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Bioprocess Technology Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Bioprocess Technology Market
Bioprocess Technology Market Size, Growth Rate, And Forecast
The global bioprocess technology market size is expected to grow from $18.70 billion in 2022 to $21.90 billion in 2023 at a compound annual growth rate (CAGR) of 17.1 %. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bioprocess technology market size is expected to reach $39.16 billion in 2027 at a CAGR of 15.6%.
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Bioprocess Technology Market Drivers
Growing demand from healthcare industries is expected to propel the growth of the bioprocess technology market going forward. Healthcare industries refer to companies or organizations that provide medical and healthcare-related products, services, and technologies. Bioprocess technology uses living cells such as those from bacteria or mammals to produce therapeutic proteins, vaccines, and other biologics that support the manufacturing of biopharmaceuticals and other healthcare products.
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Bioprocess Technology Market Segments
• By Type: Cell Culture, Cell Expansion, Flow Cytometry, Cell Line Development, Virus Infiltration
• By Application: Biopharmaceuticals, Specialty Products, Industry Chemicals, Environment Management Aid
• By End User: Hospitals, Research labs, Medical Institutions, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the bioprocess technology market.
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Bioprocess Technology Market Key Players
Major competitors in the bioprocess technology market include Sartorius AG, Danaher Corporation, Thermo Fisher Scientific Inc., Lonza Group AG, F. Hoffmann-La Roche Ltd., Becton, Dickinson, and Company, Merck KGa, GE Healthcare (General Electric Company), Eppendorf AG, Bio-Rad Laboratories, Alere Inc., Fujifilm Healthcare Americas Corporation.
The Business Research Company's "Global Bioprocess Technology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Bioprocess Technology Market Include:
1. Executive Summary
2. Bioprocess Technology Market Characteristics
3. Bioprocess Technology Market Trends And Strategies
4. Bioprocess Technology Market - Macro Economic Scenario
5. Bioprocess Technology Market Size And Growth
……
26. Africa Bioprocess Technology Market
27. Bioprocess Technology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bioprocess Technology Market
29. Bioprocess Technology Market Future Outlook and Potential Analysis
30. Appendix
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