(PharmaNewsWire.Com, January 06, 2018 ) A latest research report titled as “Downstream Processing Market: North America to Dominate the Market in Terms of Revenue Throughout the Forecast Period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)” has been recently added to the vast portfolio of Market Research Report Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.
Downstream processing means the purification and recovery of biosynthetic products, especially pharmaceuticals, from sources that are natural such as tissues of animals or plants or fermentation broth. Downstream processing also includes the recycling of components that can be salvaged and proper treatment and disposal of waste. Downstream processing is used to manufacture antibiotics, antibodies, hormones such as insulin, vaccines and in the production of industrial enzymes. The increasing incidences of the spread of infectious diseases like hepatitis, dengue, swine flu etc. is boosting the propagation of downstream processing market as there is a great demand for effective vaccines for such fatal diseases. Another important factor leading to the progress of the global downstream processing market is the phenomenal growth of the biopharmaceuticals industry that is leading to an ever growing demand for biopharmaceutical products.
According to the assessment of Market Research Reports Search Engine (MRRSE), the global downstream processing market is forecasted to reach a figure of about US$ 25,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
North America Market Set to Dominate the Global Downstream Processing Market in Terms of Revenue
The market in North America is set to dominate the global downstream processing market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America downstream processing market is the most attractive market, growing at a robust CAGR over the forecast period.
Chromatography Columns and Resins Segment Slated to Touch a Value of Nearly US$ 10,400 Mn in 2022
According to the projections of Market Research Reports Search Engine (MRRSE), the chromatography columns and resins segment is expected to reach a value of about US$ 10,400 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The chromatography columns and resins segment is estimated to account for more than one-third of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2022 over 2017.
Biopharmaceutical Manufacturers Segment to Exhibit a CAGR of Nearly 14.0% During the Assessment Period
According to the assessment of Market Research Reports Search Engine (MRRSE), the biopharmaceutical manufacturers segment is poised to touch a figure of about US$ 15,700 Mn in the year 2022. This signifies a CAGR of nearly 14.0% during the assessment period from 2017 till the year 2022. The biopharmaceutical manufacturers segment is estimated to account for nearly two-thirds of the revenue share of the end users segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.
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