Downstream Processing Market Revenue, Share And 2021 Growth Rate

Posted August 3, 2021 by vamshee

A recent report published by Precision Business Insights on Downstream Processing Market provides in-depth analysis of segments and sub-segments in the global as well as regional.

The biopharmaceutical industry is gaining traction as a result of promising outcomes that are free of side effects. Pharmaceutical companies are aggressively investing in biotechnology and the bio services business. A significant driver projected to drive the global market is the booming biopharmaceutical industry around the world, as well as the wide application of downstream processing in drug discovery, antibodies, antibiotics, creation of novel vaccines, and other areas.

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Purification and recovery of biosynthetic products, particularly medicines, from natural sources also including animal or plant tissues or fermentation broth is referred to as downstream processing. Downstream processing generally includes the proper treatment and disposal of trash, as well as the recycling of salvageable elements. Antibodies, antibiotics, hormones including insulin, vaccinations, and industrial enzymes are all manufactured using downstream processing. The rising prevalence of contagious diseases such as hepatitis, dengue fever, and swine flu are fueling the growth of the downstream processing industry, as there is a high demand for effective vaccinations to combat such deadly diseases.

The global Downstream processing market is fragmented based on product, technique, application, and end-user. Based on technique, the downstream processing market is categorized into solid-liquid separation, purification, concentration and clarification. On the basis of product, the downstream processing market is classified into filters, chromatography columns and resins, single-use products, membrane adsorbers, and other products. On the basis of application, the downstream processing market is divided into vaccine production, monoclonal antibody production, erythropoietin production, immunoglobulin production, insulin production, other applications. The downstream processing market is also categorized based on end-user which is further divided into contract manufacturing organizations and biopharmaceutical manufacturers.

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Along with increasing government support for the promotion of bioprocess technologies, increasing dramatic improvements in healthcare costs, growing innovative approach in the biotechnology and bioprocessing industry, and the existence of reliable medical facilities in this region, North America leads the downstream processing market.

Major Key players in downstream processing market are Boehringer Ingelheim GmbH (Germany), 3M Company (U.S.), Eppendorf AG (Germany), Danaher Corporation (U.S.), General Electric (U.S.), Finesse Solutions, Inc. (Thermo Fisher Scientific) (U.S.), Merck KGaA (Germany), Lonza Group AG (Switzerland)

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Issued By Precision Business Insights
Country United Arab Emirates
Categories Advertising
Tags downstream processing market
Last Updated August 3, 2021