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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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