Single-Use Bioprocessing Industry Will Reach $80.36 Billion By 2030 | CAGR 17.10%

In 2022, the single-use bioprocessing market was worth around USD 22.73 billion, and it is projected to advance at a 17.10% CAGR from 2022 to 2030, hitting USD 80.36 billion by 2030, according to P&S Intelligence.

Conduits, vessels, and active consumables that come into interaction with process fluids just once are rejected, also denoted as single-use bioprocessing arrangements. In their most elementary form, they substitute stainless steel, plastic, and glass.

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Therefore, bioprocessing industries have accepted progressive malleable machinery and flexible manufacturing amenities that can make several biopharmaceutical items simultaneously.

Based on application, the Single-Use Bioprocessing Market is divided into monoclonal antibody production, patient-specific cell therapies, vaccine production, plant cell cultivation, and others.

Between these the monoclonal antibody production category is projected to enlarge at the highest pace, of approximately 18.1%, in the coming few years. Monoclonal antibodies play a vital role in the making of inoculations and are tremendously supportive in the treatment of a range of immune illnesses.

Because of the constant trend of launching novel throwaway devices to developed countries like Canada and the U.S. before introducing them to the rest of the globe, the single-use bioprocessing industry in North America held the highest revenue share.

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The market growth has also been boosted by a surge in the utilization of throw-away bioprocessing technologies for a range of biopharmaceutical applications and the continent is famous for its medicinal services and healthcare amenities.

Hence, the main boosters of the single-use bioprocessing industry include improved user protection through closed systems, less capital expenditure and commissioning time, and the least danger of cross-infection.

Browse more reports:

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Single-Cell Analysis Market - https://www.psmarketresearch.com/market-analysis/single-cell-analysis-market

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This release was published on openPR.