출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2022년10월
공정 분석 기술(Process Analytical Technology) 시장 : 기술(분광법, 크로마토그래피), 측정(온라인, 인라인, 앳라인), 제품 및 서비스(분석기, 프로브, 센서), 최종 사용자(제약 제조사, CRO, CDMO) – 2027년까지의 세계 예측
Process Analytical Technology Market, by Technology (Spectroscopy, Chromatography), Measurement (On-line, In-line, At-line), Product & Service (Analyzers, Probes, Sensors), End User (Pharmaceutical Manufacturers, CROs, CDMO)-Global Forecast to 2027
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| 구성 | 영문조사보고서 |
| 가격 |
The global process analytical technology market is projected to reach USD 6.1 billion by 2027 from USD 3.2 billion in 2022, at a CAGR of 13.8% during the forecast period of 2022 to 2027. growing number of pharmaceutical & biopharmaceutical R&D activities and technological advancements resulting in process optimization are the key factors driving the growth of the market. However, shortage of skilled professionals and high cost for PAT deployment are hindering the market growth.
세계 공정 분석 기술 시장은 2022년부터 2027년까지의 예측 기간 동안 13.8%의 CAGR로 2022년 32억 달러에서 2027년 61억 달러에 이를 것으로 예상됩니다. 공정 최적화는 시장 성장을 이끄는 핵심 요소입니다. 그러나 숙련된 전문가의 부족과 PAT 배치에 대한 높은 비용이 시장 성장을 방해하고 있습니다.
“The spectroscopy segment to hold the largest share of the market in 2022”
Based on the type of technology, the global PAT market has been classified into five major segments—spectroscopy, chromatography, particle size analysis, capillary electrophoresis, and other technologies. By technology, spectroscopy to hold major market share in 2022. The higher adoption of molecular spectroscopy technologies such as Near Infrared (NIR) spectroscopy, Fourier Transform Infrared (FTIR) spectroscopy, Raman spectroscopy, and Nuclear Magnetic Resonance (NMR) spectroscopy in the quality assessment of pharmaceutical drugs is a major factor contributing to the growth of this segment.
“The services segment is projected to register the highest CAGR during the forecast period”
Process analytical technology services are offered to end users for better implementation of the Quality by Design (QbD) framework. These services include consulting on PAT adoption and software services, regulatory framework, and process management. The services segment is expected to grow with the fastest growth rate, owing to the increasing demand for consulting and software services required for developing PAT models and implementing PAT strategies in the pharmaceutical manufacturing process.
“In terms of application, small-molecule segment held the largest share of the market in 2021”
Based on application, the process analytical technology market is broadly segmented into small molecules, large molecules, manufacturing applications, and other applications. The small-molecule segment commanded the largest share of the market in 2021. Stringent drug development and safety guidelines to improve the efficiency and effectiveness of the pharmaceutical manufacturing process, growing pharmaceutical research activities, and growth in pharmaceutical production to meet the rising demand for medicines are the major factors driving the growth of the segment.
“The market in the APAC region is expected to witness the highest growth during the forecast period.”
China, India, and Japan are the key markets in the Asia Pacific. 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.
A breakdown of the primary participants referred to for this report is provided below:
• By Company Type: Tier 1–30%, Tier 2–42%, and Tier 3– 28%
• By Designation: C-level–10%, Managers–76%, and Others–14%
• By Region: North America–40%, Europe–30%, Asia Pacific–22%, Latin America–6%, and the Middle East & Africa–2%
The prominent players in the process analytical technology market are Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US), Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Waters Corporation (US), Bruker Corporation (US), Emerson Electric Co. (US), ABB Ltd. (Switzerland), PerkinElmer, Inc. (US), Mettler-Toledo International Inc. (US), and Carl Zeiss AG (Germany), among others.
Research Coverage
This report studies the process analytical technology market based on technology, measurement, product & service, application, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).
Reasons to Buy the Report
The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.
This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the process analytical technology market
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the process analytical technology market
• Market Development: Comprehensive information on lucrative emerging regions
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the process analytical technology market
• Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.
목차
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 26
1.3 STUDY SCOPE 27
FIGURE 1 MARKETS COVERED 27
1.4 YEARS CONSIDERED 27
1.5 CURRENCY CONSIDERED 28
1.6 STAKEHOLDERS 28
1.7 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 PROCESS ANALYTICAL TECHNOLOGY MARKET: RESEARCH DESIGN METHODOLOGY 29
2.1.1 SECONDARY DATA 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Primary sources 31
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 32
FIGURE 4 BREAKDOWN OF PRIMARIES: PROCESS ANALYTICAL TECHNOLOGY MARKET 32
2.2 MARKET SIZE ESTIMATION 33
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 33
2.2.1 BOTTOM-UP APPROACH 34
2.2.1.1 Approach 1: Company revenue estimation approach 34
2.2.1.2 Approach 2: Customer-based market estimation 34
FIGURE 6 BOTTOM-UP APPROACH FOR MARKET SIZE ESTIMATION 35
2.2.1.3 Growth forecast 35
FIGURE 7 CAGR PROJECTIONS: SUPPLY SIDE ANALYSIS 36
2.2.2 PRIMARY RESEARCH VALIDATION 36
2.3 DATA TRIANGULATION 36
FIGURE 8 DATA TRIANGULATION 37
2.4 RESEARCH ASSUMPTIONS 38
2.5 RISK ASSESSMENT 38
2.5.1 RISK ASSESSMENT: PROCESS ANALYTICAL TECHNOLOGY MARKET 38
3 EXECUTIVE SUMMARY 39
FIGURE 9 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2022 VS. 2027 (USD MILLION) 39
FIGURE 10 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2022 VS. 2027 (USD MILLION) 40
FIGURE 11 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 40
FIGURE 12 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2022 VS. 2027 (USD MILLION) 41
FIGURE 13 PROCESS ANALYTICAL MARKET: GEOGRAPHIC MARKET SNAPSHOT 42
4 PREMIUM INSIGHTS 43
4.1 PROCESS ANALYTICAL TECHNOLOGY MARKET OVERVIEW 43
FIGURE 14 GROWING HEALTHCARE SPENDING BY PHARMACEUTICAL & BIOPHARMACEUTICAL FIRMS TO DRIVE MARKET 43
4.2 PROCESS ANALYTICAL TECHNOLOGY MARKET SHARE, BY TECHNOLOGY 2022 VS. 2027 44
FIGURE 15 SPECTROSCOPY SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 44
4.3 PROCESS ANALYTICAL TECHNOLOGY MARKET: BY REGION AND TECHNOLOGY 44
FIGURE 16 SPECTROSCOPY SEGMENT OF APAC MARKET ACCOUNTED FOR LARGEST SHARE IN 2022 44
4.4 PROCESS ANALYTICAL TECHNOLOGY MARKET: BY REGION AND APPLICATION 45
FIGURE 17 SMALL MOLECULES SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE IN NORTH AMERICA DURING FORECAST PERIOD 45
4.5 GEOGRAPHICAL SNAPSHOT OF PROCESS ANALYTICAL TECHNOLOGY MARKET 45
FIGURE 18 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 45
5 MARKET OVERVIEW 46
5.1 MARKET DYNAMICS 46
FIGURE 19 PROCESS ANALYTICAL TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 46
5.1.1 DRIVERS 47
5.1.1.1 Growing pharmaceutical industry & increasing R&D investments by biopharmaceutical firms 47
5.1.1.2 Government regulations on drug safety 48
5.1.1.3 Rising need for quality improvements in manufacturing processes 48
5.1.1.4 Technological advancements in analytical devices 49
TABLE 1 TECHNOLOGICAL ADVANCEMENTS AND PRODUCT LAUNCHES IN PAT MARKET 49
5.1.2 RESTRAINTS 49
5.1.2.1 High cost of PAT deployment 49
5.1.3 OPPORTUNITIES 50
5.1.3.1 Emerging markets 50
5.1.3.2 Growing adoption of analytical instruments in biopharmaceutical processes 50
5.1.4 CHALLENGES 51
5.1.4.1 Shortage of skilled professionals 51
5.2 CURRENT TRENDS 52
5.2.1 OUTSOURCING SERVICES TO CONTRACT MANUFACTURING ORGANIZATIONS 52
5.2.2 ADOPTION OF QUALITY BY DESIGN (QBD) PRINCIPLES 52
5.2.3 EMERGENCE OF IOT AND CLOUD-BASED TECHNOLOGY IN PRODUCTION PROCESSES 53
5.3 REGULATORY LANDSCAPE 53
5.3.1 US 53
5.3.2 EUROPE 54
5.3.3 ASIA PACIFIC 54
5.3.4 REST OF THE WORLD 54
5.4 PRICING ANALYSIS 55
TABLE 2 PRICING TREND ANALYSIS OF MAJOR PAT TECHNOLOGIES, 2020 (USD THOUSAND) 55
5.5 VALUE CHAIN ANALYSIS 55
5.5.1 RESEARCH & DEVELOPMENT 55
5.5.2 PROCUREMENT AND PRODUCT DEVELOPMENT 55
5.5.3 MARKETING, SALES & DISTRIBUTION, AND POST-SALES SERVICES 56
FIGURE 20 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED DURING MANUFACTURING PHASE 56
5.6 SUPPLY CHAIN ANALYSIS 56
5.6.1 PROMINENT COMPANIES 56
5.6.2 SMALL & MEDIUM-SIZED ENTERPRISES 56
5.6.3 END USERS 56
TABLE 3 SUPPLY CHAIN ECOSYSTEM 57
FIGURE 21 SUPPLY CHAIN ANALYSIS 58
5.7 PROCESS ANALYTICAL TECHNOLOGY MARKET: ECOSYSTEM MAP 58
5.8 PATENT DETAILS 59
5.8.1 PATENT DETAILS: PROCESS ANALYTICAL TECHNOLOGY 59
FIGURE 22 PATENT DETAILS FOR PROCESS ANALYTICAL TECHNOLOGY (JANUARY 2012– SEPTEMBER 2022) 59
5.8.2 PATENT DETAILS: CHROMATOGRAPHY 60
FIGURE 23 PATENT DETAILS FOR CHROMATOGRAPHY (JANUARY 2012–SEPTEMBER 2022) 60
5.8.3 PATENT DETAILS: SPECTROSCOPY 61
FIGURE 24 PATENT DETAILS FOR SPECTROSCOPY (JANUARY 2012–SEPTEMBER 2022) 61
5.9 TRADE ANALYSIS 62
5.9.1 TRADE ANALYSIS: CHROMATOGRAPHY SYSTEMS 62
TABLE 4 IMPORT DATA FOR CHROMATOGRAPHY SYSTEMS (HS CODE 902720) BY COUNTRY, 2017–2021 (USD) 62
TABLE 5 EXPORT DATA FOR CHROMATOGRAPHY SYSTEMS (HS CODE 902720) BY COUNTRY, 2017–2021 (USD) 62
5.9.2 TRADE ANALYSIS: SPECTROMETERS & SPECTROPHOTOMETERS 63
TABLE 6 IMPORT DATA FOR SPECTROMETERS & SPECTROPHOTOMETERS (HS CODE 902730) BY COUNTRY, 2017–2021 (USD) 63
TABLE 7 EXPORT DATA FOR SPECTROMETERS & SPECTROPHOTOMETERS (HS CODE 902730) BY COUNTRY, 2017–2021 (USD) 63
6 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY 64
6.1 INTRODUCTION 65
TABLE 8 PROCESS ANALYTICAL MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 65
6.2 SPECTROSCOPY 65
TABLE 9 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 66
TABLE 10 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 66
6.2.1 MOLECULAR SPECTROSCOPY 67
6.2.1.1 Stringent regulatory guidelines for drug development & safety to drive segment growth 67
TABLE 11 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 67
TABLE 12 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 68
TABLE 13 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY MEASUREMENT, 2020–2027 (USD MILLION) 68
TABLE 14 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 68
TABLE 15 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY APPLICATION, 2020–2027 (USD MILLION) 69
6.2.1.2 Raman Spectroscopy 69
6.2.1.2.1 Growing adoption across various industries to drive segment growth 69
TABLE 16 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR RAMAN SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 70
6.2.1.3 Infrared Spectroscopy (IR) 70
6.2.1.3.1 Rising technological advancements to support segment growth 70
TABLE 17 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR INFRARED SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 71
6.2.1.4 Other Molecular Spectroscopy 71
TABLE 18 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER MOLECULAR SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 73
6.2.2 MASS SPECTROMETRY 73
6.2.2.1 Growing demand for dual mass analyzers to drive segment growth 73
TABLE 19 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MASS SPECTROMETRY, BY REGION, 2020–2027 (USD MILLION) 74
TABLE 20 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MASS SPECTROMETRY, BY MEASUREMENT, 2020–2027 (USD MILLION) 74
TABLE 21 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MASS SPECTROMETRY, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 74
TABLE 22 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MASS SPECTROMETRY, BY APPLICATION, 2020–2027 (USD MILLION) 75
6.2.3 ATOMIC SPECTROSCOPY 75
6.2.3.1 Wide applications in drug research to drive market 75
TABLE 23 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ATOMIC SPECTROSCOPY, BY REGION, 2020–2027 (USD MILLION) 76
TABLE 24 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ATOMIC SPECTROSCOPY, BY MEASUREMENT, 2020–2027 (USD MILLION) 76
TABLE 25 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ATOMIC SPECTROSCOPY, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 76
TABLE 26 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ATOMIC SPECTROSCOPY, BY APPLICATION, 2020–2027 (USD MILLION) 77
6.3 CHROMATOGRAPHY 77
TABLE 27 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 78
TABLE 28 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY REGION, 2020–2027 (USD MILLION) 78
6.3.1 LIQUID CHROMATOGRAPHY (LC) SYSTEMS 78
6.3.1.1 High adoption of HPLC systems in analytical & preparative analytical applications to support market growth 78
TABLE 29 DIFFERENTIATION OF LIQUID CHROMATOGRAPHY SYSTEMS 79
TABLE 30 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR LIQUID CHROMATOGRAPHY SYSTEMS, BY REGION, 2020–2027 (USD MILLION) 79
TABLE 31 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR LIQUID CHROMATOGRAPHY SYSTEMS, BY MEASUREMENT, 2020–2027 (USD MILLION) 80
TABLE 32 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR LIQUID CHROMATOGRAPHY SYSTEMS, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 80
TABLE 33 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR LIQUID CHROMATOGRAPHY SYSTEMS, BY APPLICATION, 2020–2027 (USD MILLION) 80
6.3.2 GAS CHROMATOGRAPHY (GC) SYSTEMS 81
6.3.2.1 Increasing utilization of miniaturized GC systems in production plants to support segment growth 81
TABLE 34 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR GAS CHROMATOGRAPHY SYSTEMS, BY REGION, 2020–2027 (USD MILLION) 81
TABLE 35 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR GAS CHROMATOGRAPHY SYSTEMS, BY MEASUREMENT, 2020–2027 (USD MILLION) 82
TABLE 36 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR GAS CHROMATOGRAPHY SYSTEMS, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 82
TABLE 37 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR GAS CHROMATOGRAPHY SYSTEMS, BY APPLICATION, 2020–2027 (USD MILLION) 82
6.3.3 OTHER CHROMATOGRAPHY SYSTEMS 83
TABLE 38 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER CHROMATOGRAPHY SYSTEMS, BY REGION, 2020–2027 (USD MILLION) 83
TABLE 39 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER CHROMATOGRAPHY SYSTEMS, BY MEASUREMENT, 2020–2027 (USD MILLION) 84
TABLE 40 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER CHROMATOGRAPHY SYSTEMS, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 84
TABLE 41 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER CHROMATOGRAPHY SYSTEMS, BY APPLICATION, 2020–2027 (USD MILLION) 84
6.4 PARTICLE SIZE ANALYSIS 85
6.4.1 RISING NEED FOR QUALITY DRUGS WITH FEWER SIDE EFFECTS TO SUPPORT MARKET ADOPTION 85
TABLE 42 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR PARTICLE SIZE ANALYSIS, BY REGION, 2020–2027 (USD MILLION) 85
TABLE 43 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR PARTICLE SIZE ANALYSIS, BY MEASUREMENT, 2020–2027 (USD MILLION) 86
TABLE 44 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR PARTICLE SIZE ANALYSIS, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 86
TABLE 45 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR PARTICLE SIZE ANALYSIS, BY APPLICATION, 2020–2027 (USD MILLION) 86
6.5 CAPILLARY ELECTROPHORESIS 87
6.5.1 COMPLETE AUTOMATION AND HIGH EFFICIENCY & RESOLUTION TO DRIVE MARKET 87
TABLE 46 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CAPILLARY ELECTROPHORESIS, BY REGION, 2020–2027 (USD MILLION) 87
TABLE 47 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CAPILLARY ELECTROPHORESIS, BY MEASUREMENT, 2020–2027 (USD MILLION) 88
TABLE 48 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CAPILLARY ELECTROPHORESIS, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 88
TABLE 49 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CAPILLARY ELECTROPHORESIS, BY APPLICATION, 2020–2027 (USD MILLION) 88
6.6 OTHER TECHNOLOGIES 89
TABLE 50 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2020–2027 (USD MILLION) 89
TABLE 51 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER TECHNOLOGIES, BY MEASUREMENT, 2020–2027 (USD MILLION) 90
TABLE 52 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER TECHNOLOGIES, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 90
TABLE 53 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER TECHNOLOGIES, BY APPLICATION, 2020–2027 (USD MILLION) 90
7 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE 91
7.1 INTRODUCTION 92
TABLE 54 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 92
7.2 PRODUCT 92
TABLE 55 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 93
TABLE 56 PROCESS ANALYTICAL TECHNOLOGY MARKET BY REGION, 2020–2027 (USD MILLION) 93
7.2.1 ANALYZERS 93
7.2.1.1 Rising technological advancements to support segment growth 93
TABLE 57 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ANALYZERS, BY REGION, 2020–2027 (USD MILLION) 94
7.2.2 SENSORS AND PROBES 94
7.2.2.1 Automated and high turnaround time to support market adoption 94
TABLE 58 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SENSORS AND PROBES, BY REGION, 2020–2027 (USD MILLION) 95
7.2.3 SAMPLERS 95
7.2.3.1 Accuracy and high reproducibility to drive market 95
TABLE 59 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SAMPLERS, BY REGION, 2020–2027 (USD MILLION) 96
7.3 SERVICES 96
7.3.1 MANDATORY IMPLEMENTATION OF PAT FRAMEWORK IN PHARMACEUTICAL COMPANIES TO SUPPORT MARKET GROWTH 96
TABLE 60 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SERVICES, BY REGION, 2020–2027 (USD MILLION) 97
8 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION 98
8.1 INTRODUCTION 99
TABLE 61 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 99
8.2 SMALL MOLECULES 99
8.2.1 RISING NUMBER OF STARTUPS FOCUSING ON SMALL-MOLECULE DRUG DEVELOPMENT TO DRIVE MARKET 99
TABLE 62 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SMALL MOLECULES, BY TYPE, 2020–2027 (USD MILLION) 100
8.2.2 MANUFACTURING QC/QA 100
8.2.2.1 API manufacturing process widely utilizes chromatography techniques 100
TABLE 63 SMALL MOLECULES PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MANUFACTURING QC/QC, BY REGION, 2020–2027 (USD MILLION) 100
8.2.3 DRUG DISCOVERY & DEVELOPMENT 101
8.2.3.1 Rising focus of pharma companies on novel API development to support segment growth 101
TABLE 64 SMALL MOLECULES PROCESS ANALYTICAL TECHNOLOGY MARKET FOR DRUG DISCOVERY & DEVELOPMENT, BY REGION, 2020–2027 (USD MILLION) 101
8.3 LARGE MOLECULES 102
8.3.1 INCREASING R&D ACTIVITIES IN PHARMACEUTICAL & BIOPHARMACEUTICAL COMPANIES TO DRIVE MARKET 102
TABLE 65 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR LARGE MOLECULES, BY TYPE, 2020–2027 (USD MILLION) 102
8.3.2 MANUFACTURING QC/QA 102
8.3.2.1 Growing applications of IR spectroscopy in biologics manufacturing to support segment growth 102
TABLE 66 LARGE MOLECULES PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MANUFACTURING QC/QC, BY REGION, 2020–2027 (USD MILLION) 103
8.3.3 DRUG DISCOVERY & DEVELOPMENT 103
8.3.3.1 Rapid growth in biologics to support segment growth 103
TABLE 67 LARGE MOLECULES PROCESS ANALYTICAL TECHNOLOGY MARKET FOR DRUG DISCOVERY & DEVELOPMENT, BY REGION, 2020–2027 (USD MILLION) 104
8.4 MANUFACTURING APPLICATIONS 104
8.4.1 UNTAPPED OPPORTUNITIES IN PETROLEUM & CHEMICAL MANUFACTURING INDUSTRIES TO DRIVE MARKET 104
TABLE 68 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MANUFACTURING APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 105
8.5 OTHER APPLICATIONS 105
TABLE 69 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OTHER APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 105
9 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT 106
9.1 INTRODUCTION 107
TABLE 70 COMPARISON BETWEEN MEASUREMENT METHODS IN PAT 107
TABLE 71 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 107
9.2 ON-LINE MEASUREMENT 108
9.2.1 MOST PREFERRED METHOD OWING TO HIGH CONSISTENCY AND ACCURACY 108
TABLE 72 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR ON-LINE MEASUREMENT, BY REGION, 2020–2027 (USD MILLION) 108
9.3 IN-LINE MEASUREMENT 109
9.3.1 SHORTER TURNAROUND TIME TO DRIVE SEGMENT GROWTH 109
TABLE 73 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR IN-LINE MEASUREMENT, BY REGION, 2020–2027 (USD MILLION) 109
9.4 AT-LINE MEASUREMENT 110
9.4.1 DETECTION OF MOISTURE CONTENT IN POWDERED PHARMACEUTICAL FORMULATIONS TO SUPPORT SEGMENT GROWTH 110
TABLE 74 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR AT-LINE MEASUREMENT, BY REGION, 2020–2027 (USD MILLION) 110
9.5 OFF-LINE MEASUREMENT 111
9.5.1 HIGH TURNAROUND TIME TO RESTRAIN SEGMENT GROWTH 111
TABLE 75 PROCESS ANALYTICAL TECHNOLOGY MARKET FOR OFF-LINE MEASUREMENT, BY REGION, 2020–2027 (USD MILLION) 111
10 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY REGION 112
10.1 INTRODUCTION 113
TABLE 76 PROCESS ANALYTICAL TECHNOLOGY MARKET, BY REGION, 2020–2027 (USD MILLION) 113
10.2 NORTH AMERICA 114
10.2.1 STRINGENT DRUG DEVELOPMENT REGULATIONS AND PRESENCE OF PHARMA & BIOPHARMA COMPANIES TO DRIVE MARKET 114
FIGURE 25 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET SNAPSHOT 115
TABLE 77 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 116
TABLE 78 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 116
TABLE 79 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 116
TABLE 80 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 117
TABLE 81 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 117
TABLE 82 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 117
TABLE 83 NORTH AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 118
10.3 EUROPE 118
10.3.1 SIGNIFICANT INVESTMENTS IN API MANUFACTURING TO FUEL DEMAND FOR PAT INSTRUMENTS 118
TABLE 84 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 119
TABLE 85 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 120
TABLE 86 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 120
TABLE 87 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 120
TABLE 88 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 121
TABLE 89 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 121
TABLE 90 EUROPE: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
10.4 ASIA PACIFIC 122
10.4.1 FAVORABLE GOVERNMENT POLICIES AND INCREASING FOREIGN INVESTMENTS TO DRIVE MARKET 122
FIGURE 26 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET SNAPSHOT 124
TABLE 91 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 125
TABLE 92 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 93 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 94 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 126
TABLE 95 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 126
TABLE 96 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 126
TABLE 97 ASIA PACIFIC: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 127
10.5 LATIN AMERICA 127
10.5.1 GROWING BIOPHARMACEUTICAL & PHARMACEUTICAL INDUSTRY TO DRIVE MARKET 127
TABLE 98 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 128
TABLE 99 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 100 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 129
TABLE 101 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 129
TABLE 102 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 129
TABLE 103 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 130
TABLE 104 LATIN AMERICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 130
10.6 MIDDLE EAST & AFRICA 130
10.6.1 RISING GOVERNMENT HEALTHCARE SPENDING TO DRIVE MARKET 130
TABLE 105 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 131
TABLE 106 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 107 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR MOLECULAR SPECTROSCOPY, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 108 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET FOR CHROMATOGRAPHY, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 109 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY MEASUREMENT, 2020–2027 (USD MILLION) 133
TABLE 110 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 133
TABLE 111 MIDDLE EAST & AFRICA: PROCESS ANALYTICAL TECHNOLOGY MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 133
11 COMPETITIVE LANDSCAPE 134
11.1 OVERVIEW 134
11.2 KEY PLAYER STRATEGIES 134
11.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN PAT MARKET 134
11.3 REVENUE SHARE ANALYSIS 135
FIGURE 27 REVENUE SHARE ANALYSIS OF TOP PLAYERS IN PAT MARKET 135
11.4 PROCESS ANALYTICAL TECHNOLOGY MARKET: MARKET SHARE ANALYSIS OF KEY PLAYERS (2021) 136
TABLE 112 PROCESS ANALYTICAL TECHNOLOGY MARKET: DEGREE OF COMPETITION 136
11.5 COMPETITIVE LEADERSHIP MAPPING 138
11.5.1 STARS 138
11.5.2 EMERGING LEADERS 138
11.5.3 PERVASIVE PLAYERS 138
11.5.4 PARTICIPANTS 138
FIGURE 28 PROCESS ANALYTICAL TECHNOLOGY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR KEY PLAYERS (2021) 139
11.6 COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2021) 140
11.6.1 PROGRESSIVE COMPANIES 140
11.6.2 STARTING BLOCKS 140
11.6.3 RESPONSIVE COMPANIES 140
11.6.4 DYNAMIC COMPANIES 140
FIGURE 29 PROCESS ANALYTICAL TECHNOLOGY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2021) 141
11.7 COMPETITIVE BENCHMARKING 142
TABLE 113 PROCESS ANALYTICAL TECHNOLOGY MARKET: PRODUCT & GEOGRAPHIC FOOTPRINT ANALYSIS OF TOP PLAYERS 142
TABLE 114 COMPANY TECHNOLOGY FOOTPRINT 142
TABLE 115 COMPANY GEOGRAPHICAL FOOTPRINT 143
11.8 COMPETITIVE SITUATION AND TRENDS 144
TABLE 116 PRODUCT LAUNCHES 144
TABLE 117 DEALS 145
TABLE 118 OTHER DEVELOPMENTS 146
12 COMPANY PROFILES 147
12.1 KEY PLAYERS 147
(Business overview, Products offered, Recent Developments, MNM view)*
12.1.1 THERMO FISHER SCIENTIFIC INC. 147
TABLE 119 THERMO FISHER SCIENTIFIC INC: COMPANY OVERVIEW 147
FIGURE 30 THERMO FISHER SCIENTIFIC INC: COMPANY SNAPSHOT (2021) 148
12.1.2 AGILENT TECHNOLOGIES, INC. 153
TABLE 120 AGILENT TECHNOLOGIES, INC: COMPANY OVERVIEW 153
FIGURE 31 AGILENT TECHNOLOGIES, INC: COMPANY SNAPSHOT (2021) 154
12.1.3 DANAHER CORPORATION (AB SCIEX LLC) 158
TABLE 121 DANAHER CORPORATION: COMPANY OVERVIEW 158
FIGURE 32 DANAHER CORPORATION: COMPANY SNAPSHOT (2021) 159
12.1.4 WATERS CORPORATION 162
TABLE 122 WATERS CORPORATION: COMPANY OVERVIEW 162
FIGURE 33 WATERS CORPORATION: COMPANY SNAPSHOT 163
12.1.5 BRUKER CORPORATION 166
TABLE 123 BRUKER CORPORATION: COMPANY OVERVIEW 166
FIGURE 34 BRUKER CORPORATION: COMPANY SNAPSHOT (2021) 167
12.1.6 PERKINELMER, INC. 170
TABLE 124 PERKINELMER, INC: COMPANY OVERVIEW 170
FIGURE 35 PERKINELMER, INC: COMPANY SNAPSHOT (2021) 171
12.1.7 CARL ZEISS AG (ZEISS GROUP) 174
TABLE 125 CARL ZEISS AG: COMPANY OVERVIEW 174
FIGURE 36 CARL ZEISS AG: COMPANY SNAPSHOT (2021) 175
12.1.8 EMERSON ELECTRIC CO. 176
TABLE 126 EMERSON ELECTRIC: COMPANY OVERVIEW 176
FIGURE 37 EMERSON ELECTRIC CO: COMPANY SNAPSHOT (2021) 177
12.1.9 METTLER-TOLEDO INTERNATIONAL INC. 179
TABLE 127 METTLER-TOLEDO INTERNATIONAL INC: COMPANY OVERVIEW 179
FIGURE 38 METTLER-TOLEDO INTERNATIONAL INC: COMPANY SNAPSHOT (2021) 180
12.1.10 SHIMADZU CORPORATION 182
TABLE 128 SHIMADZU CORPORATION: COMPANY OVERVIEW 182
FIGURE 39 SHIMADZU CORPORATION: COMPANY SNAPSHOT (2021) 183
12.1.11 ABB 187
TABLE 129 ABB: COMPANY OVERVIEW 187
FIGURE 40 ABB: COMPANY SNAPSHOT (2021) 188
12.1.12 SARTORIUS AG 190
TABLE 130 SARTORIUS AG: COMPANY OVERVIEW 190
FIGURE 41 SARTORIUS AG: COMPANY SNAPSHOT (2021) 191
12.1.13 PROCESS INSIGHTS INC. 193
TABLE 131 PROCESS INSIGHTS INC: COMPANY OVERVIEW 193
12.1.14 MERCK KGAA 195
TABLE 132 MERCK KGAA: COMPANY OVERVIEW 195
FIGURE 42 MERCK: COMPANY SNAPSHOT (2021) 196
12.1.15 VERUM ANALYTICS, LLC 198
TABLE 133 VERUM ANALYTICS: COMPANY OVERVIEW 198
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS 199
12.2.1 HAMILTON COMPANY: COMPANY OVERVIEW 199
12.2.2 VIAVI SOLUTIONS: COMPANY OVERVIEW 199
12.2.3 ENDRESS+HAUSER: COMPANY OVERVIEW 200
12.2.4 METROHM: COMPANY OVERVIEW 200
12.2.5 CONTROL DEVELOPMENT: COMPANY OVERVIEW 201
13 APPENDIX 202
13.1 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 206
13.2 CUSTOMIZATION OPTIONS 208
13.3 RELATED REPORTS 208
13.4 AUTHOR DETAILS 209
