Single Use Bioprocessing Market
Report ID: SQMIG35I2263
Report ID:
SQMIG35I2263 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|Tables:
91
|Figures:
76
Global Single Use Bioprocessing Market size was valued at USD 13.50 billion in 2022 and is poised to grow from USD 15.46 billion in 2023 to USD 45.67 billion by 2031, growing at a CAGR of 14.5% in the forecast period (2024-2031).
Increasing popularity of single use technology due to the reduction in capital cost and facility construction time coupled with the rising prevalence of disposables in the bioprocessing industry are the major factors expected to drive the global single use bioprocessing market over the forecast period. In addition, rising adoption of disposables among various manufacturing organizations and increasing number of innovations of new and advanced devices are also projected to contribute significantly to the growth of the market. For instance, in May 2022, ILC Dover LP announced the launch of its liquid single-use bioprocessing bags for supplying sterile liquids. It will help the company to expand its product offerings in the single use bioprocessing global market.
Furthermore, an extensive growing number of vendors and suppliers offering robust disposables and other types of biopharmaceutical commercials is another key factor likely to boost the growth and demand for single use bioprocessing market over the forecast period. Moreover, introduction of innovative and new automation in the bioprocessing industry couple with the development of big data analytics is anticipated to have a positive impact on the global market over the coming years.
US Single Use Bioprocessing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Global single use bioprocessing market is segmented on the basis of workflow, product, end-user, and region. By workflow, the market is sub-segmented into upstream, downstream, and fermentation. By product, the market is categorized into filtration assembles, disposable bioreactors, bags, and others. By end-user, the market is classified into biopharmaceutical manufacturers, clinical & academic research institutes, and others. By region, the Single Use Bioprocessing Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.
Single Use Bioprocessing Market Analysis by Workflow
By workflow, the upstream segment accounted for the largest market share in 2021. Easy availability of single-systems for upstream processes including media preparation, aseptic sampling, and others along with the rising disposable bioprocess applications are the major factors driving the growth of the segment. In addition, increasing focus by various suppliers and manufacturers on offering advanced products and easy availability of upstream around the world are further expected to propel the growth of the segment in the coming years.
Furthermore, the downstream segment is witnessing fastest growth rate during the forecast period owing to growing implementation of disposables in downstream processing and introduction of various new disposable unit operation systems for various applications such as filtration devices, pumps, and heat exchangers in the global market.
Single Use Bioprocessing Market Analysis by End-User
By end-user, the biopharmaceutical manufacturers segment held the largest market share and accounted in 2021 and accounted for a significant growth rate. The rising popularity of single-use systems and disposables among several biopharmaceutical manufacturers around the globe has resulted in significant growth of the segment over the last few years. Additionally, rising investments by several manufacturers for the expansion of manufacturing capacities by installing new disposable equipment and systems to fulfill the changing consumer demand is also likely to be a key factor driving the segment growth over the forecast period.
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Globally, North America dominated the single use bioprocessing market and accounted for a healthy market share in 2021 and is expected to maintain its dominance throughout the forecast period. The rising biopharmaceutical research & development activities and large presence of international market players such as Thermo Fisher Scientific Inc., Danaher Corporation, and G&G Technologies in the region are the major factors projected to drive the growth of the market over the coming years. For instance, in January 2021, Fujifilm Diosynth invested an amount of USD 2 billion in its United States sites for the expansion of its cell culture production in the country.
Furthermore, Asia Pacific is witnessing fastest CAGR during the forecast period due to the rising usage and adoption of biopharmaceuticals in countries including India, China, and Japan. In addition, growing investment b key market players of biotechnology and pharmaceutical companies in the region for the development and enhancement of manufacturing process is further anticipated to drive the growth of the single use bioprocessing market in the coming years.
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Single Use Bioprocessing Market Drivers
Single Use Bioprocessing Market Restraint
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The global single use bioprocessing market is moderately competitive with the presence of many international and regional market players operating all over the world. The top 5 companies of the market dominated the majority of market share including Thermo Fisher Scientific, Sartorius AG, and Eppendorf AG. Key players are implementing on several business strategies including new innovation, acquisition, mergers, partnerships, and collaboration for the expansion of their geographical presence and product portfolio.
Single Use Bioprocessing Market Top Player’s Company Profiles
Single Use Bioprocessing Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global single use bioprocessing market is witnessing strong growth during the forecast period owing to the rise in demand for biopharmaceuticals, increasing technological advancements, and increased consumer disposables income around the globe. In addition, characteristics such as increased in productivity, easy disposal, time saving, and reduced risk of cross-contamination are the key factors likely to boost the demand for single use bioprocessing systems in the near future.
Report Metric | Details |
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Market size value in 2022 | USD 13.50 billion |
Market size value in 2031 | USD 45.67 billion |
Growth Rate | 14.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Single Use Bioprocessing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Single Use Bioprocessing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Single Use Bioprocessing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Single Use Bioprocessing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35I2263
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