Press release
Next-Generation Biomanufacturing Market : Redefining Size Dynamics with 10.2% CAGR Surge by 2031
According to the latest research by InsightAce Analytic, the global next-generation biomanufacturing market is valued at US$ 22.76 Billion in 2022, and it is expected to reach US$ 48.27 Billion by 2031, with a CAGR of 10.2% during the forecast period of 2023-2031.
Request for Sample Pages: https://www.insightaceanalytic.com/request-sample/1261
Services of the second generation of biomanufacturing enable the development and production of a wider variety of products of the highest quality than those of the first generation. These services emphasize single-use technologies such as single-use bio-containers and single-use bioreactors, thereby enhancing the flexibility and efficacy of the process.
Advanced medical technologies, high demand for gene and cell therapy products, rising efforts by the government to develop more efficient next-generation bioprocessing units, high prevalence of chronic & genetic diseases, increasing geriatric population, growing awareness among the people regarding the benefits of next-generation bio-manufacturing, and the availability of well-established healthcare infrastructures are expected to contribute significantly to the market's growth over the forecast period. Complex procedures and specialized apparatus are required for drug and material development and production. As a result, biopharmaceutical companies choose advanced biomanufacturing solutions to improve product quality and efficiency, which is anticipated to increase the production of next-generation biomanufacturing products in the coming years.
On the other hand, factors such as the need for more educated professionals and the complexity of process operations may hinder market adoption during the forecast period.
Regionally, North America dominated this market in 2021 and is anticipated to lead the market for next-generation biomanufacturing over the forecast period (2023-2031), owing to its well-developed biopharmaceutical industries, rapid adoption of modern technologies, and growing use of innovative technologies.
Enquire Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1261
Key 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), among others.
Key developments in the market:
• In August 2021, PBS Biotech (US) secured its highest funding round with BroadOak Capital Partners to grow its product offerings and capabilities. The budget is used to expand PBS's product offerings and abilities and meet the demand for cell therapies.
• In February 2021, Merck (Germany) partnered with Alteogen, Inc. (South Korea), a company providing late-stage CDMO services through Merck's BioReliance end-to-end solutions. Alteogen selected Merck to develop and produce recombinant biologics for developing and clinically evaluating next-generation therapeutics of monoclonal antibody drugs.
• In November 2020, Merck (Germany) collaborated with Transcenta, a biotherapeutics company, to implement & advance continuous manufacturing for protein therapeutics.
Order this Premium Report: https://www.insightaceanalytic.com/buy-report/1261
Market Segments
Global Next-Generation Biomanufacturing Market, by Medical Applications, 2023-2031(Value US$ Bn)
• Monoclonal Antibodies
• Hormones
• Vaccines
• Recombinant Proteins
• Other Applications
Global Next-Generation Biomanufacturing Market, by Products, 2023-2031(Value US$ Bn)
• Continuous Upstream Biomanufacturing Products
• Single-Use Upstream Biomanufacturing Products
• Downstream Biomanufacturing Products
Global Next-Generation Biomanufacturing Market, by Workflow, 2023-2031(Value US$ Bn)
• Upstream Biomanufacturing
• Downstream Biomanufacturing
Global Next-Generation Biomanufacturing Market, by End-Users, 2023-2031(Value US$ Bn)
• Biopharmaceutical Companies
• CMOs (Contract manufacturing organizations)/CDMOs (Contract Development and Manufacturing Organization)
• Research Institutions
Global Next-Generation Biomanufacturing Market, by Region, 2023-2031(Value US$ Bn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Next-Generation Biomanufacturing Market, by Country, 2023-2031(Value US$ Bn)
• U.S.
• Canada
Europe Next-Generation Biomanufacturing Market, by Country, 2023-2031(Value US$ Bn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Next-Generation Biomanufacturing Market, by Country, 2023-2031(Value US$ Bn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Next-Generation Biomanufacturing Market, by Country, 2023-2031(Value US$ Bn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Next-Generation Biomanufacturing Market, by Country, 2023-2031(Value US$ Bn)
• 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 of the next-generation biomanufacturing market
To analyze the next-generation biomanufacturing market drivers and challenges
To get information on the next-generation biomanufacturing market size (Value US$ Bn) forecast to 2030
Significant investments, mergers & acquisitions in the next-generation biomanufacturing market industry
For Customization @ https://www.insightaceanalytic.com/customisation/1261
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/InsightaceA
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Next-Generation Biomanufacturing Market : Redefining Size Dynamics with 10.2% CAGR Surge by 2031 here
News-ID: 3540322 • Views: …
More Releases from InsightAce Analytic Pvt. Ltd.
Organic Feminine Care Market to Benefit from Increasing Government Initiatives a …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Organic Feminine Care Market Size, Share & Trends Analysis Report By Product Type (Sanitary Pads, Tampons, Menstrual Cups, Liners and Shields, Others), by Nature (Disposable, Reusable), by Age Group (Upto 18 Years, 19-30 Years, 31-40 Years, 41 Years and Above), by Distribution Channel (Supermarkets and hypermarkets, Pharmacy, Online Stores, Others)- Market Outlook And Industry Analysis…
Intravenous Immunoglobulin Market Key Players Analysis - Biotest AG, Octapharma …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Intravenous Immunoglobulin Market Size, Share & Trends Analysis Report By Application (Hypogammaglobulinemia, CIDP, Congenital AIDS), By Distribution Channel (hospital pharmacies, speciality pharmacies), Region, Market Outlook And Industry Analysis 2031"
The global Intravenous Immunoglobulin market is estimated to reach over USD 21.22 billion by 2031, exhibiting a CAGR of 6.60% during the forecast period.
Get Free Access…
Exascale Computing Market Key Players Analysis- Hewlett Packard Enterprise Compa …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Exascale Computing Market - (By Component (Hardware, Software, Services), By Deployment (On-premises, Cloud-based), By Customer Type (Government & Defense, Healthcare & Biosciences, Financial Services, Research & Academia, Manufacturing & Energy, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Exascale Computing Market is valued at…
Plasma Fractionation Market Robust Expansion is expected to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Plasma Fractionation Market- (By Product (Immune-Globulins(Intravenous Immune-Globulins, Subcutaneous Immune-Globulins, Other Immune-Globulins), Coagulation Factor Concentrates (Factor VIII, Factor IX, Von Willebrand Factor, Prothrombin Complex Concentrate, Fibrinogen Concentrates, Factor XIII, Others), Albumin, Protease Inhibitors, Other Plasma Products), By Application (Neurology, Immunology, Hematology, Critical Care, Pulmonology, Hemato-Oncology, Rheumatology, Others), By End-User (Hospitals & Clinics, Clinical Research Laboratories, Academic Institutes)),…
More Releases for Biomanufacturing
Evolving Market Trends In The Digital Biomanufacturing Industry: Innovative Solu …
The Digital Biomanufacturing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Digital Biomanufacturing Market Size and Its Estimated Growth Rate?
The expansion of the digital biomanufacturing market has been swift in the past few years. Its value is expected to increase from…
Single-Use Bioprocess Systems Market Revolutionizing Biomanufacturing for 2032
Market Outlook:
The global biomanufacturing industry has experienced significant transformations over the past decade, driven by the increasing demand for advanced biopharmaceuticals, vaccines, and therapeutic products. One of the most impactful innovations reshaping the industry is the adoption of single-use bioprocess systems.
These systems, designed for single-cycle use, offer greater flexibility, efficiency, and cost-effectiveness compared to traditional stainless-steel systems. As the bioprocessing landscape evolves, the single-use bioprocess systems market is set…
Digital Technologies are Optimizing Quality, Cost, and Efficiency Biomanufacturi …
Digital Biomanufacturing Market Assessment worth $ 58.31 Billion by 2030 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Digital Biomanufacturing Market- by Application (Biomanufacturing Process Automation and Control, Bioprocess Optimization and Process Analytics, and Flexible Manufacturing), End-User
(Biopharmaceutical Companies and Academic and Research Institutes), Technology (AI and IoMT Solutions, Process Analytical Technologies, Data Analytics Software, Predictive Analytics and…
Next-Generation Biomanufacturing Market - Revolutionizing Biomanufacturing: Embr …
Newark, New Castle, USA: The "Next-Generation Biomanufacturing Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Next-Generation Biomanufacturing Market: https://www.growthplusreports.com/report/nextgeneration-biomanufacturing-market/8941
This latest report researches the industry structure, sales, revenue,…
Bioreactor Market - Enhancing efficiency and scalability in biomanufacturing wit …
Newark, New Castle, USA: The "Bioreactor Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Bioreactor Market: https://www.growthplusreports.com/report/bioreactor-market/7729
This latest report researches the industry structure, sales, revenue, price and…
Next-Generation Biomanufacturing Market Growth Analysis Report 2021-2027
Next-generation biomanufacturing technologies enable the synthesis of stereospecific products that can easily tune these synthetic reactions. These procedures can also be cost-effective and ecologically beneficial. This white paper describes a new technique that increases yield and product properties while avoiding the drawbacks of extensive extraction and purification operations.
“Next-Generation Biomanufacturing Market is growing at a 15% CAGR during the forecast period 2020-2026”.
Research Informatics announces the release of the Next-Generation Biomanufacturing…
