DUBLIN, April 26, 2022 /PRNewswire/ -- The "Worldwide Biopharmaceutical Processing Equipment and Consumables Industry - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The biopharmaceutical processing equipment and consumables market is expected to grow at a CAGR of 10.3% from 2022 to 2029 to reach $70.84 billion by 2029.
Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities. The growth in the biopharmaceutical processing equipment and consumables market is mainly attributed to the various initiatives supporting the adoption of biopharmaceuticals, capacity expansions undertaken by various biopharmaceutical companies, and growing adoption of single-use bioprocessing in commercial bioproduction. In addition to this, emerging economies, growing developments in personalized medicines, and the shift towards bioprocessing 4.0 industries are likely to offer opportunities for market growth.
Based on product type, the filtration systems segment is estimated to account for the largest share of the market in 2022. The key factors attributing to the largest share are the repetitive use of filtration systems across each stage in the bioprocessing and technological advancements in the filtration systems. The technological advancements in filtration largely focus on improving filtration titers and developing single-use filtration systems.
Based on application, the market is segmented into commercial bioproduction and research bioproduction. The commercial bioproduction segment is estimated to account for the largest share of the market in 2022. To meet the growing demand for biopharmaceuticals, biopharmaceutical companies are expanding their production capacities, developing new facilities, and moving to the emerging biopharmaceutical hubs like India and Singapore, further accelerating the demand for biopharmaceutical processing equipment.
Based on end user, the contract development and manufacturing organizations (CDMOs) segment is likely to emerge with the fastest growth over the forecast period. A trend of biopharmaceutical manufacturing outsourcing is supporting market growth.
An in-depth analysis of the geographical scenario of the biopharmaceutical processing equipment and consumables market provides detailed qualitative and quantitative insights of five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region.
Europe is estimated to command the largest share of the biopharmaceutical processing equipment and consumables market in 2022, followed by North America, Asia-Pacific, Latin America, and Middle East & Africa. Presence of leading biopharmaceutical processing equipment and consumables manufacturers, increasing sales of drugs, support from government and regulatory authorities to promote the use of biopharmaceuticals for various health indications, and various companies expanding their manufacturing capacities as well as their operations.
Some of the key players operating in the global biopharmaceutical processing equipment and consumables are 3M Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Agilent Technologies, Inc (U.S.), Repligen Corporation (U.S.), Sartorius AG (Germany), Merck KGaA (Germany), Eppendorf AG (Germany), and Solaris Biotechnology Srl (Italy).
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growth of Biopharmaceuticals Market
4.2.1.1. Rising Adoption of Biopharmaceuticals
4.2.1.2. Strong R&D Pipeline for Biopharmaceuticals
4.2.1.3. Government Initiatives
4.2.2. Capacity Expansions of Biopharmaceutical Plants
4.2.3. Growing Adoption of Single-use Bioprocessing Equipment
4.3. Restraints
4.3.1. Complex Development and Manufacturing Process of Biopharmaceuticals
4.4. Opportunities
4.4.1. Emerging Economies
4.4.2. Shift Towards Bioprocessing 4.0
4.4.3. The Rising Adoption of Personalized Medicines
4.5. Challenges
4.5.1. Intensive Capital Requirements for Biopharmaceuticals Production
4.6. Market Trends
4.6.1. Use of Disposable Processing Equipment for Commercial Production
4.6.2. Rising Focus on Continuous Bioprocessing
4.7. Impact of COVID-19
5. Biopharmaceutical Processing Equipment and Consumables Market, by Product Type
5.1. Introduction
5.2. Filtration Systems
5.3. Chromatography Equipment and Consumables
5.3.1. Chromatography Consumables
5.3.2. Chromatography Equipment
5.4. Bioreactors
5.4.1. Single-use Bioreactors
5.4.2. Reusable Bioreactors
5.5. Cell Culture Products
5.5.1. Cell Culture Media
5.5.1.1. Cell Culture Media, by Physical Form
5.5.1.1.1. Dry Powder Media
5.5.1.1.2. Liquid Media
5.5.1.2. Cell Culture Media, by Type
5.5.1.2.1. Off-the-shelf Media
5.5.1.2.2. Custom Media
5.5.1.3. Cell Culture Media, by Source
5.5.1.3.1. Chemically Defined Media
5.5.1.3.2. Natural Media
5.5.2. Reagents and Supplements
5.5.3. Cells and Cell Lines
5.5.4. Cell Culture Serum
5.6. Bioprocessing Containers (BPC)
5.7. Sterilizers
5.8. Mixers/Mixing Systems
5.9. Incubators
5.10. Centrifuges
5.11. Shakers
5.12. Biosafety Cabinets
5.13. Other Consumables and Accessories
5.14. Services
6. Biopharmaceutical Processing Equipment and Consumables Market, by Application
6.1. Introduction
6.2. Commercial Bioproduction
6.2.1. Monoclonal Antibody Production
6.2.2. Therapeutic Protein Production
6.2.3. Vaccine Production
6.2.4. Cell and Gene Therapy
6.3. Research Bioproduction
7. Biopharmaceutical Processing Equipment and Consumables Market, by End-user
7.1. Introduction
7.2. Pharmaceutical and Biopharmaceutical Companies
7.3. Contract Development and Manufacturing Organizations (CDMO)
7.4. Academia and Research Institutes
8. Biopharmaceutical Processing Equipment and Consumables Market, by Geography
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. France
8.2.3. U.K.
8.2.4. Italy
8.2.5. Switzerland
8.2.6. Spain
8.2.7. Ireland
8.2.8. Denmark
8.2.9. Belgium
8.2.10. Rest of Europe
8.3. North America
8.3.1. U.S.
8.3.2. Canada
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5. Latin America
8.6. Middle East & Africa
9. Competitive Landscape
9.1. Introduction
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Market Share Analysis (2021)
9.4.1. Danaher Corporation (U.S.)
9.4.2. Thermo Fisher Scientific Inc. (U.S.)
9.4.3. Sartorius AG (Germany)
10. Company Profiles
10.1. Thermo Fisher Scientific Inc.
10.1.1. Business Overview
10.1.2. Financial Overview
10.1.3. Product Portfolio
10.1.4. Strategic Developments
10.2. 3M Company
10.2.1. Business Overview
10.2.2. Financial Overview
10.2.3. Product Portfolio
10.2.4. Strategic Developments
10.3. Bio-Rad Laboratories, Inc.
10.3.1. Business Overview
10.3.2. Financial Overview
10.3.3. Product Portfolio
10.4. Danaher Corporation
10.4.1. Business Overview
10.4.2. Financial Overview
10.4.3. Product Portfolio
10.4.4. Strategic Developments
10.5. Agilent Technologies, Inc.
10.5.1. Business Overview
10.5.2. Financial Overview
10.5.3. Product Portfolio
10.5.4. Strategic Developments
10.6. Repligen Corporation
10.6.1. Business Overview
10.6.2. Financial Overview
10.6.3. Product Portfolio
10.6.4. Strategic Developments
10.7. Sartorius AG
10.7.1. Business Overview
10.7.2. Financial Overview
10.7.3. Product Portfolio
10.7.4. Strategic Developments
10.8. Merck KGaA
10.8.1. Business Overview
10.8.2. Financial Overview
10.8.3. Product Portfolio
10.8.4. Strategic Developments
10.9. Eppendorf AG
10.9.1. Business Overview
10.9.2. Financial Overview
10.9.3. Product Portfolio
10.9.4. Strategic Developments
10.10. Solaris Biotechnology Srl
10.10.1. Business Overview
10.10.2. Product Portfolio
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/5usuw3
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: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article