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Dublin, February 1, 2023 /PRNewswire/ — “Process Analytics Technologies Market Size and Share Analysis by Technology, Measurement, End User and Product – Global Industry Revenue and Demand Forecasts to 2030” report added. of ResearchAndMarkets.com Recruitment.
Process analytical technology market expected to take a hit US$13,626.5 million by 2030
Additionally, the main advantage of PAT is that quality is integrated into the final output rather than checked before release. Helps reduce batch rejections, shorten manufacturing cycle times, and increase automation.
Growing importance of PAT in the pharmaceutical industry
The pharmaceutical manufacturers category holds the largest share of the market at 67%. This is due to the growing importance of PAT in process development and scale-up of asymmetric synthesis of chiral compounds, including active pharmaceutical ingredients, in the pharmaceutical industry.
Moreover, the biopharmaceutical manufacturers category is projected to register the fastest growth rate. This is a result of the growing biotechnology sector and the increased requirements for biochemical analysis brought about by the acceptance and introduction of several biopharmaceuticals.
Spectroscopy can be used to examine samples at various stages
In 2022, spectroscopy will hold the largest market share (52.2%), and the category is projected to maintain the fastest share going forward. This is explained by an increase in pharmaceutical and biopharmaceutical R&D efforts and the accompanying technology process optimization.
In addition, spectroscopy can be used to determine the atomic structure of samples and the molecular structure of muscles, monitor dissolved oxygen concentrations in freshwater and marine environments, study emission lines in distant galaxies, and modify the structure of drugs to facilitate space exploration. help. Hospital protein identification, efficiency, and respiratory gas analysis.
The most common spectroscopy method is also molecular spectroscopy. Due to its wide range of applications and growing demand in the pharmaceutical and biopharmaceutical sectors, the category is projected to enjoy significant expansion in the coming years.
Increased Government Investments in Biotech and Pharmaceutical Sectors in Asia Pacific
Geographically, APAC is expected to grow at a CAGR of 19.6% in the coming years. This is due to the presence of multiple USFDA-approved pharmaceutical companies, a burgeoning biotechnology sector, expanding use of analytical techniques, heavy R&D spending, and the increasing frequency of various diseases. Increased consumption of biological and pharmaceutical products and increased medical costs.
Additionally, the Europe region is set to advance at a rate of 18.2% over the next few years. Despite its maturity, the need for his PAT products in the region has been fueled by the presence of large analytical technology companies, a growing focus on quality, an expanding biotech sector, and an increase in R&D spending by pharmaceutical companies. largely dependent on the increase.
market dynamics
tendency
- Outsourcing of manufacturing processes to contract manufacturing organizations
driver
- Rising R&D spending by pharmaceutical manufacturers and investment by governments in emerging economies
- Growing Adherence to QbD Principles
- Increased interest in improving quality and efficiency of manufacturing processes
- Technological advances in the analytical instrument industry
- Driver impact analysis on market forecast
Restraint
- High cost of PAT implementation
- Lack of skilled professionals
- Impact Analysis of Constraints on Market Forecasts
chance
- Increasing use of analytical instruments in bioprocessing
- Growing Demand for PAT in Emerging Markets
Company Profile
- perkinelmer company
- Shimadzu Corporation
- Carl Zeiss AG
- Mettler Toledo International
- emerson electric company
- Danaher Corporation
- Thermo Fisher Scientific
- Agilent Technologies, Inc.
- Bruker
- ABB Co., Ltd.
- Malvern Panalytical Ltd.
- Sartorius Stedim Biotech SA
- HORIBA, Ltd.
- AMPTEC Co., Ltd.
- Waters Corporation
Main topics:
Chapter 1 Research Background
Chapter 2 Survey Method
2.1 Secondary survey
2.2 Primary research
2.3 Estimated market size
2.4 Data triangulation
2.5 Currency conversion rate
2.6 Assumptions of the survey
Chapter 3 Abstract
Chapter 4 Voices of KOLs
Chapter 5 Introduction
5.1 Definition of Market Segments
5.1.1 By technique
5.1.1.1 Spectroscopy
5.1.1.1.1 Molecules
5.1.1.1.2 Mass
5.1.1.1.3 Atomic
5.1.1.2 Chromatography
5.1.1.2.1 LCs
5.1.1.2.2 GCs
5.1.1.2.3 Miscellaneous
5.1.1.3 Capillary electrophoresis
5.1.1.4 Particle size analysis
5.1.1.5 Miscellaneous
5.1.2 By measurement
5.1.2.1 Online
5.1.2.2 Inline
5.1.2.3 Atline
5.1.2.4 Offline
5.1.3 By Offering
5.1.3.1 Products
5.1.3.1.1 Analyzer
5.1.3.1.2 Sensors and Probes
5.1.3.1.3 Sampler
5.1.3.2 Service
5.1.4 By End User
5.1.4.1 Pharmaceutical manufacturers
5.1.4.2 Biopharmaceutical Manufacturers
5.1.4.3 Contract research and manufacturing organization
5.1.4.4 Miscellaneous
Chapter 6 Global Market Size and Forecast
6.1 Overview
6.2 Market Revenue by Technology (2017-2030)
6.2.1 Global Spectroscopy-Based PAT Market Revenue, by Type (2017-2030)
6.2.2 Global Chromatography-Based PAT Market Revenue, by Type (2017-2030)
6.3 Market Revenue by Measurement (2017-2030)
6.4 Market Revenue, By End User (2017-2030)
6.5 Market Revenue, by Offering (2017-2030)
6.5.1 Global PAT Products Market Revenue, by Type (2017-2030)
6.6 Market Revenue, by Region (2017-2030)
For more information on this report, please visit https://www.researchandmarkets.com/r/hk6joc.
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