Bioprocess Technology Market 2022-2028

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Title:Global Bioprocess Technology Market Size, Share and Trends Analysis Report, By Product Type (Instruments (Bioprocess Analyzers, Gas Analyzer, Osmometers, Bioreactor, and Incubators), and Consumables and Accessories (Culture Media, and Reagents)), By Process (Batch, Fed-Bath, and Continuous Fermentation), By End-User (Biotechnology and Biopharmaceutical Companies, Research and Academic Institutions, and Others) Forecast 2022-2028.

The global bioprocess technology market is expected to grow at a significant CAGR of 8.2% during the forecast period. One of the prominent factors that increase the demand for bioprocess technology includes the increased production of biopharmaceuticals and the immense availability of recombinant proteins and vaccines. In addition, the rising demand for precision medicine is propelling market growth. Moreover, the rise in the biotechnology industry and funding provided by the government for biotechnology R&D will further propel the growth of the market. For instance, according to India Brand Equity Foundation (IBEF), the Indian Biotechnology industry is expected to reach $150 billion by 2025, and the contribution of the Indian biotechnology sector to the global biotechnology market is projected to grow to 19%. In addition, bio-service accounted for 15% of the biotechnology industry in 2021 and has provided a destination for clinical trials, and contract research. Hence, the contribution of biotechnology, and the rising patients' need for innovative medication have led to the demand for bioprocess technology.

The global bioprocess technology market is segmented based on product type, process, and end user. Based on product type, the market is segmented into instruments and consumables and accessories. Based on the process, the market is segmented into the batch, fed-bath, and continuous fermentation. Based on end-user, the market is segmented into biotechnology and biopharmaceutical companies, research and academic institutions, and others. In 2021, the Instruments segment held a major share in the global bioprocess technology market. An increase in the usage of advanced bioprocess instruments mainly in R&D, and the range of benefits provided by instruments such as filtering unwanted co-products, handling, storing, and freezing the reaction components, led to a rise in the demand for instruments segment in the coming year.

Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The European region is expected to grow at a steady rate during the forecast period. The growth is mainly driven by the expansion of the biopharmaceutical industry, and an increase in the demand for consumables augments the market growth in the European region. As per the European Commission Report 2021, Europe is the second largest market for pharmaceuticals, and biopharmaceutical companies contributed to over 70% of the research pipeline.

The major companies operating in the global bioprocess technology include Danaher Corp., Eppendorf SE, Sartorius AG, Thermo Fisher Scientific Inc., and Waters Corp. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2022, BPC Instruments declared the launch of BPC Go which is the first product of a new generation series of low gas volume and flow analytical instruments from BPC Instruments.

Supplied with a powerful onboard microcontroller, BPC Go is a fully integrated and automated device for ultra-low gas volume and flow measurements with high precision and accuracy. The product is launched globally. Built to the highest standards of Scandinavian design, it is simple to set up and use for online, real-time monitoring of most types of gases including nitrogen, oxygen, carbon dioxide, methane and many more from any location.

Research Methodology

The market study of the global bioprocess technology market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Bioprocess Technology Market Research and Analysis by Product Type
Global Bioprocess Technology Market Research and Analysis by Process
Global Bioprocess Technology Market Research and Analysis by End User

The Report Covers:

Comprehensive research methodology of the global bioprocess technology market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global bioprocess technology market.
Insights about market determinants that are stimulating the global bioprocess technology market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026759

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Bioprocess Technology Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight and Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Danaher Corp.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Eppendorf SE
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Sartorius AG
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
  - 3.1.3.5. Recent Developments
- 3.1.4. Thermo Fisher Scientific Inc.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
  - 3.1.4.5. Recent Developments
- 3.1.5. Waters Corp.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
  - 3.1.5.5. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Bioprocess Technology Market by Product Type
- 4.1.1. Instruments
  - 4.1.1.1. Bioprocess Analyzers
  - 4.1.1.2. Gas Analyzer
  - 4.1.1.3. Osmometers
  - 4.1.1.4. Bioreactor
  - 4.1.1.5. Incubators
- 4.1.2. Consumable and Accessories
  - 4.1.2.1. Culture Media
  - 4.1.2.2. Reagents
4.2. Global Bioprocess Technology Market by Process
- 4.2.1. Batch
- 4.2.2. Fed-Bath
- 4.2.3. Continous Fermentation
4.3. Global Bioprocess Technology by End-User
- 4.3.1. Biotechnology and Biopharmaceutical Companies
- 4.3.2. Research and Academic Institutions
- 4.3.3. Others (Chemical, Fuels, and Food)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Advanced Instruments
6.2. Biopharm Services
6.3. BPC Instruments AB
6.4. Cellesce
6.5. Emerson Electric Co.
6.6. F. Hoffmann-La Roche Ltd
6.7. Fujifilm Corp.
6.8. General Electric Co.
6.9. Lonza Group Ltd.
6.10. Merck KGaA
6.11. Metabolon
6.12. Nova Biomedical
6.13. Paras Biopharmaceuticals Finland Oy
6.14. Siemens AG
6.15. Solida Biotech GmbH
6.16. Univercells Technologies