The Digital Biomanufacturing Global Market Report 2023, provides comprehensive information on the digital biomanufacturing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global digital biomanufacturing market is expected to grow from $16.46 billion in 2022 to $18.87 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global digital biomanufacturing market is expected to reach $30.99 billion in 2027 at a CAGR of 13.2%.
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Product innovation is the key trend gaining popularity in the digital biomanufacturing market. Major companies operating in the market are focusing on innovative solutions to sustain their position in the market. For instance, in December 2020, IDBS Software Solutions, a France-based research and development informatics platform, introduced Polar, a BioPharma Lifecycle Management (BPLM) aiming to simplify drug development and production. Polar is intended to be quickly deployed to address workflow, process quality, collaboration, and data analysis issues that have plagued existing software solutions. It will eliminate manual data processing and transcribing, resulting in fewer human errors and improved overall accuracy, and it will have sophisticated search capabilities to help users locate what they are searching for, eliminating the need to duplicate operations. Polar also provides out-of-the-box insight and analytics by building a highly contextualized data backbone that supports the whole development lifecycle, allowing enterprises to realize the benefits of modeling and simulation while driving innovation and reducing time-to-market.
The digital biomanufacturing market is segmented:
1) By Type: Manufacturing Technologies, Analytical And Process Control Technologies, Software, Other Types
2) By Types of Biologic(s) Manufactured: Antibodies, Cell And Gene Therapies, Proteins, Vaccines, Other Types
3) By Technology: AI And IoMT Solutions, Process Analytical Technologies, Data Analytics Software, Predictive Analytics And Digital Twin Technologies, Other Technologies
4) By Application: BioProcess Optimization, Biomanufacturing Process Automation And Control, Other Applications
5) By End User: Biopharmaceutical Companies, Academic And Research Institutes
North America was the largest region in the digital biomanufacturing market in 2022.
The table of contents in TBRC’s digital biomanufacturing market report includes:
1. Executive Summary
2. Digital Biomanufacturing Market Characteristics
3. Digital Biomanufacturing Market Trends And Strategies
4. Digital Biomanufacturing Market – Macro Economic Scenario
5. Digital Biomanufacturing Market Size And Growth
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26. Africa Digital Biomanufacturing Market
27. Digital Biomanufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Biomanufacturing Market
29. Digital Biomanufacturing Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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