PUBLISHER: Lucintel | PRODUCT CODE: 1417101
PUBLISHER: Lucintel | PRODUCT CODE: 1417101
The future of the global bio-process technology market looks promising with opportunities in the biopharmaceutical, contract manufacturing organization, and academic research institute markets. The global bio-process technology market is expected to reach an estimated $71.7 billion by 2030 with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are growing demand for next-generation bio-based products and rising prevalence of chronic diseases.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global bio-process technology by product type, application, end use, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-process technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-process technology companies profiled in this report include-
Lucintel forecasts that biologics safety testing is expected to witness the highest growth over the forecast period.
Within this market, biopharmaceutical is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Market Size Estimates: Bio-process technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bio-process technology market size by product type, application, end use, and region in terms of value ($B).
Regional Analysis: Bio-process technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, end uses, and regions for the bio-process technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bio-process technology market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the bio-process technology market size?
Answer: The global bio-process technology market is expected to reach an estimated $71.7 billion by 2030.
Q2. What is the growth forecast for bio-process technology market?
Answer: The global bio-process technology market is expected to grow with a CAGR of 12.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bio-process technology market?
Answer: The major drivers for this market are growing demand for next-generation bio-based products and rising prevalence of chronic diseases.
Q4. What are the major segments for bio-process technology market?
Answer: The future of the bio-process technology market looks promising with opportunities in the biopharmaceutical, contract manufacturing organization, and academic research institute markets.
Q5. Who are the key bio-process technology market companies?
Answer: Some of the key bio-process technology companies are as follows.
Q6. Which bio-process technology market segment will be the largest in future?
Answer: Lucintel forecasts that biologics safety testing is expected to witness the highest growth over the forecast period.
Q7. In bio-process technology market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.