Downstream processing means the retrieval and cleansing of biosynthetic products, mainly pharmaceuticals and these biosynthetic products are extracted from natural sources like plant tissues, animal tissues, or fermentation broth. It is essential for the production of antibodies, enzymes antibodies used in diagnostics, vaccines, antibiotics, flavor and natural fragrance compounds, hormones and industrial enzymes in the pharmaceutical sector.
Downstream processing have found widespread use in the biotechnology sector which is used to isolate and purify biological products and press the growth of global downstream processing market to new heights. The advantages of downstream processing are high productivity, eradicate the risk of cross-contamination, condensed demand for cleaning and sterilization which result in cost-saving by 60%, which is more than the traditional stainless-steel bioprocessing equipment.
Downstream Processing Market: Key Players
The research study includes profiles of leading companies operating in the global downstream processing market. Key players profiled in the report include: 3M Company, Merck KGaA, Thermo Fisher Scientific Inc., Boehringer Ingelheim International GmbH, Sartorius Stedim Biotech S.A., Eppendorf AG, Corning Corporation, GE Healthcare, Danaher Corporation and Dover Corporation.
Drivers for the Global Downstream Processing Market:
Increase in the demand for recombinant products or drug quality is one of the major factor that is driving the growth of the global downstream processing market. Along with this, increasing demand for and rise in research and development expenditure in biopharmaceutical industry is another factor that is also enhancing the growth of the global downstream processing market. Moreover, rise in use of both laboratory and industrial-scale applications owing to a growing demand for biologics, also boost the market demand.
Opportunities for the Global Downstream Processing Market:
Rise in the technological advancements in single-use filtration technology and chromatography, which are considered as one of the vigorous invention in the field of bio pharmacy are some of the major factors that will drive the growth of the global downstream processing market in the forecast period. Along with this, rise in the infiltration of the biologics and large molecules also drive the growth of the downstream processing market during the forecast period.
Restrains for the Global Downstream Processing Market:
The high cost which is associated with the downstream processing instruments and rise in the need of skillful professionals are some of the major factors that are hindering the growth of the global downstream processing market. Along with this, purification bottleneck and lack of single-use options also hinders the market growth.
Region Wise, Global Downstream Processing Market Analysis:
On the basis of region, the AIOps market is segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America held the largest share in the market because of the government support for the promotion of bioprocess technologies, the existence of vigorous healthcare infrastructure and substantial increase in medical expenditure. The European countries is also having the maximum share in the market which is followed by the Asia Pacific region.
Covid-19: Impact and Recovery Analysis for Global Downstream Processing Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like: Downstream Processing market globally. Most of the industries and businesses like: Downstream Processing are shifting to manufacturing equipment that can support the covid-19 spread from increasing and spreading. Biopharmaceutical innovators and firms are in the middle of an investigation for the Sars-Cov-2 genome and are focusing to prepare a viable vaccine for the same. As the speed of response by the public for covid-19, the biotech units are inspecting SARs-Cov-2 at an extraordinary rate and a large amount of funds are being put into the research and development. Moreover, the public and private sectors are anticipated to work in an agreement to develop a vaccine for Covid-19.
Global Downstream Processing Market: Product analysis
- Chromatography Systems
Global Downstream Processing Market: Application analysis
- Antibiotic Production
- Vaccine Production
- Insulin Production
- Erythropoietin Production
- Immunoglobulin Production
Global Downstream Processing Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East