The global upstream bioprocessing market is projected to grow at a CAGR of 12%-14% during 2020-2025. The growth of upstream bioprocessing market is driven by increasing prevalence of chronic diseases, rising research activities for development of biosimilar/biomolecules, small therapeutic peptide and monoclonal antibodies, and growing demand for process optimization and contamination free, safe and efficient production of biomolecules.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the upstream bioprocessing market
by product (cell culture products, bioreactors/fermenters, filters, bags &
containers, bioreactor accessories and others), workflow (cell culture, media
preparation, and cell separation), use type (single-use and multi-use), mode
(outsourced and in-house), and region (North America, Europe, Asia Pacific, and
Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the upstream bioprocessing market?
Q.4 What are some
changing demands of customers in the upstream bioprocessing market?
Q.5 What are the new
developments in the upstream bioprocessing market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this upstream bioprocessing area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this upstream bioprocessing market?
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Market Segmentation:
Based on product, the upstream
bioprocessing market is segmented into cell culture products,
bioreactors/fermenters, filters, bags & containers, bioreactor accessories
and others. The bioreactors/fermenters segment accounted for the largest share
of the market in 2020 due to its increasing demand in large as well small-scale
bioproduction and development of automated bioreactors for safe,
cost-effective, and regulatory-compliant manufacturing of cell-based products
for clinical applications.
North America is
expected to be the highest growth over the forecast period over the forecast
period due to rising investment related to research and development of new
biomolecules & mAbs, increasing prevalence of chronic diseases, and
availability of developed healthcare infrastructure in the region.
Key Players in the upstream
bioprocessing market are Thermo Fisher Scientific, GE Healthcare, Merck,
Corning, Sartorius, Eppendorf, Applikon Biotechnology, Lonza, PBS Biotech, and
CellGenix.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/upstream-bioprocessing-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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