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Separation Systems for Commercial Biotechnology

Global commercial biotechnology separation systems market: $27.8 billion industry forecast by 2018

The global commercial biotechnology separation systems market was valued at $16 billion in 2012 and is expected to reach $17.1 billion during 2013. It is forecast that the market will reach nearly $27.8 billion by the end of 2018, registering a compound annual growth rate (CAGR) of 10.1% between 2012 and 2018.

As an application of commercial biotechnology, protein separation systems are playing an increasingly important role in new biopharmaceutical development. Protein separation systems do not require U.S. Food and Drug Administration (FDA) approval, but the products produced from these processes do, and they must be produced in accordance with FDA good manufacturing practices (GMP) guidelines. Thus, separation processes and equipment such as protein microarrays, lab-on-a-chip, biochips, DNA microarrays, flow cytometry and magnetic separation must pass FDA audits of the manufacturing process.

The biomolecule separation market is positioned for significant growth in the next five years. This is due to new protein and other biomolecule products that will require separation technology, as well as new innovations in the technology itself. The development of proteins as biotherapeutic agents against a number of human diseases by the biomedical and pharmaceutical industry is helping the industry achieve a higher growth rate. The recognition of this technology in emerging markets such as Japan and the Pacific Rim countries is also expected to contribute to further growth. In addition, continued global growth is expected to accrue as a result of the growing middle class in countries such as India, China, Brazil and Russia.

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