Single Use Bioprocessing Systems Market: Industry Insight Trends, Development, Growth and Demand Forecast To 2023
Rising demand of disposables in biopharmaceutical production, increasing
prevalence of chronic diseases, which requires biological drugs for their
management and treatment, low manufacturing costs of disposable products and
instrument, and improving life science research infrastructure are some of the
growth drivers of the global single-use bioprocessing systems market. In
addition, technological advancement in bioprocessing systems is also driving
the growth of global single-use bio-processing systems market. Increasing
numbers of mergers and acquisitions and rapid product launches are some of the
major trends, observed in the global single-use bioprocessing systems market.
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Europe and North America are the major markets for single-use
bioprocessing systems, attributed to the increased life science research and
growing demand for biopharmaceuticals. Asia-Pacific market for the single-use
bioprocessing systems is growing at a significant rate owing to improving life
science infrastructure and increasing investment by several pharmaceutical
manufacturing companies for the development of R&D plants in the region.
Apart from these regions, Latin America and Middle-East are other important
markets of single-use bio-processing systems.
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Country wise, the U.S., followed by Canada, is the largest market for
single-use bioprocessing systems in North America. Germany, the U.K., France
and Italy are some of the major countries holding significant shares of
single-use bio-processing systems market in Europe. In Asia-Pacific, India,
Japan, and China are major markets for single-use bio-processing systems;
whereas Brazil holds largest market share of single-use bioprocessing systems
market in Rest of the World (RoW).
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Some of the major players operating in global single-use bioprocessing
systems market include Tarpon Biosystems Inc., GE Healthcare, STI Components
Inc., Merck & Co Inc., Saint-Gobain Corporation, Sartorius Stedim Biotech
SA, PendoTECH, ThermoFisher Scientific Inc., Parker Hannifin Corporation, Pall
Corporation, Eppendorf AG, Cellexus Ltd. and Broadley-James Ltd.
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