The biopharmaceutical fermentation systems global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Biopharmaceutical Fermentation Systems Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The biopharmaceutical fermentation systems market size has grown strongly in recent years. It will grow from $22.57 billion in 2023 to $24.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing demand for biologics, regulatory support, industry consolidation, growing investment in research and developments, and evolving healthcare landscape.
The biopharmaceutical fermentation systems market size is expected to see rapid growth in the next few years. It will grow to $36.55 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to expansion of biopharmaceutical pipeline, shift towards personalized medicine, adoption of continuous bioprocessing, emerging market expansion, and advancements in automation and digitalization. Major trends in the forecast period include increased adoption of continuous manufacturing, growth in personalized medicine, expansion of biosimilars market, adoption of advanced analytics and AI, and focus on sustainability and environmental impact.
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Scope Of Biopharmaceutical Fermentation Systems Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Biopharmaceutical Fermentation Systems Market Overview
Market Drivers –
The growing biologics pipeline is expected to propel the growth of the biopharmaceutical fermentation systems market going forward. Biologics refer to medicinal products derived from living organisms or their components, including vaccines, blood and blood components, gene therapies, tissues, and recombinant therapeutic proteins. The growing biologics pipeline can be attributed to advancements in biotechnology, increased understanding of disease mechanisms, and the demand for targeted and personalized therapies. Biopharmaceutical fermentation systems are used in biologics production to cultivate genetically engineered cells or microorganisms, enabling the synthesis of complex therapeutic proteins, antibodies, and vaccines on a large scale. For instance, according to the National Library of Medicine, a US-based medical library, in 2023, the Food and Drug Administration (FDA) approved 55 new drugs, including 29 new chemical entities (NCEs) and 25 new biological entities (NBEs), marking a 50% increase compared to the 37 approvals in 2022. Therefore, the growing biologics pipeline is driving the growth of the biopharmaceutical fermentation systems market.
Market Trends –
Major companies operating in the biologics fermentation systems market focus on developing advanced fermentation systems, such as automated bioreactors, to enhance efficiency, scalability, and reproducibility. Automated bioreactors are advanced bioprocessing systems that integrate automated control and monitoring technologies to optimize the growth conditions for microorganisms or cells in biopharmaceutical production. For instance, in October 2022, Froilabo, a France-based laboratory equipment company, launched fully automated lab-scale bioreactors. These bioreactors are designed to provide versatility and precision for various applications, including academia, research, process development, and production. These bioreactors offer high-grade aseptic conditions with customizable options for impeller placement and type, featuring a novel magnetic mixer and a non-welded lid.
The biopharmaceutical fermentation systems market covered in this report is segmented –
1) By Product: Upstream Products, Downstream Products
2) By Application: Recombinant Proteins, Monoclonal Antibodies, Antibiotics, Probiotics, Other Applications
3) By End-User: Biopharmaceutical Companies, Contract Manufacturing Organizations, Contract Research Organizations, Academic Research Institutes, Food Industry, Other End-Users
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Regional Insights –
North America was the largest region in the biopharmaceutical fermentation systems market in 2023. The regions covered in the biopharmaceutical fermentation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the biopharmaceutical fermentation systems market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., 3M Company, Danaher Corporation, Merck KGaA, Becton Dickinson and Company, GE Healthcare, Agilent Technologies Inc., Lonza Group AG, GEA Group AG, Sartorius Stedim Biotech, Bio-Rad Laboratories Inc., Pall Corporation, Nova Biomedical, Eppendorf AG, Repligen Corporation, ZETA Holding GmbH, New Brunswick Scientific, ABEC Inc., Pierre Guérin Technologies, AntoXa Corporation, Applikon Biotechnology, Cellexus Ltd., Infors HT, BioPharm Process Associates LLC
Table of Contents
1. Executive Summary
2. Biopharmaceutical Fermentation Systems Market Report Structure
3. Biopharmaceutical Fermentation Systems Market Trends And Strategies
4. Biopharmaceutical Fermentation Systems Market – Macro Economic Scenario
5. Global Biopharmaceutical Fermentation Systems Market Size and Growth
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32. Global Biopharmaceutical Fermentation Systems Market Competitive Benchmarking
33. Global Biopharmaceutical Fermentation Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Biopharmaceutical Fermentation Systems Market
35. Biopharmaceutical Fermentation Systems Market Future Outlook and Potential Analysis
36. Appendix
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