Press release
Next-Generation Biomanufacturing Market: Poised for Explosive Growth" Growth Trajectory 2024-2031
Insight Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Next-Generation Biomanufacturing Market- by Medical Applications (Monoclonal Antibodies, Hormones, Vaccines, Recombinant Proteins and Other Applications), Products (Continuous Upstream Biomanufacturing Products, Single-Use Upstream Biomanufacturing Products and Downstream Biomanufacturing Products), Workflow (Upstream
Biomanufacturing and Downstream Biomanufacturing), End-Users (Biopharmaceutical Companies, CMOs (Contract manufacturing organizations)/CDMOs (Contract Development and Manufacturing Organization) and Research Institutions), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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• Specific examples of next-generation biomanufactured products:
o Biopharmaceuticals: These can include personalized medicines, gene therapies, and vaccines with improved efficacy and reduced side effects.
o Tissue engineering products: These can be lab-grown organs or skin grafts for transplants, reducing waiting times and improving patient outcomes.
o Biofuels: Biomanufacturing can create sustainable fuels from renewable sources like algae or plant material.
• Challenges beyond workforce limitations:
o Regulatory hurdles: Gaining regulatory approval for new biomanufactured products can be a complex and time-consuming process.
o High upfront costs: Building and operating next-generation biomanufacturing facilities requires significant investment in equipment and expertise.
By incorporating these suggestions, you can provide a more comprehensive understanding of the exciting opportunities and challenges in this developing field.
North America is anticipated to contribute to the Next-Generation Biomanufacturing market over the years because significant biopharmaceutical businesses are well-represented, innovative technologies are being used more frequently, and biological research has advanced infrastructure. In addition, the Europe Next-Generation Biomanufacturing market is expected to grow significantly during the forecast period due to the expanding use of contemporary technologies and increasing populations of consumers and patients in nations like China and India.
Major market players operating in the Next-Generation Biomanufacturing market include Applikon Biotechnology BV (Netherlands), bbi-biotech GmbH (Germany), Danaher Corporation (US), Eppendorf AG (Germany), Esco Group of Companies (US), GEA Group Aktiengesellschaft (Germany), Meissner Filtration Products, Inc. (US), Merck KGaA (Germany), PBS Biotech, Inc. (US), Pierre Guérin (France), Sartorius AG (Germany), Shanghai Bailun Biotechnology Co. Ltd. (China), Solaris Biotechnology Srl. (Italy), Thermo Fisher Scientific Inc. (US), ZETA GmbH (Austria), and others.
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Recent collaborations and agreements in the market:
In August 2021, PBS Biotech (US) raised its most significant round of funding from BroadOak Capital Partners to develop its product offerings and capabilities. The funds will be utilized to increase PBS's product offerings and capabilities and address the demand for cell therapies.
In February 2021, Merck (Germany) collaborated with Alteogen, Inc. (South Korea), which provides late-stage CDMO services via Merck's BioReliance end-to-end solutions. Alteogen chose Merck to develop and manufacture recombinant biologics for developing and clinical testing next-generation monoclonal antibody medicines.
Market Segments
Global Next-Generation Biomanufacturing Market, by Medical Applications, 2022-2030 (Value US$ Mn)
• Monoclonal Antibodies
• Hormones
• Vaccines
• Recombinant Proteins
• Other Applications
Global Next-Generation Biomanufacturing Market, by Products, 2022-2030 (Value US$ Mn)
• Continuous Upstream Biomanufacturing Products
• Single-Use Upstream Biomanufacturing Products
• Downstream Biomanufacturing Products
Global Next-Generation Biomanufacturing Market, by Workflow, 2022-2030 (Value US$ Mn)
• Upstream Biomanufacturing
• Downstream Biomanufacturing
Global Next-Generation Biomanufacturing Market, by End-Users, 2022-2030 (Value US$ Mn)
• Biopharmaceutical Companies
• CMOs (Contract manufacturing organizations)/CDMOs (Contract
Development and Manufacturing organizations)
• Research Institutions
Global Next-Generation Biomanufacturing Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Next-Generation Biomanufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Next-Generation Biomanufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Next-Generation Biomanufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Next-Generation Biomanufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Next-Generation Biomanufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Next-Generation Biomanufacturing market
To receive an industry overview and future trends in the Next-Generation Biomanufacturing market
To analyze the Next-Generation Biomanufacturing market drivers and challenges
To get information on the Next-Generation Biomanufacturing market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Next-Generation Biomanufacturing market industry
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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