Global Biopharmaceutical Processing Equipment Consumables Market Overview
Biopharmaceutical Processing Equipment Consumables Market was valued at US$ 50.9 Billion in 2024 and is projected to grow at a CAGR of 10.1% to reach US$ 122.1 Billion by 2034.
Any pharmaceutical drug product made in, extracted from, or semi synthesized from biological sources is referred to as a biopharmaceutical, sometimes known as a biological medical product or biologic. Vaccines, entire blood, blood components, allergenic, somatic cells, gene treatments, tissues, recombinant therapeutic protein, and living medicines utilized in cell therapy are examples of non-completely manufactured pharmaceuticals. Biologics are live cells or tissues that are made up of carbohydrates, proteins, nucleic acids, or complicated combinations of these things. They are isolated from live sources such as humans, animals, plants, fungi, and microbes (or their antecedents or components). Both human and animal medicine can benefit from them. Distinct terminologies refer to different subcategories of therapies within the general biopharmaceutical category, and terminology surrounding biopharmaceuticals differs amongst organisations and entities. Some regulatory bodies use the phrases biological medical products or therapeutic biological product to refer to designed macromolecular products such as protein- and nucleic acid-based medications, in order to differentiate them from other types of drugs.
Global Biopharmaceutical Processing Equipment Consumables Market Drivers & Restraints
Rise in adoption of biopharmaceuticals across world will drive the growth of the Market
Biopharmaceuticals are in high demand all around the world. Manufacturers are focusing on the development and commercialization of various biopharmaceutical goods, citing the potential for growth. One of the most important categories of biopharmaceutical goods is monoclonal antibodies. According to the American Pharmaceutical Review, which is one of the top publications in the pharmaceutical business, antibody-based therapeutics account for 67 percent of all biopharmaceuticals currently in the biologic licencing application (BLA) or similar stage of regulatory submission. With its predicted commercialisation in the coming years, demand for bioprocessing equipment and consumables will likely skyrocket. Most large-scale manufacturing operations have relied on fixed stainless-steel equipment for a long time. The tendency, however, is gradually turning in favour of single-use/disposable products. One of the primary driving drivers is the continued adoption of single-use products for the development of tailored treatments.
Global Biopharmaceutical Processing Equipment Consumables Market Segmentations & Regional Insights
The Biopharmaceutical Processing Equipment Consumables Market is segmented based on product, application, end-user and region.
On the basis of Product, the Biopharmaceutical Processing Equipment Consumables Market is segmented into Filtration, Chromatography, Columns, Bioreactor, Cell Culture, and Service. Based on Application, the target market is segmented into Commercial and Research. Based on End-User, the target market is segmented into Pharmaceutical, Biotechnology, CDMO.
Regional Insights:
On region the Biopharmaceutical Processing Equipment Consumables Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2020, North America led the market for biopharmaceutical processing equipment and consumables, followed by Europe and Asia-Pacific. The high demand for biopharmaceutical goods, well-established healthcare system, greater use of new technologies, rising prevalence of chronic diseases, growth in pharmaceutical research and development, and presence of significant players are all factors that contribute to this market's size. Regulatory reforms supporting biopharmaceutical manufacturing, rapidly developing economies, large population size, growing disposable income, government support for biotech-research, and a growing focus of key players in the region are expected to drive significant growth in Asia-Pacific and Latin America during the forecast period.
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Million & CAGR from 2024 to 2034 |
Market Segmentation |
By Product- Filtration, Chromatography, Columns, Bioreactor, Cell Culture, Service By Application- Commercial and Research By End-User- Pharmaceutical, Biotechnology, CDMO |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Global Biopharmaceutical Processing Equipment Consumables Market report based on product, application, end-user and region.
Biopharmaceutical Processing Equipment Consumables Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Biopharmaceutical Processing Equipment Consumables Market Competitive Landscape & Key Players
The key players operating in the biopharmaceutical processing equipment consumables market are GE Healthcare (U.S.), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), Danaher Corporation (U.S.), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (U.S.), 3M Company (U.S.), Repligen Corporation (U.S.), Agilent Technologies, Inc. (U.S.), and Eppendorf AG(Germany) among others.
Global Biopharmaceutical Processing Equipment Consumables Market Company Profile
- GE Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck KGaA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thermo Fisher Scientific Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Danaher Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sartorius AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bio-Rad Laboratories, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 3M Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Repligen Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Biopharmaceutical Processing Equipment Consumables Market Highlights
FAQs
Global Biopharmaceutical Processing Equipment Consumables Market is segmented based on Product, Application, End-User and region.
Rise in adoption of biopharmaceuticals across world is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
The key players operating in the biopharmaceutical processing equipment consumables market are GE Healthcare (U.S.), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), Danaher Corporation (U.S.), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (U.S.), 3M Company (U.S.), Repligen Corporation (U.S.), Agilent Technologies, Inc. (U.S.), and Eppendorf AG(Germany) among others.