Wilmington, Delaware, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Allied Market Research recently published a report, titled, "Single-use Bioprocessing Market by Product (Depth Filters, Tubing Assemblies, Bioreactors, Disposable Filter Cartridges, Media Bags and Containers, Mixing Systems, Tangential-Flow Filtration Devices, Sampling Systems, and Others), by Application (Vaccine Production, Monoclonal Antibody Production, Patient-Specific Cell Therapies, Plant Cell Cultivation, and Others), by Method (Purification, Filtration, Cell Culture, Storage, Mixing), by End User (Life Science R&D Companies & Academic Research, Biopharmaceutical Manufacturers, Contract Research Organization & Manufacturers): Global Opportunity Analysis and Industry Forecast, 2020-2030." According to the report, the global single-use bioprocessing industry is projected to reach a value of $38.8 billion by 2030, from $7.0 billion witnessed in 2020, with exhibiting a CAGR of 18.4% from 2021 to 2030.
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Prime Factor Influencing Market Growth
The global single-use bioprocessing market growth is attributed to the rise in the adoption of single-use technologies, and a decrease in the probability of cross-contaminations between products, thus, to prevent infection. However, the issues concerning extractability and a rise in strict regulations hampered the market growth. Moreover, technological innovation and potential in emerging markets like China and India offer new opportunities for market growth in the coming years.
Single-use Bioprocessing Market Recent Trends
- The single-use bioprocessing market has witnessed sizable transformation and growth in recent years. One obvious trend is the rising adoption of single-use technologies by biopharmaceutical manufacturers. These technologies offer flexibility, cost-efficiency, and reduced contamination risk, as they eliminate the need for cleaning and sterilization. The COVID-19 pandemic further accelerated the adoption of single-use systems, as they facilitated rapid production scale-up for vaccine and therapeutic manufacturing.
- Another key trend is the expansion of the single-use product portfolio. Manufacturers are developing a wide range of single-use bioreactors, mixers, sensors, and other disposable components to support various bioprocessing operations. These innovations are enabling biopharmaceutical companies to streamline their production processes and adapt quickly to changing market demands. For instance, in April 2023, Merck had announced the launch of its Ultimus Single-Use Process Container Film, designed to provide extreme durability and leak resistance for single use assemblies used for bioprocessing liquid applications.
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The media bags and containers segment to retain its lion's share during the forecast period
By product, the media bags and containers segment held the major market share in 2020, accounting for more than one-fourth of the global single-use bioprocessing market revenue, and is anticipated to retain its lion's share during the forecast period. This is because of the single-use media bags and containers used in bioprocess processes. On the other hand, the bioreactors segment would showcase the fastest CAGR of 20.1% between 2021 and 2030. This is due to an increase in the need for bioreactors for various uses.
The biopharmaceutical manufacturers segment to maintain its lead position during the forecast period
By end user, the biopharmaceutical manufacturers segment accounted for the major market share in 2020, holding more than half of the global single-use bioprocessing market revenue, and is predicted to maintain its lead position during the forecast period. Due to an increase in the usage of these systems for vaccine development, the evolution of monoclonal antibodies, and personalized medicine. However, the contract research organization & manufacturers segment would cite the fastest CAGR of 20.0% from 2021 to 2030. This is due to the advancement of research and development activities.
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North America garnered the major market share by 2030-
By region, North America held the major market share in 2020, contributing to more than one-third of the global single-use bioprocessing market revenue, and is projected to maintain its dominance throughout the forecast period. This is because of the increase in the use of single-use bioprocessing technologies for a number of biopharmaceutical applications. On the other hand, the Asia-Pacific region would portray the highest CAGR of 19.8% from 2021 to 2030. Due to the high demand for bioprocess systems such as laboratory filtration and membrane-based microbial analysis in the region.
Leading Market Players:
- Cesco Bioengineering Co. Ltd.
- 3M Company
- PBS
- Danaher Corporation
- Sartorius Stedim Biotech S.A.
- Merck Milipore
- Applikon Biotechnology
- Thermo Fisher Scientific
- Eppendorf AG
The report offers a detailed overview of the leading players in the global single-use bioprocessing market. These players have employed various strategies, including the launch of new products, geographical expansion, partnerships, collaborations, and agreements, to expand their market presence and remain dominant in various regions. The report represents the top segments, product portfolio, business performance, and strategic actions of market participants to emphasize the competitive landscapes.
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