Single-Use Bioprocessing Material Market is projected to reach USD 20.8 billion by 2026 from USD 8.2 billion in 2021, at a CAGR of 20.5% during the forecast period of 2021 to 2026.
The single-use bioprocessing market is expanding as a result of reasons such the rising demand for biopharmaceuticals and energy efficiency; the requirement for less equipment floor space; the need to eliminate water waste; and the risk of cross-contamination. The primary challenges impeding market growth, however, are issues with extractability and leachability related to disposable components as well as environmental and economic considerations.
In response to the recent coronavirus pandemic, numerous biopharmaceutical companies have been working quickly to produce vaccinations. The clinical and commercial manufacturing platforms will be primarily supported by single-use equipment and systems if these development programmes make it through the trial phases. Since the majority of the top COVID-19 vaccine initiatives employ cutting-edge techniques like mRNA, DNA vaccines, and vectors, these platforms are generally based on single-use technologies. Compared to typical stainless-steel equipment, which requires considerable upfront investments and has no assurance of long-term durability, single-use systems are adaptable and may be installed more rapidly and at a lower cost.
COVID-19 impact on the Single use Bioprocessing Market
COVID-19 is an infectious disease caused by the most recently discovered novel coronavirus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has since moved from being a regional crisis to a global pandemic. With the World Health Organization (WHO) officially declared the virus outbreak as a pandemic, a mix of established pharmaceutical companies and small startups had stepped forward to develop treatments and vaccines that target the infection caused by the novel coronavirus.
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By Type
- Plastic
- Silicone
- Other
By Application
- Biopharmaceutical Manufacturers
- Life Science R&D and Academic Research Institutes
- Contract Research Organization & Manufacturers
- Others
Key Players
- Thermo Fisher Scientific (US)
- Danaher Corporation (US)
- GE Healthcare (General Electric Company) (US)
- Sartorius Stedim Biotech S.A (France)
- Merck Millipore (Merck Group) (US)
- 3M Company (US)
- Eppendorf AG (Germany)
- Finesse Solutions, Inc. (US)
- Applikon Biotechnology B.V. (Netherlands)
- Cesco Bioengineering Co., Ltd. (Japan)
- Octane Biotech Inc. (Canada)
- PBS Biotech, Inc. (US)
- Meissner Filtration Products, Inc. (US)
- Sentinel Process Systems Inc. (US)
- CMC Biologics (Asahi Glass Co.) (Denmark)
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
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FAQs:
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This Market report provides experts analysis, strategies, insights, scope and upcoming trends with different type and applications. Artificial Cerebrospinal Fluid Market also provides tables and figures for good understanding of data. Different data like industry segment, channel segment and many more segment data covered in this report. The aim of this report is to give advice and awareness to businesses interested in this Market.
What’s Included in the Report –
- Market size and growth projections, 2020- 2030
- Market size, share, and growth projections across regions and countries, 2022- 2030
- Market size and CAGR of key products, applications, and end-user verticals, 2022- 2030
- Short and long term Market trends, drivers, restraints, and opportunities
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
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