Single Use Bioprocessing Market
Single-Use Bioprocessing Market is projected to touch USD 30,250 million by 2028, increasing 20.5% CAGR during the forecast period (2021-2028), due to the growing demand for pharmaceutical products.
The factors driving the growth of Single Use Bioprocessing Market includes growing demand for biopharmaceutical products, rise in the geriatric population, emerging need to reduce water wastage and increasing environment and economic concerns round the world. According to the report published by Statista, the Global Biopharmaceutical Market was calculated around USD 345.8 billion in 2021 and is predicted to reach USD 974.5 billion by the end of 2030, which is expected to boost the Single Use Bioprocessing Market size in the approaching years. Moreover, growing adoption of advanced technologies such as Big Data, Artificial Intelligence (AI) and Internet of Things (IoT) and increasing use of single use bioprocessing the production of monoclonal antibodies (mAb), are some of the additional factors supplementing the market growth. In addition, the rising investments by major corporations on research and development, rising disposable incomes and rapid urbanization, are further contributing towards the market growth.
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However, the growth of Single Use Bioprocessing Market is hindered due to strict regulations regarding the use of disposable systems in the biopharmaceutical industry.
Based on Product, the Single-use Media Bags and Containers segment held the highest market share in 2020
Increasing application of single-use media bags and containers in the biomanufacturing processes, is the major factor responsible for the segment’s growth.
Based on Region, the North American region dominated the Single Use Bioprocessing Market in 2020
Growing demand for biopharmaceutical products, rising environment concerns, increasing adoption of advanced technologies by manufacturers and high disposable incomes, are some of the important factors augmenting the market growth.
Market Segmentation
Single use Bioprocessing Market, by Product
- Single-use media bags and containers
- Single-use assemblies
- Single-use bioreactors
- Disposable mixers
- Other products
Single use Bioprocessing Market, by Application
- Filtration
- Storage
- Cell culture
- Mixing
- Purification
Single use Bioprocessing Market, by End user
- Biopharmaceutical Pharmaceutical companies
- Contract Research Organizations and contract manufacturing organizations (CROs CMOs)
- Academic Research institutes
Single use Bioprocessing Market, by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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