PUBLISHER: The Business Research Company | PRODUCT CODE: 1509593
PUBLISHER: The Business Research Company | PRODUCT CODE: 1509593
A biopharmaceutical fermentation system is a specialized arrangement designed to cultivate microorganisms or cells for the production of biopharmaceutical products in controlled environments. These systems are crucial in the biomanufacturing process, facilitating the generation of biologically active compounds such as proteins, antibodies, vaccines, and other therapeutic agents. Key components of biopharmaceutical fermentation systems include bioreactors or fermenters, which create optimal conditions for cell growth and product formation by regulating factors such as temperature, pH, oxygen levels, and nutrient availability.
The primary products of biopharmaceutical fermentation systems can be categorized into upstream and downstream products. Upstream products encompass materials, equipment, or processes involved in the initial production stages, focusing on raw materials, cultivation, and early manufacturing processes. These systems find applications in producing various substances such as recombinant proteins, monoclonal antibodies, antibiotics, probiotics, among others. End-users of these products include biopharmaceutical companies, contract manufacturing organizations, contract research organizations, academic research institutes, the food industry, and other relevant sectors.
The biopharmaceutical fermentation systems market research report is one of a series of new reports from The Business Research Company that provides biopharmaceutical fermentation systems market statistics, including biopharmaceutical fermentation systems industry global market size, regional shares, competitors with biopharmaceutical fermentation systems market share, detailed biopharmaceutical fermentation systems market segments, market trends, and opportunities, and any further data you may need to thrive in the biopharmaceutical fermentation systems industry. This biopharmaceutical fermentation systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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 several factors, including the increasing demand for biologics, regulatory support, industry consolidation, growing investment in research and development, and an 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%. In the forecast period, growth can be attributed to several factors, including the expansion of the biopharmaceutical pipeline, a shift towards personalized medicine, adoption of continuous bioprocessing, expansion into emerging markets, and advancements in automation and digitalization. Major trends during this period include increased adoption of continuous manufacturing, growth in personalized medicine, expansion of the biosimilars market, adoption of advanced analytics and AI, and a focus on sustainability and environmental impact.
The expansion of the biologics pipeline is set to drive the growth of the biopharmaceutical fermentation systems market in the coming years. Biologics encompass medicinal products derived from living organisms or their components, including vaccines, gene therapies, and recombinant therapeutic proteins. This growth in the biologics pipeline is fueled by advancements in biotechnology, deeper insights into disease mechanisms, and the increasing demand for targeted and personalized therapies. Biopharmaceutical fermentation systems play a crucial role in biologics production by cultivating genetically engineered cells or microorganisms, enabling the large-scale synthesis of complex therapeutic proteins, antibodies, and vaccines. For example, 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. Hence, the growing biologics pipeline is propelling the biopharmaceutical fermentation systems market forward.
Key players in the biologics fermentation systems market are focusing on developing advanced systems such as automated bioreactors to improve efficiency, scalability, and reproducibility. Automated bioreactors integrate automated control and monitoring technologies to optimize growth conditions for microorganisms or cells in biopharmaceutical production. For instance, Froilabo, a France-based laboratory equipment company, launched fully automated lab-scale bioreactors in October 2022. These bioreactors offer versatility and precision for various applications, providing high-grade aseptic conditions with customizable options for impeller placement and type.
In December 2022, MilliporeSigma, a US-based life sciences company, acquired Erbi Biosystems Inc., enhancing its upstream portfolio in therapeutic proteins. This acquisition integrated Erbi Biosystems' Breez micro-bioreactor platform technology, facilitating scalable cell-based perfusion bioreactor processes from 2ml to 2000L and promoting innovation in continuous bioprocessing. Erbi Biosystems Inc. is a US-based company specializing in bioprocess instrumentation for cell therapy and bioprocessing process development.
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 Guerin Technologies, AntoXa Corporation, Applikon Biotechnology, Cellexus Ltd., Infors HT, BioPharm Process Associates LLC
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.
The countries covered in the biopharmaceutical fermentation systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The biopharmaceutical fermentation system market consists of revenues earned by entities by providing services such as analytical services, maintenance services, regulatory support, contract manufacturing, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The biopharmaceutical fermentation systems market also includes sales of bioreactors, media and buffers, and microorganisms and cell lines which are used in providing the services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Biopharmaceutical Fermentation Systems Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on biopharmaceutical fermentation systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for biopharmaceutical fermentation systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The biopharmaceutical fermentation systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.