The Downstream Processing Market is expected to register a CAGR of 16.3% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Downstream Processing Market report covers analysis By Product ( Chromatography Columns and Resins, Filters, Membrane Adsorbers, Single-Use Products, Others ); Technique ( Purification Techniques, Solid-Liquid Separation, Clarification and Concentration ); Application ( Monoclonal Antibody Production, Vaccines Production, Insulin Production, Immunoglobulin Production, Erythropoietin Production, Others ); End User ( Biopharmaceutical Manufacturers, Contract Manufacturing Organizations ) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
Purpose of the ReportThe report Downstream Processing Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Downstream Processing Market Segmentation
Product- Chromatography Columns and Resins
- Filters
- Membrane Adsorbers
- Single-Use Products
- Others ;
- Purification Techniques
- Solid-Liquid Separation
- Clarification and Concentration
- Monoclonal Antibody Production
- Vaccines Production
- Insulin Production
- Immunoglobulin Production
- Erythropoietin Production
- Others ;
- Biopharmaceutical Manufacturers
- Contract Manufacturing Organizations
Strategic Insights
Downstream Processing Market Growth Drivers- Viral Inactivation Analysis Driving Market Growth: the utilization in viral inactivation analysis is increasing and expected to drive the market growth. As the technological capabilities on the biopharmaceutical production front continue their progress, with trends such as continuous processing and higher monoclonal antibody (mAb) concentrations, it is not surprising that new virus filters have appeared on the market to address the needs of the biopharmaceutical industry.
- Expansion of CMOs Boosting Downstream Processing Market: The expansion of CMOs is one of the driving forces for the downstream processing market. The market report suggests that manufacturers of biopharmaceuticals are eager to outsource their manufacturing productions to contract manufacturing organizations to shorten the time-to-market and reduce operational costs. This creates an environment to drive up the growth of the global market as more and more CMOs are investing in the downstream processing capability to provide more resources to satisfy the market demands of clients. It is well known that the market growth of the CMO sector is directly reflecting the rise of market share and further driving the trend of the market.
- High Demand for Biopharmaceuticals Expanding Downstream Processing: Due to the huge requirements in demand for biopharmaceuticals such as monoclonal antibodies and vaccines, the downstream processing market is expected to expand in the forecast period. The majority of pharmaceutical companies are upgrading their production scale to fulfill the global essential medical demand. In the coming years, downstream processing market size and share are predicted to soar across the globe, due to the development of advanced purification and recovery techniques to nullify side effects from vaccines, antibodies, and other biopharmaceuticals. According to the market reports, companies are more inclined to adopt more efficient downstream processing technology to handle the massive production of biopharmaceuticals.
- Antibodies Segment Growing Fast in Downstream Processing Market: Antibodies segment will grow at the fastest CAGR in the downstream processing market during the forecast period due to high demand and high consumption of antibiotics for numerous disease conditions and the increased consumption of monoclonal antibodies. For example, in an article published on 25 August 2022, titled ‘Recent Advances and Future Directions in Downstream Processing of Therapeutic Antibodies’, dedicated continuous and semi-continuous downstream processes have emerged as the alternatives to batch processes due to the increasing use of perfusion techniques for antibody production. Also, the downstream process development is being increasingly modeled using statistical and mechanistic approaches that lead to a deeper understanding of the activities happening in each chromatography unit.
- PEST Analysis Reveals Benefits of Single-Use Technologies: A PEST analysis reveals that favorable regulatory environments provide an incentive to adopt single-use technologies, and market dynamics show that they align with low-cost, scalable solutions. The key players in the market are focusing on developing single-use systems tailored for optimal manufacturing. They are promoting the benefits of single-use technologies in clinical and commercial manufacturing environments. One constant side effect is an increase in efficiency. Integrating this technology into new, existing, and complementary systems requires building single-use components into the design phase.
- Continuous Processing Gaining Popularity in Biopharmaceutical Production: It is also estimated that at least 25% of biopharmaceutical products are now produced using continuous processing for 'better productivity and shorter processing times
- Major Growth Opportunity for Suppliers in Biomanufacturing: According to the SWOT analysis, the strengths of continuous processing in terms of improved operational efficiency are well documented. However, an associated weakness would be the requirement for higher capital expenditure in terms of initial setup costs.
- Gene and Cell Therapy Creating Commercial Opportunities for Downstream Processing: Opportunities indicated in the SWOT analysis are linked to emerging developments from key biopharmaceutical manufacturers who are integrating continuous processing into their market strategy, highlighting its ability to improve scalability and flexibility in the bioprocessing workflow. In conclusion, continuous downstream processing of bioproducts has multiple merits such as increased productivity, faster processing times, efficiency, and the optimization of capital usage over traditional batch processing. By understanding the market dynamics of which regional market for bioproducts is best suited for continuous downstream processing and the strategic advantages from the TACTIc meeting results (discussed above), biopharmaceutical manufacturers can accelerate their development of continuous bioprocessing. Furthermore, policymakers and practitioners can also utilize these results to improve their strategic performance in their respective regional or local markets.
- QbD Principles Enhancing Bioprocess Robustness and Product Quality: This is a major growth opportunity for suppliers serving biomanufacturing nearly $4 billion in new facility investments was announced in the last year by North American biopharma manufacturers, and the need for advanced processing technologies will only grow with these developments. The supplier will join up with a growth initiative by North American producers of biopharma, enhancing their place in the industry space and endowing them with opportunity for increased demand and importance. the commercial opportunities that gene therapy and cell therapy are creating, especially for technologies in a stage of downstream processing: more than 200 different gene therapy trials can be found ongoing in the US and Canada at the time of writing, while companies rush to develop generalized purification methods for viral vectors and cells. Suppliers have a greenfield to ramp up new processing technologies into high demand from manufacturers, who will only be happy to translate a more efficient process into visibly better therapies in clinical trials. To pick up contracts and retain them, suppliers need to show scalability and heft.
- QbD Adoption for Biopharma Growth and Efficiency: A growing number of companies in the industry are embracing QbD principles to improve the robustness of bioprocesses and final product quality. More than one-third of the biopharmaceutical industry is implementing QbD principles in their downstream process development. This trend mentioned providing a growth path for technology providers capable of supporting QbD implementation through robust data analytics and process-control systems. The competitive assessment concluded that biopharma companies demonstrating QbD-based compliance and efficiency will garner a competitive advantage within the emerging industry paradigm.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Downstream Processing Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Downstream Processing Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
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Key companies in this market are: Thermo Fisher Scientific Inc., GENERAL ELECTRIC COMPANY, Merck KGaA, Danaher, 3M, Repligen Corporation, Lonza, Eppendorf AG, Corning Incorporated
Key future trends in this market are - Increase in biopharmaceutical production, Growth in monoclonal antibody manufacturing, Advancements in filtration technologies
The major factors impacting the Downstream Processing Market are: Rising Demand for Biopharmaceuticals, Technological Advancements in Purification Processes, and Expansion of Contract Manufacturing Organizations (CMOs)
The Downstream Processing Market is expected to register a CAGR of 16.3% from 2023-2031.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Downstream Processing Market - By Product
1.3.2 Downstream Processing Market - By Technique
1.3.3 Downstream Processing Market - By Application
1.3.4 Downstream Processing Market - By End User
1.3.5 Downstream Processing Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DOWNSTREAM PROCESSING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DOWNSTREAM PROCESSING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DOWNSTREAM PROCESSING MARKET - GLOBAL MARKET ANALYSIS
6.1. DOWNSTREAM PROCESSING - GLOBAL MARKET OVERVIEW
6.2. DOWNSTREAM PROCESSING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. DOWNSTREAM PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CHROMATOGRAPHY COLUMNS AND RESINS
7.3.1. Overview
7.3.2. Chromatography Columns and Resins Market Forecast and Analysis
7.4. FILTERS
7.4.1. Overview
7.4.2. Filters Market Forecast and Analysis
7.5. MEMBRANE ADSORBERS
7.5.1. Overview
7.5.2. Membrane Adsorbers Market Forecast and Analysis
7.6. SINGLE-USE PRODUCTS
7.6.1. Overview
7.6.2. Single-Use Products Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. DOWNSTREAM PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNIQUE
8.1. OVERVIEW
8.2. TECHNIQUE MARKET FORECASTS AND ANALYSIS
8.3. PURIFICATION TECHNIQUES
8.3.1. Overview
8.3.2. Purification Techniques Market Forecast and Analysis
8.4. SOLID-LIQUID SEPARATION
8.4.1. Overview
8.4.2. Solid-Liquid Separation Market Forecast and Analysis
8.5. CLARIFICATION AND CONCENTRATION
8.5.1. Overview
8.5.2. Clarification and Concentration Market Forecast and Analysis
9. DOWNSTREAM PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. MONOCLONAL ANTIBODY PRODUCTION
9.3.1. Overview
9.3.2. Monoclonal Antibody Production Market Forecast and Analysis
9.4. VACCINES PRODUCTION
9.4.1. Overview
9.4.2. Vaccines Production Market Forecast and Analysis
9.5. INSULIN PRODUCTION
9.5.1. Overview
9.5.2. Insulin Production Market Forecast and Analysis
9.6. IMMUNOGLOBULIN PRODUCTION
9.6.1. Overview
9.6.2. Immunoglobulin Production Market Forecast and Analysis
9.7. ERYTHROPOIETIN PRODUCTION
9.7.1. Overview
9.7.2. Erythropoietin Production Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. DOWNSTREAM PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. BIOPHARMACEUTICAL MANUFACTURERS
10.3.1. Overview
10.3.2. Biopharmaceutical Manufacturers Market Forecast and Analysis
10.4. CONTRACT MANUFACTURING ORGANIZATIONS
10.4.1. Overview
10.4.2. Contract Manufacturing Organizations Market Forecast and Analysis
11. DOWNSTREAM PROCESSING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Downstream Processing Market Overview
11.1.2 North America Downstream Processing Market Forecasts and Analysis
11.1.3 North America Downstream Processing Market Forecasts and Analysis - By Product
11.1.4 North America Downstream Processing Market Forecasts and Analysis - By Technique
11.1.5 North America Downstream Processing Market Forecasts and Analysis - By Application
11.1.6 North America Downstream Processing Market Forecasts and Analysis - By End User
11.1.7 North America Downstream Processing Market Forecasts and Analysis - By Countries
11.1.7.1 United States Downstream Processing Market
11.1.7.1.1 United States Downstream Processing Market by Product
11.1.7.1.2 United States Downstream Processing Market by Technique
11.1.7.1.3 United States Downstream Processing Market by Application
11.1.7.1.4 United States Downstream Processing Market by End User
11.1.7.2 Canada Downstream Processing Market
11.1.7.2.1 Canada Downstream Processing Market by Product
11.1.7.2.2 Canada Downstream Processing Market by Technique
11.1.7.2.3 Canada Downstream Processing Market by Application
11.1.7.2.4 Canada Downstream Processing Market by End User
11.1.7.3 Mexico Downstream Processing Market
11.1.7.3.1 Mexico Downstream Processing Market by Product
11.1.7.3.2 Mexico Downstream Processing Market by Technique
11.1.7.3.3 Mexico Downstream Processing Market by Application
11.1.7.3.4 Mexico Downstream Processing Market by End User
11.2. EUROPE
11.2.1 Europe Downstream Processing Market Overview
11.2.2 Europe Downstream Processing Market Forecasts and Analysis
11.2.3 Europe Downstream Processing Market Forecasts and Analysis - By Product
11.2.4 Europe Downstream Processing Market Forecasts and Analysis - By Technique
11.2.5 Europe Downstream Processing Market Forecasts and Analysis - By Application
11.2.6 Europe Downstream Processing Market Forecasts and Analysis - By End User
11.2.7 Europe Downstream Processing Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Downstream Processing Market
11.2.7.1.1 Germany Downstream Processing Market by Product
11.2.7.1.2 Germany Downstream Processing Market by Technique
11.2.7.1.3 Germany Downstream Processing Market by Application
11.2.7.1.4 Germany Downstream Processing Market by End User
11.2.7.2 France Downstream Processing Market
11.2.7.2.1 France Downstream Processing Market by Product
11.2.7.2.2 France Downstream Processing Market by Technique
11.2.7.2.3 France Downstream Processing Market by Application
11.2.7.2.4 France Downstream Processing Market by End User
11.2.7.3 Italy Downstream Processing Market
11.2.7.3.1 Italy Downstream Processing Market by Product
11.2.7.3.2 Italy Downstream Processing Market by Technique
11.2.7.3.3 Italy Downstream Processing Market by Application
11.2.7.3.4 Italy Downstream Processing Market by End User
11.2.7.4 Spain Downstream Processing Market
11.2.7.4.1 Spain Downstream Processing Market by Product
11.2.7.4.2 Spain Downstream Processing Market by Technique
11.2.7.4.3 Spain Downstream Processing Market by Application
11.2.7.4.4 Spain Downstream Processing Market by End User
11.2.7.5 United Kingdom Downstream Processing Market
11.2.7.5.1 United Kingdom Downstream Processing Market by Product
11.2.7.5.2 United Kingdom Downstream Processing Market by Technique
11.2.7.5.3 United Kingdom Downstream Processing Market by Application
11.2.7.5.4 United Kingdom Downstream Processing Market by End User
11.2.7.6 Rest of Europe Downstream Processing Market
11.2.7.6.1 Rest of Europe Downstream Processing Market by Product
11.2.7.6.2 Rest of Europe Downstream Processing Market by Technique
11.2.7.6.3 Rest of Europe Downstream Processing Market by Application
11.2.7.6.4 Rest of Europe Downstream Processing Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Downstream Processing Market Overview
11.3.2 Asia-Pacific Downstream Processing Market Forecasts and Analysis
11.3.3 Asia-Pacific Downstream Processing Market Forecasts and Analysis - By Product
11.3.4 Asia-Pacific Downstream Processing Market Forecasts and Analysis - By Technique
11.3.5 Asia-Pacific Downstream Processing Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Downstream Processing Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Downstream Processing Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Downstream Processing Market
11.3.7.1.1 Australia Downstream Processing Market by Product
11.3.7.1.2 Australia Downstream Processing Market by Technique
11.3.7.1.3 Australia Downstream Processing Market by Application
11.3.7.1.4 Australia Downstream Processing Market by End User
11.3.7.2 China Downstream Processing Market
11.3.7.2.1 China Downstream Processing Market by Product
11.3.7.2.2 China Downstream Processing Market by Technique
11.3.7.2.3 China Downstream Processing Market by Application
11.3.7.2.4 China Downstream Processing Market by End User
11.3.7.3 India Downstream Processing Market
11.3.7.3.1 India Downstream Processing Market by Product
11.3.7.3.2 India Downstream Processing Market by Technique
11.3.7.3.3 India Downstream Processing Market by Application
11.3.7.3.4 India Downstream Processing Market by End User
11.3.7.4 Japan Downstream Processing Market
11.3.7.4.1 Japan Downstream Processing Market by Product
11.3.7.4.2 Japan Downstream Processing Market by Technique
11.3.7.4.3 Japan Downstream Processing Market by Application
11.3.7.4.4 Japan Downstream Processing Market by End User
11.3.7.5 South Korea Downstream Processing Market
11.3.7.5.1 South Korea Downstream Processing Market by Product
11.3.7.5.2 South Korea Downstream Processing Market by Technique
11.3.7.5.3 South Korea Downstream Processing Market by Application
11.3.7.5.4 South Korea Downstream Processing Market by End User
11.3.7.6 Rest of Asia-Pacific Downstream Processing Market
11.3.7.6.1 Rest of Asia-Pacific Downstream Processing Market by Product
11.3.7.6.2 Rest of Asia-Pacific Downstream Processing Market by Technique
11.3.7.6.3 Rest of Asia-Pacific Downstream Processing Market by Application
11.3.7.6.4 Rest of Asia-Pacific Downstream Processing Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Downstream Processing Market Overview
11.4.2 Middle East and Africa Downstream Processing Market Forecasts and Analysis
11.4.3 Middle East and Africa Downstream Processing Market Forecasts and Analysis - By Product
11.4.4 Middle East and Africa Downstream Processing Market Forecasts and Analysis - By Technique
11.4.5 Middle East and Africa Downstream Processing Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Downstream Processing Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Downstream Processing Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Downstream Processing Market
11.4.7.1.1 South Africa Downstream Processing Market by Product
11.4.7.1.2 South Africa Downstream Processing Market by Technique
11.4.7.1.3 South Africa Downstream Processing Market by Application
11.4.7.1.4 South Africa Downstream Processing Market by End User
11.4.7.2 Saudi Arabia Downstream Processing Market
11.4.7.2.1 Saudi Arabia Downstream Processing Market by Product
11.4.7.2.2 Saudi Arabia Downstream Processing Market by Technique
11.4.7.2.3 Saudi Arabia Downstream Processing Market by Application
11.4.7.2.4 Saudi Arabia Downstream Processing Market by End User
11.4.7.3 U.A.E Downstream Processing Market
11.4.7.3.1 U.A.E Downstream Processing Market by Product
11.4.7.3.2 U.A.E Downstream Processing Market by Technique
11.4.7.3.3 U.A.E Downstream Processing Market by Application
11.4.7.3.4 U.A.E Downstream Processing Market by End User
11.4.7.4 Rest of Middle East and Africa Downstream Processing Market
11.4.7.4.1 Rest of Middle East and Africa Downstream Processing Market by Product
11.4.7.4.2 Rest of Middle East and Africa Downstream Processing Market by Technique
11.4.7.4.3 Rest of Middle East and Africa Downstream Processing Market by Application
11.4.7.4.4 Rest of Middle East and Africa Downstream Processing Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Downstream Processing Market Overview
11.5.2 South and Central America Downstream Processing Market Forecasts and Analysis
11.5.3 South and Central America Downstream Processing Market Forecasts and Analysis - By Product
11.5.4 South and Central America Downstream Processing Market Forecasts and Analysis - By Technique
11.5.5 South and Central America Downstream Processing Market Forecasts and Analysis - By Application
11.5.6 South and Central America Downstream Processing Market Forecasts and Analysis - By End User
11.5.7 South and Central America Downstream Processing Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Downstream Processing Market
11.5.7.1.1 Brazil Downstream Processing Market by Product
11.5.7.1.2 Brazil Downstream Processing Market by Technique
11.5.7.1.3 Brazil Downstream Processing Market by Application
11.5.7.1.4 Brazil Downstream Processing Market by End User
11.5.7.2 Argentina Downstream Processing Market
11.5.7.2.1 Argentina Downstream Processing Market by Product
11.5.7.2.2 Argentina Downstream Processing Market by Technique
11.5.7.2.3 Argentina Downstream Processing Market by Application
11.5.7.2.4 Argentina Downstream Processing Market by End User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL DOWNSTREAM PROCESSING MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. DOWNSTREAM PROCESSING MARKET, KEY COMPANY PROFILES
14.1. THERMO FISHER SCIENTIFIC INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. GENERAL ELECTRIC
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. MERCK KGAA
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. DANAHER.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. 3M
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. REPLIGEN CORPORATION.
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. LONZA
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. EPPENDORF AG
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. CORNING INCORPORATED
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. SARTORIUS AG
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies
1. Thermo Fisher Scientific Inc.
2. GENERAL ELECTRIC COMPANY
3. Merck KGaA
4. Danaher
5. 3M
6. Repligen Corporation.
7. Lonza
8. Eppendorf AG
9. Corning Incorporated
10. Sartorius AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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