Market Analysis Report China Bioprocess Instruments Market | Page 2

Your Catalyst to a Lucrative Business Increasing demand for bioprocess instruments in the pharmaceutical, research & developmen t, industrial and medical laboratories coupled with the increasing number of these facilities is expected to result in the growth of the market. Change in lifestyle & food consuming habits, and growing levels of air & water pollution have led to increasing occurrence of disease including obesity which has resulted in a rising number of patients diagnosed with cancer, heart disease, diabetes and other chronic conditions. Thus, the healthcare sector is anticipated to create demand for treatment and laboratory services, which will result in the growth of bioprocess instruments market over the forecast period. Browse Details of Report @ https://www.hexaresearch.com/research-report/china-bioprocess- instruments-market Stringent regulatory policies and the high cost of instruments are likely to restrain the bioprocess instruments market in China. The government has been focusing on reducing the fragmentation in the industry by consolidating manufacturers that lack standards in production with larger companies. This move will help in preventing the quality risks and sub-par manufacturers entering the market. Shortage of skilled labor is another challenge in the growth of bioprocessing industry. Koninklijke Philips N.V., Thermo Fisher Scientific Inc. and Becton, Dickinson and Company were the top three companies in the market in China in 2016. Companies are extensively investing in R&D for innovation and new product development. In addition, companies are adopting the strategy of merger and acquisition to expand their product portfolio. Hexa Research has segmented the China bioprocess instruments market based on type: Segmentation by type, 2014 - 2024 (USD Million) • Cell Expansion • Flow Cytometry • Biologics Safety Testing • Cell Line Development • Tangential Flow Filtration • Cell Counters • Virus Filtration • Cell Culture • Pyrogen Testing • Single-Use Bioprocessing Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/pharmaceuticals- industry Follow Us: