PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1100079
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1100079
According to SPER Market Research, the Single use Bio-processing Market is estimated to reach USD 38.65 billion by 2030 with a CAGR of 18.8%. The necessitate to diminish water wastage, growing investment in research & development in biopharmaceuticals & energy sector, pros of single use technologies than conventional one, and the threat of cross-contamination; are the fuels for the escalation of this market.
The outbreak of COVID-19, provide a positive growth in this market, big pharmaceutical and biopharmaceutical companies increased their investment in research & development, manufacturing of vaccines and test kits in large numbers.
ABEC, Inc., Able Corporation & Biott Corporation, Avantor, bbi-biotech GmbH, Cellexus, Celltainer Biotech, CESCO Bioengineering Co. Ltd., Corning, Danaher Corporation, Distek, Inc., Entegris, Eppendorf AG, G&G Technologies, Getinge AB, Kuhner AG, Meissner Filtration Products, Inc., Merck KGaA, OmniBRx Biotechnologies, PBS Biotech, Inc., Pierre Guerin, Sartorius Stedim Biotech S.A., Satake Chemical Equipment Mfg., Ltd., Solida Biotech GmbH, Stobbe Pharma GmbH, Thermo Fisher Scientific
Rising geriatric population, and are more prone to chronic diseases so the demand for biopharmaceuticals is likely to amplify. The use of single-use bio processing systems is increasing by the companies to match the demand for biopharmaceuticals. Consequently, the growing demand for biopharmaceuticals is the fuel for the growth of this market.
The increase in the use of single-use bio-processing systems by the Biopharmaceutical companies, solid waste disposal from this alternative technology is a matter of concern.
Emerging economies have potential market for single-use bio-processing systems, providing vast opportunities for the players in this market.
Due to extractables and leachables; SOP concerning the contamination of single-use bio-processing system is not developed so far. Extractables and leachables are the restraints to the market.
Based on the Product, Disposable mixers, Single use Bio-processing Market is segmented as; Single-use assemblies, Single-use bioreactors, Single-use media bags and containers, other products.
Based on the Application, Single use Bio-processing Market is segmented as; Cell culture, Filtration, Mixing, Purification, and Storage.
Based on the End-Users, Single use Bio-processing Market is segmented as; Academic & Research institutes, Biopharmaceutical & Pharmaceutical Company
North America owns the biggest share of market; it is due to the demand for biopharmaceuticals is going up, this is the fuel for the escalation of Single use Bio-processing Market in North America.