#Biopharmaceutical CMO and CRO Market Growth
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Global Biopharmaceutical CMO and CRO Market Is Estimated To Witness High Growth Owing To Rising Outsourcing Activities
Market Overview: The biopharmaceutical CMO and CRO market involves outsourcing of drugs and clinical research services to third-party organizations. These organizations provide various services including drug development, manufacturing, packaging, and distribution. The need for these services has increased in recent years due to the rising complexity of drug development and the need for specialized expertise. Biopharmaceutical CMO and CROs offer several advantages such as cost reduction, increased efficiency, access to specialized capabilities, and faster time to market. Market Key Trends: One of the key trends in the biopharmaceutical CMO and CRO market is the increasing outsourcing activities by pharmaceutical companies. In order to focus on their core competencies and reduce costs, many pharmaceutical companies are outsourcing their drug development and manufacturing processes. Outsourcing allows companies to access specialized expertise, state-of-the-art facilities, and advanced technologies without having to invest in them. For instance, AbbVie Contract Manufacturing and AGC Biologics are prominent players providing contract manufacturing services to pharmaceutical companies. The global Biopharmaceutical CMO and CRO Market Size is estimated to be valued at US$ 32.4 billion in 2022 and is projected to grow at a CAGR of 5.9% during the forecast period 2023-2030, according to a market research report by Coherent Market Insights. PEST Analysis: - Political: Regulatory policies and government regulations play a critical role in the biopharmaceutical CMO and CRO market. Stringent regulations governing drug development and manufacturing processes ensure patient safety and product quality. - Economic: The biopharmaceutical CMO and CRO market is influenced by economic factors such as economic growth, healthcare expenditure, reimbursement policies, and the overall financial condition of pharmaceutical companies. - Social: Growing awareness about healthcare, increasing prevalence of chronic diseases, and the need for personalized medicine are some of the social factors impacting the demand for biopharmaceutical CMO and CRO services. - Technological: Technological advancements in areas such as drug discovery, genomics, proteomics, and clinical trial management systems are driving the growth of the biopharmaceutical CMO and CRO market. Key Takeaways: Market Size Related Content: The global biopharmaceutical CMO and CRO market is expected to witness high growth, exhibiting a CAGR of 5.9% over the forecast period. The increasing outsourcing activities by pharmaceutical companies to minimize costs and access specialized expertise are driving market growth. Regional Analysis: North America is the fastest-growing and dominating region in the biopharmaceutical CMO and CRO market. The presence of a robust pharmaceutical industry, favorable government policies, and a highly skilled workforce contribute to the region's growth. Europe and Asia Pacific are also witnessing significant growth due to the increasing investments in research and development activities. In conclusion, the global biopharmaceutical CMO and CRO market is witnessing high growth due to increasing outsourcing activities by pharmaceutical companies. The market is expected to be driven by the advantages of cost reduction, increased efficiency, and access to specialized capabilities provided by biopharmaceutical CMO and CROs. North America is the fastest-growing region in the market, followed by Europe and Asia Pacific. Key players in the market include Allphase Clinical Research, AlcheraBio, Alcami, Akos Urgent Care, Agilent, AGC Biologics, and AbbVie Contract Manufacturing, among others.
#Biopharmaceutical CMO And CRO Market#Biopharmaceutical CMO And CRO Market Size#Coherent Market Insights#Biopharmaceutical CMO And CRO Market Demand#Biopharmaceutical CMO And CRO Market Growth#Biopharmaceutical CMO And CRO Market Trends#Biopharmaceutical CMO And CRO Market Analysis#Biopharmaceutical CMO And CRO Market Forecast
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India Single-use Bioprocessing Probes And Sensors Market To Reach $191.0 Million By 2030
The India single-use bioprocessing probes and sensors market is anticipated to reach USD 191.0 million by 2030 and is anticipated to grow at a CAGR of 12.61% during the forecast period from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for biopharmaceuticals and the growing popularity of disposable systems in preclinical trials are key factors driving the growth of the single-use bioprocessing probes and sensors market in India. The need for faster and more efficient drug development processes and the rising demand for personalized medicines contribute to the increased implementation of single-use bioprocessing systems.
The implementation of single-use technology (SUT) in biomanufacturing processes offers advantages such as reduced risk of cross-contamination and ensuring product purity and integrity, which is crucial for the growing domestic biosimilars and biologics market. It enhances operational efficiency, leading to shorter turnaround times and increased productivity - a key benefit for Indian manufacturers to scale and meet the rising domestic and global demand for biopharmaceuticals.
Furthermore, the commercial advantages of single-use sensors, such as streamlined operations, enhanced flexibility, and improved regulatory compliance and product quality, make them an attractive option for Indian biomanufacturers. The adoption of these technologies can help Indian companies lower their capital expenditure and achieve faster turnaround times.
Request a free sample copy or view report summary: India Single-use Bioprocessing Probes And Sensors Market Report
India Single-use Bioprocessing Probes And Sensors Market Report Highlights
The pH sensors type segment held the largest revenue share of 20.24% in 2023 and is expected to grow at the fastest CAGR over the forecast period. The growing demand for precise process monitoring, driven by the expanding biopharmaceutical industry, drives the adoption of single-use pH sensors. The oxygen sensors segment is expected to register a significant CAGR over the forecast period.
The upstream segment dominated the segment with a market share of 73.49% in 2023 and is anticipated to grow at the fastest CAGR over the forecast period. It is driven by the increasing demand for biopharmaceuticals and the need for efficient and cost-effective manufacturing processes.
The biopharmaceutical & pharmaceutical companies dominated the segment with a market share of 41.69% in 2023. The consistent introduction of new and innovative single-use bioprocessing probes and sensors is a key driver behind the growth of this market segment.
India Single-use Bioprocessing Probes And Sensors Market Segmentation
Grand View Research has segmented the India single-use bioprocessing probes and sensors market based on type, workflow, and end use:
India Single-use Bioprocessing Probes And Sensors Type Outlook (Revenue, USD Million, 2018 - 2030)
pH Sensor
Oxygen Sensors
Pressure Sensors
Temperature Sensors
Conductivity Sensors
Flow Meter & Sensors
Other Sensors
India Single-use Bioprocessing Probes And Sensors Workflow Outlook (Revenue, USD Million, 2018 - 2030)
Upstream
pH Sensor
Oxygen Sensors
Pressure Sensors
Temperature Sensors
Conductivity Sensors
Flow Meter & Sensors
Other Sensors
Downstream
pH Sensor
Pressure Sensors
Temperature Sensors
Conductivity Sensors
Flow Meter & Sensors
Other Sensors
India Single-use Bioprocessing Probes And Sensors End-use Outlook (Revenue, USD Million, 2018 - 2030)
Biopharmaceutical & Pharmaceutical Companies
CROs & CMOs
Academic & Research Institutes
Others
List of Key Players in theIndia Single-use Bioprocessing Probes And Sensors Market
Thermo Fisher Scientific
Sartorius AG
PreSens Precision Sensing GmbH
Hamilton Company
Mettler-Toledo India Private Limited
PARKER HANNIFIN CORP
Danaher
Saint-Gobain
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Columnas de cromatografía preempaquetadas para productos farmacéuticos, previsión del tamaño del mercado mundial, clasificación y cuota de mercado de las 11 principa
Según el nuevo informe de investigación de mercado “Informe del Mercado Global del Columnas de cromatografía preempaquetadas para productos farmacéuticos 2024-2030”, publicado por QYResearch, se prevé que el tamaño del mercado mundial del Columnas de cromatografía preempaquetadas para productos farmacéuticos alcance 2.01 mil millones de USD en 2030, con una tasa de crecimiento anual constante del 7.9% durante el período de previsión.
Figure 1. Tamaño del mercado de Columnas de cromatografía preempaquetadas para productos farmacéuticos global (US$ Millión), 2019-2030
Según QYResearch, los principales fabricantes mundiales de Columnas de cromatografía preempaquetadas para productos farmacéuticos incluyen Agilent Technologies, Waters Corporation, Thermo Fisher Scientific, Danaher, Merck, Bio-Rad, Sartorius, Repligen Corporation, Tosoh Bioscience, Astrea Bioseparations, etc. En 2023, las cinco principales entidades mundiales tenían una cuota de aproximadamente 62.0% en términos de ingresos.
Figure 2. Clasificación y cuota de mercado de las 11 principales entidades globales de Columnas de cromatografía preempaquetadas para productos farmacéuticos (la clasificación se basa en los ingresos de 2023, actualizados continuamente)
Here are the key market drivers for the Pharmaceutical Prepacked Chromatography Columns market:
1. Increasing Demand for Biologics and Biosimilars: The growing prevalence of chronic diseases and the rising demand for biopharmaceuticals, such as monoclonal antibodies and recombinant proteins, are driving the need for efficient purification techniques like chromatography.
2. Technological Advancements and Innovation: Continuous improvements in chromatography media, resin chemistries, and column designs are enhancing the performance, efficiency, and versatility of prepacked chromatography columns.
3. Regulatory Requirements and Quality Standards: Stringent regulatory guidelines and good manufacturing practices (GMP) in the pharmaceutical industry mandate the use of reliable and reproducible purification techniques, such as prepacked chromatography columns.
4. Increasing Outsourcing of Pharmaceutical Manufacturing: The pharmaceutical industry's trend towards outsourcing drug manufacturing and purification processes to contract manufacturing organizations (CMOs) and contract research organizations (CROs) is contributing to the demand for prepacked chromatography columns.
5. Expansion of the Biopharmaceutical Industry: The rapid growth of the biopharmaceutical industry, driven by the increasing prevalence of chronic diseases and the development of innovative biological therapies, is a key factor driving the demand for prepacked chromatography columns.
6. Cost-Effectiveness and Operational Efficiency: Prepacked chromatography columns offer cost-effective and time-saving advantages compared to traditional, labor-intensive manual column packing processes.
These market drivers, coupled with the ongoing technological advancements, the increasing demand for biologics and biosimilars, and the emphasis on regulatory compliance and quality standards, are expected to continue driving the growth of the Pharmaceutical Prepacked Chromatography Columns market in the coming years.
Sobre QYResearch
QYResearch se fundó en California (EE.UU.) en 2007 y es una empresa líder mundial en consultoría e investigación de mercados. Con más de 17 años de experiencia y un equipo de investigación profesional en varias ciudades del mundo, QY Research se centra en la consultoría de gestión, los servicios de bases de datos y seminarios, la consultoría de OPI, la investigación de la cadena industrial y la investigación personalizada para ayudar a nuestros clientes a proporcionar un modelo de ingresos no lineal y hacer que tengan éxito. Gozamos de reconocimiento mundial por nuestra amplia cartera de servicios, nuestra buena ciudadanía corporativa y nuestro firme compromiso con la sostenibilidad. Hasta ahora, hemos colaborado con más de 60.000 clientes en los cinco continentes. Trabajemos estrechamente con usted y construyamos un futuro audaz y mejor.
QYResearch es una empresa de consultoría a gran escala de renombre mundial. La industria cubre varios segmentos de mercado de la cadena de la industria de alta tecnología, que abarca la cadena de la industria de semiconductores (equipos y piezas de semiconductores, materiales semiconductores, circuitos integrados, fundición, embalaje y pruebas, dispositivos discretos, sensores, dispositivos optoelectrónicos), cadena de la industria fotovoltaica (equipos, células, módulos, soportes de materiales auxiliares, inversores, terminales de centrales eléctricas), nueva cadena de la industria del automóvil de energía (baterías y materiales, piezas de automóviles, baterías, motores, control electrónico, semiconductores de automoción, etc.. ), cadena de la industria de la comunicación (equipos de sistemas de comunicación, equipos terminales, componentes electrónicos, front-end de RF, módulos ópticos, 4G/5G/6G, banda ancha, IoT, economía digital, IA), cadena de la industria de materiales avanzados (materiales metálicos, materiales poliméricos, materiales cerámicos, nanomateriales, etc.), cadena de la industria de fabricación de maquinaria (máquinas herramienta CNC, maquinaria de construcción, maquinaria eléctrica, automatización 3C, robots industriales, láser, control industrial, drones), alimentación, bebidas y productos farmacéuticos, equipos médicos, agricultura, etc.
#Columnas de cromatografía preempaquetadas para productos farmacéuticos#Pharmaceutical Prepacked Chromatography Columns
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Healthcare Contract Development And Manufacturing Organization Market To Reach USD 471.0 Billion By 2030
Healthcare Contract Development and Manufacturing Organization Market Growth & Trends
The global healthcare contract development and manufacturing organization market size is expected to reach USD 471.0 billion by 2030, growing at a CAGR of 9.68% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to show lucrative growth due to rising outsourcing trends and increasing R&D expenditure.
Healthcare contract development and manufacturing organization (CDMO) provide outsourcing services to various pharmaceutical industries on a contract basis. An increase in outsourcing by pharmaceutical companies, expansions in the pharmaceutical industry, and the support of CDMOs in reducing operational and capital expenses are some of the major factors anticipated to propel the market growth in the forecast period.
In addition, growing requirement among pharmaceutical and medical device companies to follow stringent timelines has increased the demand for outsourcing development and manufacturing activities to CDMOs. Further, due to the increasing demand for medical devices in emerging countries, various companies are shifting their focus on research and development activities for medical device contract development and manufacturing. Over the past 10 years, several pharmaceutical companies have turned to CMOs, CROs, and CDMOs to assist in pre-formulation and development & manufacturing of their novel innovations. Outsourcing is a high growth market, and most spending is focused on early development.
Around 75% of new drug pipelines come from small- and midsized biopharmaceutical companies. These companies have high profit margins, which make them easy targets for healthcare providers who are trying to reduce costs. Thus, instead of investing in establishing their own infrastructure, it is profitable for these companies to outsource services to third-party organizations that have expertise and the required equipment. Several pharmaceutical companies are seeking outsourced services for optimizing the development of their molecules. Furthermore, a large number of CDMO collaborations, expansions, mergers & acquisitions, and other strategic initiatives undertaken by market players operating in the country are anticipated to boost the market. For instance, In March 2023, Remedium Bio, a U.S.-based biotechnology company, entered into a collaboration agreement with Exothera, a Belgium-based CDMO, to scale up the production of Remedium’s lead gene therapy drug candidate, AAV2-FGF18 in the treatment of osteoarthritis. Similarly, in January 2024, Enzene Biosciences, a subsidiary of Alkem Labs announced the manufacturing site in the U.S. Such innovations are anticipated to drive the market.
However, increasing logistic costs, serialization issues faced by healthcare organizations, and the threat of infringement of Intellectual Property (IP) rights are anticipated to restrain the market growth for healthcare contract development & manufacturing organization over the forecast period.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/healthcare-contract-development-manufacturing-organization-market
Healthcare Contract Development and Manufacturing Organization Market Report Highlights
Based on services, the contract manufacturing segment dominated the market with a revenue share of 73.50% in 2023 due to increase in the outsourcing of manufacturing services by pharmaceutical and medical device companies.In addition, cost-effectiveness, and the increasing number of CMOs are some of the key factors that are positively affecting the market growth
By small molecule contract development sub-segment, the preclinical/segment is expected to register the highest CAGR of 9.53% in the forecast period due to the rising pipeline of novel therapeutics
North America dominated the healthcare contract development and manufacturing organization industry with the largest revenue share of 40.91%in 2023. High shares of the region are majorly due to the presence of a large number of actively functioning CROs and CMOs in the region, especially across the U.S.
Healthcare Contract Development and Manufacturing Organization Market Segmentation
For this study, Grand View Research has segmented the healthcare contract development and manufacturing organization market based on services and region:
Healthcare CDMO Services Outlook (Revenue, USD Billion, 2018 - 2030)
Contract Development
Small Molecule
Preclinical
Bioanalysis and DMPK Studies
Toxicology Testing
Other Preclinical Services
Clinical
Phase I
Phase II
Phase III
Phase IV
Laboratory Services
Bioanalytical Services
Analytical Services
Large Molecule
Cell Line development
Process Development
Upstream
Microbial
Mammalian
Others
Downstream
MABs
Recombinant Proteins
Others
Others
Contract Manufacturing
Small Molecule
Large Molecule
MABs
Recombinant Proteins
Others
High Potency API
Finished Dose Formulations
Solid Dose Formulation
Liquid Dose Formulation
Injectable Dose Formulation
Medical Devices
Class I
Class II
Class III
Healthcare CDMO Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Belgium
Denmark
Norway
Sweden
Asia Pacific
China
India
Japan
Australia
South Korea
Malaysia
New Zealand
Singapore
Philippines
Thailand
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Middle East & Africa
South Africa
Saudi Arabia
UAE
Israel
Kuwait
List of Key Players in the Healthcare CDMO Market
Catalent Inc.
Lonza
Recipharm AB
Siegfried Holding AG
Thermo Fisher Scientific, Inc.
Labcorp Drug Development
Jabil Inc
Syngene International Limited
IQVIA Inc.
Almac Group
Ajinomoto Bio-Pharma
Adare Pharma Solutions
Alcami Corporation
Vetter Pharma International
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/healthcare-contract-development-manufacturing-organization-market
#Healthcare CDMO#Healthcare CDMO Size#Healthcare CDMO Share#Healthcare CDMO Trends#Healthcare CDMO Growth
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Advanced Metering Infrastructure (AMI) Market provides in-depth analysis of the market state of Advanced Metering Infrastructure (AMI) manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Advanced Metering Infrastructure (AMI) in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Advanced Metering Infrastructure (AMI) Market Report:
The report offers a comprehensive and broad perspective on the global Advanced Metering Infrastructure (AMI) Market.
The market statistics represented in different Advanced Metering Infrastructure (AMI) segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Advanced Metering Infrastructure (AMI) are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Advanced Metering Infrastructure (AMI).
Major stakeholders, key companies Advanced Metering Infrastructure (AMI), investment feasibility and new market entrants study is offered.
Development scope of Advanced Metering Infrastructure (AMI) in each market segment is covered in this report. The macro and micro-economic factors affecting the Advanced Metering Infrastructure (AMI) Market
Advancement is elaborated in this report. The upstream and downstream components of Advanced Metering Infrastructure (AMI) and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/advanced-metering-infrastructure-ami-market-100555
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Biotechnology Reagents and Kits Market will grow at highest pace owing to increasing R&D activities in biopharmaceutical companies
Biotechnology reagents and kits are used for several diagnostic and research applications including isolation, purification, and analysis of DNA and RNA. Some key products in this market include cell and tissue culture reagents, chromatography reagents, electrophoresis reagents, immunohistochemistry reagents, nucleic acid extraction and purification reagents, PCR reagents, flow cytometry reagents, electrophoresis reagents, and separation and filtration reagents. Growing funding for biotechnology research along with rising prevalence of chronic diseases has increased the demand for biotechnology reagents and kits. Advancements in biologics and personalized medicine require reagents and kits for molecular analysis of patient samples which has fueled market growth.
The Global Biotechnology Reagents and Kits Market is estimated to be valued at US$ 718.8 Mn in 2024 and is expected to exhibit a CAGR of 23% over the forecast period 2023 to 2030.
Key Takeaways Key players operating in the Biotechnology Reagents and Kits are Medtronic Plc, Hill-Rom Holdings, Inc. (Welch Allyn), iRythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., Lâ€TMoreal Group, Dexcom, Inc., GENTAG, Inc., Abbott Laboratories, Koninklijke Philips N.V. and other prominent players. These players are focusing on new product development and launches to expand their product portfolio. For instance, in 2022 Medtronic Plc launched Clara Smart Pancreas System which uses RTSM technology to automatically suspend insulin delivery. The demand for biotechnology reagents and kits is growing owing to increasing demand of personalized medicine, genomics applications and cell and gene therapy research. Pharmacogenomics, companion diagnostics and molecular biomarkers are driving the need for reagents and assays utilized in the discovery, development and commercialization of personalized medicine. Growing R&D spending on developing new biologics and rising application of big data analytics in drug development is also fueling market growth. Technological advancements are expanding application of biotechnology reagents and kits in new areas. For example, next generation sequencing techniques have enabled large-scale sequencing of genomes which requires reagents for sample preparation and library preparation steps. Rapid diagnostics technologies are allowing point-of-care application of reagents for fast detection of infectious diseases. Automated instruments with integrated reagent kits are increasing efficiency and reproducibility of experiments in core labs. Market trends: 1. Growing preference for personalized medicine/ precision medicine. Biomarker discovery and validation requires biomarker detection assays which is propelling demand for immunohistochemistry, PCR and other reagents. 2. Increasing focus on contract research and contract manufacturing. CROs and CMOs require a continuous supply of biotechnology reagents and kits for conducting research and manufacturing activities on behalf of biopharma companies. Market Opportunities: 1. Emerging markets in Asia Pacific offer high growth potential. Countries like China, India and South Korea are witnessing increasing biotech research and bulk drug production which will drive the need for reagents in coming years. 2. Cell and gene therapy is a major area of focus. Reagents are essential for quality control testing, process development and scalable manufacturing of cell and gene therapies. This represents a lucrative opportunity for leading reagents players.
#Biotechnology Reagents and Kits Market Trend#Biotechnology Reagents and Kits Market Growth#Biotechnology Reagents and Kits Market Size
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The Booming Bioreactors Market: Key Trends and Growth Drivers
The bioreactors market has witnessed significant growth over the past few years, driven by advancements in biopharmaceutical production, increasing research activities in biotechnology, and the rising demand for personalized medicine. Bioreactors, essential for cultivating cells or tissues in a controlled environment, are crucial in various applications, including pharmaceuticals, food and beverage production, and waste management. As the bioreactors market continues to expand, it is poised to revolutionize several industries by enhancing productivity and efficiency in bioprocesses.
Market Drivers and Technological Advancements
One of the primary drivers of the bioreactors market is the burgeoning biopharmaceutical industry. With the global population's aging and the rise in chronic diseases, there is a growing demand for advanced therapeutics, including monoclonal antibodies, vaccines, and cell and gene therapies. Bioreactors play a pivotal role in the large-scale production of these biopharmaceuticals, ensuring high yield and consistent quality. The shift towards biologics, which are more complex and sensitive than traditional small-molecule drugs, necessitates sophisticated bioreactor systems capable of maintaining precise environmental conditions.
Technological advancements have significantly influenced the bioreactors market. Innovations such as single-use bioreactors (SUBs) have gained immense popularity due to their cost-effectiveness, reduced risk of contamination, and operational flexibility. Unlike traditional stainless-steel bioreactors, SUBs do not require extensive cleaning and sterilization processes, making them ideal for small-scale production and research purposes. Moreover, advancements in automation and digitalization have enabled real-time monitoring and control of bioprocesses, enhancing efficiency and reducing human error.
For a comprehensive analysis of the market drivers https://univdatos.com/report/bioreactors-market/
Market Segmentation and Applications
The bioreactors market can be segmented based on type, usage, scale, and end-user. Types of bioreactors include single-use bioreactors and stainless-steel bioreactors. Single-use bioreactors are witnessing higher adoption rates due to their advantages in terms of cost, scalability, and reduced contamination risk. However, stainless-steel bioreactors remain prevalent in large-scale commercial production due to their durability and suitability for high-volume manufacturing.
Usage segmentation includes microbial and cell culture bioreactors. Microbial bioreactors are primarily used for the production of antibiotics, enzymes, and other microbial products, while cell culture bioreactors are crucial for producing biopharmaceuticals, vaccines, and therapeutic proteins. The growing focus on cell and gene therapies has further fueled the demand for cell culture bioreactors, as these therapies require precise and controlled culturing environments.
In terms of scale, bioreactors are categorized into lab-scale, pilot-scale, and industrial-scale. Lab-scale bioreactors are essential for research and development activities, pilot-scale bioreactors for process development and optimization, and industrial-scale bioreactors for large-scale production. The increasing investment in R&D by biopharmaceutical companies and research institutions is driving the demand for lab-scale and pilot-scale bioreactors.
End-users of bioreactors include biopharmaceutical companies, academic and research institutions, and contract research and manufacturing organizations (CROs and CMOs). Biopharmaceutical companies hold the largest market share due to their extensive use of bioreactors in drug development and production. CROs and CMOs are also significant contributors to the market, offering bioreactor-based services to various industries.
Regional Insights and Growth Opportunities
Geographically, the bioreactors market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America dominates the market, driven by the presence of major biopharmaceutical companies, advanced healthcare infrastructure, and significant R&D investments. Europe follows closely, with a strong focus on biotechnology and pharmaceutical research.
The Asia-Pacific region is expected to witness the highest growth rate during the forecast period. Factors such as increasing healthcare expenditure, a growing biopharmaceutical industry, and favorable government initiatives to promote biotechnology research contribute to this growth. Countries like China and India are emerging as key markets due to their expanding biotechnological capabilities and large patient populations.
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Challenges and Future Outlook
Despite the promising growth prospects, the bioreactors market faces several challenges. High initial investment costs, the complexity of bioprocessing, and stringent regulatory requirements can impede market growth. Additionally, the ongoing COVID-19 pandemic has disrupted supply chains and delayed clinical trials, impacting the bioreactors market.
However, the long-term outlook for the bioreactors market remains positive. Continuous advancements in bioprocessing technologies, increasing adoption of single-use systems, and the growing focus on personalized medicine and biologics are expected to drive market growth. As industries adapt to evolving healthcare needs and technological innovations, the bioreactors market will continue to expand, offering enhanced solutions for biopharmaceutical production and other applications.
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Beyond Borders: The Global Freeze Drying Market Offers Hope for Millions
The global Freeze Drying market a projected 8.6% compound annual growth rate (CAGR) from 2024 to 2034. A worth of USD 1,262.78 million is projected for 2024. By 2034, the market value is anticipated to reach USD 2,881.55 million.
The food processing and pharmaceutical industries are growing, which has led to a considerable increase in the usage of freeze drying as a method of preserving perishable items. Demand for freeze-dried goods is being driven by this industry, which offers numerous advantages such as improved desiccant drying and air-drying efficiency.
Enhance Research With a Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15758
Key Takeaways:
The global freeze drying market is estimated at US$1.26 billion in 2024 and is projected to reach US$2.88 billion by 2034, growing at a robust CAGR of 8.6%.
The expanding food processing and pharmaceutical industries are key drivers of market growth.
Rising awareness of freeze drying’s advantages, such as superior drying efficiency and product preservation, is fueling demand.
Competitive Analysis
The market for food freeze-drying machines has a competitive landscape with multiple freeze-drying manufacturers driving innovation and technological advancement. Leading providers of freeze drying exhibit creativity and innovation in a variety of technologies. Azbil Corporation, Zirbus Technology GmbH, and HOF Sonderanlagenbau GmbH all exhibit dependability and creative problem-solving.
The unique advantages of Cryotec.Fr, MechaTech Systems Ltd., and Millrock Technology, Inc. improve the competitive environment and drive the development of freeze-drying technology. Cuddon Freeze Dry, Martin Christ Gefriertrocknungsanlagen GmbH, and SP Industries, Inc. have a significant impact on the freeze drying market dynamics with their state-of-the-art lyophilized goods.
Pivotal Freeze Drying Providers:
Azbil Corporation
Zirbus Technology GmbH
HOF Sonderanlagenbau GmbH
Millrock Technology, Inc.
Cryotec.Fr
MechaTech Systems Ltd.
SP Industries, Inc.
Martin Christ Gefriertrocknungsanlagen GmbH
Cuddon Freeze Dry
Neologic Engineers Private Limited
Labconco Corporation
BÜCHI Labortechnik AG
Yamato Scientific America Inc.
Freeze Drying Systems Ltd.
Freeze Drying Systems Pvt. Ltd.
IMA – Industria Macchine Automatiche S.p.A.
GEA Group
Key Segments
By Product:
Dryer
Tray-style dryers
Rotary Freeze Dryers
Manifold Freeze Dryers
Accessories
Drying Chamber
Vacuum System
CIP (Clean-in-place) Systems
Other Accessories
By Scale of Operations:
Pilot-scale
Laboratory-scale
Industrial-scale
By Distribution Channel:
Biopharmaceutical Companies
Food and Beverage Companies
Academic and Research Institutes
CRO and CMO
Hospitals
Research Laboratories
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)
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Biopharmaceutical CMO And CRO Market Is Estimated To Witness High Growth Owing To Increasing Demand For Outsourcing
Biopharmaceutical CMOs and CROs provide services like clinical trial management, data management, medical writing, clinical monitoring to biopharmaceutical and biotechnology companies. They help reduce development costs and improve productivity. With rise in complex drug development projects, outsourcing non-core functions have become essential.
The global biopharmaceutical CMO and CRO market is estimated to be valued at US$ 41.71 Mn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: One of the key drivers for the growth of the biopharmaceutical CMO and CRO market is the increasing demand for outsourcing from biopharmaceutical companies. Due to high costs associated with drug development and pricing pressures, biopharma companies are increasingly outsourcing non-core activities like clinical trials to CROs and manufacturing to CMOs. This allows them to focus on drug discovery and commercialization while reducing fixed costs. Additionally, biopharmaceutical CMOs and CROs have capabilities across diverse therapeutic areas and expertise in handling complex projects involving novel biologics, vaccines, and cell and gene therapies. Their specialized expertise and economies of scale help accelerate development timelines and bring down costs for biopharma sponsors. SWOT Analysis Strength: The biopharmaceutical CMO and CRO market has experienced strong growth in recent years due to the increasing demand for biologics. CMOs provide services to drug makers from drug development to commercial manufacturing which helps biopharma companies focus on drug discovery. CROs help biopharma companies by outsourcing various research functions like preclinical and clinical trials which reduces operational costs. Weakness: CMOs and CROs face significant compliance and regulatory challenges to meet stringent manufacturing standards and quality controls set by regulatory agencies. Any issues with quality can damage reputation and business. Outsourcing clinical research also risks loss of control and intellectual property exposure. Opportunity: The growth of the biologics market and rising demand for personalized medicines is driving significant opportunity for CMOs and CROs. Emerging biotech companies also lack manufacturing capabilities and rely on CMOs. CROs can tap into the market for clinical trials outsourcing. Asia Pacific region offers lower costs that can boost outsourcing. Threats: Changing regulations and trade policies can disrupt operations and supply chains. Increasing M&A activity among CMOs and CROs leads to consolidation reducing client choice. Intense competition limits pricing power and pressure to diversify service offerings. Key Takeaways The global biopharmaceutical CMO and CRO market size is expected to witness high growth driven by the expanding biologics industry. The market size is projected to reach US$ 41.71 Mn in 2024 from US$ 31.13 Mn in 2021, registering a CAGR of 5.0% during the forecast period. Regional analysis:
North America currently dominates due to presence of major pharmaceutical players and global centers for drug development. However, Asia Pacific is expected to grow at the fastest pace due to rising scientific talent, lower costs and growing pharma industry in China and India. Countries are attracting CMOs and CROs through industry-friendly policies to boost local manufacturing and clinical research. Key players:
Key players operating in the biopharmaceutical CMO and CRO market are Albemarle Corporation, Greenchemicals S.r.l., ICL, Jordan Bromine Company, Kingboard Holdings Limited, LANXESS, Novel Chem, Shandong Brother Sci. & Tech. Co., Ltd., Shandong Futong Chemical Co., Ltd. and Tianjin Changlu Hangu Saltern Co., Ltd. The market has flourished due to strategic collaborations between biopharma firms and major global players. Market leaders are investing in expansions using advanced technologies to strengthen capabilities across various stages of drug development. Get more insights on this topic: https://www.newsstatix.com/biopharmaceutical-cmo-and-cro-market-industry-insights-trends-biopharmaceutical-cmo-and-cro-market/
#Biopharmaceutical CMO And CRO#Biopharmaceutical CMO And CRO Market#Biopharmaceutical CMO And CRO Market size#Biopharmaceutical CMO And CRO Market share#Biopharmaceutical CMO And CRO Market demand#Biopharmaceutical CMO And CRO Market analysis
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People looking for placements in pharmaceutical jobs must search for Hyderabad
It is comprised of companies that develop and manufacture innovative drugs and generic pharmaceuticals, as well as over-the-counter drug products. The sector is made up of a number of sub-sectors that service different market segments. These include brand-name pharmaceuticals, generic pharmaceuticals, biopharmaceutical small and medium-sized enterprises (biopharmaceutical SMEs), contract research organizations (CROs), and contract manufacturing organizations (CMOs). The pharmaceutical industry has its roots in the apothecaries and pharmacies that offered traditional remedies as far back as the Middle Ages, offering a hit-and-miss range of treatments based on centuries of folk wisdom. Merck in Germany was possibly the earliest company to move in this direction. Originating as a pharmacy founded in Darmstadt in 1668, in 1827 Heinrich Emanuel Mark began its transformation into an industrial and scientific concern producing and selling alkaloids. But the industry as we understand it today really has its origins in the second half of the 19th century.
Pharmaceuticals have been used to treat illnesses for thousands of years. The early days of medication included plants and herbal remedies to treat a variety of diseases and traumas. Today, the long and complex journey to demonstrate the safety and efficacy of a compound and bring it from the laboratory into the hands of patients in need, is a multi-billion-dollar global industry. Pharmaceuticals have contributed to improvements in life expectancy and quality of life of many patients. Medicines can cure, relieve symptoms, delay the onset of disease and prevent complications. The monetary atmosphere impacts the pharmaceutical business, however beneficial organizations result in more assessable income for the U.S. Individuals may censure this measure of benefit from one organization, yet consider this: The basic objective of each and every business is to profit. Pressurized canned products are simple and advantageous to apply and can be managed without the assistance of others. The onset of activity is speedier contrasted with other measurements frames on the grounds that the medicament is straightforwardly connected to the influenced region/part. Airborne structure can stay away from disintegration or inactivation of medication by the pH or enzymatic activity of the stomach or digestive tract furthermore can evade the principal pass digestion system. A particular measure of dosage or medication can be expelled from the compartment without pollution of outstanding substance. Plan of vaporized and keeping up valve control, the physical structure and the molecule size of the discharged item might be controlled, which may give adequacy of a medication. Pharma Recruitment Agency in Hyderabad provides recruitment supports.
Pharmacy as a career option has gained much importance over the last few years, especially during the covid-19 pandemic. Pharmaceuticals science is a broad and dynamic field that deals with the discovery, development and manufacture of drugs and related products. Pharmacists fill prescriptions in retail pharmacies or pharmacies attached to hospitals and clinics. They also dispense over-the-counter medications after evaluating a patient’s needs. Other pharmacy career options include working for pharmaceutical companies, food and drink companies, research organizations, and laboratories. With the exponential growth of the Pharmaceutical Industry in India, the requirement for pharmaceutical graduates has increased manifolds. To pursue a career in the Pharmaceutical sector, there are two major undergraduate-level courses in India. One is B. Pharmacy, and the other one is D. Pharmacy. During these four years course from top B. Pharmacy Colleges, students get acquainted with different types of pharmaceutical drugs, surgical instruments, human anatomy and physiology and the effects of certain drugs on the human body. A pharmacy clerk has a variety of responsibilities, including filling prescriptions for customers, completing cash register transactions and updating patient information records. A pharmacist has in-depth knowledge of pharmaceutical products and their appropriate use. They assess and fill medication prescriptions for patients and if necessary may discuss medicinal alternatives with doctors and other medical professionals. They are one of the Top Pharma Recruitment Agency in Hyderabad.
The pharmaceutical industry is one of the fastest growing industries in the world today. There is tremendous progress being made in pharmaceutical science in terms of cutting-edge research, advanced treatments and modern medicines. Currently, the pharmaceutical industry in India is valued at 50 billion US dollars. The pharmaceutical industry in India is expected to reach 65 billion US dollars by 2024 and 130 billion US dollars by 2030. The students who want to be in the healthcare sector yet do not want to get into the medical field have the option of taking up Pharmacy as an undergraduate program. It is an industry-oriented program and this is the reason why most of the top pharmacy colleges in India are able to easily offer jobs to students. Best Pharma Recruitment Agency in Hyderabad provides support in many sectors. Some of the areas that a pharmacy course at the top pharmacy colleges covers include human anatomy and physiology, pharmaceutical chemistry, biochemistry, pharmaceutics, pharma management, pharma engineering, and pharmacology. Some colleges also teach nanotechnology and data science to give their students an edge over other pharma graduates.
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Glycan Analysis Market to see Booming Business Sentiments
Latest released the research study on Global Glycan Analysis Market, offers a detailed overview of the factors influencing the global business scope. Glycan Analysis Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Glycan Analysis The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Sartorius Stedim BioOutsource (Germany), ProZyme (United States), S-Bio (United States), Thermo Fisher Scientific (United States), Waters Corp (United States), Agilent Technologies (United States),
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Glycan Analysis Market Definition:
Glycans are carbohydrate-based polymers made by all living organisms. Glycans are also called polysaccharides. These are essential biomolecules serving structure, energy storage and system regulatory purposes. Many biopharmaceuticals are glycosylated proteins produced by living cell systems includes monoclonal antibodies and other recombinant protein products. Protein glycosylation increases protein stability in vitro and protects protein from proteolytic degradation.
Market Trend:
Technological Development and Innovations in Healthcare
Market Drivers:
Increasing Use of Biopharmaceutical Products
Rising Prevalence of Cancer, Autoimmune Diseases or Other Life-Threatening Diseases
Increasing Government Funding for Research and Development Activities
Market Opportunities:
Growing Pharmaceutical Industry Worldwide
Increasing Research and Development Investment by Major Players
The Global Glycan Analysis Market segments and Market Data Break Down are illuminated below:
by Analysis (Mass Spectrometry (MS), High-Performance Liquid Chromatography (HPLC), Capillary Electrophoresis (CE), Isoelectric Focusing (IEF) Polyacrylamide Gel (PAGE) Electrophoresis), End-User (Research Institutes, Biopharmaceutical Companies, CROs, CMOs)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Glycan Analysis Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Glycan Analysis market
Chapter 2: Exclusive Summary – the basic information of the Glycan Analysis Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Glycan Analysis
Chapter 4: Presenting the Glycan Analysis Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Glycan Analysis market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Glycan Analysis Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Glycan Analysis Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources ��� Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Contract Logistics Market 2023-2031 Increasing Demand With SWOT Analysis and Growth Strategies by Top Companies
Contract Logistics Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Contract Logistics industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries. “Contract Logistics market was estimated at USD 282542.93 million, and it’s anticipated to reach USD 425815.91 million in 2031, with a CAGR of 4.66% during the forecast years.”
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Segment by Type
Outsourcing
Insourcing
Which growth factors drives the Contract Logistics market growth?
Increasing use of is expected to drive the growth of the Contract Logistics Market.
Segment by Application
Aerospace
Automotive
High-Tech
Pharma & Healthcare
Retail
Others
Market Segment by Region/Country Including: -
North America (United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
South America (Brazil, Argentina, Colombia, etc.)
Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
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Single-use Bioprocessing Systems Market to Witness Robust Growth in 2022-2030
Single-use bioprocessing systems are a collection of disposable equipment and consumables used in the manufacture of biopharmaceuticals. These systems are intended to be used once and then discarded, reducing the requirement for cleaning, sterilisation, and validation that is associated with standard stainless-steel equipment.
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Global Single-use Bioprocessing Systems Market was valued at US$ 9,875.6 million in 2022 and is anticipated to reach US$ 35,165.8 million by the end of 2030 expected to register a CAGR of 17.2% from 2023 to 2030.
Single-use bioprocessing devices have become increasingly popular due to their versatility, speed, and cost-effectiveness. Biopharmaceutical companies can quickly and easily adjust to changing production demands, reduce contamination risk, and lower capital and operational expenses. The market offers a range of components for single-use bioprocessing systems, including bags, filters, bioreactors, mixers, connections, tubing, and other accessories, which are used throughout the biopharmaceutical production process, including cell culture, filtration, purification, and formulation.
The market for single-use bioprocessing systems is being driven by several factors, including increasing demand for biopharmaceuticals, the need for cost-effective manufacturing solutions, and a growing desire for flexible and modular production systems. In the coming years, the market is expected to expand further as biopharmaceutical companies increasingly adopt single-use solutions to address the challenges of a rapidly changing industry.
Factors responsible for the boost in the Single-use Bioprocessing Systems Market:
The market for single-use bioprocessing systems is on the rise due to several contributing factors. Firstly, there is a growing demand for biopharmaceuticals globally, driven by the increasing prevalence of chronic illnesses, an aging population, and the development of new biologics. Single-use bioprocessing systems offer a flexible and cost-effective solution for biopharmaceutical companies to meet this demand.
In addition, single-use systems have several advantages over traditional stainless-steel equipment, including a reduced risk of contamination, increased flexibility, and less time required for cleaning and validation. These benefits have led to an increased demand for single-use systems in biopharmaceutical production.
Single-use bioprocessing systems are also more affordable than traditional stainless-steel equipment, particularly for small to medium-scale biopharmaceutical production. They do not require cleaning, sterilization, or validation, which minimizes capital and running costs.
Modular manufacturing is gaining popularity in the biopharmaceutical sector, allowing producers to quickly and easily adjust to changing production demands. Single-use bioprocessing systems are a vital component of modular production systems due to their flexibility and ease of use.
Outsourcing of manufacturing operations to contract research and manufacturing groups (CROs and CMOs) is also becoming increasingly popular. CROs and CMOs choose single-use bioprocessing systems due to their cost-effectiveness, scalability, and flexibility.
Finally, technological advancements have led to the development of high-performance single-use systems with greater efficiency, scalability, and reliability. Overall, the rising demand for biopharmaceuticals, the benefits of single-use systems, cost-effectiveness, a growing preference for modular production and outsourcing, and technological improvements are all contributing to the growth of the single-use bioprocessing systems market.
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Emerging Markets for Single-use Bioprocessing Systems Market:
The Asia-Pacific single-use bioprocessing systems market is growing due to the increasing demand for biopharmaceuticals. This demand is driven by the region’s ageing population and high burden of chronic illnesses, leading to a need for new biologics. To meet this demand, producers are turning to cost-effective and flexible single-use bioprocessing systems.
Investments in biopharmaceutical research and development are also contributing to the growth of this market. Countries like China, India, and South Korea have made significant investments in this field, resulting in a rise in the biopharmaceutical sector and an increased demand for single-use bioprocessing equipment.
The expanding biomanufacturing industry in the region is another factor boosting demand for single-use bioprocessing equipment. Many biomanufacturing facilities are using modular manufacturing systems, which require flexible and cost-effective production equipment like single-use systems.
Overall, the Asia-Pacific area is becoming a lucrative market for single-use bioprocessing equipment due to the increased demand for biopharmaceuticals, investments in biopharmaceutical R&D, and a growing biomanufacturing industry.
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Unveiling the Potential: Biopharmaceutical CMO & CRO Market Poised to Surge to $54.1 Billion by 2030
Biopharmaceutical CMO & CRO Market Growth & Trends The global biopharmaceutical CMO and CRO market size is expected to reach USD 54.1 billion by 2030, registering a CAGR of 5.90% over the forecast period, according to a new report by Grand View Research, Inc. Post-pandemic the market is being driven by the growing interest of conventional drug developers in the biological therapeutics. At…
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Bioprocess Containers Market projected to grow to USD 9.6 billion by 2026
Bioprocess Containers Market by Type (2D and 3D Bags, Accessories), Application (Process development, Upstream and Downstream Process), End User (Pharma & Biopharma Companies, CMOs & CROs, Academic & Research Institute) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global bioprocess containers (BPCs) market is projected to grow from USD 2.9 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 26.3% during the forecast period.
Bioprocess containers are single-use, flexible containers system widely incorporated for handling sterile liquids. Moreover, these containers are employed for vaccine manufacturing and media preparation in the biopharmaceutical industry. Their basic function is to increase the speed of ongoing biopharmaceutical process and aid in storage of sterile fluids. Furthermore, bioprocess containers are cost-effective and are equipped with plastic films, ports, tubing, and fittings. They are readily integrated into a variety of high-performance systems for all steps in the production of biologics.
Growing biologics market, affordability and sustainability of single-use bioprocess technologies, and rising biopharmaceutical R&D and their power density are some of the factors that have supported long-term expansion for Bioprocess Containers Market.
World Health Organization (WHO) officially declared the outbreak of the virus as a pandemic, a mix of established pharmaceutical companies, as well as players in the bioprocess containers market, have stepped forward to develop treatments and vaccines that target the infection caused by the novel coronavirus. Therefore, the growing adoption of single-use technologies for COVID-19 pandemic-related research, coupled with increasing vaccine development by key players, is expected to have a positive impact on the bioprocess containers market.
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Regional Analysis
North America accounted for the largest share of the bioprocess containers market. The large share of North America can be attributed to the presence of an established biopharmaceuticals industry and major players in the region.
Competitive Landscape
Sartorius Stedim Biotech
Thermo Fisher Scientific
Danaher Corporation
Merck Millipore
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Recent Developments
In June 2021, Avantor, Inc. (US) acquired RIM Bio, a leading China-based manufacturer of single-use bioprocess bags and assemblies for biopharmaceutical manufacturing applications. This acquisition helped the company expand its bioproduction footprint in China.
In April 2021, Sartorius Stedim Biotech (France) opened a new Customer Interaction Center (CIC) in Beijing, China, to expand its presence in China and to meet the high demand from the growing biopharmaceuticals market.
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Report Scope
Bioprocess Containers Market is segmented into type, application, end user and region.
On the basis of Type
2D bioprocess containers
3D bioprocess containers
On the basis of Application
Upstream Processes
Downstream Processes
Process Development
On the basis of End-User
Pharmaceutical & Biopharmaceutical Companies
CROs & CMOs
Academic & Research Institutes.
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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Plant Derived Proteins Market Trend, Gross Earning and Emerging Growth Opportunity by 2029 | FMI
The global Plant Derived Proteins Market is expected to reach US$ 105 Million by the end of 2022. Growing R&D activities for the creation of more effective pharmaceuticals and biologics, particularly in nations such as India, China, the United States, and the United Kingdom, are likely to drive market expansion.
Plant-derived proteins are recognized as natural and environmentally-sustainable than microbial and mammalian cells. Owing to these benefits, there has been an increasing demand for such proteins from biopharmaceutical companies, as raw materials for therapeutic drug production, creating an absolute opportunity for growth of the plant derived proteins market.
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Key Takeaways of Plant Derived Proteins Market Study
The production of therapeutic proteins for disease treatment will gain traction, contributing more than 70% to global market revenues in 2029.
Owing to low setup cost, transient plant expression systems (carrot or tobacco) remains preferred among protein manufacturers.
Regenerative medicine-therapeutic agents continue to be the leading application area, on the back of their relatively cheap price point.
Biopharmaceutical companies represent the leading consumer industry of plant derived proteins, with over 50% share in market throughout the forecast period.
North America continues to lead, whereas East Asia holds the promise of lucrative opportunities, owing to several healthcare programs.
Acquisition Key Strategy Followed by Leading Market Players
Leading manufacturers in the plant derived proteins market are focusing on regional acquisition strategy to enhance their product portfolio and expand their regional presence. For instance, in 2017, Denka buys pharming pioneer Icon Genetics, which is a leading manufacturers of therapeutic proteins in plants. In 2014, Kentucky BioProcessing, Inc. was acquired by Reynolds American Inc., which is a wholly owned subsidiary of tobacco manufacturing company British American Tobacco plc.
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Interested in more insights on the build-up of plant derived proteins market?
Plant derived proteins market, a new study from future market insights, opines on the production of plant derived proteins from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of; plant type (tobacco, carrot, rice, barley and others), protein type (industrial proteins & enzymes, therapeutic proteins cell culture functional proteins and others), application (regenerative medicine-therapeutic agents, regenerative medicine-functional material, cell culture application and others), platform (in-vitro culture system, whole plants and others) and end user (biopharmaceutical companies, academic & research institutes, contract research organization (CROS), contract manufacturing organization (CMOS)) across seven prominent regions.
Vegetarian Proteins are proteins that come from plant sources, such as beans, lentils, nuts, and seeds. They are an excellent source of nutrition, containing all essential amino acids required for building and repairing tissues in the body.
Plant Derived Proteins Market by Category
By Plant:
Tobacco
Rice
Carrot
Barley
Others
By Protein:
Industrial Proteins& Enzymes
Therapeutic Proteins
Blood Proteins
Cell Culture Functional Proteins
Others
By Platform:
In-vitro Cell Culture Systems
Whole Plants
Others
By Application:
Regenerative Medicine-Therapeutic Agents
Regenerative Medicine-Functional Material
Cell Culture Application
Others
By End User:
Biopharmaceutical Companies
Academic & Research Institutes
Contract Research Organization (CROs)
Contract Manufacturing Organization (CMOs)
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