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The bioprocess technology market size is forecast to increase by USD 48.3 billion, at a CAGR of 11% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by advancements in various sectors. Downstream processing techniques, such as protein purification and enzyme production, are being refined to enhance yield and product quality attributes. Bioreactor design is a critical aspect of continuous bioprocessing, with a focus on process intensification and scale-up challenges. Data analytics plays an integral role in bioprocess automation, enabling real-time monitoring and advanced analytics for GMP compliance. Microbial fermentation processes are undergoing transformation, with genetic engineering and regulatory approval shaping the landscape. Environmental impact is a growing concern, leading to the adoption of sustainable bioprocessing methods.
In-line sensors and process analytical technology facilitate bioprocess monitoring and optimization, ensuring product consistency and quality. Fermentation optimization, cell line development, and process validation are essential components of biopharmaceutical manufacturing. Upstream processing and wastewater treatment are also undergoing significant advancements to improve efficiency and reduce environmental impact. The ongoing development of single-use bioreactors and process simulation tools is further driving innovation in the market. Bioprocess technology's continuous dynamism is reflected in its applications across various sectors, from antibody production and vaccine manufacturing to cell culture technology and bioremediation. The integration of process intensification, yield optimization, and quality control strategies is essential for maintaining competitiveness and meeting evolving market demands.
The bioprocess technology industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The biopharmaceutical companies segment is estimated to witness significant growth during the forecast period.
Bioprocess technology plays a pivotal role in the production of biopharmaceuticals, which are derived from biological sources for therapeutic applications. These include vaccines, blood components, allergenics, stem cells, tissues, gene therapies, antibodies, recombinant therapeutic proteins, and living cells. The demand for biopharmaceuticals, particularly those produced from mammalian cells, has surged due to their ability to speed up recovery, cure a broad spectrum of diseases, and offer fewer side effects compared to conventional drugs. This preference for biopharmaceuticals has led to an increase in the number of biopharmaceutical companies. Downstream processing, a critical aspect of bioprocess technology, ensures the purification and formulation of these complex biomolecules.
Bioreactor design, an essential component of upstream processing, optimizes the growth of microorganisms or cells for bioproduction. Continuous bioprocessing enhances productivity and reduces costs by maintaining consistent production conditions. Data analytics, advanced and real-time, plays a crucial role in monitoring and optimizing bioprocesses. Regulatory approval, a stringent requirement for biopharmaceutical manufacturing, necessitates adherence to Good Manufacturing Practices (GMP) and rigorous process validation. Scale-up challenges are addressed through process simulation and optimization techniques. Genetic engineering and cell line development enable the production of complex biomolecules, while cell culture technology and protein purification ensure product quality attributes. Environmental impact and sustainability are addressed through wastewater treatment and the adoption of sustainable bioprocessing practices.
In-line sensors and process analytical technology facilitate real-time monitoring and yield optimization. Continuous process validation, fermentation optimization, and quality control ensure consistent product quality. Enzyme production, a significant application of bioprocess technology, is driven by the demand for industrial enzymes in various sectors. Vaccine manufacturing, a critical application of bioprocess technology, is gaining significance due to the ongoing pandemic and the need for rapid and efficient vaccine production. Process intensification and automation are key trends in the market, driven by the need for increased productivity, reduced costs, and improved product quality.
The Biopharmaceutical companies segment was valued at USD 26.90 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 49% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the realm of bioprocess technology, continuous advancements are shaping the industry landscape. Downstream processing plays a pivotal role in optimizing product quality attributes through protein purification and yield optimization. Bioreactor design, incorporating continuous bioprocessing and microbial fermentation, is revolutionizing production methods. Data analytics and advanced analytics enable real-time monitoring and process validation, ensuring GMP compliance. In-line sensors and process analytical technology facilitate efficient bioprocess automation. Environmental impact is a significant concern, leading to the adoption of sustainable bioprocessing and wastewater treatment. Scale-up challenges are being addressed through process simulation and single-use bioreactors. Genetic engineering and cell line development are crucial for antibody production and enzyme manufacturing.
Regulatory approval processes are streamlined through digital solutions and bioprocess monitoring. Major players, such as Thermo Fisher Scientific, Danaher, and Becton, Dickinson and Co., are investing in innovative bioprocessing solutions. For instance, Thermo Fisher Scientific's new product, the BD Kiestra lab automation incubation and imaging system, is transforming urine culture analysis in microbiology labs. Fermentation optimization and cell culture technology are also undergoing process intensification, driving market growth. Overall, the market is witnessing a dynamic evolution, with a focus on improving efficiency, enhancing product quality, and ensuring regulatory compliance.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market encompasses a diverse range of applications, from pharmaceuticals and biopharmaceuticals to industrial biotechnology and food and beverage industries. This technology focuses on the production of biochemicals, biofuels, and advanced intermediates using living organisms or biological systems. With considerations like cost-effectiveness, scalability, and sustainability becoming increasingly important, bioprocess technology is gaining traction as a preferred choice for various industries. Key areas involve the optimization of fermentation processes, downstream processing, and upstream process development. Through methods such as metabolic engineering, process automation, and continuous bioprocessing, researchers and industry professionals are striving to improve efficiency and productivity. For instance, metabolic engineering enables the modification of microbial strains to enhance their ability to produce desired bioproducts. Moreover, the integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) is revolutionizing bioprocess technology. AI and ML algorithms can be employed for process optimization, predictive maintenance, and real-time monitoring, leading to improved yield and reduced operational costs. Furthermore, the development of bioprocess intensification strategies, such as membrane technology and supercritical fluid extraction, is paving the way for more sustainable and eco-friendly production processes. In conclusion, the market is witnessing significant advancements, driven by the need for cost-effective, scalable, and sustainable production processes. The integration of advanced technologies like AI, ML, and bioprocess intensification strategies is set to further revolutionize this dynamic market.
The bioprocess technology market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the bioprocess technology market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, bioprocess technology market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Advanced Instruments LLC - This company specializes in advanced bioprocess technology, including the OsmoTECH HT Automated Micro Osmometer and Solentim VIPS systems. These technologies facilitate precise osmometry measurements and automated cell culture monitoring, respectively, enhancing research efficiency and accuracy.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Bioprocess Technology Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11% |
Market growth 2024-2028 |
USD 48.3 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
9.9 |
Key countries |
US, Germany, UK, Japan, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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