Separation Systems for Commercial Biotechnology Market: Set to Explode and Reach US$ 36.1 Billion by 2028

IMARC Group, a leading market research company, has recently releases report titled "Separation Systems for Commercial Biotechnology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global separation systems for commercial biotechnology market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the Global Separation Systems for Commercial Biotechnology Market?

The global separation systems for commercial biotechnology market size reached US$ 25.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.94% during 2023-2028.

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What is Separation Systems for Commercial Biotechnology?

Separation systems play a pivotal role in the development and production of various biopharmaceuticals, biofuels, and biochemicals. They rely on environment friendly techniques, such as chromatography, using recyclable resins and low-waste methods, which not only aligns with sustainable practices but also reduces the environmental footprint of biotechnology processes. They are instrumental in isolating, purifying, and characterizing biomolecules, and they aid in ensuring the quality, safety, and efficacy of biotechnological products. They are crucial in achieving compliance with strict regulatory standards by providing consistent and traceable purification processes. They are adaptable to varying production scales, whether at a laboratory scale or manufacturing at an industrial level. They assist in achieving high levels of purity in bioproducts, which is crucial for ensuring the safety and efficacy of biopharmaceuticals, as even trace impurities can have adverse effects on patients. They optimize the recovery of valuable biomolecules from complex mixtures, leading to higher yields of bioproducts, which is essential for cost-effective production. They can process large volumes of materials quickly and reliably, reducing production time and costs. They reduce the need for extensive downstream processing, lower the consumption of costly reagents, and minimize product loss. As they are versatile and can be tailored according to specific processes, such as isolating proteins, nucleic acids, or other biomolecules, the demand for separation systems for commercial biotechnology is rising across the globe.

Global Separation Systems for Commercial Biotechnology Market Trends and Drivers:

At present, the increasing demand for biopharmaceuticals worldwide represents one of the key factors supporting the growth of the market. Biologics, including monoclonal antibodies, vaccines, and recombinant proteins, are gaining traction in the pharmaceutical industry. Separation systems are essential for the purification and isolation of these complex biomolecules, ensuring product quality and safety. Besides this, advancements in separation technologies, such as novel chromatographic resins, membrane filtration techniques, and high-throughput systems, are enhancing the efficiency and productivity of separation processes, which is impelling the growth of the market. In addition, the growing focus on renewable energy sources is leading to an expansion in the biofuel industry. Separation systems are critical for the extraction and purification of biofuels from feedstocks like algae, plant biomass, and waste oils. As governing agencies of several countries are investing in sustainable energy solutions, the demand for separation systems is rising around the world. Apart from this, the growing utilization of bioprocess intensification to achieve higher productivity and reduced production costs is catalyzing the demand for advanced separation systems. Integrated and continuous biomanufacturing processes require efficient separation techniques to streamline production while maintaining product quality. Moreover, stringent regulatory requirements in the biotechnology sector necessitate precise and consistent purification processes. Separation systems play a pivotal role in ensuring compliance with quality and safety standards. As a result, biotech companies are investing in state-of-the-art separation technology to meet regulatory expectations.

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Global Separation Systems for Commercial Biotechnology Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Agilent Technologies Inc., Becton Dickinson and Company, Bio-Rad Laboratories Inc., Hitachi Ltd., Merck KGaA, Pall Corporation (Danaher Corporation), PerkinElmer Inc., Qiagen N.V, Repligen Corporation, Sartorius AG, Shimadzu Corporation and Thermo Fisher Scientific.
The report segmented the market on the basis of region, methods and application.
Breakup by Methods:

• Modern Methods
o Microarray
o Lab-on-a-Chip
o Magnetic Separation
o Others
• Conventional Methods
o Chromatography
o Flow Cytometry
o Membrane Filtration
o Others

Breakup by Application:

• Pharmaceutical
o Vaccines
o Proteins
o Hormones and Insulin
o Enzymes
o Human Blood Plasma Fractionation
o Mammalian Cell Cultures
• Food and Cosmetics
• Agriculture
• Others

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.