Increasing popularity of disposables in biopharmaceutical manufacturing, rising instances of chronic diseases and developing life science research infrastructure drive the growth of global single-use bioprocessing systems market.
Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- According to a new market research report "Single-use Bioprocessing Market By Product (Media Bags And Containers, Filtration Assemblies, Single-use Bioreactors, Disposable Mixers And Others), By Application (Filtration, Storage, Cell Culture, Mixing And Purification), By End User (Research And Development Institutes And Biopharmaceutical Manufacturers) - Global Forecast to 2021", published by MarketDataForecast™, the market is expected to reach USD 5.42 Billion by 2021 from USD 2.42 Billion in 2016, at a CAGR of 17.5%.
Single-use bioprocessing technology is especially employed in the event and production of biopharmaceuticals. The technology is employed throughout the work flow of biopharmaceutical production, ranging from buffer and media preparation to bioreactor cultures for vaccines to the storage and shipping of intermediates and bulk biologics. Single-use bio-processing techniques are applied through many merchandise. A number of the most important merchandise embody manifold assemblies, bioprocess containers and baggage, single-use bioreactors, outer support containers, and single-use mixers. These merchandise cut back value relating to the complicated bio production procedures, resembling improvement, sterilization, and care of the big bioreactors.
Rising demand of disposables in biopharmaceutical production, increasing prevalence of chronic diseases, which needs biological medicine for his or her management and treatment, low producing prices of disposable merchandise and instrument, and rising natural science analysis infrastructure are a number of the expansion drivers of the world single-use bioprocessing systems market. Additionally, technological advancement in bioprocessing systems is additionally driving the expansion of the world single-use bioprocessing systems market. Increasing numbers of mergers and acquisitions and fast product launches are a number of the most important trends, ascertained within the world single-use bioprocessing systems market.
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The Media Bags and Containers are estimated to account for the largest market
On the basis of Product the market is segmented into Media Bags and Containers, Filtration assemblies, Single-use Bioreactors, Disposable Mixers and Others. The media bags and containers segment hold the most important share of the single-use bioprocessing market as of 2016 attributable to the growing demand for these products which can be used for storage and to transport the required equipment.
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The Filtration segment is expected to dominate the market
Based on Application, the market is segmented into Filtration, Storage, Cell Culture, Mixing and Purification. The filtration section leads the market owing to single-use tangential flow filters, depth filters, and method columns in the process development.
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North America is estimated to command the largest share of the market
Based on region, the Single-use Bioprocessing Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Europe and North America are the key markets for single-use bioprocessing systems, attributed to the exaggerated natural science analysis and growing demand for biopharmaceuticals. The Asia-pacific marketplace for the single-use bioprocessing systems is growing at a big rate as a result of up natural science infrastructure and increasing investment by many pharmaceutical producing firms for the event of R&D plants within the region. Aside from these regions, Latin America and Middle-East Africa are alternative vital markets of single-use bioprocessing systems.
Key players in the Single-use Bioprocessing Market include Thermo Fisher Scientific, Danaher Corporation, GE Healthcare (General Electric Company), Sartorius Stedim Biotech S.A, Merck Millipore (Merck Group), 3M Company, Eppendorf AG, Finesse Solutions, Inc., Applikon Biotechnology B.V., and Cesco Bioengineering Co., Ltd.
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