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Single-Use Bioprocess Systems Market is expected to reach USD 55.74 billion by 2029 : Cognitive Market Research

Single-Use Bioprocess Systems Market is expected to reach USD 55.74 billion by 2029 : Cognitive Market Research

Single-Use Bioprocess Systems Market is expected to reach USD 55.74 billion by 2029 : Cognitive Market Research

As per Cognitive Market Research analysis, the Global Single-Use Bioprocess Systems market size was valued at USD 17.75 Billion in 2021 and is expected to grow at a CAGR of 15.38% during 2022-2029, reaching USD 55.74 Billion by 2029.

Read Full Report with Table of Contents :
@-https://www.cognitivemarketresearch.com/single-use-bioprocess-systems-market-report

Single-use systems bioprocessing systems refer to biopharmaceutical manufacturing equipment designed to be used once and then discarded. These systems are composed primarily of plastic components that have been sealed and sterilized using gamma irradiation. With the help of single-use bioprocessing systems, plug-and-play, process turnaround, and setup of new processing lines are much quicker. The increasing acceptance of single-use systems from the biotech industry to maximize process efficiency and rising R&D investments in pharmaceutical products are key driving factors contributing to the growth of the single-use bioprocess systems market over the forecast period. For example, single-use systems are now used for about 83.18 % of pre-commercial scale for biopharmaceutical manufacturing and increasingly for commercial product manufacturing. In addition, the rapid expansion of the biopharmaceutical industry is another factor that increases the growth of the single-use bioprocess systems market during the forecast period. However, the inaccuracy issues created while testing products may limit the growth of this market. Furthermore, advanced gene and cell therapies are rapidly making their way through the development pipeline and will provide new opportunities for single-use bioprocess systems in near future. It is expected to provide numerous opportunities for the single-use bioprocess systems market in the coming years.

Regional Analysis of the Single-Use Bioprocess Systems Market:
• North America is expected to account for a considerable revenue share in the single-use bioprocess systems market during the forecast period, 2022-2029. The growth of the market is mainly attributed to the leading U.S. biopharmaceutical manufacturers increasingly relying on modular single-use systems for flexible use, the surge in the geriatric population, and the rapid introduction of medical technologies in the region. North American companies significantly develop innovative medicines and generic pharmaceuticals, as well as over-the-counter drug products.

Top players involved in the Global Single-Use Bioprocess Systems Market:
- The market involves key players such as
• Tarpon Biosystems Inc.
• GE Healthcare
• STI Components Inc.
• Merck & Co Inc.
• Saint-Gobain Corporation
• Sartorius Stedim Biotech SA
• PendoTECH
• ThermoFisher Scientific Inc.
• Parker Hannifin Corporation
• Pall Corporation
• Eppendorf AG
• Cellexus Ltd.
• Broadley-James Ltd.
• Others.

News:
• Merck invested in single-use manufacturing to accelerate production expansion facilities
- In April 2022; Merck signed an agreement with the administrative management committee of the Wuxi national high-tech industrial development zone to expand Merck's Asia-pacific Mobius single-use manufacturing centre in China. With this expansion step, Merck will efficiently extend its geographic footprint and strengthen its supply chain opportunities in China and the Asia-Pacific region. This investment is expected to create around 1,000 new positions and operations by the end of 2024.

• PharmNXT Biotech opened its first integrated manufacturing unit for single-use bioprocessing systems
- Single-use bioprocessing has experienced huge growth in the biopharmaceutical manufacturing market. PharmNXT Biotech opened its first integrated manufacturing unit for single-use bioprocessing systems in Chakan, Pune. With the launch of this unit, the company aimed to empower its regional & global customers and provide single-use products, and solutions at a fast pace.

• Automation will provide a great opportunity for single-use bioprocessing over the forecast period
- In the coming years, single-use bioprocessing will have more automated features with closed systems supporting continuous manufacturing for upstream and downstream activities. Automation will gain the major market share in the next generation of single-use systems. Now, fully automated systems can offer flow rates and pressure rates to process a 2,000 L bioreactor.

Segment Analysis:
• Based On The Product, the market is segmented into single-use media bags and containers, single-use assemblies, single-use bioreactors, disposable mixers, and others. The single-use media bags and containers segment led the global single-use bioprocessing systems market to acquire the major share and is expected to remain in the top position over the forecast period. Single-use bioprocess bags offer a streamlined process to enhance manufacturing productivity. By providing strength, durability, and temperature resistance, a single-use bioprocess bag is ensuring durability to withstand machine handling.

• Based On The End-User Type, the market is segmented into biopharmaceutical manufacturers, life science R&D companies & academic research, contract research organization & manufacturers. Biopharmaceutical manufacturers have dominated the end-user segment owing to the single-use systems (SUS) being increasingly used as a substitute for stainless-steel equipment for biopharmaceutical manufacturing processes.

Related Report:
• Biopharmaceutical market - https://www.cognitivemarketresearch.com/biopharmaceutical-market-report
• Diabetes devices market - https://www.cognitivemarketresearch.com/diabetes-devices-market-report
• Generic drugs market - https://www.cognitivemarketresearch.com/generic-drugs-market-report
• Oncology market - https://www.cognitivemarketresearch.com/oncology-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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