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NEW YORK, Jan. 30, 2023 /PRNewswire/ -- North America will account for 34% of the global Laboratory shaker market Continue Reading Technavio has announced its latest market research report titled Global Laboratory Shaker Market 2023-2027 North America will account for 34% of the market growth of the global laboratory shaker market. Factors such as the increased investments in R&D in the biomedical and life sciences industry and the presence of many established vendors are driving the growth of the laboratory shaker market in North America. The Laboratory Shaker Market by Product, Application and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 611.28 million between 2022 and 2027 at a CAGR of 7.09%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report Company Profiles The laboratory shaker market report includes information on the key products and recent developments of leading vendors, including: Bionics Scientific Technologies Pvt. Ltd. - The company offers laboratory shakers that include analog shakers that have a speed range of 30 - 250 RPM, and can carry a max load of 35lbs. Biosan - The company offers laboratory shakers that come with choice of five (5) interchangeable platforms, a brushless motor with a guaranteed service life up to 35,000 hours and an automatic loading balancing system. Boekel Scientific - The company offers laboratory shakers that provide gentle continuous mixing of specimens in blood tubes, microcentrifuge tubes, glass vials, or plates, and can operate in variable speeds from 4-24 rotations per minute. Cole Parmer Instrument Co. LLC - The company offers laboratory shakers that offer orbital shaking action with 16-mm orbit that are ideal for larger samples and a built-in digital timer and variable speed control to 300 rpm. To know about all vendor offerings - Buy the report Market Dynamics The market is driven by factors such as the increased use of laboratory shakers in various applications, increased adoption of temperature-controlled laboratory mixing equipment, and rapid growth of laboratory automation systems. However, the high cost of shakers is hindering market growth. Competitive Analysis The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample Market Segmentation By product, the market is segmented into orbital shakers, incubator shakers, and other shakers. The orbital shakers segment accounted for the largest share of the market in 2022. By geography, the market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market in 2022. Related Reports: The lateral flow assay components market is estimated to grow at a CAGR of 5.22% between 2022 and 2027. The size of the market is forecast to increase by USD 97.76 million. The rising efforts in research and development are notably driving the market growth, although factors such as the increase in regulations and inconsistency in test results may impede the market growth. The bioprocess technology market size is expected to increase to USD 55.84 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.27%. The increase in infectious diseases is notably driving the bioprocess technology market growth, although factors such as the lack of trained laboratory professionals may impede the market growth. Technavio's library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our "Basic Plan" at just USD 5,000 and get lifetime access to Technavio Insights What are the key data covered in this laboratory shaker market report? CAGR of the market during the forecast period. Detailed information on factors that will drive the growth of the market between 2023 and 2027 Precise estimation of the size of the laboratory shaker market and its contribution to the parent market. Accurate predictions about upcoming trends and changes in consumer behavior. Growth of the market across North America, Europe, Asia, and Rest of World (ROW). A thorough analysis of the market's competitive landscape and detailed information about vendors. Comprehensive analysis of factors that will challenge the growth of laboratory shaker market vendors. Table of contents: 1 Executive Summary 1.1 Market overview Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Exhibit 06: Executive Summary – Chart on Market Segmentation by Application Exhibit 07: Executive Summary – Chart on Incremental Growth Exhibit 08: Executive Summary – Data Table on Incremental Growth Exhibit 09: Executive Summary – Chart on Vendor Market Positioning 2 Market Landscape 2.1 Market ecosystem Exhibit 10: Parent market Exhibit 11: Market Characteristics 3 Market Sizing 3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition 3.2 Market segment analysis Exhibit 13: Market segments 3.3 Market size 2022 3.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Five Forces Analysis 4.1 Five forces summary Exhibit 18: Five forces analysis - Comparison between 2022 and 2027 4.2 Bargaining power of buyers Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027 4.3 Bargaining power of suppliers Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027 4.4 Threat of new entrants Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027 4.5 Threat of substitutes Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027 4.6 Threat of rivalry Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027 4.7 Market condition Exhibit 24: Chart on Market condition - Five forces 2022 and 2027 5 Market Segmentation by Product 5.1 Market segments Exhibit 25: Chart on Product - Market share 2022-2027 (%) Exhibit 26: Data Table on Product - Market share 2022-2027 (%) 5.2 Comparison by Product Exhibit 27: Chart on Comparison by Product Exhibit 28: Data Table on Comparison by Product 5.3 Orbital shakers - Market size and forecast 2022-2027 Exhibit 29: Chart on Orbital shakers - Market size and forecast 2022-2027 ($ million) Exhibit 30: Data Table on Orbital shakers - Market size and forecast 2022-2027 ($ million) Exhibit 31: Chart on Orbital shakers - Year-over-year growth 2022-2027 (%) Exhibit 32: Data Table on Orbital shakers - Year-over-year growth 2022-2027 (%) 5.4 Incubator shakers - Market size and forecast 2022-2027 Exhibit 33: Chart on Incubator shakers - Market size and forecast 2022-2027 ($ million) Exhibit 34: Data Table on Incubator shakers - Market size and forecast 2022-2027 ($ million) Exhibit 35: Chart on Incubator shakers - Year-over-year growth 2022-2027 (%) Exhibit 36: Data Table on Incubator shakers - Year-over-year growth 2022-2027 (%) 5.5 Other shakers - Market size and forecast 2022-2027 Exhibit 37: Chart on Other shakers - Market size and forecast 2022-2027 ($ million) Exhibit 38: Data Table on Other shakers - Market size and forecast 2022-2027 ($ million) Exhibit 39: Chart on Other shakers - Year-over-year growth 2022-2027 (%) Exhibit 40: Data Table on Other shakers - Year-over-year growth 2022-2027 (%) 5.6 Market opportunity by Product Exhibit 41: Market opportunity by Product ($ million) 6 Market Segmentation by Application 6.1 Market segments Exhibit 42: Chart on Application - Market share 2022-2027 (%) Exhibit 43: Data Table on Application - Market share 2022-2027 (%) 6.2 Comparison by Application Exhibit 44: Chart on Comparison by Application Exhibit 45: Data Table on Comparison by Application 6.3 Microbiology - Market size and forecast 2022-2027 Exhibit 46: Chart on Microbiology - Market size and forecast 2022-2027 ($ million) Exhibit 47: Data Table on Microbiology - Market size and forecast 2022-2027 ($ million) Exhibit 48: Chart on Microbiology - Year-over-year growth 2022-2027 (%) Exhibit 49: Data Table on Microbiology - Year-over-year growth 2022-2027 (%) 6.4 Molecular biology - Market size and forecast 2022-2027 Exhibit 50: Chart on Molecular biology - Market size and forecast 2022-2027 ($ million) Exhibit 51: Data Table on Molecular biology - Market size and forecast 2022-2027 ($ million) Exhibit 52: Chart on Molecular biology - Year-over-year growth 2022-2027 (%) Exhibit 53: Data Table on Molecular biology - Year-over-year growth 2022-2027 (%) 6.5 Others - Market size and forecast 2022-2027 Exhibit 54: Chart on Others - Market size and forecast 2022-2027 ($ million) Exhibit 55: Data Table on Others - Market size and forecast 2022-2027 ($ million) Exhibit 56: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 57: Data Table on Others - Year-over-year growth 2022-2027 (%) 6.6 Market opportunity by Application Exhibit 58: Market opportunity by Application ($ million) 7 Customer Landscape 7.1 Customer landscape overview Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria 8 Geographic Landscape 8.1 Geographic segmentation Exhibit 60: Chart on Market share by geography 2022-2027 (%) Exhibit 61: Data Table on Market share by geography 2022-2027 (%) 8.2 Geographic comparison Exhibit 62: Chart on Geographic comparison Exhibit 63: Data Table on Geographic comparison 8.3 North America - Market size and forecast 2022-2027 Exhibit 64: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 65: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 66: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 67: Data Table on North America - Year-over-year growth 2022-2027 (%) 8.4 Europe - Market size and forecast 2022-2027 Exhibit 68: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 69: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 70: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 71: Data Table on Europe - Year-over-year growth 2022-2027 (%) 8.5 Asia - Market size and forecast 2022-2027 Exhibit 72: Chart on Asia - Market size and forecast 2022-2027 ($ million) Exhibit 73: Data Table on Asia - Market size and forecast 2022-2027 ($ million) Exhibit 74: Chart on Asia - Year-over-year growth 2022-2027 (%) Exhibit 75: Data Table on Asia - Year-over-year growth 2022-2027 (%) 8.6 Rest of World (ROW) - Market size and forecast 2022-2027 Exhibit 76: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million) Exhibit 77: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million) Exhibit 78: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%) Exhibit 79: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%) 8.7 US - Market size and forecast 2022-2027 Exhibit 80: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 81: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 82: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 83: Data Table on US - Year-over-year growth 2022-2027 (%) 8.8 UK - Market size and forecast 2022-2027 Exhibit 84: Chart on UK - Market size and forecast 2022-2027 ($ million) Exhibit 85: Data Table on UK - Market size and forecast 2022-2027 ($ million) Exhibit 86: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 87: Data Table on UK - Year-over-year growth 2022-2027 (%) 8.9 China - Market size and forecast 2022-2027 Exhibit 88: Chart on China - Market size and forecast 2022-2027 ($ million) Exhibit 89: Data Table on China - Market size and forecast 2022-2027 ($ million) Exhibit 90: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 91: Data Table on China - Year-over-year growth 2022-2027 (%) 8.10 Canada - Market size and forecast 2022-2027 Exhibit 92: Chart on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 93: Data Table on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 94: Chart on Canada - Year-over-year growth 2022-2027 (%) Exhibit 95: Data Table on Canada - Year-over-year growth 2022-2027 (%) 8.11 Germany - Market size and forecast 2022-2027 Exhibit 96: Chart on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 97: Data Table on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 98: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 99: Data Table on Germany - Year-over-year growth 2022-2027 (%) 8.12 Market opportunity by geography Exhibit 100: Market opportunity by geography ($ million) 9 Drivers, Challenges, and Trends 9.1 Market drivers 9.2 Market challenges 9.3 Impact of drivers and challenges Exhibit 101: Impact of drivers and challenges in 2022 and 2027 9.4 Market trends 10 Vendor Landscape 10.1 Overview 10.2 Vendor landscape Exhibit 102: Overview on Criticality of inputs and Factors of differentiation 10.3 Landscape disruption Exhibit 103: Overview on factors of disruption 10.4 Industry risks Exhibit 104: Impact of key risks on business 11 Vendor Analysis 11.1 Vendors covered Exhibit 105: Vendors covered 11.2 Market positioning of vendors Exhibit 106: Matrix on vendor position and classification 11.3 Benchmark Scientific Inc. Exhibit 107: Benchmark Scientific Inc. - Overview Exhibit 108: Benchmark Scientific Inc. - Product / Service Exhibit 109: Benchmark Scientific Inc. - Key offerings 11.4 Bionics Scientific Technologies Pvt. Ltd. Exhibit 110: Bionics Scientific Technologies Pvt. Ltd. - Overview Exhibit 111: Bionics Scientific Technologies Pvt. Ltd. - Product / Service Exhibit 112: Bionics Scientific Technologies Pvt. Ltd. - Key offerings 11.5 Biosan Exhibit 113: Biosan - Overview Exhibit 114: Biosan - Product / Service Exhibit 115: Biosan - Key offerings 11.6 Boekel Scientific Exhibit 116: Boekel Scientific - Overview Exhibit 117: Boekel Scientific - Product / Service Exhibit 118: Boekel Scientific - Key offerings 11.7 Cole Parmer Instrument Co. LLC Exhibit 119: Cole Parmer Instrument Co. LLC - Overview Exhibit 120: Cole Parmer Instrument Co. LLC - Product / Service Exhibit 121: Cole Parmer Instrument Co. LLC - Key news Exhibit 122: Cole Parmer Instrument Co. LLC - Key offerings 11.8 Corning Inc. Exhibit 123: Corning Inc. - Overview Exhibit 124: Corning Inc. - Business segments Exhibit 125: Corning Inc. - Key news Exhibit 126: Corning Inc. - Key offerings Exhibit 127: Corning Inc. - Segment focus 11.9 Eppendorf SE Exhibit 128: Eppendorf SE - Overview Exhibit 129: Eppendorf SE - Product / Service Exhibit 130: Eppendorf SE - Key news Exhibit 131: Eppendorf SE - Key offerings 11.10 Esco Micro Pte. Ltd. Exhibit 132: Esco Micro Pte. Ltd. - Overview Exhibit 133: Esco Micro Pte. Ltd. - Product / Service Exhibit 134: Esco Micro Pte. Ltd. - Key offerings 11.11 Grant Instruments (Cambridge) Ltd. Exhibit 135: Grant Instruments (Cambridge) Ltd. - Overview Exhibit 136: Grant Instruments (Cambridge) Ltd. - Product / Service Exhibit 137: Grant Instruments (Cambridge) Ltd. - Key offerings 11.12 Heidolph Instruments GmbH and CO. KG Exhibit 138: Heidolph Instruments GmbH and CO. KG - Overview Exhibit 139: Heidolph Instruments GmbH and CO. KG - Product / Service Exhibit 140: Heidolph Instruments GmbH and CO. KG - Key offerings 11.13 IKA Werke GmbH and CO. KG Exhibit 141: IKA Werke GmbH and CO. KG - Overview Exhibit 142: IKA Werke GmbH and CO. KG - Product / Service Exhibit 143: IKA Werke GmbH and CO. KG - Key offerings 11.14 JEIOTECH Exhibit 144: JEIOTECH - Overview Exhibit 145: JEIOTECH - Product / Service Exhibit 146: JEIOTECH - Key offerings 11.15 Perkin Elmer Inc Exhibit 147: Perkin Elmer Inc - Overview Exhibit 148: Perkin Elmer Inc - Business segments Exhibit 149: Perkin Elmer Inc - Key news Exhibit 150: Perkin Elmer Inc - Key offerings Exhibit 151: Perkin Elmer Inc - Segment focus 11.16 Santa Cruz Biotechnology Inc. Exhibit 152: Santa Cruz Biotechnology Inc. - Overview Exhibit 153: Santa Cruz Biotechnology Inc. - Product / Service Exhibit 154: Santa Cruz Biotechnology Inc. - Key offerings 11.17 VWR International LLC Exhibit 155: VWR International LLC - Overview Exhibit 156: VWR International LLC - Product / Service Exhibit 157: VWR International LLC - Key offerings 12 Appendix 12.1 Scope of the report 12.2 Inclusions and exclusions checklist Exhibit 158: Inclusions checklist Exhibit 159: Exclusions checklist 12.3 Currency conversion rates for US$ Exhibit 160: Currency conversion rates for US$ 12.4 Research methodology Exhibit 161: Research methodology Exhibit 162: Validation techniques employed for market sizing Exhibit 163: Information sources 12.5 List of abbreviations Exhibit 164: List of abbreviations About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: SOURCE Technavio

DUBLIN--( BUSINESS WIRE )--The "Cell Culture Protein Surface Coating Market by Coating Type, by Protein Source, and by Region - Global Forecast to 2023-2033" report has been added to ResearchAndMarkets.com's offering. The cell culture protein surface coating market size is estimated to be USD 956.85 million in 2022 and is expected to witness a CAGR of 15.98% during the forecast period 2023-2033. The growing interest of scientists and biotechnology businesses in stem cell research, rise in demand in 2D and 3D cell cultures and demand for targeted therapy and protein therapies are projected to drive the market growth in near future. Additionally, surging expenditure by the government and industry players in stem cell research and development activities is also supporting the market growth. However, high price of cell culture protein and prohibited usage of coating made from animal-sourced protein by a number of laws and social norms are predicted to limit market growth are expected to restrain the market growth. Surging expenditure by the government and industry players in stem cell research and development activities is supporting the market growth. Every year, Becton, Dickinson and Company provides ten scientists working on stem cell research with reagents worth a combined USD 100,000. Similar to this, the Seventh Framework Program for Research and Technological Development supported four stem cell research projects. Rise in demand in 2D and 3D cell cultures and demand for targeted therapy and protein therapies is projected to propel the market growth. Growing biological cells under regulated conditions such that they can interact with one another in all directions is known as 3D cell culture. The instruments with protein coatings provide a 3D microenvironment for achieving appropriate cell adhesion and growth. For instance, Agilent Technologies, provides automated imaging technologies that could yield useful data for enhancing standard culture practises and enhancing the reliability and efficacy of ensuing cell-based tests. Segmentation By Coating Type The market is categorized into precoating and self-coating. In 2022, the self-coating accounted for the highest revenue share due to the increase in R&D spending. The development of monoclonal antibodies, protein therapies, induced pluripotent stem cell research, and cryobanking are the main areas of focus for the biotechnology and biopharmaceutical firms. As a result, it is anticipated that during the research period, there will still be a significant demand for self-coating. However, Precoating, is anticipated to increase at the fastest rate during the projection period. Multiwall/microwell plates, flasks, Petri dishes, slides, and cover slips are other subcategories for this market area. Precoated culture wares have a number of benefits, including being ready for use, saving time, delivering consistent quality, and enhancing isolation and cultivation. Precoating culturewares is becoming more and more common as a result. In consequence, it is estimated that this will accelerate the precoating market's growth. By Protein Source The market is categorized into human-derived, plant-derived, animal-derived, and synthetic. In the global market, the animal-derived segment accounted for the largest revenue share in 2022 owing to widespread use in the manufacture of biopharmaceuticals, such as monoclonal antibodies and recombinant proteins. However, during the projected period, the synthetic material industry is expected to develop at the quickest rate. One of the main factors driving the expansion of this market is the rising demand for components made without using any animals. Synthetic protein coatings are increasingly being used as a result of ethical and religious restrictions on the use of animal-derived protein. Segmentation: Cell Culture Protein Surface Coating Market Report 2022 - 2033 Coating Type (Revenue, USD Million), 2022 - 2033 Precoating Self-coating Petri Dishes Slides Cover slips Multiwall/Microwell Plates Flasks Protein Source (Revenue, USD Million), 2022 - 2033 Human-derived Plant-derived Animal-derived Synthetic By Region (Revenue, USD Million), 2022 - 2033 North America U.S. Canada Europe Germany France UK Spain Italy Rest of Europe Asia Pacific China Japan India Australia South Korea Rest of APAC Latin America Brazil Mexico Argentina Rest of LATAM Middle East & Africa South Africa GCC Rest of MEA Key Topics Covered: 1. Research Methodology 2. Introduction: Cell Culture Protein Surface Coating 3. Executive Summary 4. Market Dynamics 5. Market Environment Analysis 6. COVID-19 Impact Analysis: Cell Culture Protein Surface Coating Market 7. Market Analysis by Coating Type 8. Market Analysis by Protein Source 9. North America Cell Culture Protein Surface Coating Market 10. Europe Cell Culture Protein Surface Coating Market 11. Asia Pacific Cell Culture Protein Surface Coating Market 12. Latin America Cell Culture Protein Surface Coating Market 13. MEA Cell Culture Protein Surface Coating Market 14. Competitor Analysis 15. Company Profiles 16. Conclusion & Recommendations Companies Mentioned PerkinElmer Inc. Merck KGaA Corning Inc. Thermo Fisher Scientific Greiner Bio-One International GmbH Merck Millipore Promega Corp. BioVision Inc. Sartorius AG Trevigen Inc. Viogene For more information about this report visit https://www.researchandmarkets.com/r/qa80x1

DUBLIN--( BUSINESS WIRE )--The "Bioprocess Technology Market Analysis, By Product, By Application, By End User, and by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The bioprocess technology market size is estimated to be USD 18,311.5 million in 2021 and is expected to witness a CAGR of 15.77% during the forecast period 2022-2029. Companies Mentioned Lonza Group AG (Switzerland) Becton Dickinson and Company (U.S.) Thermo Fisher Scientific Inc. (U.S.) Merck Millipore (Germany) Sartorius Stedim Biotech S.A (France) GE Healthcare (U.S.) Corning Inc. (U.S.) Bio-Rad Laboratories (U.S.) Danaher Corporation (U.S.) Charles River Laboratories (U.S.) The widespread use of bioprocess technology, pharmaceuticals, agriculture, and biotechnology are some of the factors contributing to the market growth. Additionally, rising expenditures on R&D in the biotechnology sector, spike in vaccine demand, ongoing technological advancements, rising number of new drug production and launches, and rising incidence of cancer and HIV are other factors contributing the market growth. However, high price of the instruments is expected to hinder the growth. By Product Based on product, the market is categorized into cell counting, cell culture, biologics safety testing, flow cytometry, tangential flow filtration, cell line development, and cell expansion. In 2021, the biologics safety testing accounted for the highest revenue share due to the growing government support for the biotechnology and pharmaceutical industries. By Application On the basis of application, the market is categorized into biosimilars, recombinant proteins, antibiotics, and others. In the global market, the recombinant proteins segment accounted for the largest revenue share in 2021 owing to the increase in demand for recombinant proteins in medicinal applications. By End User Based on end user, the market is segmented into contract research organization, contract manufacturing organization, biopharmaceutical companies, academic research institutes, and food & feed industry. In 2021, the biopharmaceutical companies segment accounted for the largest revenue share owing to rising need for improved bioprocess technology for the creation of cutting-edge pharmaceuticals and vaccines. Regional Markets In 2021, North America region accounted for the highest revenue in the bioprocess technology market and is expected to maintain its dominance during the forecast period. This is attributed to the increasing demand for high-quality biologics, the widespread presence of numerous domestic and international market participants, and the rising expenditure in research and development activities by these market players. For more information about this report visit https://www.researchandmarkets.com/r/xy4zll