• Uncategorized

The Key Product & Technology Defining The Single Use Bio-Process System Market.

Growing demand for single-use bio-process systems due to their advantages of lesser cross-contamination chances provides a strong foothold for their use in the bio-pharmaceutical industry. Pharmaceutical and biotechnology companies are looking forward to continuous manufacturing of pharma products with optimizing speed and sterility assurance, which is expected to surge demand for single-use bio-process systems. Use of disposable products for bio-processing application enhances upstream and downstream processes with better safety, sterility, and reliability. The global single-use bio-process systems market was valued at US$ 4.4 Bn in 2020, and is expected to exhibit a CAGR of close to 20% over the forecast period (2020 – 2030).

Get Sample Copy of Report

@https://www.persistencemarketresearch.com/samples/12142

What Is The Key Product & Service Driving The Single Use Bio-process System Market ?

Key Takeaways from Single-use Bio-process Systems Market Study

  • The bioreactor segment by component held maximum value, owing to growing use of single-use bioreactors for cell culture and fermentation processes.
  • By application, GMP and commercial production captured a notable revenue share of more than 71%.
  • Increasing adoption of single-use bio-process systems in bio-pharmaceutical companies is expected to result in remarkable revenue share of this segment.
  • North America is a most lucrative market with a revenue of around 34% in 2020; however, it will lose some of its market share over the next ten years.
  • Growing healthcare expenditure and increasing demand for low-cost biologics in Asian countries are expected to propel market growth in the region to more than one-third of the global share by 2030.
  • The markets in Russia, China, and Spain are anticipated to expand at CAGRs of 16%, 18.4%, and 17%, respectively, through 2030.

Get To Know Ask An Expert

@https://www.persistencemarketresearch.com/ask-an-expert/12142

Where Is The Single Use Bio-process System Market Heading With Global Taking The Front Seat?

Expansion of Manufacturing Capacity – Imperative Strategy for Market Players

Key market players in the single-use bio-process systems market are looking forward to expanding their manufacturing capacities by establishing new bio-process facilities to meet global demand. Leading companies are also opening new product distribution facilities across regions.

For instance, in June 2017, Parker Hannifin opened a new Parker bio-science filtration division in Birtley, the U.K., and Oxnard, California, in the U.S., to deliver international bio-processing, food and beverage, and healthcare solutions.

What else is in the report?

Persistence Market Research offers actionable insights and unique perspective on the single-use bio-process systems market in its latest study, presenting historical demand assessment of 2015 – 2019 and projections for 2020–2030, based on component (bioreactors, mixers, bio-process containers, transfer and storage bags, sampling systems, filtration systems, chromatography columns, probes & sensors, tubing assemblies, connectors & clamps, and filling systems), application (research & development (R&D) and GMP and commercial production), and end user (bio-pharmaceutical companies, contract research organizations, contract manufacturing organizations, and research institutes), across seven key regions of the world.

Get To Know Purchase Report

@https://www.persistencemarketresearch.com/checkout/12142

Persistence Market Research’s Expertise in Life Sciences and Transformational Health

About us:       

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

 

 

(Visited 1 times, 1 visits today)

Comments

comments

You may also like...