Driving Growth: Biopharmaceutical Fermentation Systems Market Analysis 2024-2033

It will grow to $36.55 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.

Jun 27, 2024 - 22:26

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Driving Growth: Biopharmaceutical Fermentation Systems Market Analysis 2024-2033

Overview and Scope
A biopharmaceutical fermentation system is a specialized setup that cultivates microorganisms or cells to produce biopharmaceutical products under controlled conditions. These systems are integral to the biomanufacturing process, enabling the production of biologically active compounds such as proteins, antibodies, vaccines, and other therapeutic agents. Biopharmaceutical fermentation systems include bioreactors or fermenters, which provide an optimal environment for cell growth and product formation by regulating parameters such as temperature, pH, oxygen levels, and nutrient supply.

Sizing and Forecast
The biopharmaceutical fermentation systems market size has grown strongly in recent years. It will grow from $22.57 billion in 2023 to $24.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing demand for biologics, regulatory support, industry consolidation, growing investment in research and developments, and evolving healthcare landscape.

The biopharmaceutical fermentation systems market size is expected to see rapid growth in the next few years. It will grow to $36.55 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to expansion of biopharmaceutical pipeline, shift towards personalized medicine, adoption of continuous bioprocessing, emerging market expansion, and advancements in automation and digitalization. Major trends in the forecast period include increased adoption of continuous manufacturing, growth in personalized medicine, expansion of biosimilars market, adoption of advanced analytics and AI, and focus on sustainability and environmental impact.

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Segmentation & Regional Insights
The biopharmaceutical fermentation systems market covered in this report is segmented –
1) By Product: Upstream Products, Downstream Products
2) By Application: Recombinant Proteins, Monoclonal Antibodies, Antibiotics, Probiotics, Other Applications
3) By End-User: Biopharmaceutical Companies, Contract Manufacturing Organizations, Contract Research Organizations, Academic Research Institutes, Food Industry, Other End-Users

North America was the largest region in the biopharmaceutical fermentation systems market in 2023. The regions covered in the biopharmaceutical fermentation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growing biologics pipeline is expected to propel the growth of the biopharmaceutical fermentation systems market going forward. Biologics refer to medicinal products derived from living organisms or their components, including vaccines, blood and blood components, gene therapies, tissues, and recombinant therapeutic proteins. The growing biologics pipeline can be attributed to advancements in biotechnology, increased understanding of disease mechanisms, and the demand for targeted and personalized therapies. Biopharmaceutical fermentation systems are used in biologics production to cultivate genetically engineered cells or microorganisms, enabling the synthesis of complex therapeutic proteins, antibodies, and vaccines on a large scale. For instance, according to the National Library of Medicine, a US-based medical library, in 2023, the Food and Drug Administration (FDA) approved 55 new drugs, including 29 new chemical entities (NCEs) and 25 new biological entities (NBEs), marking a 50% increase compared to the 37 approvals in 2022. Therefore, the growing biologics pipeline is driving the growth of the biopharmaceutical fermentation systems market.

Key Industry Players
Major companies operating in the biopharmaceutical fermentation systems market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., 3M Company, Danaher Corporation, Merck KGaA, Becton Dickinson and Company, GE Healthcare, Agilent Technologies Inc., Lonza Group AG, GEA Group AG, Sartorius Stedim Biotech, Bio-Rad Laboratories Inc., Pall Corporation, Nova Biomedical, Eppendorf AG, Repligen Corporation, ZETA Holding GmbH, New Brunswick Scientific, ABEC Inc., Pierre Guérin Technologies, AntoXa Corporation, Applikon Biotechnology, Cellexus Ltd., Infors HT, BioPharm Process Associates LLC

The biopharmaceutical fermentation systems market report table of contents includes:
1. Executive Summary
2. Biopharmaceutical Fermentation Systems Market Characteristics
3. Biopharmaceutical Fermentation Systems Market Trends And Strategies
4. Biopharmaceutical Fermentation Systems Market - Macro Economic Scenario
5. Global Biopharmaceutical Fermentation Systems Market Size and Growth
…..
32. Global Biopharmaceutical Fermentation Systems Market Competitive Benchmarking
33. Global Biopharmaceutical Fermentation Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Biopharmaceutical Fermentation Systems Market
35. Biopharmaceutical Fermentation Systems Market Future Outlook and Potential Analysis
36. Appendix