The Allied Market Research published a report on Single-use Bioprocessing Market 2021-2030, Interesting fact and figures (CAGR, Global Size, Shares and Revenue with Business Growth Support and Market Value and Volume with Supply Demand Scenario and Pipeline Projects). The global single-use bioprocessing market was valued at $7.0 billion in 2020, and is projected to reach $38.8 billion by 2030, growing at a CAGR of 18.4% from 2021 to 2030.
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Single-use bioprocessing employs disposable technologies for the development and manufacturing of pharmaceutical products such as vaccines, monoclonal antibodies (mAbs), personalized medicine, and others. The adoption of single-use bioprocessing products has witnessed significant increase during the developmental stages of drugs and manufacturing of several biopharmaceuticals. This product has revolutionized the upstream as well as downstream processes of manufacturing drugs making it faster, simpler, and cheaper.
Key Findings of the Single-use Bioprocessing Material Market:
Region wise, North America single-use bioprocessing market growth dominated the market in 2020, as there is an on-going trend of introducing novel single-use bioprocessing devices in developed economies such as the U.S. and Canada, and then unveiling it to the rest of the world. North America is known for its healthcare facilities and medical services. In addition, rise in the adoption of single-use bioprocessing technologies for various biopharmaceutical applications has propelled the growth of the market.
The major companies profiled in the report include 3M Company, pplikon Biotechnolog , Cesco Bioengineering C0. Ltd., Danaher Corporation, eppendorf ag, Merck Milipore, PBS, Sartorius Stedim Biotech S.A, Thermo Fisher Scienctific
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