Bioprocess Technology Market Share, Growth, Future Prospects, Forecast to 2028

Bioprocess Technology Market

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Global Bioprocess Technology Market Size, Share and Trends Analysis Report, By Product Type (Instruments (Bioprocess Analyzers, Gas Analyzer, Osmometers, Bioreactor, and Incubators), and Consumables and Accessories (Culture Media, and Reagents)), By Process (Batch, Fed-Bath, and Continuous Fermentation), By End-User (Biotechnology and Biopharmaceutical Companies, Research and Academic Institutions, and Others) Forecast 2022-2028
Update Available - Forecast 2024-2030

Published: Jul 2023 | Report Code: OMR2026759 | Category : Pharmaceuticals | Delivery Format: /

The global bioprocess technology market is expected to grow at a CAGR of 8.2% during the forecast period. An increase in the funding for biopharmaceutical R&D coupled with the rising incidence of infectious and chronic diseases such as cancer and CVD are some major factors boosting the market growth. The US Department of Commerce’s National Institute of Standards and Technology (NIST), has funded $153 million to National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL). Through this funding, the NIIMB has continued to strengthen the manufacturing industry to meet the need for lifesaving biopharmaceuticals. Moreover, NIIMBL supports R&D to prevent, prepare for and respond to the COVID-19 pandemic and work to increase the shelf life and reduce the amount of refrigeration required from messenger RNA vaccines. Bioprocess technology is a combination of biology, mathematics, and engineering, which deals with the design and advancements of equipment and procedures for manufacturing materials which including, pharmaceutical products, food, polymers, and nutraceuticals.

Partnerships and collaborations are offering an opportunity for market growth. For instance, in November 2021, Waters Corp. and Sartorius announced a collaboration aimed to offer specialization in chromatography, mass spectrometry, and thermal analysis to implement the BioAccorf LC-MS system, a new bioprocess analyzer, with Sartorius Ambr multi-parallel bioreactor system. The combination of systems speeds up and improves the accuracy and speed of tasks, from clone selection to bioprocess optimization. Hence, the funding provided by national institutions and tactical initiatives such as partnership, innovation, and expansion adopted by the key players, further contributes to the market growth during the forecast period.

Segmental Outlook

The global bioprocess technology market is segmented based on product type, process, and end user. Based on product type, the market is segmented into instruments and consumables and accessories. Instruments are further segmented into bioprocess analyzers, gas analyzers, osmometers, bioreactors, and incubators. Consumables and accessories are further segmented into culture media and reagents. Based on the process, the market is segmented into the batch, fed-bath, and continuous fermentation. Based on end-user, the market is segmented into biotechnology, biopharmaceutical, research and academic institutions, and others. Bioprocess technology in biotechnology and biopharmaceutical is expected to attain a steady growth during the forecast period. The rising demand for precision medicine is opening a new arena for drug discovery, which is leading to increasing demand for bioprocess technology in this segment.

Regional Outlook

The global bioprocess technology market is further segmented based on geography including North America (The US and Canada), Europe (UK, Italy, Germany, Spain, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Asia-Pacific region is likely to be the fastest growing region in the market during the forecast period, owing to the expansion of the biopharmaceutical industry in the region.

Global Bioprocess Technology Market Growth by Region, 2021-2028

Global Bioprocess Technology Market Growth by Region

North American Region Holds Prominent Share in the Global Bioprocess Technology Market

North American region holds a significant share in the global bioprocess technology market during the forecast period. The growth of the market is mainly attributed owing to the higher investment in the R&D activities for developing new potential drugs, coupled with the presence of major key players such as Thermo Fisher Scientific Inc. and Danaher Corp. in the region. As per Congressional Budget Office (CBO), the pharmaceutical industry devoted $83 billion to R&D expenditures in 2019, and the investment covers discovering and testing new drugs. Moreover, the leading players are adopting various strategies such as product innovation, geographical expansion, and collaborations to remain competitive in the market. For instance, in April 2022, Fujifilm Diosynth Biotechnologies announced the expansion of its bioprocess Innovation Center in Research Triangle Park (RTP). The site is integrated with comprehensive state-of-the-art analytical instrumentation and high throughput processing equipment.

Market Players Outlook

The major companies operating in the global bioprocess technology market include Danaher Corp., Eppendorf SE, Sartorius AG, Thermo Fisher Scientific Inc., and Waters Corp. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Thermo Fisher Scientific announced the opening of its new single-use technology manufacturing site in Ogden, Utah. The manufacturing site creates additional capacity to produce the material needed for the development of new vaccines and therapies. The site ensures flexible, scalable, and bioprocessing production capacity for critical materials used in developing vaccines including COVID-19. The site has a customizable bioprocess container (BPC), system. This system delivers, process, separates, stores, and transport critical liquids and readily integrates into systems across all steps in the production of life-saving biologics, vaccines, and cell and gene therapies.

The Report Covers

Market value data analysis of 2021 and forecast to 2028.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global bioprocess technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook

• Recovery Scenario of Global Bioprocess Technology Market

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight and Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Danaher Corp.

3.1.1.1. Overview

3.1.1.2. Financial Analysis

3.1.1.3. SWOT Analysis

3.1.1.4. Recent Developments

3.1.2. Eppendorf SE

3.1.2.1. Overview

3.1.2.2. Financial Analysis

3.1.2.3. SWOT Analysis

3.1.2.4. Recent Developments

3.1.3. Sartorius AG

3.1.3.1. Overview

3.1.3.2. Financial Analysis

3.1.3.3. SWOT Analysis

3.1.3.4. Recent Developments

3.1.3.5. Recent Developments

3.1.4. Thermo Fisher Scientific Inc.

3.1.4.1. Overview

3.1.4.2. Financial Analysis

3.1.4.3. SWOT Analysis

3.1.4.4. Recent Developments

3.1.4.5. Recent Developments

3.1.5. Waters Corp.

3.1.5.1. Overview

3.1.5.2. Financial Analysis

3.1.5.3. SWOT Analysis

3.1.5.4. Recent Developments

3.1.5.5. Recent Developments

3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Bioprocess Technology Market by Product Type

4.1.1. Instruments

4.1.1.1. Bioprocess Analyzers

4.1.1.2. Gas Analyzer

4.1.1.3. Osmometers

4.1.1.4. Bioreactor

4.1.1.5. Incubators

4.1.2. Consumable and Accessories

4.1.2.1. Culture Media

4.1.2.2. Reagents

4.2. Global Bioprocess Technology Market by Process

4.2.1. Batch

4.2.2. Fed-Bath

4.2.3. Continous Fermentation

4.3. Global Bioprocess Technology by End-User

4.3.1. Biotechnology and Biopharmaceutical Companies

4.3.2. Research and Academic Institutions

4.3.3. Others (Chemical, Fuels, and Food)

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific

5.4. Rest of the World

6. Company Profiles

6.1. Advanced Instruments

6.2. Biopharm Services

6.3. BPC Instruments AB

6.4. Cellesce

6.5. Emerson Electric Co.

6.6. F. Hoffmann-La Roche Ltd

6.7. Fujifilm Corp.

6.8. General Electric Co.

6.9. Lonza Group Ltd.

6.10. Merck KGaA

6.11. Metabolon

6.12. Nova Biomedical

6.13. Paras Biopharmaceuticals Finland Oy

6.14. Siemens AG

6.15. Solida Biotech GmbH

6.16. Univercells Technologies

1. GLOBAL BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)

2. GLOBAL INSTRUMENTS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

3. GLOBAL CONSUMABLES AND ACCESSORIES IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

4. GLOBAL INSTRUMENTS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)

5. GLOBAL BIOPROCESS ANALYZERS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

6. GLOBAL GAS ANALYZER IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

7. GLOBAL OSMOMETERES IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

8. GLOBAL BIOREACTORS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

9. GLOBAL INCUBATORS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

10. GLOBAL CONSUMABLES AND ACCESSORIES IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)

11. GLOBAL CULTURE MEDIA IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

12. GLOBAL REAGENTS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

13. GLOBAL BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCESS, 2021-2028 ($ MILLION)

14. GLOBAL BATCH BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

15. GLOBAL FED BATH BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

16. GLOBAL CONTINUOUS FERMENTATION BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

17. GLOBAL BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)

18. GLOBAL BIOPROCESS TECHNOLOGY FOR BIOTECHNOLOGY AND BIOPHARMACEUTICAL COMPANIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

19. GLOBAL BIOPROCESS TECHNOLOGY FOR RESEARCH AND ACADEMIC INSTITUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

20. GLOBAL BIOPROCESS TECHNOLOGY FOR OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

21. GLOBAL BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

22. NORTH AMERICAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

23. NORTH AMERICAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)

24. NORTH AMERICAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCESS, 2021-2028 ($ MILLION)

25. NORTH AMERICAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)

26. EUROPEAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

27. EUROPEAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)

28. EUROPEAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCESS, 2021-2028 ($ MILLION)

29. EUROPEAN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)

30. ASIA-PACIFIC BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

31. ASIA-PACIFIC BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)

32. ASIA-PACIFIC BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCESS, 2021-2028 ($ MILLION)

33. ASIA-PACIFIC BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)

34. REST OF THE WORLD BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

35. REST OF THE WORLD BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)

36. REST OF THE WORLD BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCESS , 2021-2028 ($ MILLION)

37. REST OF THE WORLD BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USER , 2021-2028 ($ MILLION)

1. GLOBAL BIOPROCESS TECHNOLOGY MARKET SHARE BY PRODUCT TYPE, 2021-2028(%)

2. GLOBAL INSTRUMENTS IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

3. GLOBAL CONSUMABLES AND ACCESSORIES IN BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

4. GLOBAL INSTRUMENTS BIOPROCESS TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)