Single-Use Bioprocessing Market is Projected to Reach $26.54 Billion by 2028, Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast 2023-2028 - Arizton
The report provides an in-depth analysis of the present scenario of the global single-use bioprocessing market and its market dynamics from 2023 to 2028. It comprehensively overviews various factors that drive market growth, restraints, and trends. Both the demand and supply aspects of the industry are thoroughly examined. Furthermore, the report includes profiles and evaluations of major companies and several other prominent players operating within the sector.
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The global single-use bioprocessing market has grown significantly in the upcoming years. New product launches enabling single-use technology adoption are a great way to reduce waste and improve sustainability. Single-use technology allows companies to reduce their reliance on disposable products and materials while still providing customers with quality products. This technology can be used to create more efficient and sustainable packaging and products that are easier to use and more cost-effective. In addition, single-use technology can help reduce the environmental impact of production and consumption and the amount of waste generated. With the launch of new products that enable the adoption of single-use technology, companies can positively impact the environment and create a more sustainable future.
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Expansion of Healthcare Sector and Growing Biologics Market Propelling the APAC Single-Use Bioprocessing Industry
APAC offers tremendous growth potential for global vendors due to the expanding healthcare sector and increased public and private spending. Moreover, major manufacturing facilities for biosimilars are being established in this region due to the high demand for biosimilars. Moreover, CMOs have strengthened their presence in this region due to global players' increasing outsourcing of manufacturing activities. Therefore, vendors have invested in and expanded their businesses in this region.
The penetration of biologics has increased significantly in the growing APAC pharma industry due to the introduction of new biologics and their increased adoption. Moreover, the high uptake of biosimilars has contributed to the market growth of the global biopharmaceuticals market, which, in turn, has driven the single-use bioprocessing market in APAC. The market for biologics, such as vaccines, stem cells, mAbs, and biosimilars manufactured using bioprocessing methods, has grown faster than the rest of the pharma drugs market in this region over the past few years. This will impact the market growth of single-use bioprocessing in APAC positively.
Growing interest and high demand from major biopharmaceutical companies for SUTs have encouraged vendors to undertake several business strategies to maintain a competitive edge over their competitors in the market. These strategies include acquiring emerging/small, specialized single-use suppliers, product portfolio development, regional market expansion, and global distribution network strengthening. For instance, major vendors have acquired local/regional and emerging companies involved in disposables manufacturing, supporting the adoption and integration of single-use bioreactors and other capital-intensive equipment. Vendors have also made huge investments to expand their existing single-use product portfolios to gain traction and expand their presence in the market.
Key Company Profiles
Thermo Fisher Scientific
Sartorius Stedim Biotech
Colder Products Company
DrM, Dr. Mueller
Foxx Life Sciences
HIGH PURITY NEW ENGLAND
Holland Applied Technologies
MEISSNER FILTRATION PRODUCTS
New Horizon Biotech
Sentinel Process Systems
Watson-Marlow Fluid Technology Solutions
W.L. Gore & Associates
Product Type: Single-use Bioprocessing Equipment and Simple & Peripheral Devices
Application: Monoclonal Antibodies (mABs), Vaccines, Cell Therapies, and Others
End-users: Biopharmaceutical Manufacturers, Contract Manufacturing Organizations (CMOs), and R&D Companies & Research Institutes
Method: Filtration, Storage & Transport, Cell Culture, Mixing, and Purification
Workflow: Upstream and Downstream
Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Key Questions Answered in the Report:
How big is the global single-use bioprocessing market?
What is the growth rate of the single-use bioprocessing market?
What are the rising trends in the single-use bioprocessing market?
Which region holds the most significant global single-use bioprocessing market share?
Who are the key players in the global single-use bioprocessing market?
Check the detailed table of contents of the report @ https://www.arizton.com/market-reports/single-use-bioprocessing-market?details=tableOfContents
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