The global single-use bioprocessing market is on the cusp of a remarkable expansion in the coming years, fueled by rising demand for biologics and the numerous advantages offered by single-use technologies. According to a recent market analysis, the market size was estimated at USD 9.1 billion in 2022 and is projected to reach a staggering USD 41.5 billion by 2030, reflecting a phenomenal compound annual growth rate (CAGR) of 20.9% during the forecast period (2023-2030).
Key Players
The major key players are Sartorius AG, Danaher Corp., Thermo Fisher Scientific, Inc., Merck KGaA, Avantor, Inc., Eppendorf SE, Corning Inc., Boehringer Ingelheim International GmbH, Lonza, Infors AG, PBS Biotech, Inc., and Others.
Report Scope:
This press release summarizes key findings from a comprehensive report on the single-use bioprocessing market. The report delves into:
- Market segmentation by product type (bags, filters, containers, tubing), application (monoclonal antibody production, cell and gene therapy, vaccines), and end-user (pharmaceutical companies, contract manufacturing organizations (CMOs))
- Regional analysis, identifying key growth drivers in North America, Europe, Asia Pacific, and the Rest of the World
- Competitive landscape, outlining key players and their market strategies
KEY SEGMENTS
By Product
-
Work Equipment
-
Apparatus & Plants
-
Simple & Peripheral Elements
By Workflow
-
Upstream Bioprocessing
-
Fermentation
-
Downstream Bioprocessing
By End User
-
Biopharmaceutical & Pharmaceutical companies
-
Contract Research Organizations and contract manufacturing organizations (CROs & CMOs)
-
Academic & Research institutes
Market Analysis:
Several factors are propelling the explosive growth of the single-use bioprocessing market:
- Surge in Biologics Development: The increasing demand for biologics, a class of drugs derived from living organisms, is a major driver. Single-use technologies offer several advantages over traditional reusable systems, including reduced risk of contamination, improved flexibility, and faster turnaround times.
- Enhanced Efficiency and Cost Savings: Single-use systems eliminate the need for cleaning and validation of reusable equipment, leading to increased efficiency and potential cost savings in biomanufacturing processes.
- Growing Focus on Flexibility: Single-use systems provide greater flexibility for scaling up or down production processes, making them ideal for the dynamic and evolving biopharmaceutical industry.
Emerging Trends and Opportunities:
- Integration of Automation and Digitalization: The integration of automation and digitalization technologies with single-use bioprocessing platforms is enhancing process control, data management, and overall efficiency.
- Expansion into Cell and Gene Therapy: Single-use technologies are finding increasing application in cell and gene therapy manufacturing due to their ability to handle sensitive cell cultures and complex workflows.
- Focus on Biodegradable and Sustainable Solutions: The development and adoption of biodegradable and sustainable single-use bioprocessing products are gaining traction as companies focus on environmental responsibility.
Challenges and Considerations:
- Supply Chain Disruptions: The global market is susceptible to disruptions in the supply chain for raw materials and components, impacting availability and potentially leading to price fluctuations.
- Regulatory Landscape: Navigating the evolving regulatory landscape for single-use bioprocessing products, particularly in emerging markets, can be challenging for manufacturers.
- Integration and Standardization: Ensuring seamless integration of single-use systems with existing bioprocessing infrastructure and promoting standardization across the industry are ongoing considerations.
Key Takeaways:
- The single-use bioprocessing market is poised for phenomenal growth, driven by the increasing importance of biologics and the numerous benefits offered by single-use technologies.
- Emerging trends like automation, digitalization, and biodegradable solutions present exciting opportunities for market expansion.
- Addressing challenges related to supply chain disruptions, regulations, and integration will be crucial for sustained market growth.
Recent Developments:
The press release can be further enhanced by highlighting recent developments in the single-use bioprocessing market, such as:
- Strategic acquisitions and partnerships between key players to expand product offerings and geographical reach.
- Technological advancements in single-use materials and bioprocessing equipment.
- Increased investments in research and development for novel single-use bioprocessing solutions.
Other Trending Report
Serum-free Media Market Trends
Immunohistochemistry Market Trends
Antibody Production Market Trends
Ultrasound Probe Disinfection Market Trends
Single-use Bioprocessing Market Trends
Near-infrared Imaging Market Trends
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us:
Akash Anand – Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website: https://www.snsinsider.com