The market research report for the Single-use Bioprocessing market includes a prediction for the years up to 2029 as well as in-depth information on the market’s size, rate of growth, revenue, trends, and potential. Also carefully analysed are the main variables affecting the development of this sector. This study involved a thorough quantitative examination of the market, and the findings can be used to inform the creation of growth- and productivity-boosting measures.
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Single-use Bioprocessing Market Overview:
Focusing on the most recent drivers, restraints, and opportunities for the Single-use Bioprocessing industry, the in-depth company firm’s study is on the Single-use Bioprocessing market. Discussions with eminent businesses follow to confirm the results. In the secondary review and analysis of the same, both paid and unpaid data sources are utilised. Data on each player’s supply and consumption are assembled using official government sources, independent data sources, and, in the case of publicly traded firms, financial reports of the company. Even if financial documents from businesses are not made available to the general public, the tax division of the local government may be able to obtain them.
Single-use Bioprocessing Market size was valued at USD 9.9 Bn. in 2021 and the total Single-use Bioprocessing revenue is expected to grow by 21 % from 2022 to 2029, reaching nearly USD 45.6 Bn.
COVID-19 Impact:
The analysis examines the existing and potential impacts of the COVID-19 pandemic on the entire market and delivers more accurate and true estimates in accordance with the market scenario. The world is in anguish due to the coronavirus outbreak. Almost every country has had strict social segregation laws in place, like lockdowns. This has caused disruptions in supply systems. The epidemic has altered societal structures all across the world. The market as a whole is affected by the COVID-19, and as that impact increases in 2019 and 2020, so does the rate of growth. In order to provide decision-makers with reliable data and experiences, businesses and organisations are being compelled by the COVID-19 tragedy to manage risk and digitise operations. This is consistent with the most recent analysis, research, and recommendations from MMR on the management challenges that are crucial for businesses and organisations and have a substantial market impact.
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Single-use Bioprocessing Market Key players:
• Thermo Fisher Scientific
• Danaher Corporation
• Merck KGaA
• Getinge AB
• Eppendorf AG
• Corning
• Entegris
• Avantor
• CESCO Bioengineering Co. Ltd.
• Cellexus
• PBS Biotech, Inc.
• Distek, Inc.
• ABEC, Inc.
• Able Corporation & Biott Corporation
• G&G Technologies
Key company and market share insights:
The major competitors are listed here for audiences to learn about. The main strategic actions these businesses take to maintain market dominance are reviewed in this study, including product portfolio strengthening, M&A, partnerships, new, innovative products, and geographic penetration. In addition to critical financial information and current events, the report also provides the company’s goals. The companies’ global sales, earnings, and profit margins from 2017 through 2022 are also covered in more detail for users.
Single-use Bioprocessing Market Dynamics:
Huge growth in the biopharmaceuticals
Faster implementation and decreased risk of product cross-contamination, increased demand for biopharmaceuticals, cheaper prices, and lower environmental effects of single-use bioprocessing technologies are driving the market growth. With a growing need for biopharmaceuticals owing to an increase in the number of chronic diseases among the population, there is a greater need for effective treatments and goods, which is expected to raise demand for single-use technologies, pushing the market growth. According to the Food and Drug Administration, 14 biologics will be authorized for the treatment of various chronic conditions in 2021. As a result, the increasing number of biological approvals is expected to boost the biopharmaceutical production process, resulting in increased usage and acceptance of single-use bioprocessing technologies and systems during the forecast period.
Additionally, single-use technologies and systems assist biopharmaceutical firms in decreasing contamination hazards and reducing the requirement for sterilizing between batches, hence enhancing efficiency. Moreover, firms are concentrating on building a new single-use system that will be used in both upstream and downstream processing of biopharmaceutical manufacturing. The product’s low water consumption, good energy efficiency, small footprint, and little danger of contamination are all elements driving market development. Adoption of big data-based machine learning in single-use systems, which aids in increasing product or drug yield and achieving maximum productivity and efficiency in terms of process, as well as a mainstream strategy by many biopharmaceutical manufacturers, are all contributing to the growth of the single-use bioprocessing market. Additionally, growing corporate activities and increased adoption of different business strategies such as collaborations, partnerships, and product launches are adding to market expansion. For example, Qosina signed a distribution deal with Nordson MEDICAL in May 2021 to help Single-Use Bioprocess Integrators and Medical Device Manufacturers.
Single-use Bioprocessing Market Segment:
Based on Product, The simple and peripheral components category led the market for single-use bioprocessing, accounting for 49.0% of revenue in 2020. In terms of product availability and utilization, the highest penetration of filters, tubing, transfer systems, and connections has had a significant influence on revenue generation in this area. Advances in the single-use system, for example, have pushed bioprocess engineers to replace permanent pipe networks with single-use transfer lines.
Single-use bags also improve production repeatability by providing strength, temperature resistance, and durability. The availability of disposable bioprocess bags in a variety of sizes for a variety of applications allows market participants to capitalize on unexplored market opportunities and strengthen their market position.
On the other hand, the biopharmaceutical industry’s demand for disposable probes and sensors is constantly increasing. This demand is reported to be considered in the United States and Europe. Emerging and small firms are competing in this area by producing single-use sensors for measuring several properties during bioprocessing.
Regional Analysis:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
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