Process Analytical Technology Market Information, by
product (analyzer, samplers, probes), by application (Spectroscopy (Molecular,
mass and atomic spectroscopy), Chromatography (Liquid, gas), Particle Size
Analysis, Electrophoresis and others - Global Forecast to 2022
The new report from Market Research Future (MRFR)
presents a detailed analysis of the Global
Process Analytical Technology Market by providing readers
with a comprehensive overview of the market’s historical trajectory. The
leading drivers and restraints affecting the global process analytical
technology market are assessed in detail in the report. The historical impact
of these drivers and restraints is analyzed in context of the current impact of
these factors and projections are made for the likely impact of these drivers
and restraints over the forecast period. Various components of the global
process analytical technology market are also studied in the report and
projections are made for the growth trajectory of each distinct component. The
various segments and sub-segments within the global process analytical
technology market are studied in detail in the report. The study also makes a
detailed analysis of the major players operating in the global process
analytical technology market and provides a detailed look at the various
competitive strategies employed by players in the global process analytical
technology market. Likely future conditions with respect to the competitive
landscape of the market are also explained in detail in the report.
Process analytical technology is used to monitor
pharmaceutical manufacturing processes and maintain high performance standards
in the same. Critical process parameters (CPP that affect the critical quality
attributes (CQA) are monitored with process analytical technology. This helps
bring about automation in pharmaceutical manufacturing processes, reduce
manufacturing errors, and enhance manufacturing quality. The increasing demand
for automation in pharmaceutical manufacturing is a major driver for the global
process analytical technology market. Automation helps bring about the best in
pharmaceutical manufacturing, as errors are reduced and quality standards are
raised. Automation also allows pharmaceutical executives to keep a closer eye
on the manufacturing processes and monitor more closely for potential mistakes
and errors. This is likely to be the major driver for the global process
analytical technology market over the forecast period.
Competitive
Analysis:
Leading players in the global process analytical
technology market include Danaher Corporation, Agilent Technologies Inc.,
Thermo Fisher Scientific Inc., PerkinElmer Inc., and Bruker Corporation. Major
players in the global process analytical technology market are likely to
dominate the sector in the coming years due to the lack of competition from
smaller upstarts. Established players are likely to enjoy a solid share in the
global process analytical technology market over the coming years.
In November 2019, researchers at the Institute for Bioscience
and Biotechnology Research (IBBR) in Maryland received two awards worth USD 1.1
million from the FDA and the National Institute for Innovation in Manufacturing
Biopharmaceuticals (NIIMBL). The awards were for the development of analytical
methods for characterizing complex drugs and vaccines.
Segmentation:
The global process analytical technology market is
segmented on the basis of product, application, and region.
On the basis of product, the global process analytical
technology market is segmented into analyzers, sensors, probes, and others.
By application, the global process analytical
technology market is segmented into spectroscopy, chromatography, particle size
analysis, electrophoresis, and others. The spectroscopy segment is further sub-segmented
into molecular spectroscopy, mass spectroscopy, and atomic spectroscopy. The
chromatography segment is further sub-segmented into liquid and gas
chromatography.
For More Information Visit @ https://www.marketresearchfuture.com/reports/process-analytical-technology-market-2338
Regional Analysis:
North America is likely to remain the leading
regional entity in the global process analytical technology market over the
forecast period. North American companies have established a solid share in the
global process analytical technology market, coming up with new products that
fulfil high performance standards. The North American biopharmaceuticals sector
is also accepting towards automation technologies, leading to widespread
adoption of process analytical technology. The growing demand for automation in
pharmaceutical and biopharmaceutical manufacturing in North America is likely
to be a major driver for the global process analytical technology market over
the forecast period. The growing government support to systems and technologies
that elevate the performance standards in biopharmaceutical manufacturing in
the U.S. is also likely to be a key driver for the global process analytical
technology market.
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