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Downstream Processing Market Growth, Size, Share, Industry Report and Forecast 2019-2025
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The growing biotechnology sector is the major factor propelling the demand for the market. The rise in the downstream processing market is also attributed to the high adoption of biotech processing majorly in the agricultural, pharmaceutical and bio service. Rising demand for the high yield variety of seeds and other advancement is due to the development in the field of genetic engineering and gene therapy. Major players of global downstream processing industry endeavor to streamline the process and try to cut down the overall cost associated with the procedural cost and raw material which will ultimately reduce the overall price of the products.
R&D investments are on the rise and the evolution of new downstream processing technology will further help in the development of the market. However, product life degradation, regulatory directives, and strict licensing policies can be a restraint for the downstream processing market. Major downstream processing techniques include member affinity chromatography, employment of high throughput process development, perfusion chromatography, and single-use systems. Moreover, growing investment in the development of bioprocess and fermentation technology for supporting large level production of biologics and biosimilar is expected to boost the growth of the downstream processing market.
Scope of inducing downstream processing technique for the commercial production of the biodegradable material has been increasing, owing to the development of the biosimilar. Contract Manufacturing Organizations (CMOs) are playing a distinctive role in the overall development of the market. A new pharma plant, that is equipped with the large stainless-steel bioreactor to produce large-volume biopharmaceuticals is expensive and time-consuming. Therefore, new market entrants, including startups and some large companies in their expansion programs are switching to CMOS rather than acquiring their own production house.
A full Report of Downstream Processing Market is Available at: https://www.omrglobal.com/industry-reports/downstream-processing-market
Current Market Trends Covered in the Report
Rising incidence and prevalence rate of dengue, hepatitis, cholera, swine flu and so forth will create demand for the effective vaccination bolstered by downstream processing market.
The rapid progress of the biotechnology sector is the major factor propelling the demand for the downstream processing market.
R&D in the process to streamline the process of downstream and also to make it cost-effective.
New entrants, including startups and some large companies in their expansion programs, are switching to CMOS rather than acquiring their own production house.
North America (Comprising the US and Canada) is expected to hold the largest share in the global downstream processing market, followed by Europe.
Global Downstream Processing Market: - Segmentation
By Product
Chromatography Columns and Resins
Filters
Single-Use Products
Membrane Absorbers
Others (Consumables and Accessories)
By Application
Monoclonal Antibody (MABS) Production
Insulin Production
Vaccine Production
Others (Immunoglobulin Production, Erythropoietin Production)
Global Downstream Processing Market: - Region
North America
US
Canada
Europe
Germany
UK
Spain
Italy
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
CompanyProfiles
3MCo.
AsahiKaseiMedicalCo., Ltd.
BataviaBiosciencesB.V.
BoehringerIngelheimInternationalGmbH
CorningInc.
EppendorfAG
ESITechnologiesGroup
FennerGroupHoldingsLtd.
FlowserveCorp.
FUJIFILMDiosynthBiotechnologiesU.S.A., Inc.
GeneralElectricCo.
KanekaCorp.
LonzaGroupLtd.
MerckKGaA
ParkerHannifinCorp.
RepligenCorp.
SartoriusAG
TevaPharmaceuticalIndustriesLtd.
Thermo Fisher Scientific Inc.
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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