PharmiWeb.com - Global Pharma News & Resources
28-Oct-2024

Global Bioprocess Validation Market Projected to Reach USD 996.29 Million by 2033 at a 9.20% of CAGR, Driven by Growing Demand for Biopharmaceuticals

Global Bioprocess Validation Market

According to recent market research conducted by FMI, the global bioprocess validation market is anticipated to experience robust growth, with a projected CAGR of 9.20% from 2023 to 2033. In 2023, the market size is estimated to reach a valuation of USD 449.03 million, with expectations to surge to approximately USD 996.29 million by 2033.

The bioprocess validation market is increasingly vital as the demand for biopharmaceuticals continues to rise, necessitating stringent validation processes to ensure product safety and efficacy. Bioprocess validation is a critical aspect of the biomanufacturing process, involving the assessment of various parameters to confirm that processes consistently produce products that meet predetermined quality standards.

Factors contributing to market growth include advancements in biomanufacturing technologies, increased regulatory scrutiny, and the rising prevalence of chronic diseases requiring biopharmaceutical interventions. As companies strive to meet regulatory requirements and enhance production efficiencies, investment in bioprocess validation is expected to grow significantly.

This projected growth underscores the importance of bioprocess validation in ensuring the reliability of biopharmaceuticals and highlights the industry’s commitment to maintaining high-quality standards in drug development and manufacturing processes. The bioprocess validation market is poised to evolve further, adapting to the needs of a rapidly changing biopharmaceutical landscape.

Increasing Demand for Biologics:

The biopharmaceutical industry is growing rapidly, with increasing demand for biological drugs. This has led to a corresponding increase in the demand for bioprocess validation services, as companies seek to ensure the safety and quality of their products.

Stringent Regulatory Requirements:

Regulatory agencies such as the FDA and EMA have established strict guidelines for the manufacture and validation of biological drugs. Compliance with these guidelines is essential for obtaining approval to market biologics. This has led to an increased demand for bioprocess validation development to ensure compliance with these regulations.

Advancements in Technology:

The development of new technologies such as single-use systems and continuous manufacturing has led to new challenges for bioprocess validation. Companies are increasingly seeking validation services that can keep pace with these technological advancements.

Increasing Demand for Biologics:

The biopharmaceutical industry is growing rapidly, with increasing demand for biological drugs. This has led to a corresponding increase in the demand for bioprocess technology, as companies seek to ensure the safety and quality of their products.

Increasing Outsourcing of Biopharmaceutical Manufacturing:

Many bioprocessing in pharma companies is outsourcing their manufacturing to contract manufacturing organizations (CMOs). This has led to an increased demand for bioprocess validation services from CMOs, as they seek to ensure the quality and safety of the products they manufacture.

Competitive Background

The demand for bioprocess validation services is consistently rising encouraging several newcomers to venture into the market. Consequently, competition is increasing in the market. Established companies are focusing on strategic collaborations to gain a competitive edge.

Key Companies Profiled

Thermo Fisher Scientific Inc.; Sartorius AG; Eurofins Scientific, Inc.; Merck KGaA; Lonza; Danaher Corporation; SGS S.A.; Charles River Laboratories; Toxikon Corporation; Cobetter Filtration Equipment Co., Ltd.

A Full Report Overview

Bioprocess Validation Market by Category

By Testing Type:

  • Extractables & Leachables Testing
  • Bioprocess Residuals Testing
  • Viral Clearance Testing
  • Filtration & Fermentation Systems Testing
  • Others

By Stage:

  • Process Design
  • Process Qualification
  • Continued Process Verification

By Mode:

  • In House
  • Outsourced

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Editor Details

Last Updated: 28-Oct-2024