ALL >> Health >> View Article
Downstream Processing Market Trends, Market Size, And Forecasts Up To 2028
The global downstream processing market size is expected to reach USD 69.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.9% from 2021 to 2028. The capacity requirements during the development of biologic drugs have changed over the past few years, wherein the demand for manufacturing high-volume products has shifted to developing small-volume, high potency products. This creates new avenues for single-use technologies.
A rise in applications of downstream processing for the manufacture of biopharmaceuticals is expected to bring growth opportunities to the market. This has also led to an increase in strategic deals and development in the market. For instance, in February 2021, Evozyne, LLC collaborated with a leading rare disorders drug manufacturer for the manufacture and marketing of novel biopharmaceuticals for immune modulation.
As adoption of small-scale, single-use systems for process development and downstream processing is already high, evolutionary changes are expected in the area of single-use technologies for manufacturing small-volume, ...
... highly potent drugs. The development of novel film chemistries, closed systems, automation in clinical-scale single-use systems, and smart sensors are some noteworthy advancements in the field.
Request For a Sample of This Research Report @ https://www.grandviewresearch.com/industry-analysis/downstream-processing-market/request/rs1
In January 2021, Thermo Fisher Scientific announced that it supported 250 projects for COVID-19 therapy as well as vaccine production in 2020. The company leverages its CDMO capabilities as well as its bioprocess consumables and equipment offerings for these projects. It has also partnered with Singapore and the U.S. government to expand its vaccine and therapy development capacities. Similar efforts have been made by EMD Millipore, Cytiva, Pall Biotech, and other companies to use their bioprocess offerings for COVID-19 therapeutics development.
The number of CMOs in the market for downstream processing has increased as outsourcing helps pharmaceutical manufacturers reduce the high initial capital investment and procedure costs. CMOs help drug manufacturers in optimizing downstream purification, in addition to other processes such as cell culture preparation, chromatography, mixing, concentration, process monitoring, and disposable technologies.
A rise in R&D activities pertaining to advanced bioprocess technologies has resulted in the adoption of continuous downstream processing systems for multicomponent separations, perfusion chromatography systems, high-throughput process development, and high-resolution membrane systems. This has led to an increase in the need for improving bioprocessing technologies for addressing the purification bottleneck.
Make an Inquiry for Buying This Report @ https://www.grandviewresearch.com/inquiry/5453/ibb
Top Key Players & Market Share Insights:
Companies are increasingly focusing on the development of new products for downstream processing. For instance, in June 2020, Corning Incorporated launched the Corning X-SERIES cell processing platform. The X-SERIES products include X-LAB System, X-WASH System, and X-MINI Selection Kit for efficient cell separation and purification. The X-SERIES cell processing platform finds applications in immune cell therapy, bioprocess, personalized medicine, and gene cell therapy fields. This helped expand the company’s portfolio in the market. Some of the prominent players in the downstream processing market include:
Merck KGaA
Sartorius Stedim Biotech S.A
GE Healthcare
Thermo Fisher Scientific Inc.
Danaher Corporation
Repligen
3M Company
Boehringer Ingelheim International GmbH
Corning Corporation
Lonza Group Ltd
Dover Corporation
Ashai Kasei
Ferner PLC
Eppendorf AG
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: sales@grandviewresearch.com
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/downstream-processing-market
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
Add Comment
Health Articles
1. 5 Signs You May Need Dentures And How To Begin Treatment In MiamiAuthor: Travis Anderson
2. Kids Dental Clinic In Noida: Why Nayar Dental Is The Best Choice For Your Child’s Oral Health
Author: Nayar Dental
3. How To Choose The Best Thc Vape Pen For Your Needs
Author: Brad Hogg
4. Expert Skin Checks And Minor Surgeries At Main Street Medical Centre
Author: Main Street Medical Centre
5. High Impact Vs. Low Impact Exercise
Author: healingherbs
6. What To Expect During An Ivf Cycle: A Step-by-step Guide
Author: Surrogacy Centre India
7. Organic Turmeric Powder: Golden Goodness For Health And Wellness
Author: GreenJeeva Puspa
8. Fast And Reliable Bed Bug Removal Services In Gold Coast
Author: The Pest And Termite Co
9. Top Cannabis Products To Try From Toking Teepee
Author: Brad Hogg
10. A Comprehensive Guide On Best Oncologist In Mumbai For Breast Cancer
Author: Anil Cancer Clinic
11. 8 Foods To Eat During Breast Cancer Treatment
Author: Galaxycare
12. Transform Your Smile With Teeth Aligners: Easy Dentist Appointments In Paschim Vihar
Author: Essence Dental
13. What Does Simparica Treat In Dogs?
Author: Vetsupply
14. Salugenesis In Mitochondria: Enhancing Cellular Health And Energy Production
Author: sonya
15. What To Know About Lasik Eye Surgery In Vista: A Guide To Clear Vision
Author: Morris Eye Group