Global Upstream Bioprocessing Market size was valued at US$ 5.9 Bn. in 2019 and is expected to reach US$ 13.40 Bn. by 2027 at a CAGR of 12.8% during the forecast period.
Global Upstream Bioprocessing Market Overview:
Upstream bioprocessing is the primary phase of the bioprocess in cell line development and cultivation to culture enlargement of the cells through the harvesting process. Modern cell culture systems are now constructing remarkably higher titers together with reducing the time limitation with higher accuracy in production bioreactors.
Global Upstream Bioprocessing Market Dynamics:
The key factors driving the growth of the market are the increasing implementation of Process Analytical Technology (PAT) tactic as a mechanism of design, analysis, and optimization process through the timely dimension of critical process limitations. The increasing investment in Process analytical technology to perform cell culture production on the basis of various parameters like real-time nutrient analysis and inline monitoring of cell density. These parameters are estimated to propel the productivity of the process.
The standard shift from easy stainless-steel bioreactors to single used products has motivated manufacturing advantages for upstream applications. Moreover, with increasing adoptions of single-use technology, market players are focusing on cumulative production of single-use technology. For instance, Abzena Company, a biopharmaceutical manufactures designated Sartoius Sedium Biotech to manufacture their Bristol-based production facility for single-use format. Hence, this factor is estimated to boost the application of the upstream bioprocessing market in near future.
Global Upstream Bioprocessing Market Regional Insights:
North America dominates the Upstream Bioprocessing Market with a revenue share of 41.5% in 2020. Owing to increasing development strategies made by various industry verticals in the region and rising awareness among individuals. Further, the growing no. of pharmaceutical industries such as GE Healthcare; Merck KGaA; Corning, Inc.; Sartorius AG; Eppendorf AG; Applikon Biotechnology is likely to boost the market expansion in the region. The Mergers and acquisitions by pharmaceutical industries and expansion of manufacturing facilities are estimated to boost the growth of the market.
For example, in 2019, Jefferson announced the formation of the Jefferson Institute for bioprocessing to educate and train students with professional biological manufacturing to generate awareness is likely to fuel the growth of the market. Further, Jefferson announced the partnership with National Institute for Bioprocessing Research and Training to generate initiatives among young individuals. Hence this factor is estimated to fuel the growth of the market and expansion in the future.
Global Upstream Bioprocessing MarketThe objective of the report is to present a comprehensive analysis of the Global Upstream Bioprocessing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Upstream Bioprocessing Market dynamics, structure by analyzing the market segments and project the Global Upstream Bioprocessing Market size. Clear representation of competitive analysis of key players by Products, price, financial position, Products portfolio, growth strategies, and regional presence in the Global Upstream Bioprocessing Market make the report investor’s guide
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Global Upstream Bioprocessing Market Key Players
• GE Healthcare
• Merck KGaA
• Corning, Inc.
• Sartorius AG
• Eppendorf AG
• Applikon Biotechnology
• Lonza
• PBS Biotech, Inc.
• CellGenix GmbH
• Boehringer Ingelheim
• Samsung BioLogics
• Patheon
• CMC Biologics
• JM BIOCONNECT
• Danaher Corporation
• Thermo Fisher Scientific, Inc.
FAQs:
1. What is the global Upstream Bioprocessing Market value in 2019?
Ans: The global Upstream Bioprocessing Market was valued USD 5.9 Billion in 2019,
2. What is the Upstream Bioprocessing Market growth rate?
Ans: The global Upstream Bioprocessing Market is expected to grow at a compound annual growth rate of 12.8 % from 2020 to 2027 to reach USD 13.40 Billion by 2027.
3. Which segment is expected to dominate the market during the forecast period?
Ans: The cell culture step is expected to maintain its dominance in terms of revenue share throughout the forecast period, due to the ongoing technological advancements in cell culture systems, such as, development of micro-bioreactors to facilitate small scale bioproduction.
4. What are the factors driving the Upstream Bioprocessing Market?
Ans: Key factors that are driving the market growth include the implementation of the Process Analytical Technology (PAT) strategy as a mechanism to design, analyze, and optimize processes through timely measurements of critical process parameters.
5. What are the key players of the Prokaryotic Expression System market?
Ans: Some key players operating in the Upstream Bioprocessing Market include Thermo Fisher Scientific, Inc; GE Healthcare; Merck KGaA; Corning, Inc.; Sartorius AG; Eppendorf AG; Applikon Biotechnology; Lonza; PBS Biotech, Inc.; CellGenix GmbH; Boehringer Ingelheim; Samsung BioLogics; Patheon; CMC Biologics; JM BIO CONNECT; Danaher Corporation
Upstream Bioprocessing Market Overview 2027Overview Global Upstream Bioprocessing Market Size, Status and Segment by Types and Application The report is a comprehensive analysis of the Upstream Bioprocessing market and covers facts and growth drivers for the market profile.
Further, the report has an acute focus on global players, products with the highest demand, and the various product categories, which are causative of the Upstream Bioprocessing market growth.
The study of the market has been taken place during 2021, the base year and the forecast period stretches till 2027.Key Players Profiles in This Research Report are - Danaher, Eppendorf, GE Healthcare, Parker Hannifin, and Thermo Fisher ScientificTo Browse the Sample Copy of This Report https://www.reportsandmarkets.com/sample-request/global-upstream-bioprocessing-market-3784041?utm_source=techsite_medium=75 The report extensively includes the industry overview, which consisting of details like the market size and share, estimated growth, along with future cost,demand revenue, and supply data.
To examine the intricacies of the market, industry analysts used a quantitative and qualitative approach to scrutinize the competitive market landscape as well as the latest industry trends in major regions.
This can hugely help market players closely explore various segments for better profit margins in the next few years.
Additionally, the report also has a regional overview, covering major regions like North Americas, Asia-Pacific, Europe, Latin America, the Middle East, and Africa.The segmentation based on region helps in better understanding the historical and forecast market data, company market shares and price trends of key industry players by geography.
