Market Analysis and Insights: Global Process Analytical Technology Market
Process analytical technology (PAT) has been defined as a mechanism to design, analyze, and control pharmaceutical manufacturing processes through the measurement of Critical Process Parameters (CPP) which affect Critical Quality Attributes (CQA).
The global Process Analytical Technology market size is projected to reach US$ 3569.4 million by 2028, from US$ 2112.7 million in 2021, at a CAGR of 7.3% during 2022-2028.
North America is expected to account for the largest share of the market in 2018. Regulatory compliance encouraging the use of PAT and presence of a large number of market players are propelling the growth of the North American market. However, the Asia-Pacific region is estimated to witness the highest growth during the forecast period. In recent years, the Asia-Pacific market for process analytical technology is witnessing significant growth owing to the rising government funding in the biotechnology industry, increasing number of contract research and manufacturing organizations, and increasing focus of international players in emerging markets.
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Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Process Analytical Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Process Analytical Technology market.
Global Process Analytical Technology Scope and Market Size
Process Analytical Technology market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Process Analytical Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Spectroscopy
Chromatography
Particle Size Analysis
Capillary Electrophoresis
Others
Segment by Application
Pharmaceutical Manufacturers
Biopharmaceutical Manufacturers
Contract Research and Manufacturing Organizations
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Thermo Fisher
Agilent
Danaher
Bruker
Perkinelmer
ABB
Carl Zeiss
Emerson Electric
Mettler-Toledo International
Shimadzu