Global Digital Biomanufacturing Market Report 2023-2027 - Digital Tools Reshaping Biomanufacturing and Pharmaceutical R&D

News provided by

Oct 17, 2023, 05:30 ET

DUBLIN, Oct. 17, 2023 /PRNewswire/ -- The "Digital Biomanufacturing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technology, By Application, By End User, By Company and By Region" report has been added to ResearchAndMarkets.com's offering.

The global digital biomanufacturing market is anticipated to observe impressive growth during the forecast period 2023-2027

The digital biomanufacturing market is influenced by several key factors driving its growth. These factors include the increasing adoption of automation across various industries, a shift towards digitalization and biomanufacturing in healthcare, and significant technological advancements that are shaping the market landscape.

Digital biomanufacturing encompasses the application of digital technologies, such as computer-aided design (CAD) and computer-assisted machining (CAM), in manufacturing processes. These technologies enhance the quality, efficiency, and safety standards of production processes.

Furthermore, the market's growth is facilitated by extensive research and development efforts, the growing demand for biologics, a focus on reducing errors, costs, and production time, substantial investments from both private and public sectors, a rising number of collaborations among companies and contract manufacturing organizations, particularly in emerging economies.

The adoption of automation processes in various industries is a significant driver of market growth. Outdated methods in many companies have posed challenges, prompting a shift towards automation.

Automation not only enhances efficiency but also improves the quality of industrial processes and production rates. In research laboratories, automation plays a crucial role in the development of new therapeutic interventions, such as pharmaceuticals and cell-based therapies. For example, companies like Arctoris use robotics, Artificial Intelligence, and blockchain to produce reliable data for drug discovery.

Technological advancements are another vital contributor to the market's expansion. Pharmaceutical, biotechnology companies, and research laboratories are witnessing rapid advancements in tools and techniques. Digital tools like AI, digital twins, smart workflows, and robotics are integrated into equipment to optimize manufacturing processes. The demand for productivity and marketing biotherapeutics has led to increased adoption of digital manufacturing processes.

Collaborations and partnerships among private sector players, industry-government, and academic organizations are also fueling the adoption of modern technologies for biomanufacturing.

Companies like Cytiva have adopted systems like Rockwell Automation PlantPAx and their own software to automate bioprocess equipment, making data accessible through MES applications and streamlining processes such as electronic batch records and scheduling. These partnerships strengthen the growth prospects of the market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Digital Biomanufacturing Market

Agilent Technologies, Inc.
Danaher Corporation
Donaldson Company, Inc.
SAP SE
Honeywell International Inc.
Emerson Electric Company
Siemens Healthineers AG
Atos SE
GE Healthcare
e-matica srl

Report Scope:

Digital Biomanufacturing Market, By Technology:

AI & IOMT Solutions
Process Analytical Technologies
Data Analytics Software
Others

Digital Biomanufacturing Market, By Application:

Biomanufacturing Process Automation and Control
Bioprocess Optimization and Process Analytics
Flexible Manufacturing

Digital Biomanufacturing Market, By End User:

Biotechnology & Pharmaceutical Companies
Academic & Research Institutions
Others

Digital Biomanufacturing Market, By Region:

North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
Australia
South Korea
Europe & CIS
Germany
France
United Kingdom
Spain
Italy
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

For more information about this report visit https://www.researchandmarkets.com/r/5u1ozv

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets