"Digitalization improves the entire value chain of manufacturing biologics, competitive generic therapy (CGT) products, and vaccines," said Neeraja Vettekudath, Healthcare Research Analyst at Frost & Sullivan. "Automated processes, remote monitoring, and digital supply chains accelerate biomanufacturing rates of biopharmaceuticals."
Vettekudath added: "Digitalization deploys advanced sensors, artificial intelligence (AI)/machine learning (ML), and blockchain to create platforms. It builds seamless biomanufacturing systems where information is passed from one stage to the next. This increases efficiency, creating growth opportunities for digital biomanufacturing solution providers, enablers, and adopters."
To capitalize on the growth prospects of digital biomanufacturing, market participants should:Invest in building digital twin models for predictive and data-driven biomanufacturing decisions.
Make an initial investment in digital tools that streamline processes.
Incorporate advanced software or AI tools to make sense of bioprocess data and accelerate the advancement toward developing robust and high-power processing systems that can use this data.
Developments in Digital Biomanufacturing: Technology Growth Opportunities is the latest addition to Frost & Sullivan's Healthcare research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
SOURCE Frost & Sullivan
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