Press release
Asia-Pacific Continuous Bioprocessing Market, Estimated to Reach $181.1 Million by 2030
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Continuous bioprocessing, increasingly embraced in biopharmaceutical manufacturing, offers agility, flexibility, efficiency, and robustness. This approach optimizes processes by reducing steps, utilizing smaller facilities and equipment, and enhancing product quality for real-time release.
While small-scale perfusion currently dominates continuous bioprocessing, its advantages, including cost-effectiveness and product quality enhancement, are poised to propel its adoption in large-scale biopharmaceutical production in the near future. Key components of continuous bioprocessing include instruments and consumables such as filtration, chromatography, centrifugation, bioreactors, and more.
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The growth of this market is fueled by the push in biotech R&D towards establishing a biotherapeutic landscape, improvements in the regulatory framework for biosimilars, and increased biopharmaceutical investments, expansions in CDMOs, and advancements in bioprocessing technologies. Moreover, the shift towards bioprocessing 4.0 and the rising adoption of personalized medicines present substantial growth opportunities.
However, challenges associated with continuous bioprocessing may hinder market growth.
Supportive Government and Corporate Initiatives Drive Market Expansion in Asia-Pacific
Several governments across the Asia-Pacific region are incentivizing the adoption of continuous bioprocessing due to its advantages, including consistent product quality, enhanced productivity, reduced equipment size, streamlined processes, and cost efficiency. Examples include:
Biocon's $75 million investment in Biocon Biologics to bolster biosimilar development in India (January 2021).
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Extension of partnership between Alvotech and Fuji Pharma to commercialize four biosimilars in Japan (December 2020).
China's significant investments in biopharma industrial hubs, contributing over $300 billion to the biological industry by 2020.
Launch of a pilot Marketing Authorization Holdership (MAH) program in China in 2017, accelerating biosimilar R&D and manufacturing.
The report also provides an extensive evaluation of growth strategies employed by major market players over the past four years. The Asia-Pacific continuous bioprocessing market has witnessed numerous organic and inorganic strategic developments during this period.
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Key Players:
Leading players profiled in this market study include 3M Company, Cytiva, Thermo Fisher Scientific Inc., Merck KGaA, Sartorius AG, Repligen Corporation, Eppendorf AG, Applikon Biotechnology, Pall Corporation, Solida Biotech GmBH, Electrolab Biotech Limited, Biowest, and Bionet.
Mr. Khushal Bombe
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