Market Overview:
In the year 2018 Global Single-use Bioprocessing Market was valued at USD 3.34 billion. By the year 2023, it is predicted to reach USD 7.48 billion with pace of 17.5% CAGR.
Single-use bioprocessing technologies are used in the development and manufacturing of pharmaceutical products such as vaccines, monoclonal antibodies (mAbs), personalized medicine, and others. These systems reduce the risk of cross contamination, user-friendly, and efficient processing of biologics.
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Factors affecting market growth:
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Market Segmentation
The Global Single-use Bioprocessing Market is segmented on the basis of
Product
End User
The media bags & containers segment is dominated in the global single-use bioprocessing market which is expected to increase market growth during the forecast period. Based on Application filtration segment is rapidly growing due to process development which is expected to increase the single-use bioprocessing market during the forecast period.
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Key players:
Leading companies for the global single-use bioprocessing market Merck Millipore (Merck Group), 3M Company, Eppendorf AG, Finesse Solutions, Inc., Applikon Biotechnology B.V., Cesco Bioengineering Co., Ltd., Thermo Fisher Scientific, Danaher Corporation, GE Healthcare (General Electric Company), and Sartorius Stedim Biotech S.A.
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