Separation Systems For Commercial Biotechnology Market Size

Separation Systems For Commercial Biotechnology Market Analysis

The separation systems for the commercial biotechnology market are projected to register a CAGR of 4.7% over the forecast period.

• COVID-19 had a significant impact on the separation systems within the commercial biotechnology market as manufacturers of reagents encountered production and sales difficulties due to the global lockdown. Laboratories worldwide also faced shortages throughout the pandemic. For example, according to an article published in March 2022 on PubMed, laboratories and manufacturers were developing and conducting assays at an accelerated rate during the pandemic, resulting in a severe scarcity of fundamental and essential laboratory reagents. This had a substantial effect on multiple processes in both conventional and modern methods of separation techniques in biotechnology. 
• However, as the pandemic restrictions are eased, in the post-pandemic situation, the market is anticipated to witness growth in the coming years due to the advancement in separation systems and the rise in the adoption of separation systems in the biopharmaceutical industry,
• The major factor attributing to the growth of the market is the increasing advancement of cell separations and increasing demand for biopharmaceuticals. For instance, in November 2022, Sony Corporation launched the SFA - Life Sciences Cloud Platform, a flow cytometry data analysis cloud solution that can quickly identify rare cells, such as cancer cells and stem cells, from a wide variety of cell populations, using data obtained from flow cytometers. 
• Similarly, in September 2022, Tosoh Bioscience GmbH, a provider of chromatographic solutions for the separation and purification of biomolecules, launched the Octave BIO multi-column chromatography (MCC) system. This system, combined with the SkillPak BIO pre-packed columns, enables customers to quickly and efficiently develop pre-clinical processes. Thus, the development of such innovative cloud platforms and the launch of various chromatography systems are expected to augment the demand for separation systems, thereby contributing to the market growth over the forecast period.
• Moreover, research studies involving the recent advancement of cell separation are expected to drive market growth. For instance, as per the article published in January 2022 in MDPI, magnetic cell separation has emerged as a critical technology for isolating specific cell populations from biological suspensions, with applications ranging from diagnosis and therapy in biomedicine to environmental applications or fundamental research in biology. Hence, owing to the increase in advantages offered by separation systems, the studied market is expected to witness significant growth over the forecast period.
• Thus, due to the increase in product launches and advancements in cell separation in biotechnology, the separation systems for the commercial biotechnology market are expected to witness significant growth over the forecast period. However, the high cost involved in research and development is likely to restrain the market growth.