Biotechnology separation is considered a separation of two different products or material from a particular solution by washing with solvent. Biotechnology separation systems are generally used in multiple applications in biotechnology domain. It entails the separation of the components of a food product or biotechnology product. The separation process is accomplished for the maintaining high yield, decontamination of a protein and acquiring a nearly pure product by minimizing cost.
According to the study, “Global Biotechnology Separation Systems Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the major companies that are currently working in the global biotechnology separation systems market are Danaher, BD, Thermo Fisher Scientific Inc., Repligen Corporation, GE Healthcare, Merck, Alfa Wassermann Separation Technologies, LLC, ProMetic Life Sciences, Inc., Agilent Technologies Inc., Shimadzu, Sartorius Stedim Biotech SA, Sysmex Partec GmbH, Waters, Illumina, 3M Purification, Illumina, Inc., Pall Corp., Shimadzu Scientific Instruments, Hitachi High-Technologies Corp., Novasep, Fluidigm Corp., Bio-Rad Laboratories Inc., Merck KGaA, Affymetrix, SEPMAG, AB Sciex LLC, Repligen, Alfa Laval AB, PerkinElmer, Inc., Groupe Novasep, Flottweg SE, Hitachi Koki, Flottweg SE, PerkinElmer. The companies in the market are focusing on the enlargement of new products in order to continue ahead of the rivals and attract a huge number of consumers. In addition to this, the rising focus of these players on the research and development (R&D) activities are anticipated to support the growth of the market and generate probable development prospects for the market players in upcoming years.
Based on product type, the global biotechnology separation systems market is segmented into microarray (protein & DNA), biochip, lab-on-a-chip, chromatography, magnetic separation, membrane filtration, liquid chromatography, flow cytometry, centrifugation systems, electrophoresis units and others. Chromatography segment is projected to hold a significant share of the market on account of technological innovations in the instruments &consumables. Electrophoresis units include conventional/gel electrophoresis, Polyacrylamide Gel Electrophoresis (PAGE), slab gel electrophoresis, capillary electrophoresis, and two-dimensional gel electrophoresis. Based on end-use industries, the market is split into scientific research and commercial.
The global biotechnology separation systems market is majorly driven by commercial separation systems in the biotechnology industry followed by other driven aspects such as increasing participation of government agencies, increasing demand for novel drug molecules & cell-based therapies, recent progress observed in therapeutic recombinant proteins, growing industrialization triggers, stringent environmental regulation for water use in food & pharmaceutical application, the rising number of biotech firms, high investment in R&D of the technology and growing demand for microarray technology. However, the high cost of technologies & systems and lack of improvisation in electrophoresis equipment technology is hampering the growth of the market. In addition, growth of liquid chromatography and an increase in applications in industries for instance bioengineering, chemicals, and petrochemicals are a few major trends of the market.
North America is largest and Europe is the second largest supplier of biotechnology separation systems because of an increase in developments in effervescent drug pipeline& bio-similars in the biopharma field. Moreover, Asia Pacific is also expected to contribute considerably in the market owing to the increase in research activities in biotech or life sciences. In 2019, the global biotechnology separation systems market value is reached at the US $16100 million and it is projected that it will be reached at the US $25200 million, by 2024. The future of this market will be brightly caused by raising awareness among consumers regarding the chromatography.
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Ankur Gupta, Head Marketing & Communications