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Bioprocess Technology Market Size Expected to Reach US$ 53.7 Bn by End of 2031, as per TMR Analysis

03-06-2024 09:00 AM CET | Health & Medicine

Press release from: Transparency Market Research

Bioprocess Technology

Bioprocess Technology

The global ๐›๐ข๐จ๐ฉ๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ reached US$ 22.4 billion in 2020 and is projected to grow at a CAGR of 8.3% from 2021 to 2031, reaching US$ 53.7 billion by 2031.

Manufacturers are leveraging government stimulus packages amidst the COVID-19 pandemic. Opportunities in genetic-level treatment for chronic diseases are emerging, driving innovation in cell and DNA-level therapies to enhance patient life expectancy. While disposable systems are favored in early-stage development, stainless steel bioreactors remain prevalent for full-scale production in North America. In Europe, demand for products like monoclonal antibodies, antibiotics, and biosimilars is driving market growth.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19445&utm_source=OpenPR&utm_campaign=MansiR

Bioprocess technology applies biological processes in industries, utilizing living cells to transform substrates. It encompasses various activities such as biocatalyst use, bioreactors, purification, and upstream and downstream processes. With the pharmaceutical industry witnessing a surge in chronic diseases like cancer, demand for bioprocess technology has soared. The global rise in the elderly population, projected to reach 2.5 billion by 2050 according to the WHO, contributes to increased prevalence of diseases among older individuals. Aging populations are more susceptible to diseases like diabetes, cardiovascular diseases, and cancer due to weakened immunity.

๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

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,F. Hoffmann-La Roche Ltd.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Consumables & Accessories
Culture Media
Reagents
Others

๐ˆ๐ง๐ฌ๐ญ๐ซ๐ฎ๐ฆ๐ž๐ง๐ญ๐ฌ

Bioprocess Analyzers
Blood Gas Analyzers
Osmometers
Cell Counter
Incubators
Bioreactors
Others (centrifugation, spectrometer, filtration)

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Primary Surgical
Antibiotics
Recombinant Proteins
Monoclonal Antibodies
Biosimilar

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ

Biopharmaceutical Companies
Contract Manufacturing Organization
Contract Research Organization
Food & Feed Industry
Academic Research Organization

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

๐†๐ž๐ญ ๐“๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=19445<ype=S&utm_source=OpenPR&utm_campaign=MansiR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Key trends in the bioprocess technology market include the adoption of single-use bioprocessing systems, advancements in cell culture technologies, and the integration of artificial intelligence and automation in bioprocess workflows.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The future of the bioprocess technology market appears promising, with continued advancements in biotechnology, increasing emphasis on personalized medicine, and expanding applications in diverse industries driving sustained growth.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Market stakeholders should focus on understanding evolving consumer preferences, technological innovations, and regulatory landscape to capitalize on emerging opportunities and mitigate risks.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐”๐ง๐๐ž๐ซ๐ ๐ซ๐จ๐ฎ๐ง๐ ๐–๐š๐ฌ๐ญ๐ž ๐‚๐จ๐ง๐ญ๐š๐ข๐ง๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/04/18/2648757/0/en/Underground-Waste-Containers-Market-to-Reach-US-1-2-Billion-by-2031-Growing-at-a-CAGR-of-5-5-from-2023-2031-TMR-Report.html

๐Œ๐จ๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/04/19/2650558/0/en/Motion-Control-Drive-Market-is-Expected-to-Accumulate-a-Value-of-US-6-1-Billion-by-Registering-a-CAGR-of-4-2-in-the-Forecast-Period-2023-to-2031-TMR-Report.html

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย 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 analyses 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.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Transparency Market Research Inc.
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