Separation Systems for Commercial Biotechnology Market
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<strong>Separation</strong> <strong>Systems</strong> <strong>for</strong> <strong>Commercial</strong><br />
<strong>Biotechnology</strong> <strong>Market</strong> Expected to Reach US$<br />
19,227.8 Mn in 2023<br />
According to a new market report published by Transparency <strong>Market</strong><br />
Research “<strong>Separation</strong> <strong>Systems</strong> <strong>for</strong> <strong>Commercial</strong> <strong>Biotechnology</strong> <strong>Market</strong> -<br />
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast<br />
2015 - 2023”, the separation systems <strong>for</strong> commercial biotechnology<br />
market was valued at US$ 10,665.5 Mn in 2014 and is projected to<br />
expand at a CAGR of 6.8% from 2015 to 2023 to reach US$ 19,227.8<br />
Mn in 2023.<br />
<strong>Separation</strong> systems play a vital role in industrial biotechnology<br />
processes. These systems produce the desired products from small to<br />
large quantities and has wide area of applications. Liquid<br />
chromatography, membrane filters, flow cytometer instruments,<br />
centrifugation systems, and electrophoresis instruments are the major<br />
segments of the market. Each of the systems uses different method to<br />
carry out separations in the biotechnology, bio-pharmaceutical,<br />
agriculture, energy industries, etc.<br />
The global <strong>Separation</strong> systems market <strong>for</strong> <strong>Commercial</strong> <strong>Biotechnology</strong> is<br />
anticipated to grow at a significant rate during the <strong>for</strong>ecast period due to<br />
technological advancements, increasing awareness through conferences<br />
and exhibition, rising support and participation of government agencies,<br />
investment in R&D, and increase in number of biotechnology firms.
Chromatography systems have gained widespread popularity due to the<br />
introduction of novel technologies in chromatographic instruments and<br />
consumables. Flow cytometry has emerged as a leading, application-rich<br />
technology. Increasing demand and advancement of microarray<br />
technology boosts market growth. Laboratory automation has enabled<br />
scientists to process samples at low cost, and thus has played a major<br />
role in the experiments.<br />
Increasing number of conferences in the U.S., Europe, and Asia-Pacific<br />
is aiming to spread the new and upcoming innovations in the separation<br />
systems market. Growing awareness about chromatography has induced<br />
government organizations in the U.S., Europe, and Asia-Pacific to<br />
increase their investments, grants, and funds <strong>for</strong> the development of<br />
chromatography. Some of the market restrains includes high cost of<br />
systems and technologies, lack of innovation in electrophoresis<br />
equipment technology, and patent rights over MACS technique.<br />
Browse Full Research Report on <strong>Separation</strong> <strong>Systems</strong> <strong>for</strong><br />
<strong>Commercial</strong> <strong>Biotechnology</strong> <strong>Market</strong>:<br />
http://www.transparencymarketresearch.com/separation-systemscommercial-biotechnology-market.html<br />
The global separation systems <strong>for</strong> commercial biotechnology market has<br />
been estimated based on product type, end-user, and geography. Based<br />
on product type, the global market has been segmented into liquid<br />
chromatography, membrane filters, electrophoresis instruments, flowcytometer<br />
instruments, centrifugation systems, DNA microarray<br />
instruments, protein microarray instruments, MACS & FACS systems,<br />
and others.<br />
The liquid chromatography systems segment held the largest share of the<br />
market in 2014. The segment is likely to continue to dominate the<br />
market during the <strong>for</strong>ecast period. Based on end-user, the separation
systems market has been segmented into life sciences research and<br />
diagnostics, pharmaceuticals, food & cosmetics, energy, and agriculture.<br />
The life sciences research and diagnostics end-user segment held the<br />
largest share of the market in 2014. The segment is anticipated to<br />
continue to dominate the market during the <strong>for</strong>ecast period. It is also<br />
expected to record the fastest growth from 2015 to 2023. Rising number<br />
of genomic and proteomic researches in the life sciences research<br />
segment has increased demand <strong>for</strong> separation systems.<br />
Geographically, the separation systems market has been categorized into<br />
four regions: North America, Europe, Asia Pacific, and Rest of the<br />
World (RoW). North America held the largest share of the ultrasound<br />
devices market in 2014, followed by Europe. Asia Pacific was identified<br />
as the third largest market <strong>for</strong> ultrasound devices in 2014.<br />
The market in the region is expected to expand at a low CAGR during<br />
the <strong>for</strong>ecast period. The reason <strong>for</strong> low market revenue and growth in<br />
North America is due to the high usage of other imaging technologies.<br />
Danaher Corporation, Thermo Fisher Scientific, Inc., Waters<br />
Corporation, Becton, Dickinson and Company, GE Healthcare, and<br />
Merck KGaA are the major players operating in the global separation<br />
systems <strong>for</strong> commercial biotechnology market. Danaher Corporation is<br />
the leading player in the market.<br />
Browse Full Press Release on <strong>Separation</strong> <strong>Systems</strong> <strong>for</strong> <strong>Commercial</strong><br />
<strong>Biotechnology</strong> <strong>Market</strong>:<br />
Press Release
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