DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Downstream Processing Market - Global Forecast to 2021" report to their offering.
The global downstream processing market is projected to reach USD 22.03 billion by 2021 from USD 10.32 billion in 2016, at a CAGR of 16.4% from 2016 to 2021. Increasing demand for biopharmaceuticals and increasing R&D expenditure in the biopharmaceutical industry are the major factors driving the growth of the global downstream processing market.
Developing markets in Asia-Pacific such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore are lucrative markets for downstream processing, rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, and increasing outsourcing services by various pharmaceutical companies from these countries are the major factors driving the growth of the downstream processing market in this region.
In this report, the downstream processing market is broadly segmented on the basis of technique, product, application, end user, and region. Based on application, the downstream processing market is classified into monoclonal antibody (mAbs) production, vaccine production, insulin production, immunoglobulin production, erythropoietin production, and other applications. The mAbs production segment is expected to grow at the fastest CAGR during the forecast period. This high growth is attributed to the increasing adoption of targeted immunotherapy and increasing number of U.S. FDA-cleared therapeutic monoclonal antibodies.
- 3M Company
- Boehringer Ingelheim
- Danaher Corporation
- Eppendorf AG
- Finesse Solutions, Inc.
- GE Healthcare
- Lonza Group AG
- Merck Millipore
- Sartorius Stedim Biotech S.A.
Thermo Fisher Scientific Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Downstream Processing Market, By Technique
7 Downstream Processing Market, By Product
8 Downstream Processing Market, By Application
9 Downstream Processing Market, By End User
10 Downstream Processing Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/pd4fdt/downstream