As per the research report titled ‘Global Measurement Technology in Downstream Processing Market Size study, by Product (Sensors, Sensor Housings, Transmitters & Controllers, Cables & Connectors, Buffers & Reagents), By End-Use (Pharmaceutical & Biotechnology Companies, Food & Beverage Companies, Contract Manufacturing Organizations, Academic & Research Institutes, Others) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global measurement technology in downstream processing market is estimated to record considerable growth during the forecast period.
 

Rising adoption of high precision and continuous feedback sensors in bioprocessing in tandem with increasing mergers & acquisitions among companies are contributing towards the growth of global measurement technology in downstream processing market.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4566291/
 

It is worth mentioning that downstream processing involves the separation and refinement of various components. Rapid expansion of pharmaceutical and biotechnology sectors is also boosting the demand for the product, which in turn will propel the overall market growth during the projection period.
 

High failure rates of conventional sensors is, on the contrary, expected to hinder the market growth over the forecast period.
 

Worldwide measurement technology in the downstream processing market is fragmented on the basis of product spectrum and end-use landscape. By product type, the industry is classified into buffers & reagents, cables & connectors, transmitters & controllers, sensor housings, and sensors.
 

By end-user landscape, the market is divided into academic & research institutes, contract manufacturing organizations, food & beverage companies, pharmaceutical & biotechnology companies, and others.
 

Considering the geographical spectrum, the industry is split into Latin America (Mexico, Brazil), Europe (Spain, Germany, the U.K, Italy), North America (the U.S, Canada), Asia-Pacific (India, South Korea, China, Japan, Australia), and rest of the world.
 

Europe measurement technology in downstream processing industry is expected to register substantial growth during the projection period because of the huge investment in the biologics sectors and increasing research and development activities.
 

Meanwhile, Asia-Pacific market is anticipated to record considerable growth in the ensuing years. Shifting investments on R&D activities and technological breakthroughs from North America and Europe to the Asia Pacific, particularly in the life sciences, are favoring the regional market outlook.
 

Key players analyzed in the global measurement technology in downstream processing market report are Endress+Hauser, PendoTECH, PreSens Precision Sensing GmbH, Waters Corporation, Hamilton Company, Thermo Fisher Scientific, Broadley-James Corporation, Sartorius AG, Applikon Biotechnology Inc., and Mettler Toledo.