Process Analytical Technology Market by Technique, Measurement, Products and Services, End - User - Global Forecast to 2021

  • ID: 4082734
  • Report
  • Region: Global
  • 164 Pages
  • Markets and Markets
1 of 6
The Global Process Analytical Technology Market is Projected to Reach USD 3.30 Billion by 2021 from USD 1.77 Billion in 2016, Growing at a CAGR of 13.3%

FEATURED COMPANIES

  • ABB Ltd.
  • Bruker Corporation
  • Emerson Electric Co.
  • Perkinelmer, Inc.
  • Shimadzu Corporation
  • MORE

"Process Analytical Technology Market by Technique (Spectroscopy, Chromatography), Measurement (On-Line, In-Line, At-Line), Products and Services (Analyzers, Probes & Sensors), End - User (Pharmaceutical Manufacturers, CRO & CMO) - Global Forecast to 2021"

The global process analytical technology (PAT) market is projected to reach USD 3.30 billion by 2021 from USD 1.77 billion in 2016, at a CAGR of 13.3% from 2016 to 2021. Market growth is primarily driven by factors such as government regulations on drug safety, need for manufacturing process efficiency leading to quality improvement, and technological advancements in analytical devices. Other factors supporting market growth include an increase in R&D spending by pharma and biopharma companies and increasing government investments in emerging countries. The emerging markets are also expected to offer plenty of growth opportunities for players in the market.

In recent years, the Asia-Pacific market for process analytical technology has witnessed a significant growth. Strategic expansions by key market players in emerging Asian countries; the growing Contract Research and Manufacturing services (CRAMs) industry in India, Korea, Singapore, and China; the large biopharmaceutical industry in Singapore; and conferences, exhibitions, and meetings on analytical instruments are some key factors fueling the growth of the Asia-Pacific market.

In this report, the global process analytical technology market is segmented on the basis of technique, measurement, end user, product and services, and region. On the basis of products and services, the process analytical technology market for products is further divided into analyzers, sensors and probes, and samplers. The services segment is expected to grow at the highest CAGR from 2016 to 2021. With the rising adoption of PAT in life science manufacturing processes (pharmaceutical, biopharmaceutical, and contract manufacturing services), coupled with the presence of stringent regulatory guidelines in drug development, the services segment is expected to witness fastest growth rate leading to a significant growth in the coming years.

Based on end user, the process analytical technology market is segmented into pharmaceutical manufacturers, biopharmaceutical manufacturers, contract research and manufacturing organizations, and other end users (academic and research laboratories and forensic testing laboratories). The pharmaceutical manufacturers segment is expected to account for the largest share of the market in 2016. The contract research and manufacturing organizations segment is expected to grow at the highest CAGR during the forecast period owing to the increasing trend of outsourcing in research and manufacturing activities by key pharmaceutical and biopharmaceutical manufacturers globally.

Product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.

Research Coverage:

From an insight perspective, this research report focuses on qualitative data, market size, and growth of various segments and subsegments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats), winning imperatives, and burning issues. The report also offers market sizes and data on the growth of various segments in the industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives of governments. The competitive landscape covers growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on key players in the process analytical technology market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Reasons to Buy this Report:

From an insight perspective, this research report focuses on various levels of analysis-industry analysis (current trends) and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the PAT market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on products offered by the top players in the process analytical technology market
  • Product Development/Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the process analytical technology market
  • Market Development: Comprehensive information about lucrative emerging markets-the report analyzes the markets for process analytical technology products across various regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the process analytical technology market
  • Competitive Assessment: In-depth assessment of market ranking, strategies, products, and manufacturing capabilities of the leading players in the process analytical technology market
READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • ABB Ltd.
  • Bruker Corporation
  • Emerson Electric Co.
  • Perkinelmer, Inc.
  • Shimadzu Corporation
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
2.2.2.1 Key Industry Insights
2.2.3 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Process Analytical Technology: Market Overview
4.2 Geographic Analysis: Market, By Technique (2016)
4.3 Market Size, By Product, 2016 vs 2021
4.4 Market Size, By End User, 2016 vs 2021
4.5 Market Geographic Growth Opportunities

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increase in R&D Spending By Pharmaceutical and Biopharmaceutical Firms and Government Investments in Emerging Countries
5.1.1.2 Government Regulations on Drug Safety
5.1.1.3 Need for Manufacturing Process Efficiency Leading to Quality Improvement
5.1.1.4 Technological Advancements in Analytical Devices
5.1.2 Restraints
5.1.2.1 High Cost of Process Analytical Technology Deployment
5.1.3 Opportunities
5.1.3.1 Emerging Markets Offer Lucrative Growth Opportunities
5.1.3.2 Growing Adoption of Analytical Instruments in Bioprocesses (Research and Manufacturing)
5.1.4 Challenges
5.1.4.1 Dearth of Skilled Professionals
5.1.5 Current Trends
5.1.5.1 Outsourcing to Contract Manufacturing Organizations
5.1.5.2 Adoption of Quality By Design(QBD) Principles

6 Process Analytical Technology Market, By Technique
6.1 Introduction
6.2 Spectroscopy
6.2.1 Spectroscopy Market, By Type
6.2.1.1 Molecular Spectroscopy
6.2.1.2 Mass Spectrometry
6.2.1.3 Atomic Spectroscopy
6.3 Chromatography
6.3.1 Chromatography Market, By Type
6.3.1.1 Liquid Chromatography (LC) Systems
6.3.1.2 Gas Chromatography (GC) Systems
6.3.1.3 Other Chromatography Systems
6.4 Particle Size Analysis
6.5 Capillary Electrophoresis
6.6 Other Techniques

7 Process Analytical Technology Market, By Measurement
7.1 Introduction
7.2 On-Line Measurement
7.3 In-Line Measurement
7.4 At-Line Measurement
7.5 Off-Line Measurement

8 Process Analytical Technology Market, By End User
8.1 Introduction
8.2 Pharmaceutical Manufacturers
8.3 Biopharmaceutical Manufacturers
8.4 Contract Research and Manufacturing Organizations
8.5 Other End Users

9 Process Analytical Technology Market, By Products and Services
9.1 Introduction
9.2 Products
9.2.1 Analyzers
9.2.2 Sensors and Probes
9.2.3 Samplers
9.3 Services

10 Process Analytical Technology Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Introduction
11.2 Market Player Ranking
11.3 Competitive Situation and Trends
11.3.1 Product Launches
11.3.2 Agreements, Collaborations, and Partnerships
11.3.3 Expansions
11.3.4 Other Developments

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development) -
12.1 Introduction
12.2 Thermo Fisher Scientific Inc.
12.3 Agilent Technologies, Inc.
12.4 Danaher Corporation (Ab Sciex LLC)
12.5 Bruker Corporation
12.6 Perkinelmer, Inc.
12.7 ABB Ltd.
12.8 Carl Zeiss AG (Zeiss Group)
12.9 Emerson Electric Co.
12.10 Mettler-Toledo International Inc.
12.11 Shimadzu Corporation
  • Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide

List of Tables

Table 1 Technological Advancements and Product Launches in the Pat Market
Table 2 Process Analytical Technology Market Size, By Technique, 2014-2021 (USD Million)
Table 3 Process Analytical Technology Market Size for Spectroscopy, By Type, 2014-2021 (USD Million)
Table 4 Process Analytical Technology Market Size for Spectroscopy, By Region, 2014-2021 (USD Million)
Table 5 Molecular Spectroscopy Techniques
Table 6 PAT Market Size for Molecular Spectroscopy, By Type, 2014-2021 (USD Million)
Table 7 Market Size for Molecular Spectroscopy, By Region, 2014-2021 (USD Million)
Table 8 Market Size for Mass Spectrometry, By Region, 2014-2021 (USD Million)
Table 9 Market Size for Atomic Spectroscopy, By Region, 2014-2021 (USD Million)
Table 10 PAT Market Size for Chromatography, By Type, 2014-2021 (USD Million)
Table 11 Market Size for Chromatography, By Region, 2014-2021 (USD Million)
Table 12 Liquid Chromatography Systems Differentiation
Table 13 PAT Market Size for Liquid Chromatography Systems, By Region, 2014-2021 (USD Million)
Table 14 Market Size for Gas Chromatography Systems, By Region, 2014-2021 (USD Million)
Table 15 PAT Market Size for Other Chromatography Systems, By Region, 2014-2021 (USD Million)
Table 16 PAT Market Size for Particle Size Analysis, By Region, 2014-2021 (USD Million)
Table 17 Capillary Electrophoresis Systems Market Size, By Region, 2014-2021 (USD Million)
Table 18 Market Size for Other Techniques, By Region, 2014-2021 (USD Million)
Table 19 Global Market Size, By Measurement, 2014-2021 (USD Million)
Table 20 Comparison Between Methods of Measurement in Pat
Table 21 Market Size for On-Line Measurement, By Region, 2014-2021 (USD Million)
Table 22 Market Size for In-Line Measurement, By Region, 2014-2021 (USD Million)
Table 23 PAT Market Size for At-Line Measurement, By Region, 2014-2021 (USD Million)
Table 24 PAT Market Size for Off-Line Measurement, By Region, 2014-2021 (USD Million)
Table 25 Global Market Size, By End User, 2014-2021 (USD Million)
Table 26 Market Size for Pharmaceutical Manufacturers, By Region, 2014-2021 (USD Million)
Table 27 PAT Market Size for Biopharmaceutical Manufacturers, By Region, 2014-2021 (USD Million)
Table 28 Market Size for Contract Research and Manufacturing Organizations, By Region, 2014-2021 (USD Million)
Table 29 Market Size for Other End Users, By Region, 2014-2021 (USD Million)
Table 30 Global Market Size, By Products and Services, 2014-2021 (USD Million)
Table 31 Global PAT Market Size, By Product, 2014-2021 (USD Million)
Table 32 Market Size for Products, By Region, 2014-2021 (USD Million)
Table 33 Market Size for Analyzers, By Region, 2014-2021 (USD Million)
Table 34 Market Size for Sensors and Probes, By Region, 2014-2021 (USD Million)
Table 35 PAT Market Size for Samplers, By Region, 2014-2021 (USD Million)
Table 36 Market Size for Services, By Region, 2014-2021 (USD Million)
Table 37 Market Size, By Region, 2014-2021 (USD Million)
Table 38 North America: Expansions By Pharmaceutical Companies
Table 39 North America: PAT Market Size, By Technique, 2014-2021 (USD Million)
Table 40 North America: Market Size for Spectroscopy, By Type, 2014-2021 (USD Million)
Table 41 North America: Market Size for Chromatography, By Type, 2014-2021 (USD Million)
Table 42 North America: Market Size, By End User, 2014-2021 (USD Million)
Table 43 North America: Market Size, By Measurement, 2014-2021 (USD Million)
Table 44 North America: Market Size, By Product and Service, 2014-2021 (USD Million)
Table 45 North America: Market Size, By Product, 2014-2021 (USD Million)
Table 46 Europe: Pat Conferences
Table 47 Europe: Market Size, By Technique, 2014-2021 (USD Million)
Table 48 Europe: Market Size for Spectroscopy, By Type, 2014-2021 (USD Million)
Table 49 Europe: Market Size for Chromatography, By Type, 2014-2021 (USD Million)
Table 50 Europe: Market Size, By End User, 2014-2021 (USD Million)
Table 51 Europe: Market Size, By Measurement, 2014-2021 (USD Million)
Table 52 Europe: PAT Market Size, By Product and Service, 2014-2021 (USD Million)
Table 53 Europe: Market Size, By Product, 2014-2021 (USD Million)
Table 54 Expansions By Key Players in Asia-Pacific Region
Table 55 Asia-Pacific: Market Size, By Technique, 2014-2021 (USD Million)
Table 56 Asia-Pacific: Market Size for Spectroscopy, By Type, 2014-2021 (USD Million)
Table 57 Asia-Pacific: Market Size for Chromatography, By Type, 2014-2021 (USD Million)
Table 58 Asia-Pacific: Market Size, By End User, 2014-2021 (USD Million)
Table 59 Asia-Pacific: PAT Market Size, By Measurement, 2014-2021 (USD Million)
Table 60 Asia-Pacific: Market Size, By Product and Service, 2014-2021 (USD Million)
Table 61 Asia-Pacific: Market Size, By Product, 2014-2021 (USD Million)
Table 62 RoW: Market Size, By Technique, 2014-2021 (USD Million)
Table 63 RoW: Market Size for Spectroscopy, By Type, 2014-2021 (USD Million)
Table 64 RoW: Market Size for Chromatography, By Type, 2014-2021 (USD Million)
Table 65 RoW: Market Size, By End User, 2014-2021 (USD Million)
Table 66 RoW: PAT Market Size, By Measurement, 2014-2021 (USD Million)
Table 67 RoW: Market Size, By Product and Service, 2014-2021 (USD Million)
Table 68 RoW: Market Size, By Product, 2014-2021 (USD Million)
Table 69 Global Market Ranking, By Key Player, 2015
Table 70 Product Launches, 2013-2016
Table 71 Agreements, Collaborations, and Partnerships, 2013-2016
Table 72 Acquisitions, 2013-2016
Table 73 Other Developments, 2013-2016

List of Figures

Figure 1 Process Analytical Technology Market Segmentation
Figure 2 Research Design
Figure 3 Process Analytical Technology Market Top Down Approach
Figure 4 Process Analytical Technology Market: Bottom Up Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Market Data Triangulation Methodology
Figure 7 Global Process Analytical Technology Market Snapshot, 2016 vs 2021
Figure 8 Global Market Size, By Technique, 2016 vs 2021
Figure 9 Global Process Analytical Technology Market Size, By Measurement, 2016 vs 2021
Figure 10 Global Process Analytical Technology Market Size, By Product, 2016 vs 2021
Figure 11 Global Process Analytical Technology Market Size, By End User, 2016 vs 2021
Figure 12 Geographical Snapshot of the Process Analytical Technology Market
Figure 13 Market to Witness A High, Double-Digit Growth Rate During the Forecast Period
Figure 14 Spectroscopy Segment Dominated the Technique Market in 2016
Figure 15 Analyzers Segment to Account for the Largest Market Share in 2016
Figure 16 Pharmaceutical Manufacturers to Dominate the Process Analytical Technology Market in 2016
Figure 17 Asia-Pacific to Register the Highest CAGR in the Forecast Period
Figure 18 Market Drivers, Restraints, Opportunities, and Challenge
Figure 19 Spectroscopy Segment to Account for the Largest Market Share in 2016
Figure 20 Process Analytical Technology in API Production
Figure 21 Process Analytical Technology in Biotech Processes
Figure 22 Products Segment to Account for the Largest Market Share in 2016
Figure 23 Asia-Pacific to Grow at the Highest Rate During the Forecast Period
Figure 24 North America Market Snapshot
Figure 25 Asia-Pacific: Process Analytical Technology Market Snapshot
Figure 26 Key Growth Strategies Adopted By Leading Players in the Process Analytical Technology Market, 2013-2016
Figure 27 Battle for Market Share: Product Launches-The Most Widely Adopted Strategy Between 2014 & 2016
Figure 28 Geographic Revenue Mix of the Top Five Market Players
Figure 29 Thermo Fisher Scientific Inc.: Company Snapshot (2015)
Figure 30 Agilent Technologies, Inc.: Company Snapshot (2015)
Figure 31 Danaher Corporation: Company Snapshot (2015)
Figure 32 Bruker Corporation: Company Snapshot (2015)
Figure 33 Perkinelmer, Inc.: Company Snapshot (2015)
Figure 34 ABB Ltd.: Company Snapshot (2015)
Figure 35 Carl Zeiss AG: Company Snapshot (2016)
Figure 36 Emerson Electric Co.: Company Snapshot (2016)
Figure 37 Mettler-Toledo International Inc.: Company Snapshot (2015)
Figure 38 Shimadzu Corporation: Company Snapshot (2015)
Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • ABB Ltd.
  • Agilent Technologies, Inc.
  • Bruker Corporation
  • Carl Zeiss AG (Zeiss Group)
  • Danaher Corporation (Ab Sciex LLC)
  • Emerson Electric Co.
  • Mettler-Toledo International Inc.
  • Perkinelmer, Inc.
  • Shimadzu Corporation
  • Thermo Fisher Scientific Inc.
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll