Product Code: BHD1215SA
“Global Digital Biomanufacturing Market to Reach $55,564.9 Million by 2031.”
Market Report Coverage - Digital Biomanufacturing
Market Segmentation
- By Technology Type - Process Analytical Technologies, Data Analytics Software, AI and IoMT Solutions, Predictive Analytics and Digital Twin Technologies and Others
- By End-User - Biopharmaceutical Companies and Academic and Research Institutes
- By Application - Bioprocess Optimization and Process Analytics, Biomanufacturing Process Automation and Control and Flexible Manufacturing
- By Region - North America, Europe, Asia-Pacific and Rest-of-the-World
Regional Segmentation
- North America - U.S. and Canada
- Europe - Germany, U.K., Spain, Italy, France, and Rest-of-Europe
- Asia-Pacific - Japan, China, South Korea, India, Australia and New Zealand, and Rest-of-Asia-Pacific
- Rest-of-the-World- Latin America and Middle East and Africa
Market Growth Drivers
- Rising Automation Process in Various Industries
- Rising Focus on Process Efficiency and Flexibility in Manufacturing
- Shift Toward Digitalization and Biomanufacturing in the Healthcare Industry
Market Challenges
- Lack of Technology Adoption and Awareness Leading to Low Return-of-Investments
- Lack of Data Security in Biomanufacturing Settings
Market Opportunities
- Increased Demand for Biologics
Key Companies Profiled
Atos SE, Agilent Technologies Inc., Danaher Corporation, Donaldson Company, Inc., Emerson Electric Co., General Electric Company, Honeywell International Inc., SAP SE, Siemens Healthineers AG, Bota Biosciences, Culture Biosciences, e-matica srl, Exponential Genomics, Inc., FabricNano, OVO Biomanufacturing, Symphony Innovation, LLC.
How This Report Can Add Value
Assuming that the reader is a developer of digital biomanufacturing technologies, they will be able to do the following:
- Understand their position as compared to some of the key players in the market
- Stay updated with novel technology integration, features, and the latest developments in the market
- Understand the impact of COVID-19 on the adoption of digital biomanufacturing technologies and the entry barriers as a result of it
- Gain insights into which regions to target globally
- Gain insights into the end-user perception concerning the adoption of digital biomanufacturing technologies
- Identify some of the key players in the market and understand their valuable contribution
Key Questions Answered in the Global Digital Biomanufacturing Market Report
- How has COVID-19 impacted the growth of the global digital biomanufacturing market?
- What are the key regulations governing the digital biomanufacturing market in key regions?
- What technological developments are projected to have the maximum influence on the global digital biomanufacturing market?
- Who are the leading players holding significant dominance in the global digital biomanufacturing market?
- What are some of the growth opportunities which market players can capitalize on?
- What are the drivers and restraints for the global digital biomanufacturing market?
- Which region has the highest growth rate in the digital biomanufacturing market?
- Which are the fastest growing countries in terms of the global digital biomanufacturing market?
- What are the key strategies being adopted by market players in the global digital biomanufacturing market?
- Which are the emerging technologies in the global digital biomanufacturing market?
Digital Biomanufacturing Market Industry Overview
The global digital biomanufacturing market is a huge market comprised of various software and platforms that include process analytical technologies, data analytics software, ai and IoMT solutions, predictive analytics and digital twin technologies, and others. If application is involved, we have bioprocess optimization and process analytics, biomanufacturing process automation and control, and flexible manufacturing.
The global digital biomanufacturing market report highlights that the market was valued at $15,768.9 million in 2021 and is expected to reach $55,564.9 million by the end of 2031. The market is expected to grow at a CAGR of 13.12% during the forecast period from 2022 to 2031.
Global Digital Biomanufacturing Market Drivers
Smart factories have the potential to improve sustainability by allowing for real-time production monitoring, with automated control systems reducing the number of failed batches and lowering maintenance costs. Thus, biomanufacturing businesses' ability to autonomously and appropriately control bioprocesses in their optimal condition is critical, as this aids in lowering or maintaining production costs and increasing yields while maintaining product quality uniformity. This will help driving the market.
In today's bio-manufacturing firms, digitalization in the form of Big Data and Digital Twin-inspired applications are hot themes. As a result, many companies are allocating staff and equipment to these applications. In order to evaluate the existing situation and projected future difficulties in integrating digitalization principles in biotech production processes, a targeted survey was performed among individuals from the Danish biotech industry.
Global Digital Biomanufacturing Market Challenges
The factors restraining the market growth of digital biomanufacturing market include the lack of technology adoption and awareness leading to low return on investment. ROI calculations allow a business to establish and use measures for project appraisal that can be used consistently across a portfolio and go beyond simple profitability analyses.
Multiple stakeholders, including industry, governments, and healthcare providers, must pay attention to cybersecurity in order to provide safe and effective biopharmaceuticals. Breach of cyberbio security could have a direct impact on patients, ranging from compromising data privacy to production disruptions jeopardizing worldwide pandemic response. In today's economy, when advanced manufacturing technology and digital strategies are becoming the standard, maintaining cybersecurity is a key concern.
Global Digital Biomanufacturing Market Opportunities
The opportunity for growth of the global Digital Biomanufacturing market lies in the opportunity to the increased demand for biologics. It is desirable to develop an alternative manufacturing technique that relies less on human labour and transitioning steps between unit activities require a smaller facility footprint and is more open to scalability, automation, and adaption across diverse drug modalities.
Impact of COVID-19 on the Global Digital Biomanufacturing Market.
The COVID-19 pandemic had thrusted the global Digital Biomanufacturing market. The impact of the pandemic global Digital Biomanufacturing market has brought in a positive impact to the market. One of the major impacts of COVID-19 on the global digital biomanufacturing was understanding the importance of automation and innovation of new technologies.
Market Segmentation
Global Digital Biomanufacturing Market (by Technology)
The global Digital Biomanufacturing market has been segmented based on the technology type into eight different segments, namely, process analytical technologies, data analytics software, AI and IoMT solutions, predictive analytics and digital twin technologies, and others.
Global Digital Biomanufacturing Market (by End-User)
The global Digital Biomanufacturing market has been segmented based on the end-users into two major segments, namely, biopharmaceutical companies and academic and research institutes.
biopharmaceutical companies account for the major share in the global digital biomanufacturing market.
Global Digital Biomanufacturing Market (by Application)
The global digital biomanufacturing market has been segmented based on product type into two major segments, namely, bioprocess optimization and process analytics, biomanufacturing process automation and control, and flexible manufacturing.
Global Digital Biomanufacturing Market (by Region)
The different regions covered under the global digital biomanufacturing market include North America, Europe, Asia-Pacific and Rest-of-the-World.
North America and Europe are two of the largest markets for digital biomanufacturing market while developing countries are expected to register strong growth in their adoption shortly.
Key Market Players and Competition Synopsis
Some of the key players operating in the market include: Atos SE, Agilent Technologies Inc., Danaher Corporation, Donaldson Company, Inc., Emerson Electric Co., General Electric Company, Honeywell International Inc., SAP SE, Siemens Healthineers AG, Bota Biosciences, Culture Biosciences, e-matica srl, Exponential Genomics, Inc., FabricNano, OVO Biomanufacturing, and Symphony Innovation, LLC
In the past few years, the global digital biomanufacturing market has witnessed several strategic and technological developments undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this segment are funding activities, mergers and acquisitions (M&A), partnerships, alliances, business expansions, regulatory and legal activities, and new offerings. The preferred strategy for companies has been new offerings of products followed by partnerships, alliances, and business expansions.
Table of Contents
1 Market
- 1.1 Market Outlook
- 1.1.1 Product Definition
- 1.1.1.1 Biomanufacturing 4.0
- 1.1.1.2 Digital Biomanufacturing Software
- 1.1.2 Inclusion and Exclusion Criteria
- 1.1.3 Global Market Scenario
- 1.1.3.1 Realistic Growth Scenario
- 1.1.3.2 Optimistic Growth Scenario
- 1.1.3.3 Pessimistic/Conservative Growth Scenario
- 1.2 Industry Outlook
- 1.2.1 Emerging Trends in Digital Biomanufacturing
- 1.2.2 Critical Issues in Adopting Digital Biomanufacturing
- 1.2.2.1 Not So Strong Change Management Strategy
- 1.2.2.2 Complexity in Software and Technology
- 1.2.2.3 Adoption of Modernized Tools and Processes
- 1.2.2.4 Evolution According to Customer Needs
- 1.2.2.5 Dearth of Strategy in Digital Transformation
- 1.2.2.6 Lack of Skilled Professionals
- 1.2.2.7 Culture Mindset
- 1.2.3 Patent Analysis
- 1.2.3.1 Patent Publication Growth Trend
- 1.2.3.2 Patent Analysis by Country/Cluster
- 1.3 Impact of COVID-19
- 1.3.1 Impact on Facilities
- 1.3.2 Impact on Technology Adoption
- 1.3.3 Impact on Market Size
- 1.3.3.1 Pre-COVID-19 Phase
- 1.3.3.2 During COVID-19 Phase
- 1.3.3.3 Post-COVID-19 Phase
- 1.4 Business Dynamics
- 1.4.1 Impact Analysis
- 1.4.2 Business Drivers
- 1.4.2.1 Rising Automation Process in Various Industries
- 1.4.2.2 Rising Focus on Process Efficiency and Flexibility in Manufacturing
- 1.4.2.3 Shift Toward Digitalization and Biomanufacturing in the Healthcare Industry
- 1.4.3 Business Restraints
- 1.4.3.1 Lack of Technology Adoption and Awareness Leading to Low Return-of-Investments
- 1.4.3.2 Lack of Data Security in Biomanufacturing Settings
- 1.4.4 Business Opportunities
- 1.4.4.1 Increased Demand for Biologics
2 Global Digital Biomanufacturing Market by Application
- 2.1 Opportunity Assessment
- 2.2 Growth-Share Matrix
- 2.3 Biomanufacturing Process Automation and Control
- 2.4 Bioprocess Optimization and Process Analytics
- 2.5 Flexible Manufacturing
3 Global Digital Biomanufacturing Market by End User
- 3.1 Opportunity Assessment
- 3.2 Growth-Share Matrix
- 3.3 Biopharmaceutical Companies
- 3.4 Academic and Research Institutes
4 Global Digital Biomanufacturing Market by Technology
- 4.1 Opportunity Assessment
- 4.2 Growth-Share Matrix
- 4.3 AI and IoMT Solutions
- 4.4 Process Analytical Technologies
- 4.5 Data Analytics Software
- 4.6 Predictive Analytics and Digital Twin Technologies
- 4.7 Others
5 Region
- 5.1 North America Digital Biomanufacturing Market
- 5.1.1 Regulatory Framework
- 5.1.2 Opportunity Assessment
- 5.1.3 Market Dynamics
- 5.1.3.1 Impact Analysis
- 5.1.3.2 Business Drivers
- 5.1.3.3 Business Restraints
- 5.1.4 Market Sizing and Forecast
- 5.1.4.1 North America Digital Biomanufacturing Market (by Application)
- 5.1.4.2 North America Digital Biomanufacturing Market (by End User)
- 5.1.4.3 North America Digital Biomanufacturing Market (by Technology)
- 5.1.5 North America Digital Biomanufacturing Market (by Country)
- 5.1.5.1 U.S.
- 5.1.5.1.1 Market Dynamics
- 5.1.5.1.2 Sizing and Forecast
- 5.1.5.1.2.1 U.S. Digital Biomanufacturing Market (by Application)
- 5.1.5.1.2.2 U.S. Digital Biomanufacturing Market (by End User)
- 5.1.5.2 Canada
- 5.1.5.2.1 Market Dynamics
- 5.1.5.2.2 Sizing and Forecast
- 5.1.5.2.2.1 Canada Digital Biomanufacturing Market (by Application)
- 5.1.5.2.2.2 Canada Digital Biomanufacturing Market (by End User)
- 5.2 Europe Digital Biomanufacturing Market
- 5.2.1 Regulatory Framework
- 5.2.2 Opportunity Assessment
- 5.2.3 Market Dynamics
- 5.2.3.1 Impact Analysis
- 5.2.3.2 Business Drivers
- 5.2.3.3 Business Restraint
- 5.2.4 Market Sizing and Forecast
- 5.2.4.1 Europe Digital Biomanufacturing Market (by Application)
- 5.2.4.2 Europe Digital Biomanufacturing Market (by End User)
- 5.2.4.3 Europe Digital Biomanufacturing Market (by Technology)
- 5.2.5 Europe Digital Biomanufacturing Market (by Country)
- 5.2.5.1 Germany
- 5.2.5.1.1 Market Dynamics
- 5.2.5.1.2 Market Sizing and Forecast
- 5.2.5.1.2.1 Germany Digital Biomanufacturing Market (by Application)
- 5.2.5.1.2.2 Germany Digital Biomanufacturing Market (by End User)
- 5.2.5.2 France
- 5.2.5.2.1 Market Dynamics
- 5.2.5.2.2 Market Sizing and Forecast
- 5.2.5.2.2.1 France Digital Biomanufacturing Market (by Application)
- 5.2.5.2.2.2 France Digital Biomanufacturing Market (by End User)
- 5.2.5.3 Italy
- 5.2.5.3.1 Market Dynamics
- 5.2.5.3.2 Market Sizing and Forecast
- 5.2.5.3.2.1 Italy Digital Biomanufacturing Market (by Application)
- 5.2.5.3.2.2 Italy Digital Biomanufacturing Market (by End User)
- 5.2.5.4 Spain
- 5.2.5.4.1 Market Dynamics
- 5.2.5.4.2 Market Sizing and Forecast
- 5.2.5.4.2.1 Spain Digital Biomanufacturing Market (by Application)
- 5.2.5.4.2.2 Spain Digital Biomanufacturing Market (by End User)
- 5.2.5.5 U.K.
- 5.2.5.5.1 Market Dynamics
- 5.2.5.5.2 Market Sizing and Forecast
- 5.2.5.5.2.1 U.K. Digital Biomanufacturing Market (by Application)
- 5.2.5.5.2.2 U.K. Digital Biomanufacturing Market (by End User)
- 5.2.5.6 Rest-of-Europe
- 5.2.5.6.1 Market Dynamics
- 5.2.5.6.2 Market Sizing and Forecast
- 5.2.5.6.2.1 Rest-of-Europe Digital Biomanufacturing Market (by Application)
- 5.2.5.6.2.2 Rest-of-Europe Digital Biomanufacturing Market (by End User)
- 5.3 Asia-Pacific Digital Biomanufacturing Market
- 5.3.1 Regulatory Framework
- 5.3.2 Opportunity Assessment
- 5.3.3 Market Dynamics
- 5.3.3.1 Impact Analysis
- 5.3.3.2 Business Driver
- 5.3.3.3 Business Restraint
- 5.3.4 Market Sizing and Forecast
- 5.3.4.1 Asia-Pacific Digital Biomanufacturing Market (by Application)
- 5.3.4.2 Asia-Pacific Digital Biomanufacturing Market (by End User)
- 5.3.4.3 Asia-Pacific Digital Biomanufacturing Market (by Technology)
- 5.3.5 Asia-Pacific Digital Biomanufacturing Market (by Country)
- 5.3.5.1 Japan
- 5.3.5.1.1 Market Dynamics
- 5.3.5.1.2 Market Sizing and Forecast
- 5.3.5.1.2.1 Japan Digital Biomanufacturing Market (by Application)
- 5.3.5.1.2.2 Japan Digital Biomanufacturing Market (by End User)
- 5.3.5.2 China
- 5.3.5.2.1 Market Dynamics
- 5.3.5.2.2 Market Sizing and Forecast
- 5.3.5.2.2.1 China Digital Biomanufacturing Market (by Application)
- 5.3.5.2.2.2 China Digital Biomanufacturing Market (by End User)
- 5.3.5.3 India
- 5.3.5.3.1 Market Dynamics
- 5.3.5.3.2 Market Sizing and Forecast
- 5.3.5.3.2.1 India Digital Biomanufacturing Market (by Application)
- 5.3.5.3.2.2 India Digital Biomanufacturing Market (by End User)
- 5.3.5.4 South Korea
- 5.3.5.4.1 Market Dynamics
- 5.3.5.4.2 Market Sizing and Forecast
- 5.3.5.4.2.1 South Korea Digital Biomanufacturing Market (by Application)
- 5.3.5.4.2.2 South Korea Digital Biomanufacturing Market (by End User)
- 5.3.5.5 Australia and New Zealand
- 5.3.5.5.1 Market Dynamics
- 5.3.5.5.2 Market Sizing and Forecast
- 5.3.5.5.2.1 Australia and New Zealand Digital Biomanufacturing Market (by Application)
- 5.3.5.5.2.2 Australia and New Zealand Digital Biomanufacturing Market (by End User)
- 5.3.5.6 Rest-of-Asia-Pacific
- 5.3.5.6.1 Market Dynamics
- 5.3.5.6.2 Market Sizing and Forecast
- 5.3.5.6.2.1 Rest-of-Asia Pacific Digital Biomanufacturing Market (by Application)
- 5.3.5.6.2.2 Rest-of-Asia-Pacific Digital Biomanufacturing Market (by End User)
- 5.4 Rest-of-the-World Digital Biomanufacturing Market
- 5.4.1 Regulatory Framework
- 5.4.2 Opportunity Assessment
- 5.4.3 Market Dynamics
- 5.4.3.1 Impact Analysis
- 5.4.3.2 Business Driver
- 5.4.3.3 Business Restraint
- 5.4.4 Market Sizing and Forecast
- 5.4.4.1 Rest-of-the-World Digital Biomanufacturing Market (by Application)
- 5.4.4.2 Rest-of-the-World Digital Biomanufacturing Market (by End User)
- 5.4.4.3 Rest-of-the-World Digital Biomanufacturing Market (by Technology)
- 5.4.5 Rest-of-the-World Digital Biomanufacturing Market (by Country)
- 5.4.5.1 Latin America
- 5.4.5.1.1 Market Dynamics
- 5.4.5.1.2 Market Sizing and Forecast
- 5.4.5.1.2.1 Latin America Digital Biomanufacturing Market (by Application)
- 5.4.5.1.2.2 Latin America Digital Biomanufacturing Market (by End User)
- 5.4.5.2 Middle East Africa
- 5.4.5.2.1 Market Dynamics
- 5.4.5.2.2 Market Sizing and Forecast
- 5.4.5.2.2.1 Middle East Africa Digital Biomanufacturing Market (by Application)
- 5.4.5.2.2.2 Middle East Africa Digital Biomanufacturing Market (by End User)
6 Market - Competitive Benchmarking & Company Profiles
- 6.1 Competitive Landscape
- 6.1.1 Key Strategies and Developments
- 6.1.1.1 Partnerships, Alliances, and Business Expansions
- 6.1.1.2 Funding Activities
- 6.1.1.3 New Offerings and Upgradations
- 6.1.1.4 Mergers and Acquisitions
- 6.1.1.5 Regulatory and Legal Activities
- 6.2 Company Profiles
- 6.2.1 Established Companies
- 6.2.1.1 Atos SE
- 6.2.1.1.1 Company Overview
- 6.2.1.1.2 Role of Atos SE in the Global Digital Biomanufacturing Market
- 6.2.1.1.3 Financials
- 6.2.1.1.4 Recent Developments
- 6.2.1.1.5 Target Customers
- 6.2.1.1.6 Analyst Perspectives
- 6.2.1.2 Agilent Technologies Inc.
- 6.2.1.2.1 Company Overview
- 6.2.1.2.2 Role of Agilent Technologies Inc. in the Global Digital Biomanufacturing Market
- 6.2.1.2.3 Financials
- 6.2.1.2.4 Recent Developments
- 6.2.1.2.5 Target Customers
- 6.2.1.2.6 Analyst Perspectives
- 6.2.1.3 Danaher Corporation
- 6.2.1.3.1 Company Overview
- 6.2.1.3.2 Role of Danaher Corporation in the Global Digital Biomanufacturing Market
- 6.2.1.3.3 Financials
- 6.2.1.3.4 Recent Developments
- 6.2.1.3.5 Target Customers
- 6.2.1.3.6 Analyst Perspectives
- 6.2.1.4 Donaldson Company, Inc.
- 6.2.1.4.1 Company Overview
- 6.2.1.4.2 Role of Donaldson Company, Inc. in the Global Digital Biomanufacturing Market
- 6.2.1.4.3 Financials
- 6.2.1.4.4 Recent Developments
- 6.2.1.4.5 Target Customers
- 6.2.1.4.6 Analyst Perspectives
- 6.2.1.5 Emerson Electric Co.
- 6.2.1.5.1 Company Overview
- 6.2.1.5.2 Role of Emerson Electric Co. in the Global Digital Biomanufacturing Market
- 6.2.1.5.3 Financials
- 6.2.1.5.4 Target Customers
- 6.2.1.5.5 Analyst Perspectives
- 6.2.1.6 General Electric Company
- 6.2.1.6.1 Company Overview
- 6.2.1.6.2 Role of General Electric Company in Global Digital Biomanufacturing Market
- 6.2.1.6.3 Financials
- 6.2.1.6.4 Recent Developments
- 6.2.1.6.5 Target Customers
- 6.2.1.6.6 Analyst Perspectives
- 6.2.1.7 Honeywell International Inc.
- 6.2.1.7.1 Company Overview
- 6.2.1.7.2 Role of Honeywell International Inc. in the Global Digital Biomanufacturing Market
- 6.2.1.7.3 Financials
- 6.2.1.7.4 Recent Developments
- 6.2.1.7.5 Target Customers
- 6.2.1.7.6 Analyst Perspectives
- 6.2.1.8 SAP SE
- 6.2.1.8.1 Company Overview
- 6.2.1.8.2 Role of SAP SE in the Global Digital Biomanufacturing Market
- 6.2.1.8.3 Financials
- 6.2.1.8.4 Target Customers
- 6.2.1.8.5 Analyst Perspectives
- 6.2.1.9 Siemens Healthineers AG
- 6.2.1.9.1 Company Overview
- 6.2.1.9.2 Role of Siemens Healthineers AG in the Global Digital Biomanufacturing Market
- 6.2.1.9.3 Financials
- 6.2.1.9.4 Recent Developments
- 6.2.1.9.5 Target Customers
- 6.2.1.9.6 Analyst Perspectives
- 6.2.2 Emerging Companies
- 6.2.2.1 Bota Biosciences
- 6.2.2.1.1 Company Overview
- 6.2.2.1.2 Role of Bota Biosciences in the Global Digital Biomanufacturing Market
- 6.2.2.1.3 Recent Developments
- 6.2.2.1.4 Target Customers
- 6.2.2.1.5 Analyst Perspectives
- 6.2.2.2 Culture Biosciences
- 6.2.2.2.1 Company Overview
- 6.2.2.2.2 Role of Culture Biosciences in the Global Digital Biomanufacturing Market
- 6.2.2.2.3 Recent Developments
- 6.2.2.2.4 Target Customers
- 6.2.2.2.5 Analyst Perspectives
- 6.2.2.3 e-matica srl
- 6.2.2.3.1 Company Overview
- 6.2.2.3.2 Role of e-matica srl in the Global Digital Biomanufacturing Market
- 6.2.2.3.3 Recent Developments
- 6.2.2.3.4 Target Customers
- 6.2.2.3.5 Analyst Perspectives
- 6.2.2.4 Exponential Genomics, Inc. (Xenomics)
- 6.2.2.4.1 Company Overview
- 6.2.2.4.2 Role of Exponential Genomics, Inc. (Xenomics) in the Global Digital Biomanufacturing Market
- 6.2.2.4.3 Target Customers
- 6.2.2.4.4 Analyst Perspectives
- 6.2.2.5 FabricNano
- 6.2.2.5.1 Company Overview
- 6.2.2.5.2 Role of FabricNano in the Global Digital Biomanufacturing Market
- 6.2.2.5.3 Recent Developments
- 6.2.2.5.4 Target Customers
- 6.2.2.5.5 Analyst Perspectives
- 6.2.2.6 OVO Biomanufacturing
- 6.2.2.6.1 Company Overview
- 6.2.2.6.2 Role of OVO Biomanufacturing in the Global Digital Biomanufacturing Market
- 6.2.2.6.3 Recent Developments
- 6.2.2.6.4 Target Customers
- 6.2.2.6.5 Analyst Perspectives
- 6.2.2.7 Symphony Innovation, LLC
- 6.2.2.7.1 Company Overview
- 6.2.2.7.2 Role of Symphony Innovation, LLC in the Global Digital Biomanufacturing Market
- 6.2.2.7.3 Recent Developments
- 6.2.2.7.4 Target Customers
- 6.2.2.7.5 Analyst Perspectives