Global Measurement Technology in Downstream Processing Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Downstream processing (DSP) is engaged in the separation and refinement of mixtures of components. In its simplest definition, DSP encompasses a toolbox of separation techniques designed to achieve mass transfer phenomena, converting mixtures of substances into subsets of mixtures or fractions. Increasing demand for high precision, for continuous feedback sensors in bioprocessing, mergers & acquisitions between companies has led to the adoption of Measurement Technology in Downstream Processing across the forecast period. For Instance: In April 2021, Thermo Fisher Scientific Acquired PPD, Inc., a leading Clinical Research Organization to further expand service offerings to pharma and biotech customers. Also, with the rising demand from pharmaceutical & biotechnology, the adoption & demand for Measurement Technology in Downstream Processing is likely to increase the market growth during the forecast period. However, high failure rates in conventional sensors impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Measurement Technology in Downstream Processing market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share owing to the investment in biologics market, increase in research and development programs, Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2021-2027. Factors such as shift of investment in R&D and technology, especially in the life sciences, from North America and Europe to Asia Pacific would create lucrative growth prospects for the Measurement Technology in Downstream Processing market across Asia-Pacific region.
Major market players included in this report are:
Mettler-Toledo International Inc.
Applikon Biotechnology Inc.
Thermo Fisher Scientific Inc.
PreSens Precision Sensing GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Transmitters & Controllers
Cables & Connectors
Buffers & Reagents
Pharmaceutical & Biotechnology Companies
Food & Beverage Companies
Contract Manufacturing Organizations
Academic & Research Institutes
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Measurement Technology in Downstream Processing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers