Market revenue in 2023 | USD 758.5 million |
Market revenue in 2030 | USD 1,807.1 million |
Growth rate | 13.2% (CAGR from 2023 to 2030) |
Largest segment | Bioreactors/fermenters |
Fastest growing segment | Cell Culture Products |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Bioreactors/Fermenters, Cell Culture Products, Filters, Bioreactors Accessories, Bags & Containers |
Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Corning Inc, Sartorius AG, Eppendorf, Danaher Corp, Boehringer Ingelheim, Getinge AB Class B, Lonza Group Ltd, Avantor Inc, Repligen Corp, Entegris Inc, PBS Biotech, Meissner, Kuhner Shaker |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to upstream bioprocessing market will help companies and investors design strategic landscapes.
Bioreactors/fermenters was the largest segment with a revenue share of 33.08% in 2023. Horizon Databook has segmented the Middle East & Africa upstream bioprocessing market based on bioreactors/fermenters, cell culture products, filters, bioreactors accessories, bags & containers covering the revenue growth of each sub-segment from 2018 to 2030.
MEA’s upstream bioprocessing market holds the lowest market revenue share, as this industry is at a nascent stage in the current global scenario. However, growing awareness about biopharmaceuticals, especially biosimilar products, in this region is expected to drive the demand for upstream processes.
However, the approval rate of a biosimilar is lower in this region with only around five biosimilar products approved in Saudi Arabia which indicates lucrative opportunities for market growth over the forecast period. Efforts are being undertaken to streamline the process in Saudi Arabia, where each department separately approves each new therapy for successful product-centric evaluation.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa upstream bioprocessing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa upstream bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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