Downstream Processing in Biopharmaceuticals - Increased Demand for Biologics Drives Improvement in Cost - effective Purification Technologies
14 Oct 2010 • by Natalie Aster

Strong Growth is Expected in the CMO Biopharmaceuticals’ Market
The use of CMOs is one of the most significant trends in the healthcare industry, especially in the biopharmaceuticals market. CMOs will be used for most of the processes in the industry. Although the CMO market is not growing much at the moment due to capacity expansions by major companies such as Lonza Group Ltd., and Boehringer Ingelheim and many more. Their focus has been shifted towards setting up new plants, and buying new equipments. These expansion processes indicate the future prospects of the industry. Many experts in the industry have already predicted that the future of the CMO market is bright. Several players from emerging countries are entering the market. Companies are opening up operations in emerging countries such as India, China, and Singapore.
CMO Market Growth Rate for Downstream Processing Will Be Greater Than Overall CMO Market for Biopharmaceuticals
Manufacturing of biopharmaceuticals mainly involve upstream and downstream processing. Major CMOs offer both, manufacturing functions upstream and downstream equally. Except the manufacturing in biopharmaceutical production, they also offer clinical trials, logistics, packaging, and even marketing of biopharmaceutical drugs.
GBI research suggests that the CMO market size for downstream processing is set to grow at a CAGR of 14.9%, which is more than the growth of the overall CMO biopharmaceutical market.
Reagent Market for Downstream Processing
GBI research states that total reagent market (used in downstream processing) has been calculated at $4,301m in 2009. This is expected to grow at the CAGR of 7.1% for the period of 2009-2016 and is expected to reach $6,640m by 2016.
Analytics & News
