Uploaded on Sep 9, 2024
The size of global single use bioprocessing market in terms of revenue was estimated to be worth $17.7 billion in 2024 and is poised to reach $34.9 billion by 2029, growing at a CAGR of 14.5% from 2024 to 2029.
Single Use Bioprocessing Market
Single Use Bioprocessing Market Global Forecast to 2029 Single Use Bioprocessing Market is expected to reach USD 34.9 billion by 2029 Growing at a CAGR of 14.5% (2024 – 2029) SINGLE USE BIOPROCESSING MARKET MARKET CAGR of OPPORTUNITY OVER KEY MARKET PLAYERS BY PRODUCT 2024 – 2029 NEXT 5 YEAR$S34.9Bn $17.7 CAGR Sartorius AG (Germany) Bn Equipment Danaher Corporation (US) Thermo Fisher Scientific Inc. (US) Consumables Merck KGaA (Germany) Other Consumables Avantor Inc. (US) 2024 2029 3M Company (US) BY REGION BY APPLICATION • North America Filtration • Europe Cell Culture • Asia Pacific Mixing • Rest of the World Purification Storage & Transfer Other Applications The report "Single Use Bioprocessing Market by Product (Equipment (Bioreactors, Mixers, Filtration, Chromatography), Consumables (Filters, Bags, Assemblies, Sensors)), Application, Workflow, Molecule Type (mAbs, Vaccines, CGT, Peptides) - Global Forecast to 2029", is projected to reach USD 34.9 billion by 2029 from USD 17.7 billion in 2024, at a CAGR of 14.5% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include growing adoption among CDMOs & CMOs, increased productivity & reduced risk of cross-contamination, reduced capital investment, and growing biologics & biosimilar markets. Despite this, concerns related to regulatory compliance, and leachables & extractables issues are expected to hinder market growth. Download PDF Brochure: Key players in the single-use bioprocessing market include Sartorius AG (Germany), Danaher Corporation (US), Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Avantor, Inc. (US), 3M Company (US), Repligen Corporation (US), Entegris (US), Getinge AB (Sweden), Parker Hannifin Corporation (US), Alfa Laval Corporate AB (Sweden), Saint-Gobain (France), Eppendorf SE (Germany), Corning Incorporated (US), Eaton Corporation plc (Ireland), METTLER TOLEDO (US), Porvair PLC (UK), Lonza (Switzerland), ABEC, INC. (US), NewAge Industries (US), PBS Biotech, Inc. (US), Sentinel Process Systems, Inc. (US), Meissner Filtration Products, Inc. (US), SATAKE MultiMix Corporation (Japan), Hamilton Company (US), Membrane Solutions (US), Cole-Parmer Instrument Company, LLC (US), Distek, Inc. (US), Esco Lifesciences Group Ltd. (US), and TECNIC Bioprocess solutions (Spain). North America was the largest regional market for the single-use bioprocessing industry in 2023. The global single-use bioprocessing market is segmented into six major regions— North America, Europe, the Asia Pacific, Latin America, Middle East and Africa. North America was the largest segment in 2023 in the single-use bioprocessing market, followed by Europe and the Asia Pacific. Factors such as the presence of key biopharmaceutical research and development facilities in the region, rising demand for key biopharmaceutical products including monoclonal antibodies, vaccines, gene therapies, and cell therapies, among others are responsible for the largest share of this segment. Request Sample Pages Contact: Mr. Rohan Salgarkar MarketsandMarkets Inc. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA : 1-888-600-6441 UK +44-800-368-9399 Email: [email protected] Visit Our Website: https://www.marketsandmarkets.com/
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