Single use Bioprocessing Market worth $20.8 billion by 2026| Thermo Fisher Scientific (US), Danaher Corporation (US), Sartorius Stedim Biotech S.A. (France), and Merck KGaA (Germany)

The report "Single use Bioprocessing Market Size, Growth by Product (Media Bags and containers, Bioreactors, Mixers, Assemblies), Application (Cell Culture, Mixing, Storage, Filtration, Purification), End User (Biopharma Companies, CROs, CMOs) - Global Forecast 2026", is projected to reach USD 20.8 billion by 2026, at a CAGR of 20.5%.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231651297&utm_source=OPenpr&utm_medium=referral

the Single-use bioprocessing is a rapidly evolving technology used to develop disposable bioprocessing equipment and accessories to manufacturing biopharmaceutical molecules such as recombinant proteins, monoclonal antibodies, vaccines, and stem cells. Bioprocess utilizes living cells or their components such as enzymes, bacteria, and others to obtain preferred products. The central idea behind using single-use bioprocessing technology in the bioprocess is to decrease the cost associated with complicated steps such as cleaning, sterilization, and maintenance of steel-based bioreactor systems.

The single-use media bags and containers segment accounted for the largest share of the product segment in the single-use bioprocessing market in 2020.

Based on product, the market is categorized into single-use media bags and containers, single-use assemblies, single-use bioreactors, disposable mixers, and other products. The other products segment includes single-use vessels, tubing, connectors. In 2020, the single-use media bags and containers segment accounted for the largest share of 30.7% of the global single use bioprocessing market by product. Single-use bioprocessing systems offer benefits such as lower capital investment, lower operating expenses, and lower environmental footprint, thus driving the growing adoption of these systems in biopharmaceutical applications.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=231651297&utm_source=OPenpr&utm_medium=referral

The filtration segment accounted for the largest share of the application segment in the market in 2020

Based on the application, the single-use bioprocessing market is categorized into five segments based on applications: filtration, mixing, purification, storage, and cell culture. Over the years, technological advancements and the growing adoption of single-use technologies have played a crucial role in widening the applications of single-use bioprocessing systems. Single-use bioprocessing systems are mainly used in upstream and downstream processes in life sciences R&D and biopharmaceutical manufacturing processes.

The Asia Pacific region is the fastest-growing region of the single-use bioprocessing market in 2020.

Based on the region, the market is divided into five major regions-North America, Europe, Asia Pacific, Latin America (LATAM), and the Middle East and Africa (MEA). The single use bioprocessing market in the APAC, particularly in China, Japan and India, is expected to witness high growth during the forecast period. Growth in these markets will be fueled by significant investments by key market players, increasing government support, developing R&D infrastructure, increasing outsourcing, and growing expertise & academic excellence.

The single-use bioprocessing market is highly consolidated with majority of the market share taken up by key players such as Thermo Fisher Scientific (US), Danaher Corporation (US), Sartorius Stedim Biotech S.A. (France), and Merck KGaA (Germany). The key players in this market are increasingly focusing on strategic expansions, partnerships, and product approvals to expand their manufacturing capabilities and increase market presence.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231651297&utm_source=OPenpr&utm_medium=referral

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/single-use-bioprocessing-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/single-use-bioprocessing.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.