Measurement Technology in Downstream Processing Market

Measurement Technology in Downstream Processing Market: Sensors to Remain the Most Lucrative Product Type Throughout the Forecast Period: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2027)

  • 2018-01-05
  • REP-GB-5922
  • 248 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Measurement Technology In Downstream Processing Market

This study offers a comprehensive, 360 degree analysis on the Measurement Technology In Downstream Processing market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Measurement Technology In Downstream Processing market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Widespread adoption of single use sensors to be observed in the coming years

Sensors, transmitters and controllers, sensor housings, cables and connectors, and buffers and standard reagents are the main product types in measurement technology for downstream processing. Of these, sensors are widely preferred over the other product types. Single use sensors find increasing application among end users such as biopharmaceutical companies, F&B organisations, biopharmaceutical contract manufacturing and research organisations, and academic and research institutes owing to their inherent properties such as ease of use and low risk of contamination during the changeover process. Single use sensors are also finding wide adoption on a commercial scale owing to their beneficial properties. Companies engaged in the manufacturing of bioprocess sensors are working on diversification of their product offerings so as to be able to integrate different process development steps in the manufacturing process; for instance, the provision of single use systems with integrated process sensors. Equipment manufacturers are also expanding product knowledge by providing free testing samples and demonstrations in a bid to increase their market share in the global market.

Sensors to remain the largest segment by product type in the global measurement technology in downstream processing market

Of the different product types in the global market for measurement technology in downstream processing, sensors are the most used, and account for the largest market share. The sensors segment is projected to record a revenue in excess of US$ 3,500 Mn by the end of the forecast period in 2027, reflecting a CAGR of 7.5% during the assessment period 2017 – 2027. The sensors segment is also expected to witness the highest growth rate during the period of study. Sensor housings is the second fastest growing product type in the global market, with a CAGR of 6.7% anticipated to be registered during 2017 – 2027. Within the sensors segment, cell density sensors are slated to witness the fastest growth rate, with a CAGR of 10.3% during the forecast period. Sensors is the most attractive product type in the global measurement technology in downstream processing market, with an attractiveness index of 2.8. Following closely in second place in terms of market attractiveness is the transmitters and controllers segment, with an attractiveness index of 1.1.

Increasing demand for high precision and continuous feedback sensors in the field of bioprocessing is driving the global market for measurement technology in downstream processing

Process control in bioprocessing applications requires a high level of precision and the designing of sensors has evolved continuously in the last few years to maintain pace with the rapidly altering industry demands. Newer and more innovative sensor technologies integrated with smart bioprocess control equipment have the capability to facilitate continuous feedback and process control to measure parameters such as pH, DO, temperature etc., thereby enhancing process development leading to better scale-up of operations. Implementation of advanced sensor technology is critical to optimise the various processing parameters. This is an important driver boosting revenue growth of the global measurement technology in downstream processing market.

Enhanced opportunities for product differentiation in the global market

New and advanced technologies such as wireless sensors (VisiPro DO sensor) and contactless optical DO sensors have been introduced recently to augment the sensing and automation of process control in life sciences and downstream processing. This has created lucrative opportunities for current market players in terms of product differentiation with improved functionality as well as expansion of existing business models. Also, given the rapid proliferation of wireless technology, the demand for wireless sensors (including sensors with integrated micro-transmitters) capable of connecting with the central control system using Bluetooth or other advanced wireless technologies is witnessing a rapid surge in the global market. Another opportunity for manufacturers lies in the development and integration of standard sensor ports and housings that can facilitate seamless integration of single use sensors in downstream processing.

Our approach to deriving the revenue estimates of the global measurement technology in downstream processing market

In deducing the revenue projections of the global market for measurement technology in downstream processing, our analysts have gathered data from secondary sources such as company websites, white papers, press releases, annual reports, financial documents, and industry association reports. Additional statistics have been obtained from paid publications such as Morningstar, Genios, Factiva, BVD, Meltwaters, and GBI. The market numbers have been validated through extensive interviews with key stakeholders in the industry through direct personal interviews as well as through sources such as Salesforce, Research Gate, Zoominfo, Avention, and LinkedIn. Our research process primarily comprises the following:

Primary research: This includes identification of key opinion leaders in the market, designing of questionnaires, and exhaustive interviews with key market stakeholders covering the entire measurement technology in downstream processing market value chain.

Desk research: This comprises extensive secondary research to identify top market experts, channel studies, global market trends and developments, critical market dynamics (drivers, restraints, challenges, and opportunities), identification of top products, and key takeaways pertaining to the global measurement technology in downstream processing market.

Company analysis and competition tracking: This constitutes an in-depth analysis of the primary market participants, a SWOT of their business performance, product portfolio and new innovations, chief focus areas of the company’s business, and key player mapping in accordance with the value chain. A dedicated chapter is allotted to present the current market structure of the global measurement technology in downstream processing market along with information on the key players dominating the global market. This dashboard view of the competition currently prevalent in the global measurement technology in downstream processing market will enable readers to acquire the necessary competitive intelligence and facilitate the devising of appropriate market strategies to emerge sustainably profitable in the global measurement technology in downstream processing market.

The below flowchart adequately sums up our tested and proven research methodology.

Data Collection & Sorting à Data Filtering & Analysis à Market Research & Intelligence à Deriving Actionable Insights à Viable Business Solution

A structured breakdown of the global measurement technology in downstream processing market for ease of understanding of the market

To help readers understand the critical components of the global measurement technology in downstream processing market, we have dissected the global market on the basis of product type, modality, end user, and region. Further segmental breakdown is as under:

By Product Type

By Modality

By End User

By Region

  • Sensors

    • pH & ORP SensorsDissolved Oxygen (DO) Sensors

    • Conductivity Sensors

    • Cell Density Sensors

  • Transmitters and Controllers

  • Sensor Housings

  • Cables and Connectors

  • Buffers and Standard Reagents

  • Single Use

  • Reuse

  • Biopharmaceutical Companies

  • Food & Beverage Companies

  • Contract Manufacturing Organisations

  • Contract Research Organisations

  • Academic and Research Institutes

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific Excluding Japan

  • Japan

  • Middle East & Africa


Why should you invest in this research study?

A planned investment in this comprehensive study of the global measurement technology in downstream processing market will benefit you in several ways.

  • If you are planning to invest in this market, a deep dive into the performance of the global market for measurement technology in downstream processing will help you make a critical business decision on whether and when to venture into this lucrative market. If you are an existing market player and want to understand what the competition is doing so as to implement counter strategies to gain a competitive edge, insights presented in this report will help you plan your future product innovation and go-to-market strategies to augment your market share.

  • The simple manner in which this report is structured will help you find the relevant market information quickly. An analysis of the revenue projections of the global measurement technology in downstream processing market for the historical period 2012 to 2016 and the forecast period 2017 to 2027 will help you acquire the necessary market intelligence to decide which segment to put your money into. Useful insights on key market dynamics will help you understand the future growth trajectory of the global measurement technology in downstream processing market and help you plan your next moves accordingly.

  • Finally, a drill down of the leading companies operating in the global measurement technology in downstream processing market will provide the necessary competitive intelligence essential for any business to plan effective marketing strategies.

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