In 2022, the global bioprocessing analytics equipment industry size revenue is expected to reach US$ 485.1 million. With a CAGR of 4.5%, the global market is expected to reach US$ 633.6 Million by 2028.
The Bioprocessing Analytics Equipment Market has emerged as a critical player in the field of biotechnology, pharmaceuticals, and healthcare. This market segment is dedicated to providing advanced analytical tools and instruments that aid in the monitoring, control, and optimization of bioprocesses. As the biopharmaceutical industry continues to grow and evolve, the demand for precise and efficient analytics equipment has surged. These cutting-edge instruments enable researchers and manufacturers to maintain the highest quality standards, improve process efficiency, and ensure product safety.
Bioprocessing analytics equipment encompasses a wide range of technologies, including sensors, chromatography systems, mass spectrometers, and various data analysis software. These tools are instrumental in assessing critical parameters such as cell viability, product concentration, and impurity levels, ensuring that biopharmaceutical products meet regulatory requirements and deliver consistent results. Additionally, the market has seen innovations in real-time monitoring, process automation, and predictive analytics, further enhancing its value proposition.
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Key drivers for the growth of the Bioprocessing Analytics Equipment Market include the increasing demand for biopharmaceuticals, rising investments in research and development, and stringent regulatory requirements. Moreover, the COVID-19 pandemic has underscored the importance of bioprocessing analytics equipment in accelerating vaccine and therapeutic development, propelling the market’s growth.
Bioprocessing Analytics Equipment Market: Regional Forecast:
This study evaluates the trends driving the growth of each market segment at the global and regional levels, and it provides potential takeaways that could be extremely beneficial to manufacturers intending to enter the market. North America is expected to dominate the global Bioprocessing Analytics Equipment market by 2022, accounting for the majority of revenue.
Western Europe and the APECJ markets are estimated to account for approximately 39.2% of the worldwide Bioprocessing Analytics Equipment market in terms of value by the end of 2022. Revenue from the APECJ market is estimated to grow at a CAGR of 5.9% over the forecast period.
In the Bioprocessing Analytics Equipment market, product innovation is a prominent trend. Furthermore, the rising importance of major manufacturers developing Bioprocessing Analytics Equipment in order to extend their product range is propelling the global Bioprocessing Analytics Equipment market.
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Bioprocessing Analytics Equipment Market: Segmental Analysis
The global market for Bioprocessing Analytics Equipment is segmented into four categories: product type, application, end user, and geography. There are two product categories in the market: osmometers and bioprocess analyzers. Osmometers will be the most prevalent product type in the Bioprocessing Analytics Equipment market throughout the forecast period.
Because of the widespread usage of cell-based bioprocesses for therapeutic protein synthesis, North America is expected to gain in popularity over the projection period. Manual monitoring of such bioprocesses takes time and can lead to production errors.
Manufacturers have developed integrated multi-functional analysers, which combine the functionality of different single analyzers (such as cell counters, osmometers, nutrient/electrolyte/metabolite bio-profile analyzers) into one technologically enabled novel sampling system to automatically analyse the culture medium. The integration of diverse capabilities enables parameter feedback control and minimises mistake rates in bioprocessing.
Based on application, the market is further split into clinical and industrial applications. The industrial application segment is expected to lead the worldwide Bioprocessing Analytics Equipment market during the assessment period. Demand for Bioprocessing Analytics Equipment is likely to be highest in the industrial category, which is expected to expand at a CAGR of 4.4% over the forecast period.
The market is further subdivided into end users. Biopharmaceutical companies, Contract Research Organizations (CROs), Contract Manufacturing Organizations (CMOs), Academics & Research Institutes, and Clinical Diagnosis are some of the end user groups.
Biopharmaceutical firms are the main end users of Bioprocessing Analytics Equipment, and demand for Bioprocessing Analytics Equipment is likely to be strongest in Biopharma companies, with a 3.9% growth rate over the forecast period.
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Key Players:
- Thermo Fisher Scientific Inc.
- F. Hoffmann-La Roche Ltd. (Roche Diagnostics)
- ELITechGroup
- KNAUER
- Gonotec GmbH
- Advanced Instruments Inc.
- Resolution Spectra Systems Inc.
- Kaiser Optical Systems Inc.
- SYSBIOTECH SARL
Key Segments of Bioprocessing Analytics Equipment Industry Survey:
By Product Type:
- Osmometers
- Vapour Pressure Depression Osmometers
- Membrane Osmometers
- Freezing Point Depression Osmometers
- Bioprocess Analysers
By Application:
- Bioprocessing Analytics Equipment for Clinical Applications
- Bioprocessing Analytics Equipment for Industrial Applications
By End User:
- Bioprocessing Analytics Equipment for Biopharmaceutical Companies
- Bioprocessing Analytics Equipment for Contract Research Organizations (CROs)
- Bioprocessing Analytics Equipment for Contract Manufacturing Organizations (CMOs)
- Bioprocessing Analytics Equipment for Academics & Research Institutes
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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