Digital Biomanufacturing Market, by Type (Manufacturing Technologies, Analytical and Process Control Technologies, and Others), by Application (Bioprocess Optimization, Biomanufacturing Process Automation and Control, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Oct 2022

Code : CMI5282

Pages :243

Formats :

Excel and PDF

Industry : Healthcare IT

Market Challenges And Opportunities

Global Digital Biomanufacturing Market: Drivers

Emerging role of digital biomanufacturing is expected to drive the global market growth during the forecast period.

Digital biomanufacturing addresses unique aspects of biological activities and increase the data collection, monitoring, process control algorithms, automation, etc. Advances such as artificial intelligence (AI), automation, and robotics, are changing concepts of manufacturing in general from product development and factory operations to materials supply. Thus, emerging implementation of smart manufacturing in bio-based industries is likely boost the market growth in near future.

Expansion of digital biomanufacturing plants is expected to drive the global market growth over the forecast period

Key players are increasing their focus on expand the manufacturing process with innovative technologies to improve production process with research and development, paving the way for improved commercialization of important new medicines for patients . This in turn to drive the growth of market. For instance, in October 2019, Sanofi, a global biopharmaceutical company opened its first digitally enabled continuous manufacturing facility in Framingham, Massachusetts.

Global Digital Biomanufacturing Market: Restraints

Lack of awareness regarding the technologically advanced services in emerging countries are the factors that are likely to hamper the growth of market.

Restraints & Challenges: