Press release
Bioprocess Technology Market Size Expected to Reach US$ 53.7 Bn by End of 2031, as per TMR Analysis
The global ๐๐ข๐จ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ 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.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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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.
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐จ๐๐ฎ๐๐ญ
Consumables & Accessories
Culture Media
Reagents
Others
๐๐ง๐ฌ๐ญ๐ซ๐ฎ๐ฆ๐๐ง๐ญ๐ฌ
Bioprocess Analyzers
Blood Gas Analyzers
Osmometers
Cell Counter
Incubators
Bioreactors
Others (centrifugation, spectrometer, filtration)
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Primary Surgical
Antibiotics
Recombinant Proteins
Monoclonal Antibodies
Biosimilar
๐๐ง๐-๐ฎ๐ฌ๐๐ซ
Biopharmaceutical Companies
Contract Manufacturing Organization
Contract Research Organization
Food & Feed Industry
Academic Research Organization
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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)
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=19445<ype=S&utm_source=OpenPR&utm_campaign=MansiR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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 ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
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.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market stakeholders should focus on understanding evolving consumer preferences, technological innovations, and regulatory landscape to capitalize on emerging opportunities and mitigate risks.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ง๐๐๐ซ๐ ๐ซ๐จ๐ฎ๐ง๐ ๐๐๐ฌ๐ญ๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ- 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
๐๐จ๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ- 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
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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