Continuous Bioprocessing Market & Key Growth Strategies


Posted November 9, 2023 by Research96

The Continuous Bioprocessing Market is expected to grow at a CAGR of 23% from 2021

 
According to a new market research report “Continuous Bioprocessing Market By Product (Filtration, Chromatography, Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs), and Geography – Global Forecast 2028”, published by Meticulous Research, the continuous bioprocessing market is expected to grow at a CAGR of 23% from 2021 to reach $429.12 million by 2028.

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Continuous manufacturing is a new trend in the manufacturing industry. From automobiles to paper, industries are adopting continuous manufacturing to improve efficiencies and increase profits. Due to the growing demand for innovative and complex therapies and competition, biopharmaceutical manufacturers are reconsidering manufacturing methods (shifting from batch to continuous manufacturing). Although batch manufacturing is the most preferred method, continuous manufacturing is increasingly accepted in the pharmaceutical industry.

Over the years, many advances have been made in bioprocessing to cut costs, improve product yield, and streamline upstream and downstream processing integration. Advances in upstream processing have been focused on key areas like increasing volumetric productivity through process intensification, increasing cell-specific productivity, cellular and molecular biology, and accelerating process development timelines.

Bioprocessing operations have also led to continuous improvements in cell expression systems and the development and improvement of disposable bioreactors impacting bioprocessing operations, leading to new product launches. For instance, in November 2020, Eppendorf AG (Germany)upgraded its well-known Eppendorf ThermoMixer C with a heating/ cooling/mixing function to develop the new exchangeable thermoblock, SmartBlock cryo thaw, that carries out the reliable and reproducible thawing of cells from frozen storage temperatures to over 37ºC. Thus, growing technological advancements and subsequent product launches are driving the adoption of continuous bioprocessing.

Thus, apart from few supply disruptions and operational and staffing challenges during the first phase of the pandemic, the overall impact of the coronavirus pandemic is expected to be positive on the market due to growing pressure from policymakers to develop novel vaccines and therapies cost-effectively.

The overall continuous bioprocessing market is segmented on the basis of Product (Filtration, Chromatography, Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs). The study also evaluates industry competitors and analyzes their market share at global and regional levels.

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Based on product type, the continuous bioprocessing market is segmented into filtration systems and consumables; chromatography systems and consumables; bioreactors; sterilizers; centrifuges; incubators and shakers; cell culture media, buffers, and reagents; and other instruments and consumables. The filtration systems and consumables segment is expected to record the highest CAGR during the forecast period due to the growing preference for filtration systems in bioprocessing separation techniques, the reusability of filters across every step in bioprocessing, and the requirement for high cell densities in controlling the bioburden in biopharmaceuticals.

Based on application, the continuous bioprocessing market is segmented into commercial and R&D. The commercial segment is estimated to account for the largest share of the overall market in 2021. Growing investments in constructing facilities compatible with continuous bioprocessing for the commercial manufacture of biopharmaceuticals is a key factor supporting this segment’s large share. The commercial applications segment is further categorized into vaccine manufacturing, mAb production, recombinant protein production, cell and gene therapy production, and plasma fractionation. In 2021, the mAb production segment is estimated to account for the largest share due to growing approvals for therapeutic antibodies and facility expansions for monoclonal antibody manufacturing. However, the R&D segment is projected to register a higher CAGR during the forecast period.

Based on end user, the continuous bioprocessing market is segmented into pharmaceutical & biotechnology companies, CDMOs and CROs, and academic & research institutes. In 2021, the pharmaceutical and biotechnology companies segment is estimated to account for the largest share due to pharma and biopharma manufacturers' shift from batch to continuous processing, the growing focus of regulatory authorities on continuous bioprocessing, and growing investments incorporate continuous processing.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/continuous-bioprocessing-market-5079

The report also includes an extensive assessment of the product portfolio, geographic analysis, and key strategic developments adopted by leading market participants in the industry over the past four years (2018–2021). In recent years, the continuous bioprocessing market has also witnessed several new product launches, partnerships, agreements, expansions, and acquisitions. For instance, in May 2021, Thermo Fisher Scientific, Inc. (U.S.) and the University of California, San Francisco (UCSF) formed a strategic alliance to accelerate the development and manufacturing of cell-based therapies.

Some of the key players operating in the global continuous bioprocessing market are 3M (U.S.), Cytiva (U.S.), Thermo Fisher Scientific Inc. (U.S.), Merck KGaA (Germany), Sartorius AG (Germany), Repligen Corporation (U.S.), Eppendorf AG (Germany), Applikon Biotechnology (Netherlands), Pall Corporation (U.S.), and Bionet (U.S.) among others.

Scope of the Report:

Continuous Bioprocessing Market, by Product

Filtration Systems and Consumables
Chromatography Systems and Consumables
Bioreactors
Sterilizers
Centrifuges
Incubators and Shakers
Cell Culture Media, Buffers, and Reagents
Other Instruments and Consumables
(Note: Other Instruments and Consumables include membrane absorbers, connectors and clamps, and sampling systems)
Continuous Bioprocessing Market, by Application

Commercial Application
Research & Development (R&D)
Continuous Bioprocessing Market, by End User

Pharmaceutical & Biotechnology Companies
CDMOs and CROs
Academic &Research Institutes
Continuous Bioprocessing Market, by Geography

North America
Europe
Asia-Pacific (APAC)
Latin America
Middle East & Africa
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Issued By chaitanya
Business Address india
Country India
Categories Health
Tags biotechnology , filtration , vaccines , antibodies
Last Updated November 9, 2023