Single-Use Assemblies Market Size, Share, Growth Analysis, By Product(Bag Assemblies, 2D bag assemblies, 3D bags assemblies, Filtration Assemblies), By Application(Filtration, Cell Culture & Mixing, Storage, Sampling), By Solution(Customized Solutions, and Standard Solutions), By Region - Industry Forecast 2024-2031

In 2022, North America established its dominance in the regional market, securing a commanding 36.45% share. This substantial foothold can be attributed to robust growth within the biotechnology and pharmaceutical sectors, product advancements, and the escalating prevalence of diseases like cancer. Concurrently, investments and funding channeled into drug discovery research have fueled this surge. For instance, a notable development unfolded in August 2022 when Thermo Fisher Scientific Inc. unveiled a cutting-edge single-use technology manufacturing facility in Greater Nashville, spanning 400,000 square feet with an investment of USD 105 million. This strategic move aimed to satisfy the escalating demand for bioprocessing materials crucial in crafting revolutionary therapies and vaccines, particularly for cancer and other ailments. The Nashville site constitutes a vital component of the company's ambitious USD 650 million multi-year initiative, focused on elevating its bioprocessing production capabilities.

Meanwhile, the Asia Pacific region is projected to exhibit the swiftest Compound Annual Growth Rate (CAGR) of 21.64% from 2023 to 2030, propelled by strategic maneuvers by key industry players. In 2021, Sartorius directed substantial investments towards China, enhancing its production capacity with additional cleanroom space dedicated to the manufacturing of single-use filters and bags. Concurrently, Cytiva, in September 2021, announced a substantial USD 52.5 million investment to establish a disposable manufacturing facility in South Korea. This expansion aligns with the aim of providing the bioprocessing sector with essential single-use bags integral to COVID-19 vaccine production.