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Large And Small-Scale Bioprocessing Market: Size, Business Opportunities, Sales Revenue And Forecast To 2033
Large And Small-Scale Bioprocessing Market
As per the report, the large and small-scale bioprocessing market size has grown rapidly in recent years. It will grow from $52.59 billion in 2023 to $59.63 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The large and small-scale bioprocessing market size is expected to see rapid growth in the next few years. It will grow to $99.03 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%.
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Surging Demand Of Biologics Fuels Growth In The Large And Small-Scale Bioprocessing Market
The growing demand for biologics is expected to propel the growth of the large and small-scale bioprocessing market going forward. Biologics refer to medicinal products derived from living organisms or their components, including vaccines, blood and blood components, gene therapies, tissues, and recombinant therapeutic proteins. The growing demand for biologics is due to advancements in biotechnology, increased understanding of disease mechanisms, and the demand for targeted and personalized therapies. Both large-scale and small-scale bioprocessing are integral to biologics' successful development and commercialization. Small-scale bioprocessing is essential for early-stage development, optimization, and feasibility studies. In contrast, large-scale bioprocessing ensures that biologics are produced efficiently, consistently, and in compliance with regulatory standards for commercial distribution. For instance, in February 2024, according to the National Library of Medicine, a US-based medical library, in 2023, the Food and Drug Administration (FDA) approved 55 new drugs, including 29 new chemical entities (NCEs) and 25 new biological entities (NBEs), marking a 50% increase compared to the 37 approvals in 2022. Therefore, the growing demand for biologics drives the growth of the large and small-scale bioprocessing market.
Innovative Single-Use Centrifuge Systems Revolutionize Bioprocessing Market
Major companies operating in the large and small-scale bioprocessing market are developing innovative products, such as single-use centrifuge systems, to serve customers with advanced features better. Single-use centrifuge systems are disposable, pre-sterilized centrifugation devices designed for separating biological materials in bioprocessing. For instance, in September 2022, Thermo Fisher Scientific Inc., a US-based biotechnology company, launched the DynaSpin Single-Use Centrifuge system. This system is designed to improve large-scale cell culture harvesting by streamlining the separation process, reducing the number of depth filtration cartridges needed, and offering benefits such as improved product yield, operational efficiency, cost savings, and sustainable practices in biologics production. The DynaSpin system helps reduce production costs and supports sustainability goals by significantly decreasing material requirements and waste compared to traditional harvest systems.
The large and small-scale bioprocessing market covered in this report is segmented -
1) By Product: Bioreactors Or Fermenters, Cell Culture Products, Filtration Assemblies, Bioreactors Accessories, Bags And Containers, Other Products
2) By Mode: In-house, Outsourced
3) By Workflow: Downstream Processing, Fermentation, Upstream Processing
4) By Scale: Industrial Scale, Small Scale
5) By Application: Biopharmaceuticals, Specialty Industrial Chemicals, Environmental Aids
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Major companies operating in the large and small-scale bioprocessing market are F. Hoffmann-La Roche AG, Merck & Co. Inc., Bayer AG, Sanofi S.A., Bristol Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca PLC, Novartis AG, GlaxoSmithKline PLC, 3M Company, Takeda Pharmaceutical Company Ltd., Danaher Corporation, Boehringer Ingelheim International GmbH, Novo Nordisk A/S, Becton Dickinson and Company (BD), Teva Pharmaceutical Industries Ltd., DAIICHI SANKYO COMPANY LIMITED, Lonza Group, Sun Pharmaceutical Industries Ltd., GE Healthcare Life Sciences, Sartorius AG, Dr. Reddy's Laboratories Ltd., Alkem Laboratories Limited, Piramal Enterprises Ltd
Contents of the report:
1. Executive Summary
2. Large And Small-Scale Bioprocessing Market Report Structure
3. Large And Small-Scale Bioprocessing Market Trends And Strategies
4. Large And Small-Scale Bioprocessing Market - Macro Economic Scenario
5. Large And Small-Scale Bioprocessing Market Size And Growth
…..
27. Large And Small-Scale Bioprocessing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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