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The single-use assemblies market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 20%, as per The Business Research Company’s market report!

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The Single-Use Assemblies Market Size In 2022 And Forecast
The global single-use assemblies market is expected to grow from $3.58 billion in 2021 to $4.11 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The single-use assemblies market is expected to grow to $8.73 billion in 2026 at a compound annual growth rate (CAGR) of 20.7%.

The single-use assemblies market consists of sales of single-use assemblies and related products by entities (organizations, sole traders, and partnerships) that are used to connect medical and laboratory instruments and equipment.

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Increase In Demand For Biopharmaceuticals And A Rise In Life Science R&D Is Driving The Growth Of The Single-Use Assemblies Market
For instance, according to the International Federation of Pharmaceutical Manufacturers and Association (IFPMA) a Switzerland-based trade association of pharmaceutical companies, in 2020, there is an increase in the development of drugs in specific disease areas such as for cancer- 2740 new drugs were developed. For Immunology 1535 new drugs were developed and for Infectious diseases, 1213 new drugs were developed. As of 2021, there are new 50 medicines and vaccines are developed for HIV. Further, according to the Association of Medical Research Charities (AMRC), a UK-based association of medical and health research charities increased its R&D spending from £1.3 billion to £1.9 billion in 2020. Also, UK foreign direct investment in life sciences reached £510 million. Therefore, an increase in demand for biopharmaceuticals and a rise in life science R&D are driving the growth of single-use assemblies.

Competitive Landscape And The Regional Analysis Of The Single-Use Assemblies Market
Major players in the single-use assemblies market are Avantor Inc., Corning Incorporated, Danaher Corporation, Thermo Fisher Scientific Inc., Sartorius AG, Merck KGaA, Saint-Gobain, Parker Hannifin Corporation, Repligen Corporation, Newage Industries, Antylia Scientific, Cole Parmer, Entegris Inc, GE Healthcare, and Pall Corporation.

Additionally, as per TBRC’s research – North America was the largest region in the single-use assemblies market in 2021 holding the largest market share.

The Single-Use Assemblies Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the single-use assemblies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the single-use assemblies market.

Technological Advancement – A Key Trend In The Single-Use Assemblies Market
Major companies operating in the market are introducing new technologies such as the Thermo Scientific HyPeak chromatography system which is a single-use chromatography system to sustain their position in the market.

Single-Use Assemblies Market Segmentation By The Business Research Company

1) By Product Type: Filtration Assemblies, Bag Assemblies, Bottle Assemblies, Mixing System Assemblies

2) By Solution: Standard Solutions, Customized Solutions

3) By Application: Cell Culture And Mixing, Filtration, Storage, Sampling, Fill-Finish application

4) By End User: Biopharmaceutical And Pharmaceutical Companies, Contract Research And Contract Manufacturing Organizations, Academic And Research Institutes

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