According to IMARC Group’s latest report, titled “Downstream Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market is expected to grow at a CAGR of around 14% during 2021-2026. Downstream processing (DSP) refers to a set of operations required for recovering and purifying biosynthetic components extracted from various natural sources, including cells, cultured fluids, and plant or animal tissues. It involves flocculation, centrifugation, flotation, and filtration as commonly deployed techniques that are performed after solid-liquid separation, concentration, and chromatography purification processes. These methods assist in maximizing product recovery and minimizing overall production cost, due to which it is extensively used for formulating vaccines, antibiotics, antibodies, and human growth hormones.
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The rising demand for manufacturing of effective vaccines on account of the increasing prevalence of various infectious diseases and the outbreak of coronavirus disease (COVID-19) pandemic across the globe is primarily driving the downstream processing market growth. In line with this, significant advancements in bioprocessing technologies have led to the widespread adoption of continuous downstream processing systems for performing multi-component separations, which, in turn, is propelling market growth. Apart from this, strategic collaborations amongst contract manufacturing organizations (CMOs) and pharmaceutical manufacturers for optimizing downstream purification processes at reduced capital investments and procedure costs are creating a positive outlook for the market. Looking forward, IMARC Group expects the global downstream processing market to continue its robust growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 3M Company
- Boehringer Ingelheim International GmbH
- Corning Corporation
- Danaher Corporation
- Eppendorf AG
- Lonza Group AG
- Merck KGaA
- Repligen Corporation
- Sartorius AG
- Thermo Fisher Scientific Inc.
Breakup by Technique:
- Solid-Liquid Separation
- Cell Disruption
- Purification by Chromatography
Breakup by Product:
- Chromatography Systems
Breakup by Application:
- Antibiotic Production
- Hormone Production
- Antibodies Production
- Enzyme Production
- Vaccine Production
Breakup by End Use:
- Biopharmaceutical Companies
- Contract Manufacturing Organizations
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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