Single-Use Bioprocessing Market Overview:
The purpose of this report is to provide a thorough examination of the Single-Use Bioprocessing market by segments and geographics. The study goes into great detail on the primary factors influencing the Single-Use Bioprocessing market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
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Global Single-Use Bioprocessing Market is expected to reach USD 24.12 billion at a CAGR of 19.7% during the forecast period 2027.
Top-down and bottom-up approaches are used to validate the market size and to estimate the market size by different segments. The market estimations in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and breakdowns of the segments are derived based on weights assigned to each of the segments on their utilization rate and average sale price. The country-wise splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given market Size in the respective region or country.
Drivers:
Due to the advantages it offers, such as a significant decrease in capital cost and facility construction time, single-use technology (SUT) has greatly increased the use of disposables in the bioprocessing industry. The market for single-use bioprocessing has increased by double digits as a result. In addition, the market expanded significantly despite the COVID-19 pandemic’s negative effects on the world economy.
Many CMOs and biotech companies are now concentrating on creating SARS-CoV-2 infection therapeutics using disposable technologies. In order to expedite the production of nearly 1.0 billion doses of the COVID-19 vaccine Novavax on a large scale and for single use, Serum Institute selected ABEC’s Custom Single Run (CSR) technology in September 2020.
Segmentation:
In 2021, the single-use bioprocessing market was dominated by the biopharmaceutical manufacturers segment, which brought in more than 58.0% of total revenue. The COVID-19 pandemic has had an impact on the pharmaceutical supply chain. The limitations on pharmaceutical manufacturing and export had an effect on many products sold in nations like the United States, Europe, and other nations.
The COVID-19 pandemic is currently underway, and national health systems are making significant investments in R&D to combat the virus. A single-use bioreactor is needed for flexibility and speed while minimising overall operating costs to screen SARS-CoV-2 against a library of 50,000 compounds. For institutions to share biospecimens and data for these studies, the government has laid out specific guidelines.
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Key Players:
The major players covered in the Single-Use Bioprocessing market report are
• Thermo Fisher Scientific, Inc.
• Merck KGaA
• Sartorius AG
• Corning Incorporated
• Pall Corporation
• General Electric Company (GE Healthcare)
• Eppendorf AG
• Rentschler Biopharma SE
• Lonza
• Meissner Filtration Products, Inc.
• JM BioConnect
• Boehringer Ingelheim GmbH
• Infors AG
• PBS Biotech, Inc.
• Entegris, Inc.
• Danaher Corporation
• Kuhner AG
• Rentschler Biopharma SE
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Single-Use Bioprocessing Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Single-Use Bioprocessing market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Single-Use Bioprocessing industry,
Key Questions Answered in the Single-Use Bioprocessing Market Report are:
- Which segment grabbed the largest share in the Single-Use Bioprocessing market?
- What was the competitive scenario of the Single-Use Bioprocessing market in 2021?
- Which are the key factors responsible for the Single-Use Bioprocessing market growth?
- Which region held the maximum share in the Single-Use Bioprocessing market in 2021?
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