Market Size of Upstream Bioprocessing Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Upstream Bioprocessing Market Analysis
The upstream bioprocessing market is expected to register a CAGR of 5.5% over the forecast period.
- The COVID-19 pandemic significantly impacted the upstream bioprocessing market, as drug manufacturers focused on developing vaccines and medications for COVID-19 diagnosis and treatment. The need for efficient development of new upstream bioprocesses became more crucial during the pandemic. This resulted in a surge in upstream bioprocessing rates, which contributed to market growth. However, as COVID-19 cases decline, the market is stabilizing, returning to pre-pandemic levels.
- Over the forecast period, the rising adoption of single-use upstream bioprocessing, commercial success and demand for biotherapeutics, and increasing research activities are expected to drive the market's growth. Advanced upstream bioprocessing technologies are essential in developing and scaling up manufacturing operations and analytical testing capabilities. These processes are crucial in the research activities to develop biosimilars, therapeutic peptides, and monoclonal antibodies. Upstream bioprocessing's contamination-free, safe, and efficient production further propels the market. With solid investments in R&D activities and a pipeline of therapeutics under development, upstream bioprocessing is expected to grow significantly.
- The increasing investment in research and development by phramceutical industry across the world is also expected to contribute to the growth of the market. For instance, according European Federation of Pharmaceutical Association the research and development expenditure incureeed in Europe by Pharmaceutical industry was EUR 42.53 billion (USD 44.72 billion) in 2022 and This is expected to increase to EUR 44.50 billion (USD 46.79 billion) in 2023. Such increase in R&D also creates need for the upsteam bioprocessing products and hence expected to propel the growth of the market.
- The launch of technologically advanced and innovative products also drives the market's growth. For example, Thermo Fisher Scientific launched its new Gibco Human Plasma-like Medium (HPLM) to provide researchers with a realistic view of cell growth within the human body. Nucleus Biologics launched Krakatoa, which is a creative, one of the first-to-market media makers that help researchers manufacture cell culture media at the point of use.
- Although the market has promising growth potential, operational challenges regarding upstream bioprocessing are expected to restrain the market's growth over the forecast period.
Upstream Bioprocessing Industry Segmentation
As per the scope, upstream bioprocessing involves using living cells to obtain desired products. This process starts from early cell separation and cultivation to cell culture expansion to harvest the final product.
The upstream bioprocessing market is segmented by product (cell culture products, bioreactors/fermenters, filters, bioreactors accessories, and other products), usage type (single-use and multi-use), mode (in-house and outsourced), and geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally.
The report offers the value (in USD) for the above segments.
By Product | |
Cell Culture Products | |
Bioreactors/Fermenters | |
Filters | |
Bioreactors Accessories | |
Other Products |
By Usage Type | |
Single-Use | |
Multi-Use |
By Mode | |
In-house | |
Outsourced |
Geography | ||||||||
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Upstream Bioprocessing Market Size Summary
The upstream bioprocessing market is poised for steady growth, driven by the increasing adoption of single-use technologies and the rising demand for biotherapeutics. The market experienced a surge during the COVID-19 pandemic as the need for efficient bioprocess development became critical. This trend is expected to continue as advanced bioprocessing technologies play a crucial role in scaling up manufacturing operations and enhancing analytical testing capabilities. The market's expansion is further supported by significant investments in research and development, particularly in the pharmaceutical industry, which is focused on developing biosimilars, therapeutic peptides, and monoclonal antibodies. The introduction of innovative products, such as Thermo Fisher Scientific's Gibco Human Plasma-like Medium and Nucleus Biologics' Krakatoa, also contributes to market growth, despite operational challenges that may arise.
North America is anticipated to lead the upstream bioprocessing market, bolstered by substantial research and development spending, a robust healthcare infrastructure, and the presence of large-scale manufacturing units. The region's growth is further supported by increasing healthcare expenditure and the popularity of disposable bioprocessing solutions. Key players in the market, including Thermo Fisher Scientific, Danaher Corporation, and Merck KGaA, maintain a competitive edge through innovative products and strong distribution networks. The market's competitive landscape is characterized by both international and local companies, with ongoing investments in manufacturing facilities and technology expansions, such as those by High Purity New England and Thermo Fisher Scientific, enhancing capacity and scalability in bioprocessing production solutions.
Upstream Bioprocessing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Adoption of Single-use Upstream Bioprocessing
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1.2.2 Commercial Success and Rising Demand for Biotherapeutics
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1.3 Market Restraints
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1.3.1 Operational Challenges Pertaining to Upstream Bioprocessing
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Product
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2.1.1 Cell Culture Products
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2.1.2 Bioreactors/Fermenters
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2.1.3 Filters
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2.1.4 Bioreactors Accessories
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2.1.5 Other Products
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2.2 By Usage Type
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2.2.1 Single-Use
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2.2.2 Multi-Use
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2.3 By Mode
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2.3.1 In-house
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2.3.2 Outsourced
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Upstream Bioprocessing Market Size FAQs
What is the current Upstream Bioprocessing Market size?
The Upstream Bioprocessing Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)
Who are the key players in Upstream Bioprocessing Market?
Thermo Fisher Scientific Inc., Corning, Inc, Merck KGaA, Sartorius AG and Danaher Corporation (Cytvia) are the major companies operating in the Upstream Bioprocessing Market.