Downstream Processing Market 2030: Technological Advancements in Filtration
Market Size & Trends The global downstream processing market size was estimated at USD 30.96 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.84% from 2023 to 2030. A rise in the utilization of downstream processing techniques for the development of COVID-19 vaccines is a significant factor driving the market. In March 2022, Rentschler Biopharma and Vetter released the launch of Xpert Alliance, a collaborative representation of their strategic relationship. The visualization is intended to "bring to life" this continuing collaboration and highlight its successful operation in offering effective solutions to customers' evolving and growing demands in the field of challenging biopharmaceuticals. Further, in April 2022, Bayer revealed that it is considering a collaboration wherein Ginkgo Bioworks will purchase Bayer's West Sacramento Biologics R&D location as well as its internal discovery and lead optimization platform. Th...