The global bioprocess technology market was valued at over US$ 20 Bn in 2017 and is anticipated to expand at a CAGR of around 9.0 % from 2018 to 2026 to reach around US$ 44 Bn by 2026.
Albany, NY -- (SBWIRE) -- 08/15/2018 -- The market for Bioprocess Technology Market growing with the expansion of this Industry Sector Worldwide. Market Research Report Search Engine (MRRSE) has added a new report titled “Bioprocess Technology Market – Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2018-2026” which offer details about the current trends as well as scope for the near future. This research study also covers information about the production and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the concerned Bioprocess Technology Market is highlighted in the report which indicates a prosperous future.
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Bioprocess is defined as a technique that is used to produce biological materials such as genetically microbial strain, and commercially useful chemicals through biological processes. Increase in interest in areas of life science such as pharmacology & toxicology, biotechnology, etc. for the development of advanced medicines and vaccines has created the need for advanced bioprocess technology. However, limited adherence of biological product development and shift toward stratified medicine are likely to hamper the market during the forecast period.
The global bioprocess technology market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on product, application, end-user, and region. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the overview section. Additionally, the section comprises a competitive matrix and company profiles along with business overview to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis by geography and market share analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global bioprocess technology market.
Global Bioprocess Technology Market: Key Segments
In terms of product, the global bioprocess technology market has been segmented into instrument and consumables & accessories. byThe instrument segment has been further categorized into bioprocess analyzers, blood gas analyzers, osmometers, cell counter systems, bioreactors, incubators, and others. byThe consumables & accessories segment has been further segmented into culture media, reagents, and others. In terms of application, the global bioprocess technology market has been classified into antibiotics, recombinant proteins, monoclonal antibodies, and biosimilars. In terms of end-user, the global bioprocess technology market has been classified into biopharmaceutical companies, contract manufacturing organizations, academic research institutes, food & feed industry, contract research organizations, and others. The market has been analyzed based on price variations, technology trend, and presence of key players. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year.
Global Bioprocess Technology Market: Regional Outlook
In terms of region, the global bioprocess technology market has been segmented into five major regions and the key countries in the respective regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (South Africa, GCC Countries, and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.
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Companies Mentioned in Report
The report also profiles the major players in the market in terms of various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the global bioprocess technology market are Thermo Fisher Scientific, Inc, Sartorius AG, Roche, GENERAL ELECTRIC, Danaher, Nova Biomedical, Advanced Instruments, Inc., Lonza, Becton, Dickinson and Company, and Siemens Healthneers.
The global bioprocess technology market has been segmented as follows:
Global Bioprocess Technology Market, by Product
Instruments
Bioprocess Analyzers
Blood Gas Analyzers
Osmometers
Bioreactors
Incubators
Cell Counter Systems
Others (Mass Spectroscopy, Centrifugation, Filtration, etc.)
Consumables and Accessories
Culture Media
Reagents
Others
Global Bioprocess Technology Market, by Application
Antibiotics
Recombinant Proteins
Biosimilars
Others
Global Bioprocess Technology Market, by End-user
Biopharmaceutical Companies
Contract Manufacturing Organization
Academic Research Institutes
Food and Feed industry
Contract Research Organization
Others
Global Bioprocess Technology Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
Australia & New Zealand
India
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
South Africa
GCC Countries
Rest of Middle East and Africa
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