Biopharmaceutical Processing Equipment and Consumables Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research®– leading global market research company published a research report titled “Biopharmaceutical Processing Equipment and Consumables Market by Product Type {Filtration, Chromatography [Columns, Equipment], Disposable Bioreactors, Cell Culture Media, Shakers, Services), Application (Vaccine, mAb, R&D), and End User- Forecast to 2029.”
According to this latest publication from Meticulous Research, the
global biopharmaceutical processing equipment and consumables market is
expected to grow at a CAGR of 10.3% to reach $70.84 billion by 2029.
Initiatives supporting the adoption of biopharmaceuticals, capacity expansions
of biopharmaceutical manufacturing plants, and growing use of single-use
technologies in commercial bioproduction are the factors driving the market
growth.
Biopharmaceutical
Processing Equipment and Consumables Market: Future Outlook
The global biopharmaceutical processing equipment and consumables
market study presents, historical market data in terms of values (2020 and
2021), estimated current data (2022), and forecasts it for 2029 –by Product
Type (Filtration Systems, Chromatography Systems {Resins, Columns, &
Equipment}, Bioreactors {Reusable Bioreactors, Disposable/Single-use Bioreactors},
Cell Culture Products {Cell Culture Media [Cell Culture Media, by Physical
Form–Dry Powder Media, Liquid Media], [Cell Culture Media, by
Type–Off-the-Shelf Media, Custom Media], [Cell Culture Media Market, by
Source-Chemically Defined Media, Natural Media], Reagents and Supplements, Cell
and Cell Lines, Serum}, Mixing Systems, Bioprocessing Containers, Sterilizers,
Centrifuges, Incubators, Shakers, Biosafety Cabinets, Other Consumables and
Accessories, Services), Application (Commercial Bioproduction {Vaccine
Manufacturing, mAb Production, Recombinant Protein Production, Cell and Gene
Therapy Production}, Research and Development), End User (Biopharmaceutical/
Biotechnology Companies, Contract Development and Manufacturing Organizations
and Contract Research Organizations (CDMOs/CROs), & Academics and Research
Institutes), and GeographyThe study also evaluates industry competitors and
analyzes their market share at global and regional levels.
Scope of the Report:
Global
Biopharmaceutical Processing Equipment and Consumables Market, by Product Type
- Filtration
Systems
- Chromatography
Systems
- Resins
- Columns
- Equipment
- Bioreactors
- Reusable
Bioreactors
- Disposable/Single-use
Bioreactors
- Cell
Culture Products
- Cell
Culture Media
- Cell
Culture Media, by Physical Form
- Dry Powder Media
- Liquid Media
- Cell
Culture Media, by Type
- Off-the-Shelf Media
- Custom Media
- Cell
Culture Media Market, by Source
- Chemically Defined Media
- Natural Media
- Reagents
and Supplements
- Cell
and Cell Lines
- Serum
- Mixing
Systems
- Bioprocessing
Containers
- Sterilizers
- Centrifuges
- Incubators
- Shakers
- Biosafety
Cabinets
- Other
Equipment and Consumables
- Services
(Note: Other equipment
and consumables include membrane adsorbers, cell disruption reagents, pipettes,
syringes, vials, closures, tubing, connectors, and sensors)
Global
Biopharmaceutical Processing Equipment and
Consumables Market, by Application
- Commercial
Bioproduction
- Vaccine
Manufacturing
- mAb
Production
- Recombinant
Protein Production
- Cell
and Gene Therapy Production
- Research
and Development
Global
Biopharmaceutical Processing Equipment and Consumables Market, by End User
- Biopharmaceutical/
Biotechnology Companies
- Contract
Development and Manufacturing Organizations and Contract Research
Organizations (CDMOs/CROs)
- Academics
and Research Institutes
Biopharmaceutical
Processing Equipment and Consumables Market, by Geography
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Switzerland
- Rest
of Europe (RoE)
- Asia-Pacific
(APAC)
- China
- Japan
- India
- Rest
of APAC (RoAPAC)
- Latin
America
- Middle
East & Africa
Based
on product type, the filtration systems segment is estimated to account for the
largest share of the market in 2022. The technological developments in
filtration technologies and accelerated developments of single-use filtration
systems to meet the growing need for single-use bioprocessing systems are
contributing to the largest market share.
Based
on application, the market is segmented into commercial bioproduction and R&D.
The commercial bioproduction segment is estimated to account for the largest
share of the market in 2022, owing to the growing number of biopharmaceuticals
in the clinical development and nearing patent expiry of biologics.
Based
on end user, the biopharmaceutical/biotechnology companies segment is estimated to
account for the largest share of the market in 2022. The largest revenue share
is attributed to the growing demand for biopharmaceutical equipment for
commercial bioproduction in biopharmaceutical/biotechnology companies.
Geographic Review:
This research report analyzes major geographies and provides
comprehensive analysis for North America (U.S. and Canada), Europe (Germany,
France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific
(China, Japan, India, and RoAPAC), Latin America, and Middle East & Africa.
North America is estimated to command the largest share of the
biopharmaceutical processing equipment and consumables market in 2022, followed
by Europe and Asia-Pacific. The U.S. is estimated to be the largest
shareholding market in North America in 2022. An increase in the biotechnology
R&D expenditure, the emergence of infectious diseases, supportive
initiatives for increasing adoption of biosimilars, and large number of
biopharmaceutical companies are some of the major factors driving the demand
for biopharmaceutical processing equipment and consumables in the country.
Key
Players
The key players operating in the global biopharmaceutical processing
equipment and consumables market 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
questions answered in the report-
- Which are
the high-growth market segments in terms of product type, application, end
user, and regions/countries?
- What was
the historical market for biopharmaceutical processing equipment and
consumables across the globe?
- What are
the market forecasts and estimates for the period 2022–2029?
- What are
the major drivers, restraints, challenges, opportunities, and trends in
the global market of biopharmaceutical processing equipment and
consumables?
- Who are
the major players in the global biopharmaceutical processing equipment and
consumables market?
- How is
the competitive landscape, and who are the market leaders in the global
biopharmaceutical processing equipment and consumables market?
- What are
the recent developments in the biopharmaceutical processing equipment and
consumables market?
- What are
the different strategies adopted by the major players in the
biopharmaceutical processing equipment and consumables market?
- What are
the geographical trends and high growth regions/countries?
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