Single-use Bioprocessing System Market 2020–2024 | Growing Product Advancements and Automation to Boost Growth | Technavio
Technavio has been monitoring the single-use bioprocessing system market and it is poised to grow by USD 2.91 billion during 2020–2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Single-use Bioprocessing System Market. Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. C3M Co., Avantor Inc., Compagnie de Saint-Gobain SA, Danaher Corp., Eppendorf AG, General Electric Co., Merck KGaA, Sartorius AG, Solaris Biotechnology Srl., and Thermo Fisher Scientific Inc. are some of the major market participants. The growing product advancements and automation will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing product advancements and automation have been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-single-use-bioprocessing-system-market-industry-analysis
Single-use Bioprocessing System Market 2020–2024: Segmentation
Single-use Bioprocessing System Market is segmented as below:
- Product
- Bags And Mixers
- Bioreactors And Fermenters
- Filtration Devices And Sampling Systems
- Bioprocess Containers
- Other Products
- Application
- mAb Production
- Vaccine Production
- Plant Cell Cultivation
- PSCTs
- Other Applications
- End-user
- Pharmaceutical Companies
- CROs And CMOs
- Biotechnology Companies
- Academic And Research Institutions
- Geographic Landscape
- Asia
- Europe
- North America
- ROW
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Single-use Bioprocessing System Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our single-use bioprocessing system market report covers the following areas:
- Single-use Bioprocessing System Market Size
- Single-use Bioprocessing System Market Trends
- Single-use Bioprocessing System Market Industry Analysis
This study identifies substantial use of single-use technology to achieve lower costs and higher productivity as one of the prime reasons driving the single-use bioprocessing system market growth during the next few years.
