Downstream Processing Market to Witness Significant Growth In Coming Years
Posted by MarketNews on November 26th, 2019
According to a new market research report "Downstream Processing Market by Technique (Separation, Concentration, Purification), Product (Chromatography Column & Resin, Filter, Single use), Application (Mab Production), End User (Contract Manufacturing Organization) - Global Forecast to 2021", published by MarketsandMarkets, the global market is poised to reach USD 22.03 Billion by 2021 from USD 10.32 Billion in 2016, at a CAGR of 16.4% from 2016 to 2021.
The growth in the Downstream Processing Market will majorly be driven by the increasing demand for biopharmaceuticals, as downstream processing steps play a significant role in providing pure and quality products. However, the high cost of instruments used in downstream processing is expected to restrain the growth of this market. On the other hand, patent expiration of blockbuster biopharmaceutical products represents significant growth opportunities for the key players in the Downstream Processing Market.
The global Downstream Processing Market is broadly segmented on the basis of technique, product, application, end user, and region. On the basis of technique, the market is segmented into purification, solid-liquid separation, and clarification/concentration.
Browse and in-depth TOC on "Downstream Processing Market"
68 - Tables
40 - Figures Also See: Processing Market, Downstream Processing, Largest Share, Global Downstream, Processing, Market, Growth
139 – Pages
Please share your specific interest to serve you better.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=73180930
In 2016, the purification segment accounted for the largest share of the market. This largest share and the 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.
On the basis of product, the market is broadly classified into chromatography columns and resins, filters, membrane adsorbers, single-use products, and other products (consumables and accessories). In 2016, the chromatography columns and resins segment accounted for the largest share of the Downstream Processing Market.
Columns and resins are the most important component of a chromatography system and are extensively used in the separation, recovery, and purification of components of a bioactive sample. The constant need for newer and different types of columns and resins is likely to fuel market growth.
North America (comprising the U.S. and Canada) is expected to account for the largest share of the global Downstream Processing Market in 2016, followed by Europe. North America is the world's largest pharmaceutical market and a leader in biopharmaceutical research. Rising quality requirements have emphasized the need for advanced bioproduction technology in this region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The Asia-Pacific Downstream Processing Market, particularly in China, Japan, India, and South Korea, is expected to witness high growth. In addition, growth in these markets will be fueled by significant investments by key market players, increasing government support, developing R&D infrastructure, and growing expertise & academic excellence.
Request Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=73180930
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.).
N°1 Top Internet Acoustic Blues Guitar Instructor
These 37 complete lessons encapsulate everything learned from playing as a professional blues player over the past 40 years, and contain everything you need learn to play old style blues guitar in exactly the same way.
Music Promotion Machine
Get instant access to a Proven strategy for getting More Fans, More Exposure, and Selling your Music online. Simple step-by-step video training that anyone can follow!
Sell Your Photos
Microstock is a business that allows photographers and video makers to sell their content to film directors, webmasters and other kinds of buyers.
Advanced Guitar with Express Guitar Volume 2 - The Advancing Guitarist
Get ready for a Major Upgrade with your guitar skills, accuracy and musicianship!Dan O'Day's Radio and Voiceover Tools
Shop now for radio & voice overs. CDs, DVDs, books, mp3 training for program directors, production, imaging, sales, management, air talent from DanODay.com.How To Draw Cartoon Animals Step by Step
This incredible method works for ANYONE… whether you’re already good at drawing and want to take your skills to the next level, or if you’ve never even drawn before but have always wanted to try.Advertise Here