Press release
Single-use Bioprocessing Material Market Expected to Reach $6.4 Billion by 2030
Single-use Bioprocessing Material Market
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, saint gobain, Arkema, Inc., BASF, Dow chemical company, Mitsubishi Chemical Advanced Materials, evonik industries ag, SABIC, Celanese Corporation
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The single-use bioprocessing material industry is expected to witness significant growth during the forecast period due to factors such as increase in prevalence of diabetes, growth in geriatric population, rise in incidence of blindness owing to diabetes, and augment in focus on awareness, which facilitate early diagnosis to control the disease. Although these factors garner the growth of the market, dearth of skilled ophthalmologists and extended approval time for drugs can pose as a major obstacle for the growth of the single-use bioprocessing materials market size. On the other hand, emergence of combined therapies for treatment of diabetic macular edema and the emerging markets of Asia-Pacific & LAMEA are anticipated to provide several opportunities for the single-use bioprocessing material market share.
The single-use bioprocessing material market size in this report is studied on the basis of material, application, and region. On the basis of material, the market is divided into plastic, silicone, and others. On the basis of material, the plastic single-use bioprocessing material segment currently dominates the global single-use bioprocessing material market and this single-use bioprocessing material market trends is expected to continue during the forecast period owing to features of plastics such as low cost, ease of manufacture, versatility, and resistant to damage caused by water. The adoption toward use of plastic materials in single-use bioprocessing has gained traction considerably, in spite of the emerging biopharmaceutical production concerns pertaining to these materials.
By application, the market is classified into media bags & containers, tubes, filters, sampling systems, and others. On the basis of application, the media bags and containers segment dominated the global single-use bioprocessing material market in 2020 and is anticipated to be dominant in the market as they provide a single-use disposable alternative to traditional glass and rigid plastic carboys in a large variety of bioprocess applications. They enhance process reliability as they reduce the risk of cross-contamination from batch to batch and from product to product. They also eliminate the time and expense of clean-in-place (CIP) & sterilization-in-place (SIP) operations, thus optimizing capacity utilization. The expanded application of single-use bags across biomanufacturing processes drives the market for single-use media bags.
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North America dominated the market in 2020, owing to increased demand for biopharmaceuticals owing to the rise in geriatric population. The advantages of single-use bioprocessing (such as high energy efficiency, low water usage, less floor space requirement, reduced installation cost, decreased risk of product cross-contamination, and fast implementation) drive the adoption of the North America single-use bioprocessing material market. However, Asia-Pacific is expected to witness considerable market growth during the forecast period due to presence of favorable government support, rise in private investments, growth in geriatric population, surge in trend of outsourcing to emerging Asian markets, and presence of a skilled workforce in these countries.
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