The Global Bio-Process Technology Market has been witnessing rapid growth since
many years and expected to show the similar growth in coming years.
The major factors responsible for this are; increasing awareness of bio-banks, and growth in
production of vaccines. In addition to this, wide acceptance of bio-process technology by
pharmaceutical companies, industrial chemical manufacturers, hospitals, and research
institutes are further boosting the growth of bio-process technology market globally.
Bioprocessing techniques are also used in bio-banking that is for preserving cell culture and
to increase its shelf life under extremely low temperature known as cryopreservation.
There were more than 10 bio-process technologies being developed or are commercially
available in the market in the form of kits or whole apparatus required, developed by more
than 20 small and large companies. The major techniques includes cell expansion, cell line
development, flow cytometry, cell counting, cell culture, virus infiltration, single use
bioprocessing, biologics safety testing, tangential flow filteration and progen testing. Cell
culture, cell expansion and flow cytometry are the most expensive process of bio-processing
techniques and involved large bioreactors and heavy containers and also, are widely used
technique worldwide for fermentation or vaccine production. These methods are very critical
and involved high protection and control to minimize the high risk of contamination of cells
or bacteria and takes place in highly controlled and sterilized and computerized
environment. There are more than 40 medicines or vaccines being developed recently
using these bioprocess technologies.
Worldwide bio-process technology market Players: The the major key players of this
market are: Merck Millipore (Germany), Thermo Fisher Scientific, Inc. (U.S.), Becton,
Dickinson and Company (U.S.), Danaher Corporation (U.S.), Lonza Group AG (Switzerland),
Sartorius Stedim Biotech S.A (France), Corning, Inc.(U.S.), Bio-Rad Laboratories (U.S.), and
Charles River Laboratories (U.S.), and others. Get Sample Copy at http://bit.ly/2I3lMx6 .
The Global Bio-Process Technology Market has been valued at 29 billion in 2015 and is
expected to increase to 71 billion by the end of forecasted period.
The information Provides in Segmentation are : The global bio-process technology
market is majorly segmented on the basis of type, application and end users. Based on the
type, the market is segmented into cell culture, cell expansion, flow cytometry, cell line
development and virus infiltration. Further on the basis of application the market is
classified into biopharmaceuticals, specialty products and industrial chemicals and
environment management aid. Similarly, on the basis of end users the market is again
classified into hospitals, research labs and centers, medical institutions and others. Cell
culture and flow cytometry are the most used process worldwide and contributes the largest
market share together of the total bio-process technology.
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North America with the largest market share of 70% in 2015 of the global bio-process
technology market due to high prevalence rate of various chronic diseases, and easy
availability of all fundamental infrastructure and vaccine due to widespread healthcare
infrastructure and government encouragement to medical innovation and is expected to
grow further during the forecasted period. In 2016, US accounts for the maximum number
of chronic disease treatment and operations such as cancer, hence large funds were been
spend by the pharmaceutical companies in R&D of developing fast and effective vaccine and
treatment to develop the prevention for such diseases leading to the increase use of bio-
process technologies. Asia Pacific is expected to be the fastest growing market and is
expected to continue to grow at the same rate during the forecasted period
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