The Global Next-Generation Biomanufacturing Market size is estimated to reach $83.8 Billion by 2026, growing at a CAGR of 15.4% over the forecast period of 2021-2026.
Next-generation biomanufacturing technologies enable stereo-specific product synthesis, with these synthesis reactions being easily adjusted. These procedures can also be cost-effective and ecologically favorable.
This paper discusses novel technologies for increasing yields and product attributes while avoiding the drawbacks of extensive extraction and purification operations. The major drivers for this market are increasing biologics and biosimilars approvals and a growing trend among biomanufacturing vendors to integrate automation technologies. Therefore, it helps in boosting the bioproduction workflow while reducing cost, time, and labor.
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Market Dynamics
Driver:
Increasing biologics and biosimilar approvals is a key driver in Next-Generation Biomanufacturing Market
Biologics and biosimilars are increasingly getting approved by FDA because of their high safety and effectiveness. It has, in return, resulted in their contribution towards the next-generation biomanufacturing market.
Challenge:
Lack of skilled professionals has resulted in a significant restraint in Next-Generation Biomanufacturing Market
The next-generation biomanufacturing market is predominantly a new field that has evolved recently. This factor makes it challenging to find skilled professionals who are well versed in handling this field. Hence this is affecting the growth of the next-generation biomanufacturing market.
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Key Market Players
Key Players in Global Next-Generation Biomanufacturing Market consist of Applikon Biotechnology BV, bbi-biotech GmbH, Danaher Corporation, Eppendorf AG, Esco Group of Companies, GEA Group Aktiengesellschaft, Meissner Filtration Products, Inc., Merck KGaA, PBS Biotech, Inc., Pierre Guérin, Sartorius AG, Shanghai Bailun Biotechnology Co. Ltd., among others.
Report Coverage and Scope
The report "Global Next-Generation Biomanufacturing Market" by Research Informatic covers an in-depth detailed analysis for the following segment, covered under the scope.
By Applications
• Monoclonal Antibodies
• Hormones
• Vaccines
• Recombinant Proteins
By End Users
• Biopharmaceutical Companies
• CMOS/CDMOs
• Research Institutions
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Geography
• North America
• Europe
• APAC
• RoW
TOC:
Chapter 1 Next-Generation Biomanufacturing Market Overview
1.1 Product Overview and Scope of Next-Generation Biomanufacturing
1.2 Next-Generation Biomanufacturing Market Segmentation By Product Type
1.2.1 Continuous Upstream Biomanufacturing Products
1.2.2 Single-Use Upstream Biomanufacturing Products
1.2.3 Downstream Biomanufacturing Products
TOC Continue…
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