Measurement Technologies in Downstream Processing Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 7.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Measurement Technologies in Downstream Processing Market Analysis
Realtime technologies for the measurement of bioprocessing in downstream processing plays a vital role in advancing basic understanding of the process and further helps in optimization. The measurement technologies have advanced at a rapid pace over the years and made downstream processes very efficient and accurate. The growth of the pharmaceutical industry coupled with the growing adoption of advanced measurement technologies in downstream processing anticipated to boost the market growth over the forecast period. In addition, the growing prevalence of chronic diseases such as cancer, cardiovascular and diabetes has increased the demand for the biopharmaceuticals and further increased the demand for the sensors and further fuel the market growth. According to Cancer Research UK, new cancer cases may increase to 28 million yearly by 2040 compared to 17 million in 2018. However, the lack of skilled professionals and the high cost of the devices are expected to impede the market growth over the forecast period.
Measurement Technologies in Downstream Processing Market Trends
This section covers the major market trends shaping the Measurement Technologies in Downstream Processing Market according to our research experts:
Sensors are Anticipated to Have Significant Share
Sensors play a vital role in the realtime measurement of the parameters and help the manufacturers in optimizing the process and maintaining the quality of the end products. The advancements in the sensor technologies and new product launches are anticipated to boost the market growth over the forecast period. Also due to the advent of digital technologies and wireless communications, the novel sensors are being launched in the market and further fuelling the market growth.
Among the usage segment, single-use measurement technologies anticipated to have significant share owing to ease of use, elimination of standardization steps and lower cost. Moreover, the wide range of applications of single-use measurement technologies anticipated to boost the market growth over the forecast period.
Moreover, downstream processing is used in the purification of monoclonal antibodies which are used in the treatment of many chronic diseases such as cancer. Increasing prevalence of chronic diseases and biopharmaceutical drug approvals are anticipated to boost the overall market growth.
The Asia Pacific Anticipated to Have Significant Market Growth
The Asia Pacific is anticipated to have lucrative market growth due to the presence of contract manufacturing and bioprocessing market players coupled with growing investments in research and development. Moreover, the continuous efforts by the pharma and biotechnology companies to strengthen infrastructure and improve the quality of the end products is anticipated to boost the adoption of advanced measurement technologies. Moreover, North America expected to have notable growth over the forecast period. The growth is attributed to increasing R&D investments in drug development, advancements in measurement technologies, new product launches and presence of key market players.
Measurement Technologies in Downstream Processing Industry Overview
Global measurement technologies in downstream processing market is moderately fragmented and competitive. Market players are focusing on new product launches, product innovations and geographical expansion. The key market players operating in the market include PendoTECH, LLC, Thermo Fisher Scientific, Mettler Toledo, Mettler Toledo, Hamilton Company and Endress+Hauser Management AG among others.
Measurement Technologies in Downstream Processing Market Leaders
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Hamilton Company
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Thermo Fisher Scientific
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Mettler Toledo
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Endress+Hauser Management AG
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PendoTECH
*Disclaimer: Major Players sorted in no particular order
Measurement Technologies in Downstream Processing Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Demand for Continuous Measurement of Quality in Bio processing
- 4.2.2 Advancements in Measurement Technologies
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4.3 Market Restraints
- 4.3.1 Lack of Skilled Professionals
- 4.3.2 High Price of Measurement Solutions
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product
- 5.1.1 Sensors
- 5.1.2 Transmitters and Controllers
- 5.1.3 Buffers and Standard Reagents
- 5.1.4 Others
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5.2 By Usage
- 5.2.1 Single-Use
- 5.2.2 Reusable
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5.3 By End-User
- 5.3.1 Pharma and Biopharmaceutical Companies
- 5.3.2 Contract Manufacturing Organizations
- 5.3.3 Others
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle-East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle-East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 PendoTECH, LLC
- 6.1.2 Thermo Fisher Scientific
- 6.1.3 Mettler Toledo
- 6.1.4 Hamilton Company
- 6.1.5 Endress+Hauser Management AG
- 6.1.6 optek-Danulat GmbH
- 6.1.7 Hamilton Company
- 6.1.8 Broadley-James
- 6.1.9 Applikon Biotechnology BV
- 6.1.10 PreSens Precision Sensing GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Measurement Technologies in Downstream Processing Industry Segmentation
Downstream processing is purification and recovery of biosynthetic products, particularly pharmaceuticals from the crude preparations such as fermentation broths and plants. The main measurement products include sensors, transmitters and controllers, reagents and buffers among others.
| By Product | Sensors | |
| Transmitters and Controllers | ||
| Buffers and Standard Reagents | ||
| Others | ||
| By Usage | Single-Use | |
| Reusable | ||
| By End-User | Pharma and Biopharmaceutical Companies | |
| Contract Manufacturing Organizations | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Measurement Technologies in Downstream Processing Market Research FAQs
What is the current Measurement Technologies in Downstream Processing Market size?
The Measurement Technologies in Downstream Processing Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)
Who are the key players in Measurement Technologies in Downstream Processing Market?
Hamilton Company, Thermo Fisher Scientific, Mettler Toledo, Endress+Hauser Management AG and PendoTECH are the major companies operating in the Measurement Technologies in Downstream Processing Market.
Which is the fastest growing region in Measurement Technologies in Downstream Processing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Measurement Technologies in Downstream Processing Market?
In 2024, the North America accounts for the largest market share in Measurement Technologies in Downstream Processing Market.
What years does this Measurement Technologies in Downstream Processing Market cover?
The report covers the Measurement Technologies in Downstream Processing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Measurement Technologies in Downstream Processing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Measurement Technologies in Downstream Processing Industry Report
Statistics for the 2024 Measurement Technologies in Downstream Processing market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Measurement Technologies in Downstream Processing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
