals and vaccines.
In the Asia Pacific, the market for downstream processing is expected to register the highest growth rate of 17.3% due to the rising investments by developers and consumers in the field of biotechnology. The presence of a large population base is driving the need for advanced medical facilities for which players are keen on implementing rapid analytical methods to support in-process designing and bioprocessing.
China dominated the market share in the Asia Pacific owing to the growing biopharmaceutical industry and increasing demand for medicines and vaccines. The biopharmaceutical industry is amongst the most active economic sectors in China and is marked with continuous revolution with modern biopharmaceutical equipment and process.
The Global Filters in Downstream Processing Market is further categorized by region as follows:
North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
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Objectives of this report:
To estimate the market size for the Filters in Downstream Processing market on a regional and global basis.
To identify major segments in the Filters in Downstream Processing market and evaluate their market shares and demand.
To provide a competitive scenario for the Filters in Downstream Processing market with major developments observed by key companies in the historic years.
To compare key elements governing the dynamics of the Filters in Downstream Processing marketplace with their capacity gravity at some point of the forecast period.
Reasons to Buy This Report:
Provides area of interest insights for selections approximately every feasible phase supporting withinside the strategic decision-making process.
Market length estimation of the Filters in Downstream Processing marketplace on a local and international basis.
A specific studies layout for marketplace length estimation and forecast.
Identification of primary corporations running withinside the marketplace with associated developments
Exhaustive scope to cowl all of the feasible segments supporting each stakeholder withinside the Filters in Downstream Processing
Impact of COVID-19 on the Filters in Downstream Processing Market:
The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.
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