Press release
Bioprocess Technology Market - Upcoming Trends Analysis 2021-2031
Bioprocess Technology Market: IntroductionAccording to the report, the global bioprocess technology market was valued at US$ 22.4 Mn in 2020 and is projected to expand at a CAGR of 8.3% from 2021 to 2031. Bioprocess technology has witnessed significant demand in the pharma sector due to rise in prevalence of cancer and other chronic diseases.
Get Sample of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19445
It is a significant process, which uses living cells. It consists of two key processes: upstream and downstream. Biological, engineering, and mathematical processes are pooled to achieve bioprocessing activities such as biocatalysts, design of bioreactors substrates, and media production.
Rise in Demand for Biopharmaceuticals and Outsourcing
The increase in number of CMOs, CROs, and CDMOs is expected to drive the single-use bioprocessing industry. This can be attributed to rise in number of CMOs that have small flexible facilities and are beginning to rely on single-use equipment in their operations. This, in turn, is projected to boost the growth of the global bioprocess technology market.
Read Report Overview @ https://www.transparencymarketresearch.com/bioprocess-technology-market.html
The rise in the geriatric population drives the prevalence/incidence rate of various disorders and diseases. Biopharmaceuticals outsourcing addresses the unmet medical needs among patients. This has led to a surge in usage of bioprocessing systems with better process efficiency and throughput. It also provides an advantage over easy and better regulatory compliance process.
Consumables & Accessories Segment to Lead Global Market
In terms of product, the global bioprocess technology market has been bifurcated into consumables & accessories and instruments. Consumables & accessories is expected to be a highly lucrative segment during the forecast period. Rise in prevalence of chronic and acute diseases boosts the demand for advanced vaccine and medication development. This is anticipated to drive the segment.
The instruments segment held small share of the global market in 2020. Increase in usage of advanced bioprocess instruments in research & development of life saving drugs drives the segment.
Get Customization Research on this Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=19445
Recombinant Proteins to be Highly Lucrative Segment
Based on application, the global bioprocess technology market has been divided into biosimilar, monoclonal antibodies, recombinant proteins, and antibodies. The recombinant proteins segment accounted for major share of the global market in 2020. Rise in acute and chronic diseases globally propels the demand for advanced protein therapeutics for treatment. Surge in demand for proteins and vaccines has induced biotechnology and pharmaceutical companies to increase production and research studies.
Biopharmaceutical Companies Segment to Dominate Market
In terms of end-user, the global bioprocess technology market has been divided into biopharmaceutical companies, contract manufacturing organizations, contract research organizations, food & feed industry, and academic research organizations. Biopharmaceutical companies are aware of the benefits of the single-use bioprocessing technology and are adopting hybrid systems in their facilities. However, new biopharmaceutical facilities opened as a part of expansion are adopting single-use systems than the existing ones.
Get Discount on the Latest Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=19445
North America to Dominate Bioprocess Technology Market
In terms of region, the global bioprocess technology market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global bioprocess technology market in 2020, followed by Europe. Single-use technologies have expanded at a higher rate as an alternative to permanent reusable stainless steel fermenters. Single-use technologies deliver technological advancements and cost-effective technologies owing to growing capacities and capabilities. Disposable systems are usually preferred in early stage development; however, stainless steel bioreactors are extensively utilized for full-scale production in the bioprocess technology market in North America.
The market in Europe is driven by the expansion of the biopharmaceutical industry and rise in demand for different products such as antibiotics, biosimilars, and monoclonal antibodies.
Asia Pacific is home to rapidly developing economies due their outsized population. Moreover, rise in awareness about bioprocess technology devices and increase in demand for consumables augments the market in the region.
Make an Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=19445
Competition Landscape of Bioprocess Technology Market
The global bioprocess technology market is fragmented due to presence of large number of players. Key players operating in the global market include Thermo Fisher Scientific, Inc., Siemens Healthineers, GE Healthcare (General Electric Company), Sartorius AG, Becton, Dickinson and Company, Danaher Corporation, Eppendorf AG, Lonza, Advanced Instruments, Nova Biomedical, and F. Hoffmann-La Roche Ltd.
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bioprocess Technology Market - Upcoming Trends Analysis 2021-2031 here
News-ID: 2762197 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for America
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Masterbatches Market Study by Region (North America, Latin America, Europe, Asia …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Masterbatches market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
