Roots Analysis has announced the addition of “Buffer Preparation Market: Focus on Buffer Manufacturing Systems and Service Providers, 2023-2035” report to its list of offerings.
The conventional buffer manufacturing process is fraught with several challenges, including high cost of buffer production, time-consuming manufacturing process, batch-to-batch variations, and the need for large floor space. In order to deal with the aforementioned challenges, a number of pharmaceutical companies prefer to either install novel buffer manufacturing systems with advanced technologies in their manufacturing facility or outsource their buffer manufacturing requirements to specialized service providers.
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Majority (~60%) of the industry stakeholders are based in North America, followed by players headquartered in Asia (25%). Further, 85% of the buffer manufacturing systems are fabricated using stainless steel and 36% are fabricated using polymers.
The market is dominated by the presence of small companies (having 11-50 employees), who represent over 45% of the contemporary market landscape. Additionally, it is worth noting that majority (60%) of the service providers are based in North America.
Majority of the deals related to buffer manufacturing systems were acquisitions, representing 44% of the total partnerships inked in this domain, followed by distribution agreements (17%). Further, most (70%) of the intercontinental as well as intracontinental deals have been inked by players based in North America.
On the other hand, the market in Asia-Pacific is expected to grow at a faster pace (CAGR of 7.4%) during the forecast period. Further, buffer manufacturing systems intended for commercial scale operations capture the major share of the current market.
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The financial opportunity within the buffer preparation system market has been analyzed across the following segments:
The research includes profiles of the key players (listed below) engaged in this domain; each profile features a brief overview of the company, details on buffer manufacturing systems and services, recent developments and an informed future outlook.
For additional details, please visit https://www.rootsanalysis.com/reports/buffer-preparation-market.html or email sales@rootsanalysis.com
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Gaurav Chaudhary
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Gaurav.chaudhary@rootsanalysis.com
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