Between 2022 and 2032, the Downstream Processing Market demand is expected to develop at an 11.3% CAGR, reaching a market worth of US$ 72.3 billion by the end of 2032. The global Downstream Processing market was valued at US$ 22.0 billion in 2021 and is expected to reach US$ 24.9 billion by the end of 2022.
Downstream Processing is utilised to create antibiotics, antibodies, hormones, and vaccines, as well as industrial enzymes. Downstream Processing involves the purification and recovery of biosynthetic products produced from natural sources such as animal and plant tissues.
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The Downstream Processing industry is driven by the ever-increasing demand for biopharmaceuticals and rising R&D spending on their development. However, the high cost of the equipment used in Downstream Processing, as well as a scarcity of skilled labour, are impeding the market’s expansion.
Forecast Highlights on Global Downstream Processing Market
- The United States held a maximum share of approximately 90.4% in the North American Downstream Processing market in 2021, and it is expected to increase at a CAGR of 10.5% from 2022 to 2032.
- In 2021, Germany had around 28.1% of the worldwide Downstream Processing market, and it is expected to develop at a CAGR of 10.9% during the forecast period.
- The chromatography columns and resins category dominated the global Downstream Processing market by product in 2021, with a share of roughly 37.9%, and it is expected to rise at a rapid rate during the forecast period.
- In 2021, the purification sector held a revenue share of roughly 43.5% in the global Downstream Processing market, and it is predicted to rise at a 13.5% CAGR during the forecast period.
- The vaccine production category held the largest market share of 30.1% in 2021 and is estimated to increase at a 14.5% CAGR during the forecast period.
The report has also included the profiles of some of the leading companies in the Downstream Processing market like Sartorius Aktiengesellschaft, Repligen Corporation, Merck & Co Inc., Thermo Fisher Scientific, Inc., Eppendorf AG, General Electric Company, Corning Incorporated, 3M Company, Lonza Group Ltd. and Danaher Corporation.
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Market Taxonomy
Product Type:
- Chromatography Column and Resins
- Membrane Adsorbers
- Single-use Products
- Consumables and Accessories
End Users:
- Biopharmaceutical Manufacturers
- Contract Manufacturing Organizations (CMOs)
Applications:
- Monoclonal Antibody Production
- Vaccine Production
- Insulin Production
- Immunoglobulin Production
- Erythropoietin Production
- Other Application
By Technique:
- Separation
- Concentration
- Purification
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About the Healthcare Division at Future Market Insights
Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business.
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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