Impact Analysis of Covid-19
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The global Single-use BioprocessingMarketwas valued at USD 2.43 billion in 2016 and is projected to reach USD 10.57 billion by 2025, growing at a CAGR of 17.75% from 2017 to 2025.
The bio-therapeutic market has been rapidly diverting towards usage of single-use technologies to reduce risk and improve operational efficiencies. Single-use technologies have turned out as robust and scalable from lab/scale-up to cGMP production applications including, single-use bioprocessing equipment. Due to the provided advantages and properties, the market is expected to grow at a high CAGR.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing Demand for Biopharmaceuticals
1.2 Lower Costs and Lesser Environmental Impact of Single-Use Bioprocessing Technologies
1.3 Faster Implementation and Lower Risk of Product Cross-Contamination
2. Market Restraints
2.1 Issues Related to Leachables and Extractables
Market Segmentation:
1. Global Single-use Bioprocessing Market, by Application:
1.1 Filtration
1.2 Storage
1.3 Cell Culture
1.4 Mixing
1.5 Purification
2. Global Single-use Bioprocessing Market, by Product:
2.1 Media Bags and Containers
2.2 Filtration Assemblies
2.3 Disposable/Single-Use Bioreactors
2.4 Disposable Mixers
2.5 Other Products (Tubing, Connectors, and Samplers)
3. Global Single-use Bioprocessing Market, by End User:
3.1 Biopharmaceutical Manufacturers
3.2 Life Science R&D
4. Global Single-use Bioprocessing Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Thermo Fisher Scientific Inc.
2. GE Healthcare
3. Sartorius Stedim Biotech S.A.
4. Merck Millipore
5. Danaher Corporation
6. 3M Company
7. Eppendorf AG
8. Finesse Solutions, Inc.
9. Applikon Biotechnology
10. Cesco Bioengineering C0. Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Single-use BioprocessingMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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