Press release
Single Use Consumables Market by Product (Tubing, Connectors, Disconnectors, Adapters, Valves, Capsule Filter, Sensors), Application (Filtration, Storage, Cell Culture, Sampling), End User (Biotech, Pharma, CROs & CMOs, OEMs) - Global Forecast to 2027
The global single-use consumables market is projected to reach USD 4.7 billion by 2027, at a CAGR of 16.6% during the forecast period. Launch of novel consumables in the market coupled with increasing adoption of single use technologies in the biopharmaceutical industry. Furthermore, increased adoption of biopharmaceuticals and use of single use bioprocessing in vaccine production is likely to have positive impact on market growth.The single-use consumables market is witnessing growth in emerging countries such as China, India, South Korea, Singapore, Vietnam, Japan, and Brazil. These markets have huge development potential for providers who are unable to adhere to the strict regulatory standards in the US and EU as they lack appropriate standards and governmental laws.
Single Use Consumables Market Key Players
Key players in the global single use consumables market Thermo Fisher Scientific, Inc. (US), Sartorius Stedim Biotech (France), Danaher Corporation (US), Merck KGaA (Germany), Avantor Inc. (US) and among others.
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Biopharmaceuticals & Pharmaceutical companies held a dominant share in end user segment in Single-use consumables market
Based on end user, the single-use consumables market is segmented into biopharmaceuticals and pharmaceutical companies, contract research organizations & contract manufacturing organizations, and academic and research institutes. The biopharmaceuticals and pharmaceutical companies segment accounted for the largest market share in 2021.
North America accounted for largest share in single-use consumables market in 2021
Geographically, the single-use consumables market is segmented into North America, Europe, Asia Pacific and ROW. North America held dominant share followed by Europe. The major players operating in the single-use consumables market, such as Danaher Corporation (US) and Thermo Fisher Scientific (US), have a strong presence in North America, with a wide customer base and established distribution channels.
Increasing demand for biopharmaceuticals is one of the major factors driving market growth in this region. The growing demand for biopharmaceuticals is due to the rising prevalence of chronic diseases across the region. Asia Pacific market is expected to grow at faster pace owing to increasing demand for generic drugs and biosimilars and the significant investments by biopharmaceutical companies and CMOs in emerging Asia Pacific countries.
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This report categorizes the single use consumables market into the following segments:
By Product
• Tubing's
• Connectors
• Disconnector
• Adapters
• Valves
• Disposable Capsule Filter
• Single Use Sensors
By Application
• Filtration
• Cell culture & Mixing
• Storage
• Sampling
• Other Application
By End User
• Biopharmaceutical & Pharmaceutical Companies
• OEMs (Original Equipment Manufacturers)
• Contract Research Organizations & Contract Manufacturing Organizations
• Academic & Research Institutes
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