Single-Use Bioprocessing Market to Reach US$ 31.5 Billion by 2027 | CAGR of 18.4%

The latest report published by IMARC Group, titled "Single-Use Bioprocessing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022- 2027," the global single-use bioprocessing market reached a value of US$ 12.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.5 Billion by 2027, exhibiting a CAGR of 18.4% during 2022-2027. Single-Use Bioprocessing currently represents one of the rapidly evolving technologies in the pharmaceutical industry. It has completely revolutionized the upstream and downstream processes in the manufacturing of biological products. Some of the benefits offered by cinclude saving time, easy disposal, increased productivity and reduced risk of cross-contamination. Apart from this, it helps in minimizing the costs associated with complicated steps, such as cleaning, sterilization and maintenance.

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Global Single-Use Bioprocessing Market Trends:

At present, there is a rise in the demand for single-use products that are manufactured using high-grade polymer materials and plastic composites as they provide integral strength and help in minimizing the overall operational costs. Besides this, they also ensure continuity in biomanufacturing, which is further propelling the Single-Use Bioprocessing market growth. Furthermore, major industry participants are participating in merger and acquisition (M&A) activities to strengthen their position in the market. For instance, Danaher Corporation entered the Single-Use Bioprocessing business by acquiring Pall Corporation (US) in 2015. Key industry players are also incorporating technological advancements, such as automation, and big data and machine learning (ML) solutions in bioprocessing, to develop analytical models for predicting errors and improving accuracy during medical procedures.

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Competitive Landscape With Key Players :

• Applikon Biotechnology BV
• Boehringer Ingelheim International GmbH
• Cesco Bioengineering Co. Ltd., Corning Inc.
• Danaher Corporation, Entegris, Inc.
• Eppendorf AG, Finesse Solutions, Inc.
• General Electric (GE) Company
• Infors AG
• Merck KGaA,
• Rentschler Biopharma SE
• Sartorius AG
• Thermo Fisher Scientific Inc. and 3M Company.

Breakup by Product Type:

• Media Bags and Containers
• Filtration Assemblies
• Single-Use Bioreactors
• Disposable Mixers
• Others

Breakup by Application:

• Filtration
• Storage
• Cell Culture
• Mixing
• Purification

Breakup by End-Use:

• Upstream
• Fermentation
• Downstream

Breakup by End-User:

• Biopharmaceutical Manufacturers
• Life Science R&D
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
• Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

NOTE: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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