The Global Next-Generation Biomanufacturing Market Size and Revenue Forecasts to 2028
The report on the Global Next-Generation Biomanufacturing Market initially offers an in-depth overview of the Next-Generation Biomanufacturing Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
Next-generation biomanufacturing process makes it possible to meet increasing demand for biological medicine used in the treatment of critical diseases such as liver and kidney disorders, cancer and diabetes. In addition, growing adoption of single-use products such as single-use bio-reactors, bio containers and increasing financial support from private investors and governments for development of next-generation biomanufacturing units are among some major factors driving growth of the global next-generation biomanufacturing market, and the trend is expected to continue over the forecast period.
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Next-generation biomanufacturing process uses advanced technologies such as Artificial Intelligence, augmented reality, etc., and offers seamless outcomes that are better in terms of quality compared to outcomes generated using first-generation process. The adoption rate of next-generation biomanufacturing process is growing among various biopharmaceutical companies and research institutes owing to more energy-efficiency reduced water requirement, less volume of solid waste, and comparatively lower carbon emissions in the environment.
Key Findings in the Report:
- In July 2018, Amgen opened a new next-generation biomanufacturing plant located in West Greenwich, R.I. campus. The company invested approximately USD 200 Million in this new facility.
- In April 2020, Akron Biotech acquired Cambryn in Sarasota, Florida, from Cambryn Biologics. The facility is a biomanufacturing plant equipped with state-of-the-art equipment.
- Biopharmaceutical Companies accounted for a 39% revenue share in the global market. This can be attributed to rapid technological advancements and increasing investor and governments funding.
The key players profiled in the report are Merck KGaA, Thermo Fisher Scientific Inc., Eppendorf AG, Danaher Corporation, GEA Group Aktiengesellschaft, Sartorius AG, bbi-biotech GmbH, Solaris Biotechnology Srl, Esco Group of Companies, Pierre Guérin, and PBS Biotech, Inc.
Global Next-Generation Biomanufacturing Market Segmentation based on Product Types and Application Spectrum:
For the purpose of this report, Emergen Research has segmented the next-generation biomanufacturing market based on type, application, end-use, and region as follows:
Type Outlook (Revenue: USD Billion; 2020–-2028)
- Continuous Upstream Biomanufacturing
- Single-Use Upstream Biomanufacturing
- Downstream Biomanufacturing
Application Outlook (Revenue: USD Billion; 2020–-2028)
- Monoclonal Antibodies
- Hormones
- Vaccines
- Recombinant Proteins
- Others
End-Use Outlook (Revenue: USD Billion; 2020–-2028)
- Biopharmaceutical Companies
- Research Institutions
- CMOs/CDMOs
Regional Analysis of the Next-Generation Biomanufacturing Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report provides an extensive forecast of the industry and its significant growth in the forecast years. The report provides important information regarding the sales volume, revenue forecast, market size, market share, and current and emerging market trends. Along with this, the report covers SWOT analysis, Porter’s Five Forces analysis, Feasibility analysis, and investment return analysis.
Key Benefits of Buying the Global Next-Generation Biomanufacturing Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast and assessment of the Global Next-Generation Biomanufacturing Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Next-Generation Biomanufacturing Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Next-Generation Biomanufacturing Market
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