Technology industry

Global Process Analytics Technology Industry to 2030 –

Dublin, 07 Feb. 2022 (GLOBE NEWSWIRE) — The “Process Analytics Technology Market Research Report: By Technique, Measurement, End-User, and Supply – Global Industry Analysis and Demand Forecast to 2030” report has been added to from offer.

The global process analytics technology market is expected to grow at a CAGR of 17.1% between 2021 and 2030, to reach $13,626.5 million by 2030, from an estimated $3,283.8 million in 2021. The main reason behind this would be the growing number of drug research and development (R&D). With the increase in cases of chronic and acute diseases, the demand for effective drugs with as few side effects as possible is increasing.

In this regard, the COVID-19 pandemic has acted as a powerful growth driver for the market. In response to rising infection and death rates, the race to find effective preventive and curative drugs is intensifying. Since PAT is mainly used to monitor and evaluate the drug development process, its demand has increased significantly in 2020.

Key Findings of the Process Analytics Technology Market Report

Spectroscopy is the most widely used PAT because it can determine the atomic structure of a sample and the molecular structure of muscle, modify the structure of drugs to improve their effectiveness, and characterize proteins.

In the process analytics technology market, biopharmaceutical manufacturers are expected to be the fastest growing end users. This is attributed to the growing need for biochemical analyzes in the burgeoning biotechnology industry in developing countries.

The demand for PAT will witness the fastest increase in Asia-Pacific (APAC) due to the existence of numerous pharmaceutical companies, the advancement of the biotechnology sector, and the increase in the cases of chronic and acute diseases.

To save on operational costs and focus more on marketing, pharmaceutical and biotech companies outsource production to contract manufacturing organizations (CROs), which thus become major users of PAT.

With the growing demand for PAT, products that offer greater accuracy and can be used in a wide variety of settings are being introduced. This is facilitated by increasing government investments in the biopharmaceutical and pharmaceutical industries.

In the coming years, the demand for chemometrics services, statistical data processing, instrument repair and maintenance, and training is expected to grow faster than for the instruments themselves.

Currently, North America holds the largest share of the process analytics technology market as it is home to the largest biotech and pharmaceutical industries in the world. Additionally, the region’s state-of-the-art technology infrastructure enables drug manufacturers to adopt PAT throughout the R&D process. Additionally, the regional market is driven by the growing emphasis on the quality by design (QbD) ideology.

Leading companies in the process analytical technologies market are PerkinElmer Inc., Carl Zeiss AG, Shimadzu Corporation, Mettler-Toledo International Inc., Danaher Corporation, Emerson Electric Co., Thermo Fisher Scientific Inc., Bruker Corporation, ABB Ltd. and Agilent. Technologies Inc. They launch new analytical systems, merge or acquire other companies, and enter into partnerships and collaborations to dominate the competition.

Main topics covered:

Chapter 1. Research Context

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Voices of KOLs

Chapter 5. Overview
5.1 Definition of market segments
5.1.1 By technique Spectroscopy Molecular Mass Atomic Chromatography CL GC Others Capillary electrophoresis Particle size analysis Others
5.1.2 By measure Online Online Online Offline
5.1.3 By offer Products Analyzers Sensors and probes Samplers Services
5.1.4 By end user Pharmaceutical Manufacturers Biopharmaceutical Manufacturers Contract research and manufacturing organizations Others
5.2 Market Dynamics
5.2.1 Trend Outsourcing of manufacturing processes to contract manufacturing organizations
5.2.2 Drivers Rising R&D Spending by Drug Manufacturers and Government Investments in Emerging Economies Growing adherence to QbD principles Increased focus on quality and improving the efficiency of manufacturing processes Technological Advancements in Analytical Devices Industry Impact Analysis of Drivers on Market Forecast
5.2.3 Constraints High cost of PAT implementation Lack of qualified professionals Impact Analysis of Restrictions on Market Forecast
5.2.4 Opportunities Growing use of analytical instruments in bioprocessing Growing Demand for PAT in Emerging Markets
5.3 Porter’s Five Forces Analysis
5.3.1 Bargaining power of buyers
5.3.2 Bargaining power of suppliers
5.3.3 Intensity of rivalry
5.3.4 Threat of new entrants
5.3.5 Threat of Substitutes
5.4 Impact of COVID-19

Chapter 6. Global Market Size and Forecast
6.1 Overview
6.2 Market Revenue, by Technique (2017-2030)
6.2.1 Global Spectroscopy-based PAT Market Revenue, by Type (2017-2030)
6.2.2 Global Chromatography-based PAT Market Revenue by Type (2017-2030)
6.3 Market Revenue, by Measure (2017-2030)
6.4 Market Revenue, by End User (2017-2030)
6.5 Market Revenue, by Offer (2017-2030)
6.5.1 Global PAT Products Market Revenue, by Type (2017-2030)
6.6 Market Revenue, by Region (2017-2030)

Chapter 7. North America Market Size and Forecast

Chapter 8. Europe Market Size and Forecast

Chapter 9. APAC Market Size and Forecast

Chapter 10. LATAM Market Size and Forecast

Chapter 11. MEA Market Size and Forecast

Chapter 12. US Market Size and Forecast

Chapter 13. Canada Market Size and Forecast

Chapter 14. Germany Market Size and Forecast

Chapter 15. France Market Size and Forecast

Chapter 16. UK Market Size and Forecast

Chapter 17. Italy Market Size and Forecast

Chapter 18. Spain Market Size and Forecast

Chapter 19. China Market Size and Forecast

Chapter 20. Japan Market Size and Forecast

Chapter 21. India Market Size and Forecast

Chapter 22. South Korea Market Size and Forecast

Chapter 23. Brazil Market Size and Forecast

Chapter 24. Mexico Market Size and Forecast

Chapter 25. Saudi Arabia Market Size and Forecast

Chapter 26. UAE Market Size and Forecast

Chapter 27. Competitive Landscape
27.1 List of Market Players and Their Offerings
27.2 Key Players Competitive Benchmarking
27.3 Global Strategic Developments of Major Players
27.3.1 Product Launches
27.3.2 Extensions
27.3.3 Partnerships and collaborations
27.3.4 Mergers and Acquisitions
27.3.5 Investment and financing

Chapter 28. Company Profiles
28.1 Perkin Elmer Inc.
28.1.1 Business Overview
28.1.2 Product and service offerings
28.1.3 Key Financial Summary
28.2 Shimadzu Company
28.2.1 Business Overview
28.2.2 Product and service offerings
28.2.3 Key financial summary
28.3 Carl Zeiss AG
28.3.1 Business Overview
28.3.2 Product and service offerings
28.3.3 Key Financial Summary
28.4 Mettler-Toledo International Inc.
28.4.1 Business Overview
28.4.2 Product and service offerings
28.4.3 Key Financial Summary
28.5 Emerson Electric Co.
28.5.1 Business Overview
28.5.2 Product and service offerings
28.5.3 Key Financial Summary
28.6 Danaher Corporation
28.6.1 Business Overview
28.6.2 Product and service offerings
28.6.3 Key Financial Summary
28.7 Thermo Fisher Scientific Inc.
28.7.1 Activity Overview
28.7.2 Product and service offerings
28.7.3 Key Financial Summary
28.8 Agilent Technologies Inc.
28.8.1 Activity Overview
28.8.2 Product and service offerings
28.8.3 Key Financial Summary
28.9 Bruker Company
28.9.1 Activity Overview
28.9.2 Product and service offerings
28.9.3 Key Financial Summary
28.10 ABB Ltd.
28.10.1 Company Overview
28.10.2 Product and service offerings
28.10.3 Key Financial Summary

Chapter 29. Appendix

For more information on this report, visit