Top 10 Bioprocess Technology Market - Increasing Pharmaceutical Outsourcing Boosts Global Market Growth


Posted July 19, 2019 by mmvaidya01

This report provides a detailed overview of the major drivers, restraints, opportunities, and threat impacting the global top 10 bioprocess technology market .

 
Growth in the biopharmaceutical industry, increase in R&D spending, rising demand for vaccine production, and technological advancements form important growth drivers for this market. On the other hand, stringent regulatory policies and high cost of instruments are restraining market growth for bioprocess technologies.

The report provides an overall understanding of the global top 10 bioprocess technology market. This report segments the market on the basis of type and region.

On the basis of type, the market is segmented into cell culture, cell expansion, cell counting, flow cytometry, single-use bioprocessing, cell line development, virus filtration, biologics safety testing, pyrogen testing, and tangential flow filtration. In 2016, the cell culture segment is expected to account for the largest share of the global top 10 bioprocess technology market.

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On the basis of region, the market is segmented into North America, Europe, Asia, and RoW. In 2016, the North American region is expected to account for the largest share of the global top 10 bioprocess technology market. This growth can be attributed to the increased R&D spending by pharmaceutical and biotechnology companies in this region.

prominent players in the top 10 bioprocess technology market include Thermo Fisher Scientific, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Danaher Corporation (U.S.), Lonza Group AG (Switzerland), Sartorius Stedim Biotech S.A (France), Corning, Inc.(U.S.), Bio-Rad Laboratories (U.S.), and Charles River Laboratories (U.S.).

An analysis of the market developments between 2014 and 2016 revealed that product launches and agreements & collaborations was the most important growth strategy adopted by market leaders.

The other important growth strategy adopted by players in this market was mergers & acquisitions, expansions, and product approvals. This strategy was adopted by market players to enhance their product portfolio and geographic presence. Danaher Corporation (U.S.), Lonza Group AG (Switzerland), Merck Millipore (Germany), and Thermo Fisher Scientific, Inc. (U.S.) are some of the companies that adopted this strategy.

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Issued By Makarand Vaidya
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Business Address 630 Dundee Road
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Categories Biotech , News
Tags top 10 bioprocess technology market
Last Updated July 19, 2019