openPR Logo
Press release

Asia Pacific Single-use Bioprocessing Systems Market: China Outshines with Demand for Preassembled, Cost-efficient Modular Bioprocessing Plants

08-16-2017 03:42 PM CET | Health & Medicine

Press release from: Transparency Market Research

Asia Pacific Single-use Bioprocessing Systems Market: China

The market for single-use bioprocessing systems in Asia Pacific has witnessed an impressive rise since its inception and is expected to remain growing significantly, thanks to the rising adoption of single-use technology among small biotechnology startups and biopharmaceutical enterprises. As the biopharmaceutical industry is maturing, organizations across Asia Pacific are progressively focusing on finding innovative treatment solutions, which are not only different from their competitors, but also have a reduced pipeline for development that helps in bringing the product faster to the market.

Since single-use bioprocessing systems allow biopharmaceutical organizations to speed-up the research and development activities and scale up the process from pilot level to production level for the manufacturing of biopharmaceuticals, with the added advantage of reduced investment and production costs, their popularity has substantially increased, which is reflecting on their demand. The rising usage of single-use bioprocess systems at the manufacturing stage in the cGMP production of biologics is likely to boost this market over the forthcoming years.

Browse Market Research Report @ http://www.transparencymarketresearch.com/single-use-bio-processing-systems-market.html

The Asia Pacific market for single-use bioprocessing systems, which stood at US$495.0 mn in 2015, is expected to increase at a CAGR of 12.50% between 2016 and 2024 and touch a value of US$1,417.2 mn by the end of 2024.

Demand for Single-use Bags to Remain Strong

Single-use bioreactors, mixers, bags, tubing, bioprocess containers, filtration devices, sampling systems, connectors and clamps, and probes and sensors are the key products available in the Asia Pacific market for single-use bioprocessing systems. The demand for single-use bags is higher than other products in this market. Due to the higher rate of product adoption in research labs and pilot scale bioprocessing plants, supported by their cost effectiveness, this segment is likely to remain witnessing strong growth over the next few years. Single-use bioreactors are also expected to witness healthy growth in their demand in the near future.

Vaccine production, biosimilar, blood plasma products, cell therapy, and several other bio pharma products have emerged as the key application areas of single-use bioprocessing systems. Vaccine production segment has been reporting the most prominent demand for these systems. Researchers expect this scenario to continue like this in the near future, thanks to the acceleration in the fields of drug discovery and the increasing prevalence of chronic diseases in Asia Pacific.

China to Continue Leading Asia Pacific Single-use Bioprocessing Systems Market

Geographically, the Asia Pacific market for single-use bioprocessing systems has spread across China, Japan, India, South Korea, Taiwan, Australia and New Zealand, South East Asian countries and the Rest of Asia Pacific. In 2015, China led the overall market with a share of 33.0% on the grounds of new product launches. Over the forthcoming years, the domestic market is likely to remain on the top, thanks to the presence of a large pool of players.

Fill the Form for an Exclusive Sample of this Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3753

Japan stood second in the Asia Pacific market for single-use bioprocessing systems in 2015. Expanding at an exponential growth rate compared to other domestic markets, it is likely to witness a high rise in its market share. The increasing demand for cost effective and prefabricated modular bioprocessing facilities, introduction of new products, and the expansion in the pharmaceutical and biotechnology industry are expected to boost the Japan single-use bioprocessing systems market in the years to come.

At the forefront of the Asia Pacific market for single-use bioprocessing systems are Danaher Corp., Eppendorf AG, Finesse Solutions, GE Healthcare, Colder Products Co., Merck KgaA, Parker Hannifin Corp., CESCO Bioengineering Co. Ltd., Saint-Gobain, Sartorius AG, Corning Inc., Thermo Fisher Scientific Inc., and Cole - Parmer Instrument Co. LLC.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia Pacific Single-use Bioprocessing Systems Market: China Outshines with Demand for Preassembled, Cost-efficient Modular Bioprocessing Plants here

News-ID: 669777 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Asia

South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the