The rising demand for biopharmaceuticals and the expanding use of single-use technologies are both responsible for this expansion. The demand for biopharmaceuticals is rising: The market for biopharmaceuticals is being driven by the rising incidence of chronic diseases and the rising desire for tailored therapy. Due to their importance in the production of biopharmaceuticals, biopharma buffers are in high demand as a result.
The global Biopharma Buffer Market size was valued at US$ 3.44 billion in 2022 and is expected to grow at a CAGR of 7.1% to reach US$ 5.95 billion by end of 2030
Prominent Players in the Biopharma Buffer Industry:
1. Merck KGaA
Merck KGaA Limited founded in 1668 and its headquarters Darmstadt, Germany. The company operates in 66 countries. In 2018 Merck Announces Collaboration with Biotheus to Accelerate Drug Submission and Approval Process for Biopharmaceutical Industry in China
2. Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc founded in 1956, and its Headquarters located in Waltham, Massachusetts, United States. The company operates in 50 nations. acquisition and Brammer Bio is a leading viral vector contract development and manufacturing organization (CDMO),
3. Avantor, Inc.
Avantor, Inc. was launch in 1904 and it’s headquarter located Radnor Township, Pennsylvania, United States.it operate over 30 country. Avantor, Inc. announced that AbbVie has now completed the acquisition of Allergan pursuant
4. Lonza Group Ltd.
Lonza Group Ltd. was launch in 1897 and it’s headquarter, located in Basel, Switzerland.it operate over 5 country In world.
5. Bio-Rad Laboratories, Inc
Bio-Rad Laboratories, Inc was founded 1952 with its headquarters in Hercules, California, United States. With businesses in over 160 countries.In 2022 Bio-Rad will exclusively market the Seegene tests in the United States, pending regulatory approvals.
6. Corning Inc
Corning Inc was launch in 1851. And its headquarter - Corning, New York, United States. It operate over 18 country.
7. GE Healthcare
GE Healthcare founded in 1892 and it’s headquarter located Chicago, Illinois, United States.It operate over 160 country. In 2020 GE announced the completion of the sale of its BioPharma business to Danaher on Tuesday.
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