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Process Analytical Technology Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Process Analytical Technology Market Report By Offering (Products and Services), By Measurement (On-line, In-Line, At Line, Off-Line), By Technique (Spectroscopy, Chromatography, Capillary Electrophoresis, Particle Size Analysis), By Applications (Hydroformylations, Hydrogen Reactions, Lithiation and Organolithium Reactions, Fluorinations and Fluorine Chemistry, Grignard Reactions, and Others), By End User (Pharmaceutical Manufacturers, Biopharmaceutical Manufacturers, Contract Research and Manufacturing Organizations, and Others), By Region, Industry Dynamics, Market Size, Opportunity and Forecasts, 2022- 2030

  • Published On: 13-Sep-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA0922298
    Delivery: 2 to 4 Hours
Process Analytical Technology Market

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Report AttributeDetails
Market Size Value in 2021US$ 2,638.9 Million
Expected Revenue in 2030US$ 7,828.0 Million
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
Segments coveredBy Offering, By Measurement, By Technique, By Applications, By End-User, By Region
Key Companies                                                                               ABB Limited, Agilent Technologies Inc., Bruker Corporation, Carl Zeiss AG, Danaher Corporation, Emerson Electric Co., Mettler-Toledo International Inc., PerkinElmer Inc., Sartorius AG, Shimadzu Corporation, Statgraphics Technologies Inc, Thermo Fisher Scientific Inc., Other Prominent Players
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The Global Process Analytical Technology Market was valued at US$ 2,638.89 Mn in 2021.

Factors such as increasing R&D efforts in pharmaceutical and biopharmaceutical firms and quick technological improvements in analytical devices are propelling the market growth.

Outsourcing manufacturing processes to Contract Manufacturing Organizations (CMOs) is an emerging opportunity in the global market.

Lack of skilled technical experts may hinder the market growth during the forecast period. 

The various segmentations considered to analyze the Global Process Analytical Technology Market are based on offering, measurement, technique, application, end-user, and region.

Spectroscopy, Chromatography, Capillary Electrophoresis, and Particle Size Analysis are the different techniques of process analytics.

Lithiation & Organolithium are the top application segment in the Global Process Analytical Technology Market in 2021. 

Pharmaceutical manufacturers are the highest end users in the PAT market.  

North America is the highest shareholder region in the Global Process Analytical Technology Market.

The key market players are Fisher Scientific Inc., Agilent Technologies Inc., Shimadzu Corporation, and Mettler-Toledo International Inc. among others.  

The Covid-19 pandemic had a positive impact on the market growth with a 0.5% YoY growth in 2020-21.