Single-use Bioprocessing Market Worth $33.0 Billion By 2027: Grand View Research, Inc.

Single-use Bioprocessing Market Worth $33.0 Billion By 2027: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, March 9, 2020

SAN FRANCISCO, March 9, 2020 /PRNewswire/ -- The global single-use bioprocessing market size is expected to reach USD 33.0 billion by 2027, expanding at a CAGR of 12.8% over the forecast period, according to a new report by Grand View Research, Inc. Owing to the high demand for biopharmaceuticals, suppliers' product portfolios of disposables have become more robust. Single-use bioprocessing equipment suppliers are working closely with customers to fulfill the growing expectations of customers. Furthermore, significant advancements in bioreactor designing, stirring systems, and film technologies have spurred the revenue in the market.

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Key suggestions from the report:

Read 225 page research report with ToC on "Single-use Bioprocessing Market Size, Share & Trends Analysis Report By Product (Bioreactors, Sensors), By Workflow (Downstream, Upstream), By End Use (OEM, CMOs, CROs), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/single-use-bioprocessing-market/

Increasing demand for disposables consumables has led to several acquisitions, mergers, and partnerships. For instance, Wego Pharmaceuticals is engaged in a partnership with GE Healthcare for the manufacturing of disposables. Similarly, Emergent BioSolutions is working in collaboration with ABEC for the establishment of a Single-use System (SUS)-based dual plant in Maryland.

Intelligent biomanufacturing holds great potential in further advancements of single-use manufacturing. Thus, a substantial number of manufacturers are shifting towards automating their workflows which involves the use of SUS. In addition, an increase in the budget of biomanufacturers to incorporate new solutions within their manufacturing plants is anticipated to boost the adoption rate in the market.

Grand View Research has segmented the global single-use bioprocessing market on the basis of product, workflow, end use, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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