Title: Downstream Processing Market worth 22.03 Billion USD by 2021
1MarketsandMarkets Presents
- Downstream Processing Market
- - Global Forecasts to 2021
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2- In this report, the global market is broadly
segmented by technique, product, application, end
user, and region. On the basis of product, the
market is classified into chromatography columns
and resins, filters, membrane adsorbers,
single-use products, and other products. In 2016,
the chromatography columns and resins segment
accounted for the largest share of the market.
The constant need for newer and different types
of columns and resins is likely to fuel market
growth - Based on technique, the market is segmented into
purification, solid-liquid separation, and
clarification/concentration. In 2016, the
purification segment accounted for the largest
share of the market. This high growth is
attributed to the need for highly pure
biopharmaceutical products to meet the regulatory
standards, as downstream purification plays a
significant role in enhancing the purity and
quality of products aiding the growth of the
purification market.
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Based on application, the downstream processing
market is categorized into monoclonal antibody
(mAbs) production, vaccine production, insulin
production, immunoglobulin production,
erythropoietin production, and other
applications. In 2016, the vaccine production
segment accounted for the largest share of the
market. Technological advancement in the
downstream purification technology to develop
high-quality products such as vaccines at lower
costs is expected to drive the growth of this
segment.
4- Based on end user, the market is segmented into
biopharmaceutical manufacturers and contract
manufacturing organizations (CMOs). In 2016, the
biopharmaceutical manufacturers segment accounted
for the largest share of the market. The
increasing demand for biopharmaceuticals among
the aging population is expected to accelerate
the growth of the biopharmaceutical
manufacturers end-user segment. - The growth of this market is propelled by the
increasing demand for biopharmaceuticals and
increasing RD expenditure in the
biopharmaceutical industry. Emerging markets such
as Asia-Pacific provide new growth opportunities
to players in the market. On the other hand, the
high cost of instruments and the need for skilled
professionals are expected to restrain the growth
of this market to a certain extent during the
forecast period. In addition, purification
bottleneck, lack of single-use options, and
dearth of skilled professionals are the major
challenges in the downstream processing market - The downstream processing market is dominated by
established players such as Thermo Fisher
Scientific Inc. (U.S.), GE Healthcare (U.S.),
Sartorius Stedim Biotech S.A. (France), Merck
Millipore (Germany), and Danaher Corporation
(U.S.).
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