Global Single Use Bioprocessing Market Report
Healthcare Services

What’s The Growth Forecast For Single Use Bioprocessing Market Through 2024-2033?

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Introduction: A Rapidly Growing Market The single-use bioprocessing market has witnessed remarkable growth, soaring from $22.34 billion in 2023 to an anticipated $26.71 billion in 2024, representing a compound annual growth rate (CAGR) of 19.6%. This exponential expansion can be attributed to several key factors, including biopharmaceutical production, advancements in biotechnology, and the rising demand for cost-effective solutions.

Anticipating Exponential Growth: Forecast for 2028 Projections for the future are even more promising, with the market expected to surge to $55.84 billion in 2028, boasting a CAGR of 20.2%. Factors driving this growth include the expansion of personalized medicine, increased production of gene and cell therapies, and the adoption of continuous bioprocessing. Additionally, the forecast period is marked by emerging trends such as automated systems, single-use sensors, and decentralized biomanufacturing.

Biopharmaceutical Boom Ignites Market Expansion

  • Demand Catalyst: The surge in demand for biopharmaceuticals is a primary driver of the single-use bioprocessing market. Biopharmaceuticals, derived from living cells or organisms, have seen increased production, with Europe’s pharmaceutical industry alone reaching $351 billion in 2021.
  • Market Leaders: Key players in the single-use bioprocessing market, including GE Healthcare Technologies, Thermo Fisher Scientific, and Merck, are capitalizing on this demand, driving innovation and market growth.

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Innovative Solutions Driving Market Competitiveness

  • Ultimus Film: Major companies like Merck are investing in groundbreaking solutions like Ultimus Single-Use Process Container Film. This innovation boasts a tenfold increase in abrasion resistance compared to other films, enhancing durability and leak resistance in bioprocessing liquid applications.
  • Enhanced Features: The Ultimus film, with its unique woven nylon structure and animal-origin-free contact resin, not only ensures robust cell growth performance but also addresses issues such as abrasions, tears, and material fatigue.

Strategic Acquisitions Propel Market Expansion

  • Avantor’s Acquisition: In June 2021, Avantor Inc. acquired RIM Bio, a China-based manufacturer of single-use bioprocess bags and assemblies. This strategic move aimed to strengthen Avantor’s position in the AMEA region and expand its single-use manufacturing portfolio.
  • Market Segmentation: The single-use bioprocessing market is segmented by product, workflow, application, and end-user. This includes single-use media bags and containers, assemblies, bioreactors, disposable mixers, and various applications such as filtration, storage, cell culture, mixing, and purification.

Regional Dynamics: North America Leads, Asia-Pacific Emerges

  • Market Leaders: North America dominated the single-use bioprocessing market in 2023. Notable companies in this region include GE Healthcare Technologies, Eppendorf AG, and Corning Incorporated.
  • Fastest-Growing Region: Asia-Pacific is predicted to be the fastest-growing region in the forecast period. Factors such as the expansion of biosafety levels and the emergence of global biomanufacturing hubs contribute to this rapid growth.

Conclusion: Paving the Way for a BioRevolution The single-use bioprocessing market is on an upward trajectory, driven by the increasing demand for biopharmaceuticals, strategic acquisitions, and the introduction of innovative solutions. As the market evolves, key players are positioning themselves to capitalize on emerging trends and capitalize on the dynamic landscape of bioprocessing. With projections pointing towards unprecedented growth, the single-use bioprocessing industry is not just witnessing a boom but spearheading a revolution in the field of biotechnology and pharmaceutical manufacturing.

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