Global Single Use Bioprocessing Market

Single Use Bioprocessing Market Size, Share, Growth Analysis, By Workflow(Upstream, Downstream, Fermentation), By Product(Filtration Assembles, Disposable Bioreactors, Bags, others), By End-User(Biopharmaceutical Manufacturers, Clinical & Academic Research Institutes, others), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35I2263 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 91 | Figures: 76

Single Use Bioprocessing Market Dynamics

Single Use Bioprocessing Market Drivers

  • The growing global aging population is expected to drive the global single use bioprocessing market during the forecast period. According to a report by UN ageing population highlights, approximately 727 million people in the global population were aged 65 and over in 2020, with the figure expected to rise to nearly 1.5 billion by 2050. With the significant increase in the number of elderly people, the demand for biopharmaceuticals is expected to rise significantly, as is the increasing focus and preference of major corporations on the improvement of efficiency and cost reduction of single-use systems.

Single Use Bioprocessing Market Restraint

  • However, stringent government regulations and guidelines regarding the contamination of several types of bioprocessing systems due to the properties like leachable and extractable is a major factor likely to hamper the growth of the global single use bioprocessing market during the forecast period. Concerns regarding extractable and leachable arise from the components of single use bioprocessing systems is projected to hinder the growth of the market in the coming years.
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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).

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. 'Thermo Fisher Scientific, Inc.', 'Sartorius AG', 'Merck KGaA', 'GE Healthcare Life Sciences', 'Pall Corporation (a Danaher Company)', 'Parker Hannifin Corporation', 'Eppendorf AG', '3M Company', 'Meissner Filtration Products, Inc.', 'Entegris, Inc.', 'Repligen Corporation', 'Saint-Gobain Performance Plastics Corporation', 'Finesse Solutions, Inc. (a part of Thermo Fisher Scientific, Inc.)', 'ATMI LifeSciences (a part of Entegris, Inc.)', 'Applikon Biotechnology BV', 'PendoTECH', 'Corning, Inc.', 'Cesco Bioengineering Co., Ltd.', 'Fujifilm Irvine Scientific', 'Abec, Inc.'

The growing global aging population is expected to drive the global single use bioprocessing market during the forecast period. According to a report by UN ageing population highlights, approximately 727 million people in the global population were aged 65 and over in 2020, with the figure expected to rise to nearly 1.5 billion by 2050. With the significant increase in the number of elderly people, the demand for biopharmaceuticals is expected to rise significantly, as is the increasing focus and preference of major corporations on the improvement of efficiency and cost reduction of single-use systems.

Increasing number of innovations coupled with the rising prevalence of advanced technology and rapid investing in research & development are likely to create lucrative opportunities for the global single use bioprocessing market in the coming years. Furthermore, rising number of company activities in developing single use disposable systems is also contributing to the growth and demand for the market. For instance, in March 2021, Thermo Fisher Scientific launched its new 3,000 L and 5,000 L HyPerforma single use bioreactors.

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.

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Global Single Use Bioprocessing Market

Report ID: SQMIG35I2263

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