Dublin, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The "Global Upstream Bioprocessing Market by Product, Workflow, Use Type, Mode - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Upstream Bioprocessing Market size was estimated at USD 9.47 billion in 2022, USD 10.70 billion in 2023, growing at a CAGR of 13.47% to reach USD 26.03 billion by 2030.
Market Segmentation & Coverage:
This research report categorizes the Global Upstream Bioprocessing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
- Based on Product, the market is studied across Bags & Containers, Bioreactors & Fermenters, Bioreactors Accessories, Cell Culture Products, and Filters. The Cell Culture Products is projected to witness significant market share during forecast period.
- Based on Workflow, the market is studied across Cell Culture, Cell Separation, and Media Preparation. The Cell Culture is projected to witness significant market share during forecast period.
- Based on Use Type, the market is studied across Multi-Use and Single-Use. The Multi-Use is projected to witness significant market share during forecast period.
- Based on Mode, the market is studied across In-House and Outsourced. The In-House is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Dynamics
Drivers
- Rising demand for biotherapeutics
- Growing implementation of process analytical technology (PAT)
- Rapid adoption of single-use upstream bioprocessing
Restraints
- High cost of establishing and maintaining an upstream processing unit
Opportunities
- Increased acceptance and approvals of biosimilars
- Rising application of upstream process in cell therapy, cell banking, drug discovery, and recombinant proteins
Challenges
- Limitations to its capabilities related to standard upstream bioprocess monitoring
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Upstream Bioprocessing Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Upstream Bioprocessing Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Upstream Bioprocessing Market?
- What is the competitive strategic window for opportunities in the Global Upstream Bioprocessing Market?
- What are the technology trends and regulatory frameworks in the Global Upstream Bioprocessing Market?
- What is the market share of the leading vendors in the Global Upstream Bioprocessing Market?
- What modes and strategic moves are considered suitable for entering the Global Upstream Bioprocessing Market?
Companies Mentioned
- Boehringer Ingelheim International GmbH
- Danaher Corporation
- Eppendorf AG
- Esco Micro Pte. Ltd
- GE Healthcare
- Getinge AB
- High Purity New England
- Lonza Group AG
- Meissner Filtration Products, Inc.,
- Merck KGaA
- Rentschler Biopharma SE
- Samsung BioLogics
- Sartorius AG
- Tornado Spectral Systems
- Waters Corporation
For more information about this report visit https://www.researchandmarkets.com/r/cb57dz
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