Rising Demand for Real-time Bioprocess Raman Analyzers in the Biopharmaceutical Sector

The Global Real-time Bioprocess Raman Analyzer Market Size is expected to be worth roughly US$ 19.4 million in 2022, with a 10.1% CAGR between 2022 and 2032. According to the report, market sales are expected to reach approximately US$ 50.8 million by 2032. In 2021, the instrument segment was responsible for more than 90% of market value.

The advancement of the biopharmaceutical sector and the rise of digital transformation of production processes is the primary factor driving market expansion. Application of appropriate measuring sensors in conjunction with data analytics, i.e., process analysis technology (PAT), such as information incorporation in process control algorithms.

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In real-time, the PAT approach would be able to distinguish between product, process-related impurities, and product-related impurities. The requirement to compute and illustrate complex protein treatments has created modern analytical methodologies, which will drive the Real-time Bioprocess Raman Analyzer market.

Furthermore, prominent players in the Real-time Bioprocess Raman Analyzer market are boosting their R&D expenditure to extend their production capacity to meet bioprocessing demand.

For example, Thermo Fisher Scientific Inc. developed Ramina process analyzers for process monitoring in a variety of applications, including biopharmaceutical manufacturing, in April 2022. The new raman spectroscopic analyzers provide continuous and non-destructive analysis without the need for sample preparation, as well as quick system setup and disposition in under 15 minutes to yield spectral data on target analytes in a matter of seconds.

Furthermore, regulatory bodies have taken a number of initiatives to improve their first-action approval rate. This measure will assist the FDA in providing quick access to novel therapies in order to accelerate research activities. Companies are emphasising analytical quality-by-design (AQbD) methodologies to increase the output of the bioprocessing manufacturing process, which is projected to boost market growth.

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Key Takeaways from Market Study

• Instruments are expected to hold over 90.4% market value share by the end of 2032 and are expected to display a growth at 9.8% CAGR over the forecast period.
• Bioprocess analysis by application held the highest segment share in terms of the market value of 77.3% in 2021.
• Biopharmaceutical companies are leading among end-users with a market share of 40.8% in 2021 due to the increasing production of bioprocessing and biopharmaceutical products across the globe.
• North America is slated to be the largest leading region with a value share of 60.3% in 2021.

 “Increasing investments and research & development activities for in-line and on-line bioprocessing in the real-time will boost real-time bioprocess raman analyser market over the forecast period,” says an analyst of Future Market Insights

Real-time Raman Analyzer Market Competition:

Real-time Raman Analyzer Market Key Players:

1. Kaiser Optical Systems, Inc.
2. Resolution Spectra Systems Inc.
3. Tornado Spectral Systems
4. Sartorius AG
5. Thermo Fischer Inc.
6. Chauvin Arnoux Group (INDATECH)
7. MarqMetrix, Inc.
8. Wasatch Photonics, Inc.
9. Real Time Analyzer Inc

Key players are actively engaged in mergers and acquisitions and collaborations with the leading biopharmaceutical industries and contract manufacturing. This would help them expand their global footprint for Real-time Bioprocess Raman Analyzers.

• In January 2022, subsidiaries Kaiser optical systems and spectra sensors merge into endress+hauser optical analysis Inc., to strengthen the emphasis on laboratory and process analysis and position itself to provide consumers with better support.

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the Real-time Bioprocess Raman Analyzer market in its latest study, presenting a historical demand assessment of 2018 to 2021 and projections for 2022 to 2032.

Key Market Segments Covered in Real-time Bioprocess Raman Analyzer Industry Research:

By Product Type:

• Instruments
  • Raman Analyzers
  • Raman Probe
• Software

By Application:

• Lab to Process Analysis
• Bioprocess Analysis

By End-User:

• Biopharmaceutical Companies
• Contract Manufacturing Organizations
• Research Organizations

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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