Bioprocessing Analytics Equipment Market projected to grow US$ 633.6 Million by 2028, with a CAGR of 4.5%

In 2022, Bioprocessing Analytics Equipment Market revenue is expected to reach US$ 485.1 million. With a CAGR of 4.5%, the global market is expected to reach US$ 633.6 billion by 2028.

2.7% of the worldwide biopharmaceutical equipment market is made up of Bioprocessing Analytics Equipment. Over the projection period, high demand for pharmaceutical manufacturing is expected to enhance Bioprocessing Analytics Equipment use.

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Bioprocessing Analytics Equipment Market: Regional Forecast

This study evaluates the trends driving the growth of each market segment at the global and regional levels, and it provides potential takeaways that could be extremely beneficial to manufacturers intending to enter the market. North America is expected to dominate the global Bioprocessing Analytics Equipment market by 2022, accounting for the majority of revenue.

Western Europe and the APECJ markets are estimated to account for approximately 39.2% of the worldwide Bioprocessing Analytics Equipment market in terms of value by the end of 2022. Revenue from the APECJ market is estimated to grow at a CAGR of 5.9% over the forecast period.

In the Bioprocessing Analytics Equipment market, product innovation is a prominent trend. Furthermore, the rising importance of major manufacturers developing Bioprocessing Analytics Equipment in order to extend their product range is propelling the global Bioprocessing Analytics Equipment market.

Bioprocessing Analytics Equipment Market: Segmental Analysis

The global market for Bioprocessing Analytics Equipment is segmented into four categories: product type, application, end user, and geography. There are two product categories in the market: osmometers and bioprocess analyzers. Osmometers will be the most prevalent product type in the Bioprocessing Analytics Equipment market throughout the forecast period.

Because of the widespread usage of cell-based bioprocesses for therapeutic protein synthesis, North America is expected to gain in popularity over the projection period. Manual monitoring of such bioprocesses takes time and can lead to production errors.

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Manufacturers have developed integrated multi-functional analysers, which combine the functionality of different single analyzers (such as cell counters, osmometers, nutrient/electrolyte/metabolite bio-profile analyzers) into one technologically enabled novel sampling system to automatically analyse the culture medium. The integration of diverse capabilities enables parameter feedback control and minimises mistake rates in bioprocessing.

Based on application, the market is further split into clinical and industrial applications. The industrial application segment is expected to lead the worldwide Bioprocessing Analytics Equipment market during the assessment period. Demand for Bioprocessing Analytics Equipment is likely to be highest in the industrial category, which is expected to expand at a CAGR of 4.4% over the forecast period.

The market is further subdivided into end users. Biopharmaceutical companies, Contract Research Organizations (CROs), Contract Manufacturing Organizations (CMOs), Academics & Research Institutes, and Clinical Diagnosis are some of the end user groups.

Biopharmaceutical firms are the main end users of Bioprocessing Analytics Equipment, and demand for Bioprocessing Analytics Equipment is likely to be strongest in Biopharma companies, with a 3.9% growth rate over the forecast period.

Key Players

• Thermo Fisher Scientific Inc.
• F. Hoffmann-La Roche Ltd. (Roche Diagnostics)
• ELITechGroup
• KNAUER
• Gonotec GmbH
• Advanced Instruments Inc.
• Resolution Spectra Systems Inc.
• Kaiser Optical Systems Inc.
• SYSBIOTECH SARL

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Key Segments Of Bioprocessing Analytics Equipment Industry Survey

By Product Type:

• Osmometers
  • Vapour Pressure Depression Osmometers
  • Membrane Osmometers
  • Freezing Point Depression Osmometers
• Bioprocess Analysers

By Application:

• Bioprocessing Analytics Equipment for Clinical Applications
• Bioprocessing Analytics Equipment for Industrial Applications

By End User:

• Bioprocessing Analytics Equipment for Biopharmaceutical Companies
• Bioprocessing Analytics Equipment for Contract Research Organizations (CROs)
• Bioprocessing Analytics Equipment for Contract Manufacturing Organizations (CMOs)
• Bioprocessing Analytics Equipment for Academics & Research Institutes

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