The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s single use consumables market report forecasts the single use consumables market size to grow to $5.98 Billion by 2027, with a CAGR (compound annual growth rate) of more than 17%.

Learn More On The Single Use Consumables Market Report 2023 – https://www.thebusinessresearchcompany.com/report/single-use-consumables-global-market-report

Single Use Consumables Market Size Forecast
The global single use consumables market is expected to grow from $2.64 billion in 2022 to $3.12 billion in 2023 at a compound annual growth rate (CAGR) of 18.09%. 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, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global single use consumables market size is expected to reach $5.98 billion in 2027 at a CAGR of 17.68%.

North America held the largest single use consumables market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Single Use Consumables Market Driver ­– Rise In The Prevalence Of Chronic Diseases
For example, according to the National Centre for Biotechnology Information (NCBI), a US-based international resource for the scientific research community, by 2050, the number of people aged 50 and up with one or more chronic illnesses will increase by 99.5%, reaching 142.66 million, up from 71.522 million in 2020. Furthermore, according to the Australian Institute of Health and Welfare (AIHW), an Australia-based government body, in 2020-21, around 47% of Australians, or 11.6 million people, were predicted to be affected by at least one of the ten chronic diseases. As a result, the increased prevalence of chronic diseases is likely to drive the expansion of the market for single-use consumables.

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Key Single Use Consumables Market Trend – Product Innovation
To enhance their position and obtain a competitive advantage, major firms in the single-use consumables industry are focusing on introducing novel products. Colder Products Company (CPC), a US-based plastics company, for example, developed the industry’s first aseptic connectors, CPC AseptiQuik® connectors, in September 2021. It provides a simple and effective method of attaching tubes in small assemblies. These high-performance connections are intended for essential biopharmaceutical applications and are suited for single-use and sanitary applications.

Single Use Consumables Market Segment
1) By Products: Connectors, Valves, Adaptors, Tubing, Disconnectors, Sensors, Disposable Capsule Filter
2) By Application: Sampling, Cell Culture And Mixing, Storage, Filtration, Other Applications
3) By End-User: Biopharmaceutical And Pharmaceutical Companies, Original Equipment Manufacturers (OEMs), Contract Research Organizations And Contract Manufacturing Organizations, Academic And Research Institutes

Single Use Consumables Market Major Players and Strategies
Major players in the single use consumables market are Thermo Fisher Scientific Inc., Sartorius AG, Danaher Corp., Merck KGaA, Avantor Inc., Meissner Filtration Products Inc., Boehringer Ingelheim International GmbH, Lonza Group AG, Infors AG, PBS Biotech Inc., Entegris Inc., Kuhner AG, Rentschler Biopharma SE, Compagnie de Saint-Gobain S.A., NewAge Industries Inc., Colder Products Company, Repligen Corporation, Corning Incorporated, Hamilton Company, and Broadley James Corporation.

Avantor, a US-based provider of mission-critical equipment and services, bought Antylia Scientific’s Masterflex bioprocessing business and related assets in September 2021 for an unknown sum. The acquisition of Avantor was intended to strengthen its bioproduction product line by adding its unique single-use solutions. Avantor’s bioproduction capabilities would be enhanced across all platforms, including monoclonal antibodies, cell and gene therapy, and mRNA, allowing it to facilitate vaccine and therapeutic manufacturing, including for COVID-19. Antylia Scientific is a peristaltic and single-use bioprocessing solutions company established in the United States.

The Single Use Consumables Global Market Report 2023 covers regional data on single use consumables market size, single use consumables market trends and drivers, opportunities, strategies, and single use consumables market competitor analysis. The countries covered in the single use consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Single-use consumables are items designed to be used once and then discarded. They are used to manufacture monoclonal antibodies, mRNA, and bioconjugates in a range of industries, including healthcare and biopharmaceuticals.

View More Reports Related To The Single Use Consumables Market –
Single-Use Bio Reactors Global Market Report 2023
Single-Use Packaging Global Market Report 2023
Single Use Assemblies Global Market Report 2023

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