Downstream Processing Market Worth $92.0 Billion by 2030 | Thermo Fisher Scientific Inc., Merck & Co., Inc., Boehringer Ingelheim, Lonza Group AG, Eppendorf AG

What processes are involved in downstream processing?

Downstream processing is the recovery and purification of biochemical products with proper treatment. It is a series of events which includes cell separation, filtration, product recovery, extraction of product and purification and then treatment of product by chemical, physical and biological means.

Rise in demand for biopharmaceuticals and increase in R&D expenditure for biopharmaceutical companies drive the growth of the global downstream processing market.  On the other hand, dearth and shortage of skilled bioprocess engineers restrain the growth to some extent. However, emerging markets such as China and India offer lucrative opportunities in the industry.

CAGR: 13.5%

Current Market Size: USD 21.8 Billion

Fastest Growing Region: APAC

Largest Market: North America 

Projection Time: 2021 – 2030

Base Year: 2020

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Covid-19 scenario-

  • Rise in demand for Covid-19 vaccines across the world impacted the global downstream processing market positively, since downstream process is an important method utilized for the production of vaccines.
  • The key players in the industry also heightened their production to cater to the demand for products.  

KEY FINDINGS OF THE STUDY:

  • On the basis of technique, the purification segment held 43.98% share in the global Downstream Processing Industry in 2020.
  • On the basis of product, the chromatography columns and resins segment held the largest Downstream Processing Market Size in 2020, and is expected to remain dominant throughout the forecast period.
  • According to the application, the monoclonal antibody production segment exhibits the largest Downstream Processing Industryshare in 2020, and is expected to remain dominant throughout the forecast period.
  • On the basis of end-user, the biopharmaceutical manufacturers segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
  • Region-wise, North America is expected to experience the highest market share during the forecast period. This was attributed to an increase in R&D activities for biopharmaceuticals, considerable investments made by the market players and increase in government support.

By region, North America accounted for largest Downstream Processing Market Share in 2020 and is expected to retain its dominance throughout the forecast period. This is primarily attributed to increase in R&D activities for biopharmaceuticals, considerable investments made by the market players and increase in government support.

Asia-Pacific witnessed the highest growth rate for the downstream processing market and is expected to continue this trend throughout the forecast period, which is attributed to rise in expenditure on healthcare and improvement in the medical and healthcare infrastructure. In addition, the key market players focus on opportunities offered by the growing demand for single-use systems in the downstream process. This system is highly cost-effective, which has gained popularity among end users. Moreover, significant growth of the pharmaceutical and biotechnology industries supplements the market growth.

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The key market players analyzed in the global downstream processing market report include Danaher Corporation, Repligen Corporation, Thermo Fisher Scientific Inc., Merck & Co., Inc., Boehringer Ingelheim, Lonza Group AG, Eppendorf AG, 3M Company, Finesse Solutions, Inc., and Sartorius Stedim Biotech S.A. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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