by Single-use Bioprocessing Systems Market – Snapshot
Single-use systems are biopharmaceutical manufacturing (bioprocessing) equipment that are designed to be utilized once and then disposed off. Usually, single-use systems equipment is made of plastic components that have been sterilized and sealed utilizing gamma irradiation. The global single-use bioprocessing systems market is likely to observe growth due to rising demand for biologics.
Get the sample copy of report@ https://qyresearchmedical.com/sample/111692
Flexibility and Speed of the Product to Bolster its Demand in the Near Future
The global single-use bioprocessing systems market is likely to be driven by the increasing expiry of patents of blockbuster molecules and rising demand for biologics. In addition, there are a limited number of potential products in the pipeline is further predicted to pave way for steady growth of the global single-use bioprocessing systems market. Novel technologies like single-use bioprocessing come with quick turnaround of products and are cost-effective. The benefits of single use bioprocessing systems are as mentioned below
- Diminished chances of cross contamination
- Cost reduction
- Hassle-free disposal
- Reduced demand for energy and water
- Increase in productivity
- Time savings
Single-use technology has emerged as a prominent one in the pre-commercial manufacturing, comprising both clinical and preclinical scale. In the last few years, there has been a rapid rise in the adoption of single-use technology-based process lines. Such is the adoption rate, that this technology has even exerted dominance over pre-commercial biopharmaceutical manufacturing. In most of the bioprocessing set ups, a considerable amount of disposable products are used, which add to the revenue of the global single-use bioprocessing systems market in the years to come.
While keeping the total operational cost to the minimum, the speed and flexibility of single use products has further augmented the adoption of the Single-use technology-based process lines. In addition, with the advent of intelligent biomanufacturing and automation, the effectiveness of these processes has been increased rapidly. With the rising technological progress, single-use bioprocessing model is expected to witness augmented expansion.
Market and Report Description
Single-use bioprocessing systems are disposable equipment and consumables used in research & development as well as commercial production of biologics and metabolites. Adoption of single-use bioprocessing systems has seen a paradigm shift in recent years compared to its market over a decade ago.
Single-use bioprocessing systems include bioreactors & fermenters, mixers, bags, bioprocess containers, filtration devices, tubing, sampling systems, connectors & clamps, and probes & sensors
Single-use bioprocessing systems are majorly used to prevent hospital acquired infection. Single-use bioprocessing systems permit biopharmaceutical organizations to conduct speedy R&D and pilot studies, with the added benefit of lowered capital costs.
Market Drivers: Overview
Growing acceptance of single-use technologies in manufacturing processes and technological advancements drives the single-use bioprocessing systems market
Ability of customers to make changes and order single-use product as per their own customization also drives the single-use bioprocessing systems market. Bioreactors and single-use bags and containers are all open to customer specific requirements, depending on type of application.
Number of therapeutic antibody candidates in phase 3 clinical development in the U.S. has risen to over 50 in the past five years, almost double of what it was back then. Single-use technologies are being rapidly adopted in these application areas. Hence, growth in monoclonal antibody production and vaccine production is anticipated to drive the single-use bioprocessing systems market.
Global increase in ageing population is also major factor for increase in growth of single-use bioprocessing systems market. According to the 2016s research findings by the World Health Organization (WHO), people aged 60 and above will approximately reach 2.5 billion by end of 2050. The aging population is more prone to diseases such as hypertension, chronic kidney diseases diabetes, cardiovascular diseases, and cancer as they have less immunity. Such factors are likely to drive the growth of single-use bioprocessing systems market
Market Segmentation: Global Single-use Bioprocessing Systems Market
Based on product, the global single-use bioprocessing systems market has been divided into bioreactors & fermenters, mixers, bags, bioprocess containers, filtration devices, tubing, sampling systems, connectors & clamps, and probes & sensors
In terms of application, the global single-use bioprocessing systems market has been classified into monoclonal antibody production, vaccine production, plant cell cultivation, patient specific cell therapies, and others
In terms of end-user, the global single-use bioprocessing systems market has been categorized into pharmaceutical companies, biotechnology companies, CROs & CMOs, and academic & research institutes
Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The report provides current and future revenue (US$ Mn) for each of these segments from 2018 to 2028, considering 2019 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2020 to 2028 along with market size estimations.
Geographic Overview: Global Single-use Bioprocessing Systems Market
In terms of region, the global single-use bioprocessing systems market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Regions have been divided into major countries and sub-regions.
The current and future market values in terms of revenue (US$ Mn) of these regional markets and their major countries have been provided in the report from 2018 to 2028, with their CAGRs from 2020 to 2028
The study also offers a list of recommendations, highlights, and useful insights of the market which would help new companies willing to enter the market and existing companies to increase market shares, and help in the decision-making process.
Major Players
The report concludes with the company profiles section that includes key information about major players in the market
Leading players analyzed in the report include
- Danaher Corporation
- Eppendorf AG
- Meissner Filtration Products, Inc.
- Parker Hannifin Corporation
- PBS Biotech, Inc
- Thermo Fisher Scientific, Inc
- GE Healthcare (General Electric Company)
- Merck KGaA
- Saint-Gobain
- Sartorius AG.
Each of these players has been profiled in the report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
Key Questions Answered in the Single-use Bioprocessing System Market Report
- What is the sales/revenue generated by single-use bioprocessing system across all regions during the forecast period?
- What are the opportunities in the single-use bioprocessing system market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which region is set to expand at the fastest CAGR during the forecast period?
- Which product segment is expected to generate the highest revenue globally in 2028? Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Global Single-use Bioprocessing System Market – Segmentation
Product
- Bioreactors & Fermenters
- Mixers
- Bags
- Tubing
- Filtration Devices
- Bioprocess Containers
- Sampling Systems
- Connectors & Clamps
- Probes & Sensors
Application
- Monoclonal Antibody Production
- Vaccine Production
- Plant Cell Cultivation
- Patient Specific Cell Therapies
- Others
End-user
- Pharmaceutical Companies
- Biotechnology Companies
- CROs & CMOs
- Academic & Research Institutes
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Purchase Complete Report Now@ https://qyresearchmedical.com/sample/111692
