Report Format: PDF
Published Date: Sep-2018 | 190 Pages | Report ID: VSR00626
Global Single-Use Bioprocessing Systems Market Size was valued nearly USD 2.41 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 18.1% during the forecast period that is 2017-2025. Bioprocessing is the procedure that includes the utilization of living cells or their components such as the chloroplast, bacteria, and enzymes to meet the product’s desired properties. The single-use bioprocessing systems are the systems which can be disposed of, post its initial use. Various single-use bioprocessing systems such as media bags and containers, mixers, etc. are disposable after their first use, therefore increasing the chance of eliminating the cost of Clean in Place (CIP) and Sterilize in Place (SIP), which will further help in the growth of efficiency and effectiveness of these systems. At present, leading pharmaceutical companies such as GE Healthcare, Thermo Fisher Scientific Inc and Merck Millipore, etc. are switching to their traditional bioprocessing systems to single-use bioprocessing system for vaccine production, cell therapies, etc. for reducing their incineration costs.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global single-use bioprocessing systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global single-use bioprocessing systems market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Market Dynamics
“The single-use bioprocessing market is expected to grow at a notable growth rate, primarily owing to rising product adoption in research labs, and various bioprocessing plants, majorly owing to their cost-effectiveness.”
The adoption of single-use bioprocessing system is largely driven by its capabilities to lower down the risk of contamination. These kinds of risks arise when the same process products are used to manufacture various monoclonal antibodies or proteins. To avoid this contamination, several additional purification steps needed to be taken which involves a lot of cost and time for the manufacturer. The use of single-use bioprocessing systems is expected to grow, as they can be discarded directly from the flow path, post each batch, which reduces the incineration costs, along with processing times.
Bioprocessing tends to use high pressured equipment in their production flow. As the single-use bioprocessing systems are made of plastic, they are unable to sustain under high pressurized equipment. This might act as a significant restraint for the adoption of single-use bioprocessing systems in the market.
By Product Type Insights: On the basis of product type, the single-use bioprocessing systems are segmented into single-use bioreactors, mixers, fermenters, and others. The bioreactor product segment is anticipated to have a major share over the forecast period owing to its speedy replacements over conventional culture vessels, coupled with adoption of technology in various clinical research and development activities, as this product is largely utilized in the field of mammalian cell cultures coupled with its lower cost of implementation and reduced CIP & SIP.
By Application Type Insights: The single-use bioprocessing systems market is segmented into vaccine production, monoclonal antibody production, patient-specific cell therapies, and others. Monoclonal antibody production is anticipated to hold the prime share in the market owing to its increasing use in various cases such as acute kidney transplant rejection, asthma, leukemia, breast cancer and several others diseases.
By End-use Industry Insights: Biotechnology and pharmaceutical companies end-use industry segment is expected to grab the dominance in the single-use bioprocessing systems market, primarily owing to product’s huge adoption. Most of the pharmaceutical companies and biotechnology companies are increasing the adoption of single-use bioprocessing systems, primarily owing to the cost reduction of incineration, and also due to their disposable properties. In 2015, 90% of the Biotech and biopharma companies utilized disposable technologies over stainless-steel options owing to its cost and time-saving characteristics, according to BioPan Associates.
Regional Analysis
The global single-use bioprocessing systems market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America is anticipated to be dominant in the single-use bioprocessing systems market, majorly due to rise in the investment in various R&D activities by biopharmaceutical companies such as Danaher Corporation, GE Healthcare, and Thermo Fisher Scientific Inc. According to PhRMA, various biopharmaceutical companies in the U.S. had invested approximately US$ 90 billion in 2016 for multiple R&D activities in the U.S. alone. The regional market is further fueled by the increasing adoption of disposable equipment, thus, providing a significant contribution to the market growth. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Single-Use Bioprocessing Systems Market Size, Share Analysis By Region 2017
Global Single-Use Bioprocessing Systems Market Study Objective
1. To forecast the market size of single-use bioprocessing systems market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of single-use bioprocessing systems market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of single-use bioprocessing systems market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of single-use bioprocessing systems market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the single-use bioprocessing systems market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key players
The leading players in the market include Pall Corporation, PBS Biotech, Inc., GE Healthcare, Thermo Fisher Scientific, Corning Incorporated and several others. Major players in the market are collaborating to develop advanced technology to grow in the market. For instance, in 2018, a collaboration has been made between Pall Corporation and ARTeSYN Biosolutions to deliver numerous solutions for single use automated bioprocessing systems.
Global Single-Use Bioprocessing Systems Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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