USD 4.13 billion
Report ID:
SQMIG35A2204 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|Tables:
64
|Figures:
75
Single Use Filtration Assembly Market size was valued at USD 5.69 billion in 2022 and is poised to grow from USD 6.33 billion in 2023 to USD 14.89 billion by 2031, growing at a CAGR of 11.28% in the forecast period (2024-2031).
A single-use assembly is an all-in-one, customer-specific, ready-to-use product comprised of various plastic components that are put together into a single unit. Filtration is becoming more and more popular because it ensures that workers do not encounter cytotoxic fluids, cleaning solutions, or buffers with extreme pH levels. This guarantees operator safety and reduces the time it takes to market products. Single use filtration assembly is superior in comparison to traditional stainless-steel assemblies because of its advantages such as rapid implemented and low hazard of contamination.
Despite the strong uptake, the market is still behind in replacing multi-use stainless steel items in large-scale manufacturing. The advent of single-use filtration systems for large-scale operations has consequently provided significant prospects for new market players. As the need of maintaining a sterile environment has grown, the preference for single-use filtering assembly has substantially increased. Many biopharmaceutical businesses now employ single-use filtration assemblies for final and bulk fill processes.
US Single-Use Filtration Assemblies Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 4.13 billion
Largest Segment
Membrane Filtration
Fastest Growth
Centrifugation
Growth Rate
11.28% CAGR
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Global single use filtration assembly market is segmented on the basis of type, applications and region. Based on type, it is sub segmented into Membrane Filtration, Depth Filtration, Centrifugation, and others. On the basis of application, it is categorized into Pharmaceuticals Manufacturing Market, Bioprocessing or Biopharmaceuticals Market and Laboratory Use. Based on the region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Single Use Filtration Assembly Market Analysis by Type
Membrane filtration held the largest global single use filtration assembly market share in 2021. By recirculating the product solution membrane filtration has been known to damage the sensitive biotherapeutics. Many of the substantial players are investing in membrane filtration assembly to improve downstream bioprocessing. It can be used for process development, large-scale GMP manufacturing, and R&D because it is made to overcome the constraint.
These improvements had raised the high usage rate of membrane filtering, thereby increasing the revenue share of this segment. The capacity problem with the single-use centrifugation methods increased prices and led to surge in waste production. A number of companies are investing in the development of replacement technologies in order to avoid the necessity for single-use centrifugation method. As a result, centrifugation method has the lowest market penetration at the moment.
Single Use Filtration Assembly Market Analysis by Application
Biomanufacturing application segment occupies the largest global single use filtration assembly market share. The ongoing growth of the contract biomanufacturing industry is one of the major drivers as these companies are regarded as early adopters of single-use technologies.
The single use filtering technique is being used by biopharma manufacturers to build new facilities and expand their capacity in an effort to increase revenue. This has led to an increase in the market share of the biopharmaceutical segment in the market. As being one of the main consumers of single-use technologies, laboratories have made considerable contributions for revenue generation.
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Globally, North America dominates the global single use filtration assembly market share. The presence of a well-established biopharmaceutical industry and a low danger of contamination are credited for the high market share. The market is anticipated to rise due to low implementation costs, growing acceptance in biopharmaceutical businesses, and rising R&D in this region.
Asia-Pacific is expected to be the fastest growing region during the forecast period. This can be attributed to the lower labour and operational costs. These factors will lead to the increased adoption of disposable filters in the Asian countries and thereby increasing the expansion of biopharmaceutical sector here. China is estimated to be the major focus due to its high CAGR because of increasing contract deals in pharmaceutical sector. Additionally, it is estimated that the adoption of disposable filters within the China bioprocessing sector will be influenced by the growing preference for biotherapeutics over chemical entities.
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Single Use Filtration Assembly Market Driver
Superior Properties to Influence Market Growth
Single Use Filtration Assembly Market Restraint
Impact of Single-Use Filtration Assemblies on Environment to Hinder Market Growth
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Global single-use filtration assembly market has the presence of many major companies. Key players include Sartorius AG, The 3M Company, Repligen Corporation, Meissner Filtration Products Inc., Thermo Fisher Scientific Inc. The major key players follow organic growth strategies such as new product launches, product approval and patents and inorganic growth by merger & acquisition, strategic collaboration & partnership to builds a way for market expansion and increasing consumer base.
Single Use Filtration Assembly Market Top Player’s Company Profile
Single Use Filtration Assembly Market Recent Development
Global Single-Use Filtration Assemblies Market to Witness Increased Investment in Coming Years
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 Global Single-Use Filtration Assemblies Market analysis, the biopharmaceutical and pharmaceutical segment held the larger share of the Global single use filtration assemblies market. As the aged are more susceptible to illnesses and disorders that are treated with biologics, there is an increase in the demand for biopharmaceuticals among the geriatric population. As a result, biopharmaceutical companies are putting more of an emphasis on creating inexpensive biologics at reduced prices and because single-use assemblies are useful at all stages of the production process, their use is expanding along with the development of biologics and biosimilars.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 5.69 billion |
Market size value in 2031 | USD 14.89 billion |
Growth Rate | 11.28% |
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 Filtration Assemblies 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 Filtration Assemblies 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 Filtration Assemblies Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
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Report ID: SQMIG35A2204
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