Single-Use Assemblies Market 2024 | Market Overview, Business Opportunities, Industry Share And Forecast To 2033

The new report published by The Business Research Company, titled ""Single-Use Assemblies Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the single-use assemblies market size has grown exponentially in recent years. It will grow from $5.1 billion in 2023 to $6.27 billion in 2024 at a compound annual growth rate (CAGR) of 22.9%. The single-use assemblies market size is expected to see exponential growth in the next few years. It will grow to $14.16 billion in 2028 at a compound annual growth rate (CAGR) of 22.6%.

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Growing Demand For Biopharmaceuticals And Increased Life Science Research And Develeopment Propel Single-Use Assemblies Market
An increase in demand for biopharmaceuticals and a rise in life science R&D are expected to propel the growth of single-use assemblies. Biopharmaceuticals are sophisticated medicines produced from living cells or organisms and are frequently created using cutting-edge biotechnological techniques. Single-use systems are utilized in biopharmaceutical manufacturing. Increased lie science R&D spending is also a contributor to the development of new drugs. For instance, in June 2022, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), a European trade association representing the pharmaceutical industry, the total pharmaceutical production in Europe accounted for $351 billion (€300,000 million) in 2021, with an increase of approximately 5% from $335.2 billion (€286,697 million) in 2020. Thus, R&D investment in the Spanish pharmaceutical business hit 1,267 million euros in 2021, a 9.2% increase over the previous year, 2020, when the second-highest investment total of 1,160 million was obtained. Therefore, an increase in demand for biopharmaceuticals and a rise in life science R&D are driving the growth of single-use assemblies.

Technological Advancements Drive Market Position In The Single-Use Assemblies Sector
Technological advancement is a key trend gaining popularity in the single-use assembly market. Major companies operating in the market are introducing new technologies, such as the Thermo Scientific HyPeak chromatography system, which is a single-use chromatography system, to sustain their position in the market. For instance, in October 2021, Thermo Fisher Scientific, a US-based manufacturer of scientific instruments, launched the Thermo Scientific HyPeak chromatography system, which is a single-use chromatography system. That helps with flows ranging from one liter per hour to 80 liters per hour. That had unique features such as zero dead-leg and a ring flush valve manifold that helped improve product yield and operation.

The single-use assemblies market covered in this report is segmented -

1) By Product Type: Filtration Assemblies, Bag Assemblies, Bottle Assemblies, Mixing System Assemblies
2) By Solution: Standard Solutions, Customized Solutions
3) By Application: Cell Culture And Mixing, Filtration, Storage, Sampling, Fill-Finish application
4) By End User: Biopharmaceutical And Pharmaceutical Companies, Contract Research And Contract Manufacturing Organizations, Academic And Research Institutes

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Major companies operating in the single-use assemblies market include Avantor Inc., Corning Incorporated, Danaher Corporation, Thermo Fisher Scientific Inc., Sartorius AG, Merck KGaA, Entegris Inc., KUHNER AG, Lonza Group Ltd., Saint-Gobain India Pvt. Ltd., Parker Hannifin Corporation, Repligen Corporation, Meissner Filtration Products, NewAge Industries Inc., Antylia Scientific, Romynox B.V, Global Life Sciences Solutions USA, Wego Pharmaceutical, Eppendorf AG, Finesse Solutions, GE Healthcare Life Sciences, GEA Group AG, Infors AG, MilliporeSigma, Pall Corporation, PendoTECH, SaniSure Inc., Keofitt A/S, Intellitech Inc., Dover Corporation, Foxx Life Sciences, TSE Industries Inc., Fujimori Kogyo Co. Ltd., Compagnie Générale des Établissements Michelin, Cellexus Ltd., Fluid Flow Products Inc.

Contents of the report:
1. Executive Summary
2. Single-Use Assemblies Market Report Structure
3. Single-Use Assemblies Market Trends And Strategies
4. Single-Use Assemblies Market - Macro Economic Scenario
5. Single-Use Assemblies Market Size And Growth
…..
27. Single-Use Assemblies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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