Global downstream processing Market Size, Hit CAGR for forecast period 2016–2021
The global downstream processing market is projected 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.
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Increasing demand for biopharmaceuticals and increasing R&D expenditure in the biopharmaceutical industry are the major factors driving the growth of the global downstream processing market.
Developing markets in Asia-Pacific such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore are lucrative markets for downstream processing, rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, and increasing outsourcing services by various pharmaceutical companies from these countries are the major factors driving the growth of the downstream processing market in this region.
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Global downstream processing Market Size for Single-Use Products, By Region, 2017–2021 (USD Million)
On the basis of product, the downstream processing market is segmented 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 downstream processing market. The constant need for newer and different types of columns and resins is likely to fuel market growth.
Discount on Downstream processing Market 2017-2022 spreads across 139 pages profiling 10 companies and supported with 68 tables and 40 figures available at http://www.rnrmarketresearch.com/contacts/discount?rname=948439
*Top 10 Companies Analysed for This Study are – New and innovative product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs. Thermo Fisher Scientific Inc. (U.S.), GE Healthcare (U.S.), Sartorius Stedim Biotech S.A. (France), Merck Millipore (Germany), and Danaher Corporation (U.S.)are some of the leading manufacturing companies that adopted this strategy.
Downstream processing Market Major Effective Point from Table of Content
6 Downstream Processing Market, By Technique
6.1 Introduction
6.2 Purification Techniques
6.2.1 Gel Chromatography
7 Downstream Processing Market, By Product
7.1 Introduction
7.2 Chromatography Columns and Resins
7.3 Filters
7.4 Membrane Adsorbers
8 Downstream Processing Market, By Application
8.1 Introduction
8.2 Monoclonal Antibody Production
8.3 Vaccines Production
9 Downstream Processing Market, By End User
9.1 Introduction
9.2 Biopharmaceutical Manufacturers
9.3 Contract Manufacturing Organizations
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