In the current market scenario, there is a growing demand for high throughput process development products. Growth in the global market is mainly driven by the increasing R&D spending, technological advancements in process development, growth in the biopharmaceutical industry, and growing pressure to lower the cost of manufacturing. However, factors such as the high cost of technology and equipment in this market and lack of adequate infrastructural facilities are restraining the growth of this market to a certain extent.
The global high throughput process development market is expected to reach USD 415.5 Million in 2021 from USD 162.9 Million in 2015, at a CAGR of 14.4%. High Throughput Process Development Market by Product (Consumables (Minicolumn, Mini Bioreactor), Instruments), Services, Software, Molecule Type (mAB), Technology (Affinity Chromatography), End User (Biopharmaceutical) – Global Forecast to 2021
The market is segmented on the basis of molecule type, end user, technology, product and service, and region. Based on molecule type, the market is classified into monoclonal antibodies and others (recombinant pro-insulin, polysaccharide vaccines, recombinant Green Fluorescent Protein (rGFP), fusion proteins, and interferon á-2a). The monoclonal antibodies segment accounted for the largest share of the global market in 2016. The large share of this segment is attributed to the increasing adoption of targeted immunotherapy and rising number of US FDA-cleared therapeutic monoclonal antibodies.
Based on end user, the market is categorized into biopharmaceutical companies, contract research organizations and academic research institutes. Biopharmaceutical companies accounted for the largest share of the global high throughput process development market in 2016. The contract manufacturing organizations segment, on the other hand, is expected to be the fastest-growing end-user segment of the market during the forecast period. High R&D investments by pharmaceutical and biopharmaceutical companies to accelerate drug manufacturing and increasing pressure from regulatory authorities to lower the cost of production are the major factors driving the growth of the biopharmaceutical manufacturers end-user segment.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10249359
Based on technology, the market is categorized into chromatography, ultraviolet-visible spectroscopy, and others (ELISA, chip electrophoresis, SPR, and qPCR). The chromatography segment accounted for the largest share of the global market in 2016. The chromatography segment is further divided into ion exchange chromatography (IEC), affinity chromatography (AC), multimodal chromatography (MC), and others (hydrophobic charge induction chromatography (HCIC) and size exclusion chromatography).
The affinity chromatography segment accounted for the largest share of the chromatography high throughput process development in 2016. Owing to the advantages of affinity chromatography over other chromatography such as high selectivity, high flow rate and its capacity for extensive removal of process-related impurities such as host cell proteins, DNA, and Cell Culture media component are driving the growth of the market.
Based on product and service, the market is categorized into consumables, instruments, services, and software. The consumables segment accounted for the largest share of the global high throughput process development market in 2016. The availability of a wide range of reagents and continuous product developments and innovations are expected to drive the HTPD consumables market.
Factors such as the high cost of technology and equipment in this market and the lack of adequate infrastructural facilities are restraining the growth of this market to a certain extent.
Request for Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=10249359
Geographically, North America (comprising the US and Canada) accounted for the largest share of the global market in 2016. Factors such as increasing R&D spending by pharmaceutical and biopharmaceutical companies, growing demand for technical tools for improving the production quality of biological materials, collective pressure towards lowering the cost of manufacturing biological materials, rising demand for reducing product development timelines, and the presence of major players in this region are driving the growth of the North American market.
Key Players in High Throughput Process Development Market
Major players operating in the high throughput process development market include Danaher (US), GE Healthcare (US), Agilent Technologies (US), Merck Millipore (Germany), and Thermo Fisher Scientific (US).
The High Throughput Process Development Market report published by Market.us , is an extensive anthology of the essential strand of the High Throughput Process Development market, assessed thoroughly by our team of the inquisitor.
The market infiltration report offers perspicacious data and information relevant to the market to familiarize the readers with the lucrative growth anticipation existing in this industry, eventually helping them contrive effective business strategies.
The High Throughput Process Development market report has been well organized curated using industry-verified data to offer guidance concerned with the leading manufacturers and suppliers affianced in this sector.
It further focuses on their pricing analysis, gross revenue, product portfolio, sales network & distribution channels, profit margins, and financial estimation.
Regional assessment of High Throughput Process Development market unlocks a superfluity of unexploited opportunities in regional and domestic market places.
Detailed company profiling accredits users to evaluate company shares analysis, emerging product lines, the scope of new markets, pricing strategies, innovation probability, and much more.The study throws light on the recent trends, technologies, approaches, and tools, which can boost the performance of companies.
Global high throughput process development market is anticipated to go through a remarkable change due to increased attention on developing new items.
According to a report by Transparency Market Research, the leading companies in the market are expected to experience tough competition in the coming years.
To fortify their position in the market, these companies are engaging in associations, mergers, acquisitions, and key joint efforts.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=31088 Some of the leading companies in the global high throughput process development market are Tecan Group Ltd., Bio-Rad Laboratories Inc., PerkinElmer Inc., Eppendorf AG, Danaher Corp., Thermo Fisher Scientific Inc., GE Healthcare.
Geographically, North America is leading the market among all other regions due to advancement in development.Request COVID Analysis on High Throughput Process Development Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=31088 Demand in Consumable and Reagents Due to Rise in OutsourcingThe rise in demand for high throughput process development from contract makers and biopharmaceutical producers is due to rise in demand at the client end.
The increase in growth of biopharmaceutical sector and pressure for decrease in manufacturing cost is influencing the growth of market.High throughput is being adopted globally due to its knowledge of enhancing processes and reduced development time for designing scalable and strong processes.
High throughput process development is rising in the developing economies because government is supporting infrastructure development to expand private and public partnership.
According to the new market research report “High Throughput Process Development Market by Product (Consumables (Minicolumn, Mini Bioreactor), Instruments), Services, Software, Molecule Type (mAB), Technology (Affinity Chromatography), End User (Biopharmaceutical) – Global Forecast to 2021″, published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, and opportunities.Don’t miss out on business opportunities in High Throughput Process Development Market.Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=10249359 Growth in the high throughput process development market is mainly driven by increasing R spending, technological advancements in process development, growth in the biopharmaceutical industry, and the increasing pressure to lower manufacturing costs.By molecule type, the high throughput process development market is classified into monoclonal antibodies and others (recombinant pro-insulin, polysaccharide vaccines, recombinant Green Fluorescent Protein (rGFP), fusion proteins, and interferon á-2a).
The monoclonal antibodies segment accounted for the largest share of the global market in 2016.
The large share of this segment is attributed to the increasing adoption of targeted immunotherapy and the increasing number of FDA-cleared therapeutic monoclonal antibodies.Browse and in-depth TOC on ” High Throughput Process Development Market”102 – Tables35 – Figures152 – PagesRequest for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=10249359Based on end user, the market is categorized into biopharmaceutical companies, contract research organizations and academic research institutes.
Biopharmaceutical companies accounted for the largest share of the global high throughput process development market in 2016.
The contract manufacturing organizations segment, on the other hand, is expected to be the fastest-growing end-user segment of the market during the forecast period.
High R investments by pharmaceutical and biopharmaceutical companies to accelerate drug manufacturing and increasing pressure from regulatory authorities to lower the cost of production are the major factors driving the growth of the biopharmaceutical manufacturers end-user segment.Based on technology, the market is categorized into chromatography, ultraviolet-visible spectroscopy, and others (ELISA, chip electrophoresis, SPR, and qPCR).
