Bioprocess Validation Market - Geographic Expansions By Major Industry Leaders


Posted October 9, 2019 by mmvaidya01

Merck KGaA, Sartorius Stedim Biotech, and Pall Corporation are the Leading Players in the Bioprocess Validation Market

 
This study involved the extensive use of primary and secondary sources and involved an in-depth analysis of the various factors affecting the growth of the global Bioprocess Validation Market. Both primary and secondary research was used to identify the segmentation types, trends, key players, key market dynamics, and key player strategies as well as derive the competitive leadership mapping and competitive landscape in this market.

Stringent safety and quality regulations governing product certification and testing across the biopharmaceutical and pharmaceutical industries, high demand for the outsourcing of bioprocess validation services, and regulatory mandates in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP) are the major factors driving the growth of this market.

The global bioprocess validation market is exceeded USD 180 million in 2019 and is projected to be valued over USD 360 million by 2024, at a CAGR of 14.6% during the forecast period.

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APAC market is estimated to grow at the highest CAGR during the forecast period

The bioprocess validation market in the APAC is estimated to grow at the highest CAGR during the forecast period. The growing biopharmaceutical manufacturing capabilities in Asian countries, increasing demand for outsourcing bioprocess validation, growing life science research specific to biologics and increasing investments by pharmaceutical and biotechnology companies is expected to drive market growth. Additionally, rising awareness about the advantages of biopharmaceutical drugs, and the growing number of CROs & CDMOs, and the favorable government initiatives to promote the growth of the pharmaceutical and biotechnology industries in several APAC countries.

Key Market Players:

The prominent players operating in the global bioprocess validation market are Merck KGaA (Germany), SGS S.A. (Switzerland), Eurofins Scientific (Luxembourg), Sartorius Stedim Biotech (France), Pall Corporation (US), Cobetter Filtration Equipments Co., Ltd. (China), Toxikon Corporation (US), DOC S.r.l. (Italy), MEISSNER FILTRATION PRODUCTS, INC. (US), and Thermo Fisher Scientific (US).

These companies are focusing on increasing their presence in high-growth markets through organic and inorganic growth strategies such as capacity expansions, service launches, agreements, partnerships, collaborations & acquisitions.

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Contact Email [email protected]
Issued By Makarand Vaidya
Phone 8886006441
Business Address 630 Dundee Road
Country United States
Categories Biotech , Industry , News
Tags automation in bioprocess validation , automation in bioprocess validation market , bioprocess validation , bioprocess validation market
Last Updated October 9, 2019