Single-Use Assemblies Market 2033: Industry Size, Analysis, Share, and Growth Forecast

"The Business Research Company recently released a comprehensive report on the Global Single-Use Assemblies Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 growth in the historic period can be attributed to biopharmaceutical manufacturing, flexibility and cost efficiency, reduction of cross-contamination risks, regulatory compliance in biomanufacturing, demand for modular and plug-and-play systems..

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%. The growth in the forecast period can be attributed to expansion of personalized medicine, gene and cell therapy production, continuous biomanufacturing adoption, modular and flexible biomanufacturing facilities, emerging markets and global biomanufacturing hubs, single-use manufacturing for vaccine production.. Major trends in the forecast period include advanced sensor integration in single-use assemblies, iot and data analytics for bioprocess monitoring, automated and robotic single-use systems, disposable chromatography columns and membranes, single-use tangential flow filtration (tff) systems, scalable and standardized single-use processes..

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Market Drivers and Trends:

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 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.

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Major Key Players of the Market:

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.

Single-Use Assemblies Market 2024 Key Insights:

• 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%.
• Growing Demand For Biopharmaceuticals And Increased Life Science Research And Develeopment Propel Single-Use Assemblies Market
• Technological Advancements Drive Market Position In The Single-Use Assemblies Sector
• North America was the largest region in the single-use assemblies market in 2023

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