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High-throughput process development (HTPD) shortens development time and increases the amount of information available for quality by design (QbD) approaches. HTPD involves chromatography techniques, which help in better and accurate result prediction and analysis. High throughput process development addresses the concerns regarding the reduction of development time and enhancing the effectiveness of the final product by utilizing core knowledge. Furthermore, usefulness of high throughout tools in performing parallel screening of chromatography issues and media while saving enough time for process developers is boosting this market considerably
COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the high throughput process development market.
Top Impacting Factors
Market Trends
New Product Launches to Flourish the Market
In March 2018, Sartorius Stedim Biotech launched the Ambr 250 high throughput perfusion, a new automated parallel bioreactor system. It has been specially designed for rapid cell culture perfusion process development to optimize production of therapeutic antibodies.
In April 2021, Thermo Fisher Scientific received authorization from the U.S. Food and Drug Administration for high-throughput and automated COVID-19 Test Kit.
Surge in Usage in R&D for Drug Discovery
Increase in R&D spending, technological advancements in process development, development of the biopharmaceutical industry, increase in demand for technical instruments to improve the quality of biological materials production, and increase in pressure to lower the cost of manufacturing are some factors which upsurge the market growth.
Key Benefits of the Report
Questions Answered in the High-throughput Process Development Market Report
High Throughput Process Development Market Report Highlights
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Key Market Players | Perkinelmer, Danaher Corporation, Merck Millipore, Sartorius Stedim Biotech, Tecan Group, GE Healthcare, Agilent Technologies, Eppendorf, Bio-Rad Laboratories, Thermo Fisher Scientific Inc. |
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