Process Analytical Technology Market to Surpass $13,626.5 Million Revenue by 2030, says P&S Intelligence
NEW YORK, Dec. 15, 2021 /PRNewswire/ -- The global process analytical technology market is projected to experience a CAGR of 17.1% between 2021 and 2030, to reach $13,626.5 million by 2030 from an estimated $3,283.8 million in 2021.
- NEW YORK, Dec. 15, 2021 /PRNewswire/ -- The global process analytical technology market is projected to experience a CAGR of 17.1% between 2021 and 2030, to reach $13,626.5 million by 2030 from an estimated $3,283.8 million in 2021.
- In this regard, the COVID-19 pandemic has acted as a strong growth driver for the market.
- In the process analytical technology market, biopharmaceutical manufacturers are expected to be the fastest-growing end users.
- Presently, North America holds the largest share in the process analytical technology market as it is home to the world's largest biotechnology and pharmaceutical industries.