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Allied Market Research

Process Analytical Technology Market by Technique (Spectroscopy, Molecular Spectroscopy, Mass Spectrometry, Atomic Spectroscopy, Chromatography, Liquid Chromatography, Gas Chromatography), Measurement (On-line, In-line, At-line, Off-line), Product (Products, Analyzers, Sensors and Probes, Samplers): Global Opportunity Analysis and Industry Forecast, 2021–2027

A09093
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Aug 2021 | 415 Views
   
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COVID-19

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Process Analytical Technology Market Outlook - 2027

Process Analytical Technology Market is expected to grow in upcoming years due to factors such as rise in discovery of drugs and research and development activities. Increase in government regulation and drug safety is also one of the factors responsible for the growth of process analytical technology market.

Process-Analytical-Technology

Process Analytical Technology is technique or mechanism which is used in analyzing, controlling and designing pharmaceutical manufacturing process. It is done by measurement of critical process parameters (CPP) which affects the critical quality attributes (CQA). The important objective of this technique is to reduce the production cycling time, decrease rejection of batches and increase the automation in the process.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

Technique, Measurement, Product & Services, End Users and Region.

  Geographies covered

North America (US and Canada), Europe (Germany, UK, France, Spain, Italy and the Rest of Europe), Asia Pacific (China, India, Japan, Australia and the Rest of Asia Pacific), LAMEA (Brazil, South Africa, Saudi Arabia, Rest of LAMEA).

  Companies covered

Danaher Corporation, Bruker Corporation, Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Shimadzu, Waters Corporation,

Roche Diagnostics.

 

COVID-19 scenario analysis:

To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Considering these factors, COVID -19 is expected to have significant impact on Process Analytical Technology Market.

Top Impacting factors:

  • Factors such as demand for reduction in the variation of manufacturing processes by the manufacturers in different industries such as pharmaceutical and manufacturing are expected to rise the market growth of process analytical technology market.
  • The process analytical technology market has application in quality building of products also, developing and improvising the process safety.
  • Process analytical technology enables the manufacturers to control the manufacturing process and enhances understanding of the process. This is one of the factors driving the market growth.
  • Restrain factors such as lack of expertise and skilled professionals to operate the process analytical technology tools and high implementation cost can hamper the growth of process analytical technology market up to some extent.

New Product Launch / News:

  • In May 2020, National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) announced funding for 14 new projects in technology, workforce development, and in their Global Health Fund initiative, with a total value of approximately $10M. NIIMBL is bolstering their technology portfolio to include critical areas such as process analytical technologies for contaminant detection.
  • In July 2017, Pfizer Inc. partnered with Catalent Pharma Solutions for the production of Advil Liqui-Gels Minis (ibuprofen), Pfizer Inc.’s over-the-counter (OTC) pain relief product, following a 20-year collaboration on the development and production of Advil Liqui-Gels. This trend of outsourcing the manufacturing to contact manufacturing organization is expected to continue in the process analytical technology market during the forecast period.

Key Segments Covered:

Segments

Sub-segments

  By Technique

  • Spectroscopy
  • Molecular Spectroscopy
  • Mass Spectrometry
  • Atomic Spectroscopy
  • Chromatography
  • Liquid Chromatography
  • Gas Chromatography
  • Others
  • Particle Size Analysis
  • Capillary Electrophoresis
  • Other Techniques

  By Measurement

  • On-line
  • In-line
  • At-line
  • Off-line

  By Product & Services

  • Products
  • Analyzers
  • Sensors and Probes
  • Samplers
  • Services

  End Users

  • Pharmaceutical Manufacturers
  • Biopharmaceutical Manufacturers
  • Contract Research and Manufacturing Organizations
  • Other End Users

 

  Geography/Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

 

Key benefits of the report:

  • This study presents the analytical depiction of the Global Process Analytical Technology Market along with the current trends and future estimations to determine the investments.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Process Analytical Technology Market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the Process Analytical Technology Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Process Analytical Technology Market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Process Analytical Technology Market Report:

  • What are the leading market players active in Process Analytical Technology Market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
  • What Segments and region will drive the market growth & why?

 

 

 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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