Biopharmaceutical processing equipment and consumables market is expected to grow at a CAGR of 10.3%


Posted April 3, 2024 by richas

The Biopharmaceutical Processing Equipment and Consumables Market is expected to grow at a CAGR of 10.3% from 2022 to 2029 to reach $70.84 billion by 2029.
 
The Biopharmaceutical Processing Equipment and Consumables Market is expected to grow at a CAGR of 10.3% from 2022 to 2029 to reach $70.84 billion by 2029. Biopharmaceutical processing involves the study of discovery, development, and processing of complex medicines using living cells and organisms. Biopharmaceuticals include vaccines, whole blood and blood components, gene therapies, recombinant therapeutic proteins, gene therapies, and somatic cells.
Biopharmaceutical processing uses equipment, such as filtration systems, chromatography equipment and consumables, bioreactors, cell culture systems, mixing systems, bioprocessing containers, sterilizers, centrifuges, incubators, biosafety cabinets, and other equipment like membrane adsorbers, cell disruption reagents, pipettes, syringes, vials, closures, tubing, connectors, and sensors for commercial and research-based bioproduction.
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Growing Adoption of Single-use Bioprocessing Equipment for Commercial Production is Driving the Market Growth
So far, the biopharmaceutical processing industry has been dominated by stainless-steel/reusable equipment. Most biopharmaceutical manufacturing plants have fixed stainless-steel bioreactors, mixers, and bioprocessing vessels. However, in the last few years, the trend has been shifting towards the adoption of single-use/disposable equipment. This is attributed to various advantages these equipment has over conventional stainless-steel equipment such as reduced manufacturing costs (by eliminating cleaning and cleaning validation steps).
Based on product type, the filtration systems segment is estimated to account for the largest share of the market in 2022. The technological developments in filtration technologies and accelerated developments of single-use filtration systems to meet the growing need for single-use bioprocessing systems are contributing to the largest market share.
Based on application, the market is segmented into commercial bioproduction and research bioproduction. The commercial bioproduction segment is estimated to account for the largest share of the market in 2022, owing to the growing number of biopharmaceuticals in the clinical development and nearing patent expiry of biologics.
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Based on end user, the pharmaceutical and biopharmaceutical companies segment is estimated to account for the largest share of the market in 2022. The largest revenue share is attributed to the growing demand for biopharmaceutical equipment for commercial bioproduction in pharmaceutical and biopharmaceutical companies.

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Geographic Review:
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Denmark, Ireland, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Latin America, and Middle East & Africa.
Europe is estimated to command the largest share of the biopharmaceutical processing equipment and consumables market in 2022, followed by North America and Asia-Pacific. Germany is estimated to be the largest shareholding market in Europe in 2022. The growth of this market is primarily driven by the increase in pharmaceutical export, government grants, and funding to biotech and biopharmaceutical companies, and biopharmaceutical companies expanding their capacities for biologics-based drugs and therapeutics to meet the increasing demand of the market.

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Key Players
The key players operating in the global biopharmaceutical processing equipment and consumables market are 3M Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Agilent Technologies, Inc (U.S.), Repligen Corporation (U.S.), Sartorius AG (Germany), Merck KGaA (Germany), Eppendorf AG (Germany), and Solaris Biotechnology Srl (Italy).

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Scope of the Report:
Biopharmaceutical Processing Equipment and Consumables Market, by Product Type
• Filtration Systems
• Chromatography Equipment and Consumables
o Consumables
o Equipment
• Bioreactors
o Reusable Bioreactors
o Disposable/Single-use Bioreactors
• Cell Culture Products
o Cell Culture Media
 Cell Culture Media, by Physical Form
 Dry Powder Media
 Liquid Media
 Cell Culture Media, by Type
 Off-the-Shelf Media
 Custom Media
 Cell Culture Media, by Source
 Chemically Defined Media
 Natural Media
o Reagents and Supplements
o Cell and Cell Lines
o Serum
• Mixing Systems
• Bioprocessing Containers
• Sterilizers
• Centrifuges
• Incubators
• Shakers
• Biosafety Cabinets
• Other Equipment and Consumables
• Service
(Note: Other equipment and consumables include membrane adsorbers, cell disruption reagents, pipettes, syringes, vials, closures, tubing, connectors, and sensors)
Biopharmaceutical Processing Equipment and Consumables Market, by Application
• Commercial Bioproduction
o Vaccine Manufacturing
o mAb Production
o Recombinant Protein Production
o Cell and Gene Therapy Production
• Research Bioproduction
Biopharmaceutical Processing Equipment and Consumables Market, by End User
• Pharmaceutical and Biopharmaceutical Companies
• Contract Development and Manufacturing Organizations (CDMOs)
• Academia and Research Institutes
Biopharmaceutical Processing Equipment and Consumables Market, by Geography
• North America
o U. S.
o Canada
• Europe
o Germany
o U. K.
o France
o Italy
o Spain
o Switzerland
o Denmark
o Ireland
o Belgium
o Rest of Europe (RoE)
• Asia-Pacific (APAC)
o China
o Japan
o India
o South Korea
o Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa


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Issued By meticulous research
Country India
Categories Health
Tags biopharmaceutical manufacturing , biopharmaceutical processing
Last Updated April 3, 2024