Europe Continuous Bioprocessing Market, Expected to Reach $206.1 Million by 2030

Redding California, March 13, 2024 - Meticulous Research®, a premier provider of strategic market insights, has announced the release of an exclusive report titled "Europe Continuous Bioprocessing Market: Product, Application, and End User Analysis and Forecast, 2023-2030." According to this in-depth analysis, the Europe continuous bioprocessing market is poised to achieve a remarkable CAGR of 19.1% from 2023, reaching a valuation of $206.1 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 benefits, including cost-effectiveness and product quality enhancement, are expected to drive 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.

The growth of this market is attributed to factors such as recent product launches, advancements in continuous bioprocessing, gradual adoption of continuous manufacturing, and initiatives supporting the adoption of biopharmaceuticals. Moreover, the shift towards bioprocessing 4.0 and the rising adoption of personalized medicines present significant growth opportunities.

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However, challenges associated with continuous bioprocessing may hinder market growth.

Supportive Government Initiatives Drive Market Expansion in Europe Several European governments are championing initiatives to promote the adoption of continuous bioprocessing due to its benefits, including consistent product quality, enhanced productivity, and reduced operational costs. Examples include:

Germany's co-hosting of the 2022 AMC Summit to address global health crises, promoting healthy lives worldwide, and supporting dynamic COVID-19 vaccination needs.
Immunization initiatives in Germany, including compulsory vaccination and legislative proposals to mandate measles vaccination for school enrollment.

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France's National Health Strategy (2018-2022), emphasizing the promotion of biosimilars and aiming for an 80% biosimilar penetration rate by 2022.

The report also provides a comprehensive evaluation of growth strategies adopted by major market players over the past four years. The Europe continuous bioprocessing market has witnessed numerous 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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This release was published on openPR.