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Biomanufacturing Viral Detection & Quantification Market worth $4.71 billion by 2030, growing at a CAGR of 8.40% - Exclusive Report by 360iResearch
Biomanufacturing Viral Detection & Quantification Market | 360iResearch
The Global Biomanufacturing Viral Detection & Quantification Market to grow from USD 2.67 billion in 2023 to USD 4.71 billion by 2030, at a CAGR of 8.40%.
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The biomanufacturing viral detection and quantification market encompasses the industries and sectors involved in developing, producing, and commercializing technologies, services, and solutions for identifying and measuring viral contaminants in the biomanufacturing process. The increased investments in biopharmaceutical R&D is contributing to the market growth. The heightened awareness of product safety following high-profile contamination cases and the introduction of stringent regulatory requirements drive the business growth in the biomanufacturing viral detection & quantification market. However, the high costs of testing and the complexity of regulatory approval processes may create barriers to entry for smaller companies, affecting market competitiveness. The need for highly skilled individuals to perform and interpret complex assays adds to market space operational challenges. Moreover, developing novel viral inactivation methods and real-time viral detection technologies creates innovative opportunities in the market. The research initiative, which is directed towards standardizing assays across different platforms, creates significant growth potential in the market.
In the Americas, the United States and Canada are pivotal markets for biomanufacturing viral detection and quantification. These Americas region is characterized by advanced healthcare systems, high per capita healthcare spending, and stringent regulatory environments that govern the safety and efficacy of biologics. In the European countries, the biomanufacturing sector is advanced with a strong emphasis on innovation, quality, and safety. Customers in this EMEA region are keen on adopting state-of-the-art viral detection technologies that align with the stringent EU regulatory frameworks. The Middle East shows promising growth with increased healthcare investments and a rising demand for biopharmaceuticals. The market for viral detection and quantification in the Middle East region is nascent, with a growing consumer need for quality assurance in locally produced and imported biologics. The Asia Pacific region is experiencing surge in the biomanufacturing domain, due to robust economic growth, increasing healthcare expenditures, and growing technological adoption. The demand for viral detection and quantification solutions is driven by the burgeoning vaccine production sector and export market in the APAC region, with customers showing a preference for cost-effective yet reliable technologies.
Market Segmentation & Coverage:
This research report categorizes the Biomanufacturing Viral Detection & Quantification Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Offering Type, market is studied across Consumables, Instruments, and Services. The Consumables is further studied across Accessories and Kits & Assays. The Consumables is projected to witness significant market share during forecast period.
Based on Technology, market is studied across Enzyme-Linked Immunosorbent Assay, Flow Cytometry, Plaque Assay, and Polymerase Chain Reaction. The Polymerase Chain Reaction is projected to witness significant market share during forecast period.
Based on Application, market is studied across Blood & Blood Products Manufacturing, Cellular & Gene Therapy Products Manufacturing, Stem Cell Products Manufacturing, Tissue & Tissue Products Manufacturing, and Vaccines & Therapeutics Manufacturing. The Cellular & Gene Therapy Products Manufacturing is projected to witness significant market share during forecast period.
Based on End User, market is studied across CROs & CDMOs, Life Science Companies, and Testing Laboratories. The Testing Laboratories is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.52% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Biomanufacturing Viral Detection & Quantification Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Biomanufacturing Viral Detection & Quantification Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Biomanufacturing Viral Detection & Quantification Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., BASF SE, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., bioMerieux SA, Charles River Laboratories, Danaher Corporation, Genscript Biotech Corporation, Hamilton Company, Illumina, Inc., LG Chem, Ltd., Lonza Group Ltd., Merck KGaA, New England Biolabs, Norgen Biotek Corp., Oxford Nanopore Technologies PLC, PerkinElmer, Inc., Promega Corporation, QIAGEN N.V., Recipharm AB, Sartorius AG, Shimadzu Corporation, Takara Bio Inc., Thermo Fisher Scientific Inc., Thomas Scientific LLC, and Zymo Research Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Biomanufacturing Viral Detection & Quantification Market, by Offering Type
7. Biomanufacturing Viral Detection & Quantification Market, by Technology
8. Biomanufacturing Viral Detection & Quantification Market, by Application
9. Biomanufacturing Viral Detection & Quantification Market, by End User
10. Americas Biomanufacturing Viral Detection & Quantification Market
11. Asia-Pacific Biomanufacturing Viral Detection & Quantification Market
12. Europe, Middle East & Africa Biomanufacturing Viral Detection & Quantification Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Biomanufacturing Viral Detection & Quantification Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Biomanufacturing Viral Detection & Quantification Market?
3. What is the competitive strategic window for opportunities in the Biomanufacturing Viral Detection & Quantification Market?
4. What are the technology trends and regulatory frameworks in the Biomanufacturing Viral Detection & Quantification Market?
5. What is the market share of the leading vendors in the Biomanufacturing Viral Detection & Quantification Market?
6. What modes and strategic moves are considered suitable for entering the Biomanufacturing Viral Detection & Quantification Market?
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