Europe Continuous Bioprocessing Market by Size, Share, Forecasts, & Trends Analysis
Europe Continuous
Bioprocessing Market to reach $206.1 million by 2030
Europe
Continuous Bioprocessing Market by Product (Filtration, Chromatography,
Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal
Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs) -
Forecast to 2030,” published by Meticulous Research, the Europe continuous
bioprocessing market is expected to grow at a CAGR of 19.1% from 2023 to reach
$206.1 million by 2030.
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Continuous bioprocessing is increasingly being adopted in
biopharmaceutical manufacturing due to its agility, flexibility, efficiency,
and robustness. This approach streamlines processes by minimizing steps,
employing smaller facilities and equipment, and enhancing product quality for
real-time release.
Currently, continuous bioprocessing is predominantly
utilized in small-scale perfusion. However, its benefits, including
cost-effectiveness and product quality, are expected to drive its adoption in
large-scale biopharmaceutical production in the forthcoming years. Continuous
bioprocessing encompasses various components, including instruments and
consumables like filtration, chromatography, centrifugation, bioreactors,
incubator/shakers, sterilizers, cell culture media, buffers, and reagents.
The growth of this market is attributed to factors such as
recent product launches and advances in the continuous bioprocessing space,
gradual adoption of continuous manufacturing, and initiatives supporting the
adoption of biopharmaceuticals. Furthermore, the shift towards bioprocessing
4.0 and the rising adoption of personalized medicines are expected to provide
significant market growth opportunities.
Supportive Government Initiatives Across the European Region
to Drive the Market’s Growth
Governments across several European nations are undertaking
initiatives to promote the adoption of continuous bioprocessing due to their
benefits, such as consistent product quality, enhanced productivity, reduced
equipment size, streamlined process flow, and low operating and capital
expenses. For instance:
The report also includes an extensive assessment of the key
growth strategies adopted by leading market players in the past four years. In
recent years, the Europe continuous bioprocessing market has witnessed numerous
organic and inorganic strategic developments.
The key players profiled in this market study are 3M Company
(U.S.), Cytiva (U.S.), Thermo Fisher Scientific Inc. (U.S.), Merck KGaA
(Germany), Sartorius AG (Germany), Repligen Corporation (U.S.), Eppendorf AG
(Germany), Applikon Biotechnology (Netherlands), Pall Corporation (U.S.),
Solida Biotech GmBH (Germany), Electrolab Biotech Limited (U.K.), Biowest
(France), and Bionet (U.S.).
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Based on application, in 2023, the R&D segment is
projected to register a higher CAGR during the forecast period. The growing
interest in clinical studies for monoclonal antibodies, gene therapies, and
vaccines and the focus on increasing R&D scale through government
initiatives support the growth of the R&D segment. For instance, in 2021,
the government of Ireland allocated USD 975.2 billion (EUR 869.2 billion) for
research and development to software, medical devices, manufacturing, and pharmaceutical
companies. Furthermore, in 2021, Medical Research Agency (Poland) launched
government funding of USD 73.3 million (PLN 300 million) to produce vaccines in
Poland.
Based on geography, the market in Germany is projected to
register the highest growth rate during the forecast period (2023-2030). The
market growth in Germany is driven by the rise in pharmaceutical exports,
government grants, growing immunization efforts, increased funding for biotech
and biopharmaceutical firms, and the expansion of production capacities among
biopharmaceutical companies to meet the growing demand for biologics.
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