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BCC Research Publishes a New Report on Separation Systems for Commercial Biotechnology Markets
Date:9/15/2013

Wellesley, MA (PRWEB) September 15, 2013

According to a new technical market research report, Separation Systems for Commercial Biotechnology from BCC Research (http://www.bccresearch.com), the global market for commercial biotechnology separation systems was valued at $16 billion in 2012 and is expected to reach $17.1 billion in 2013. BCC Research projects the market to reach nearly $27.8 billion by 2018, and register a compound annual growth rate (CAGR) of 10.1%.

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 grow
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