Separation Systems for Commercial Biotechnology Market Share, Business Growth and Opportunities By 2025 “The separation systems for commercial biotechnology industry is expected to grow at the highest CAGR over the forecast period as the scope, product types, and its applications are increasing across the world.”
Global Separation Systems for Commercial Biotechnology Market size is expected to reach USD 39.47 billion by 2025. The separation systems in biotechnology are also termed as “bioseparation systems”. Bioseparation systems are used for the purification and separation of biological products such as biopharmaceuticals, biochemicals and diagnostic reagents depending upon electrostatic charge, density, diffusivity, shape, polarity, solubility, and volatility characteristics. The equipment’s used for the separation of biological material from complex mixture or solution include chromatography, membrane/ filters, and centrifuges. The separation systems for commercial biotechnology industry is expected to grow at the highest CAGR over the forecast period as the scope, product types, and its applications are increasing across the world. The factors that play an important role in the growth of separation systems for commercial biotechnology market include increasing demand for novel drug molecules & cell-based therapies, booming biopharmaceutical & biotech firms, technological advancements in biotechnology sector, and stringent government rules & regulations. However, high cost of bioseparation equipment’s and strict regulations regarding bioseparation systems are negatively affecting the growth of the market. The separation systems for commercial biotechnology industry is categorized based on method, application and geography.
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