Europe Biopharmaceutical Processing Equipment and Consumables Market to be Worth $25.02 Billion by 2030

Europe Biopharmaceutical Processing Equipment and Consumables Market by Product Type {Filtration, Chromatography [Consumables, Equipment], Disposable Bioreactors, Cell Culture Media, Shakers, Services), Application (Vaccine, mAb, R&D), and End User – Forecast to 2030

The Europe Biopharmaceutical Processing Equipment and Consumables Market is expected to grow at a CAGR of 9.7% from 2023 to 2030 to reach $25.02 billion by 2030. The growth of this market is driven by factors such as the growth of the biopharmaceuticals market, capacity expansions of biopharmaceutical plants, and the growing adoption of single-use bioprocessing equipment. However, biopharmaceuticals' complex development and manufacturing process restrain the market’s growth.

Furthermore, the shift towards Bioprocessing 4.0 and the rising adoption of personalized medicine are expected to offer significant market growth opportunities. The intensive capital requirements for biopharmaceutical production pose a major challenge to the market’s growth. The trends for the Europe biopharmaceutical processing equipment and consumables market are the use of disposable processing equipment for commercial production and rising focus on continuous bioprocessing.

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