The
global Single-Use Bioprocessing Market size is expected
to reach USD 26.89 billion by 2025, according to a new report by Grand View
Research, Inc., exhibiting a CAGR of 13.6% during the forecast period. Low cost
associated with operations and construction is recognized as the key factor
stimulating the sales of and demand for disposable products. Single-use
solutions have made significant inroads at various biomanufacturing stages as a
reliable and cost-effective alternative. In addition, integration of single-use
technology (SUTs) in continuous bioprocess engineering is anticipated to fuel
the usage of disposables.
Rising
pressure to meet the growing demand for biopharmaceuticals is expected to
significantly impact the adoption of SUTs within the bioprocessing industry.
Hence, this space is also expected to be benefitted by the rapid growth of
biologics. Moreover, SUT helps in enhancing operational capacity, which in
turn, prompts biopharmaceutical companies to adopt disposable equipment.
Growing
popularity of contract services for bioproduction has played a major role in
reshaping the SUT’s landscape. Furthermore, understanding the advantages of
disposable biomanufacturing equipment, firms have been investing in
breakthrough innovations and incremental changes to augment the scope of
disposables.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/single-use-bioprocessing-market
https://www.grandviewresearch.com/industry-analysis/single-use-bioprocessing-market
Further key findings from the report suggest:
- By product,
simple and peripheral elements dominated the market as a result of wide
usage in upstream biopharmaceutical production
- The
apparatus and plants segment is expected to grow at a lucrative pace
primarily due to enormous investments in the development of single-use
bioreactors (SUBs) and filtration systems
- By workflow,
the upstream segment is fueled by successful implementation of single-use
systems (SUSs) in upstream processing as well as continuous introduction
of new products to simplify these processes
- On the basis
of end use, biopharmaceutical manufacturers dominated the market, with
CMOs & CROs accounting for a majority of the share. This is majorly
due to continuous expansion of single-use manufacturing facilities by CMOs
- North
America dominates the global market as a result of presence of a
substantial number biopharmaceutical manufacturing entities in the region.
Asia Pacific, on the other hand, is expected to be the fastest growing
regional market owing to continuous expansion of contract manufacturers
- Key players
include Sartorius AG, GE Healthcare, Eppendorf AG, and Lonza. Firms are
engaged in replacing traditional bioprocessing product lines with new SUTs
products.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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