Revenue Analysis North America Single-use Bioprocessing Market
The North America Single-use Bioprocessing Market was worth USD 726 million in 2016 and estimated to be growing at a CAGR of 17.7%, to reach USD 5.42 Billion by 2021. The market is showing huge potential in the future years and is expected to continue its growth.
Single-use bioprocessing technology is a widely used method for manufacturing of biopharmaceuticals. It is used during the overall procedure of biopharmaceutical production, beginning from buffer and media preparation to shipping of biologics. Single-use bio-processing procedures are processed using different products like manifold assemblies, bioprocess containers and bags, single-use bioreactors and single-use mixers. They decrease the cost of complex bioproduction processes, such as cleaning, sterilization, and care of the big bioreactors.
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Developing life science research and rising demand for disposable biopharmaceuticals, high spending on healthcare and technological development in the bioprocessing systems is also propelling the growth of North America single-use bio-processing systems market. However, leachability problems about disposable products like plastic bags, and environmental and economic hazards are the main factors that are constraining the growth of the single use bioprocessing market.
The North America Single-use Bioprocessing market is broadly categorized on the basis of Product into Media Bags and Containers, Filtration assemblies, Single-use Bioreactors, Disposable Mixers and Others. The media bags and containers segment holds the largest share of the single-use bioprocessing market as of 2016 owing to the growing adoption of media bags and containers in transportation and storage application. Based on Application, the market is segmented as Filtration, Storage, Cell Culture, Mixing and Purification, wherein the filtration segment leads the market due to growing popularity of single-use tangential flow filters, depth filters, and chromatography columns in the process development. Further, by End User the market is classified into Research and Development Institutes and Biopharmaceutical manufacturers.
On the basis of region the North America market is segmented into U.S.A and Canada. U.S.A leads the market in this region and is followed by Canada. The ongoing technological advancement in the country and ever increasing skilled personnel is the reason for the market growth in this region.
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The major players dominating the Single-use Bioprocessing market are Thermo Fisher Scientific, Danaher Corporation, GE Healthcare (General Electric Company), Sartorius Stedim Biotech S.A, Merck Millipore (Merck Group), 3M Company, Eppendorf AG, Finesse Solutions, Inc., Applikon Biotechnology B.V., and Cesco Bioengineering Co., Ltd.
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Single-use bioprocessing technology is a widely used method for manufacturing of biopharmaceuticals. It is used during the overall procedure of biopharmaceutical production, beginning from buffer and media preparation to shipping of biologics. Single-use bio-processing procedures are processed using different products like manifold assemblies, bioprocess containers and bags, single-use bioreactors and single-use mixers. They decrease the cost of complex bioproduction processes, such as cleaning, sterilization, and care of the big bioreactors.
Full report at: http://www.marketdataforecast.com/market-reports/north-america-single-use-bioprocessing-market-2684/
Developing life science research and rising demand for disposable biopharmaceuticals, high spending on healthcare and technological development in the bioprocessing systems is also propelling the growth of North America single-use bio-processing systems market. However, leachability problems about disposable products like plastic bags, and environmental and economic hazards are the main factors that are constraining the growth of the single use bioprocessing market.
The North America Single-use Bioprocessing market is broadly categorized on the basis of Product into Media Bags and Containers, Filtration assemblies, Single-use Bioreactors, Disposable Mixers and Others. The media bags and containers segment holds the largest share of the single-use bioprocessing market as of 2016 owing to the growing adoption of media bags and containers in transportation and storage application. Based on Application, the market is segmented as Filtration, Storage, Cell Culture, Mixing and Purification, wherein the filtration segment leads the market due to growing popularity of single-use tangential flow filters, depth filters, and chromatography columns in the process development. Further, by End User the market is classified into Research and Development Institutes and Biopharmaceutical manufacturers.
On the basis of region the North America market is segmented into U.S.A and Canada. U.S.A leads the market in this region and is followed by Canada. The ongoing technological advancement in the country and ever increasing skilled personnel is the reason for the market growth in this region.
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The major players dominating the Single-use Bioprocessing market are Thermo Fisher Scientific, Danaher Corporation, GE Healthcare (General Electric Company), Sartorius Stedim Biotech S.A, Merck Millipore (Merck Group), 3M Company, Eppendorf AG, Finesse Solutions, Inc., Applikon Biotechnology B.V., and Cesco Bioengineering Co., Ltd.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases