Global Downstream Processing Market Soars, Forecasted to Reach USD 72.3 Billion by 2032

Downstream Processing Market
Downstream Processing Market

The global downstream processing market continues its remarkable growth trajectory, fueled by increasing adoption across biopharmaceutical companies and contract research organizations. According to recent market analysis, the market, valued at USD 24.9 Billion in 2022, is anticipated to reach a valuation of USD 72.3 Billion by the end of 2032. This robust growth is expected to continue, with a projected compound annual growth rate (CAGR) of 11.3% between 2022 and 2032.

Downstream processing is integral to the production of biopharmaceuticals, employing various techniques to purify and isolate desired molecules from complex biological mixtures. With rising demand for biopharmaceuticals and ongoing advancements in bioprocessing technologies, the downstream processing market is experiencing unprecedented expansion.

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This growth is attributed to several key factors, including:

  • Increased demand for biopharmaceuticals: The growing demand for biopharmaceuticals, such as vaccines and therapeutic proteins, is driving the need for efficient and scalable downstream processing solutions.
  • Rising adoption by CROs: CROs are increasingly outsourcing downstream processing activities, which is further fueling market growth.
  • Technological advancements: Advancements in downstream processing technologies, such as single-use systems and continuous processing, are improving efficiency and reducing costs.

This expansion presents an exciting opportunity for companies involved in the development and manufacturing of downstream processing products and services. As the market continues to grow, there will be a strong demand for innovative solutions that can meet the evolving needs of biopharmaceutical companies and CROs.

Forecast Highlights on Global Downstream Processing Market:

  • As per the forecast of Future Market Insights, the filters product type segment is slated to touch a value of nearly USD 5,700 Million in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. The filters product type segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
  • As per the forecast of Future Market Insights, the contract manufacturing organizations segment will reach a value of nearly USD 5,500 Million in the year 2017. This represents a robust CAGR growth during the forecast period. The contract manufacturing organizations segment is forecasted to account for more than one-third of the total revenue share of the end users segment by the end of the year 2017 and is expected to lose in market share by 2022 as compared with the year 2017.
  • As per the forecast of Future Market Insights, the monoclonal antibody production segment is slated to reach a value of about USD 8,300 Million in 2022. The monoclonal antibody production segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the North America region in the monoclonal antibody production segment.
  • Future Market Insights forecasts the gel chromatography segment to exhibit a compound annual growth rate (CAGR) of nearly 15.0% from 2017 to 2022.

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Key Companies Profiled:

  • Thermo Fisher Scientific Inc.
  • GE Healthcare
  • Sartorius Stedim Biotech S.A.
  • Merck Millipore
  • Danaher Corporation
  • 3M Company
  • Boehringer Ingelheim
  • Lonza Group AG
  • Eppendorf AG
  • Finesse Solutions, Inc.
  • Bio-Rad Laboratories
  • Agilent technologies
  • Solida Biotech GmBH
  • Waters Corporation
  • Applikon BioTechnique/Getinge AB

Key Market Segments Covered In the Downstream Processing Industry Research:

By Product:

  • Chromatography Columns and Resins
  • Membrane Adsorbers
  • Single-use Products
  • Consumables and Accessories

By Technique:

  • Separation
  • Concentration
  • Purification

By Application:

  • Monoclonal Antibody Production
  • Vaccine Production
  • Insulin Production
  • Immunoglobulin Production
  • Erythropoietin Production
  • Other Application

By End User:

  • Biopharmaceutical Companies
  • CDMO/Contract Research Organization
  • Research/Academic Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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