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Continuous Bioprocessing Market Size

  • Report ID: GMI8350
  • Published Date: Feb 2024
  • Report Format: PDF

Continuous Bioprocessing Market Size

Continuous Bioprocessing Market was valued at USD 207.6 million in 2023 and is projected to grow at a CAGR of over 22.1% from 2024 to 2032. Factors such as the increasing demand for biopharmaceuticals, growing adoption of continuous bioprocessing among CMOs and CDMOs, and advancements in continuous bioprocessing technologies majorly contributes to the remarkable market growth. Also, emerging markets, particularly in Asia-Pacific, are witnessing increased adoption of continuous bioprocessing technologies to support the growing demand for biologics, thereby further boosting business development.

 

Continuous bioprocessing is a method used in biotechnology and biopharmaceutical manufacturing where the production process operates continuously rather than in batches. In traditional batch processing, materials are loaded into a vessel, processed for a set period, and then harvested before the vessel is cleaned and prepared for the next batch. In continuous bioprocessing, the materials flow continuously through the system, with product continuously harvested at the output.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of continuous bioprocessing was reached USD 207.6 million in revenue in 2023 and is set to expand at 22.1% CAGR from 2024 to 2032, driven by the increasing demand for biopharmaceuticals, and advancements in continuous bioprocessing technologies.

Continuous bioprocessing market from the instruments segment accounted for 65.7% revenue share in 2023 and is estimated to witness high demand till 2032 due to its indispensable role in enabling efficient, automated, and quality-assured biopharmaceutical manufacturing processes.

North America continuous bioprocessing market size is likely to cross USD 438.2 million by 2032 as this region boasts of a robust ecosystem of research institutions, academic centers, and biotechnology clusters that foster innovation in bioprocessing technologies.

Some of the top companies engaged in the continuous bioprocessing industry are 3M Company, Bionet, Danaher Corporation (Pall Corporation), Eppendorf SE, FUJIFILM HOLDINGS CORPORATION, Merck KGaA, Repligen Corporation, Sartorius AG, Thermo Fisher Scientific Inc., and WuXi Biologics.

Continuous Bioprocessing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 402
  • Countries covered: 19
  • Pages: 230
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