Process Analytical Technology Market is expected to reach USD 10.19B by 2032, at a CAGR of 13.29%.
The demand for high-quality products in pharmaceuticals and biotechnology has led to the increased use of process analytical technology (PAT) in the manufacturing of drugs, vaccines, and antibiotics. PAT helps reduce downtime, increase productivity, and expedite process development and scaling in various industries. Control parameters affecting critical quality attributes are identified through PAT in the planning, analysis, and production processes in the pharmaceutical sector. The pharmaceutical industry in the Asia-Pacific (APAC) region is expected to witness a surge in demand for PAT, fueled by increased research and development spending on the use of process analytical technologies.