Bio-Process Technology Trends and Forecast
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. Sample figures with some insights are shown below.
Bio-Process Technology by Segment
The study includes a forecast for the global bio-process technology by product type, application, end use, and region.
Bio-Process Technology Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Biologics Safety Testing
• Cell Culture
• Cell Expansion
• Cell Line Development
• Flow Cytometry
• Tangential Flow Filtration
• Flow Cytometry
Bio-Process Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Antibiotics
• Biosimilars
• Recombinant Proteins
• Others
Bio-Process Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Biopharmaceutical Companies
• Contract Manufacturing Organizations
• Academic Research Institute
• Others
Bio-Process Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bio-Process Technology Companies
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-
• Hoffmann-La Roche
• Sartorius
• Thermo Fisher Scientific
• Agilent
• ELITech
Bio-Process Technology Market Insights
Bio-Process Technology Market Insights
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.
Features of the Global Bio-Process Technology Market
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.
FAQ
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:
• Hoffmann-La Roche
• Sartorius
• Thermo Fisher Scientific
• Agilent
• ELITech
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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bio-process technology market by product type (biologics safety testing, cell culture, cell expansion, cell line development, flow cytometry, tangential flow filtration , and flow cytometry), application (antibiotics, biosimilars, recombinant proteins, and others), end use (biopharmaceutical companies, contract manufacturing organizations, academic research institute, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Bio-Process Technology Market, Bio-Process Technology Market Size, Bio-Process Technology Market Growth, Bio-Process Technology Market Analysis, Bio-Process Technology Market Report, Bio-Process Technology Market Share, Bio-Process Technology Market Trends, Bio-Process Technology Market Forecast, Bio-Process Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.