Global Single-use Bioprocessing System Market 2015-2019 - New Market Research Report

From: Fast Market Research, Inc.
Published: Mon Sep 07 2015

Fast Market Research announces the availability of Technavio's new report "Global Single-use Bioprocessing Systems Market 2015-2019" on their comprehensive research portal.

Single-use bioprocessing technology is a rapidly evolving technology that focuses on developing disposable bioprocessing equipment and accessories for manufacturing biopharmaceutical products. Bioprocess is the process that utilize living cells or their components such as enzymes, bacteria, and others to obtain preferred products. The central idea behind the usage of single-use bioprocessing technology in the bioprocess is to decrease the cost associated with complicated steps such as cleaning, sterilization, and maintenance of steel-based bioreactor systems. This technology is used in a broad range of biopharmaceutical applications such as filtration, mixing,
purification, upstream expression, storage, and separations.

Technavio's analysts forecast the global single-use bioprocessing system market to grow at a CAGR of 34.38% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Single-use Bioprocessing System Market 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "One key trend emerging in the market is the increase in collaboration and partnership activities. Owing to the growing potential of the market, many bioprocessing systems manufacturers collaborate to develop new platforms for the cultivation of cells or develop new systems."

According to the report, the rise in demand for biopharmaceuticals is one of the major drivers in this market. The increase in the aging population increases the prevalence rate of these illnesses, which increases the demand for biopharmaceuticals among patients. Most of these biopharmaceuticals are biologics and need bioprocessing systems for the large-scale production of biologics to meet the needs of the industry.

Further, the report states that the change in dynamics of regulations constitutes one of the major challenges being faced by the vendors in this market. Currently, the rules and regulations for single-use bioprocessing systems are not completely defined and documented.

The key players in the Global Single-use Bioprocessing Systems Market are ThermoFisher Scientific Inc., GE Healthcare, Merck KGaA and Sartorius AG while other prominent vendors include Broadley-James, Cellexus, Eppendorf, Finesse Solutions, Pall, Parker Hannifin, PendoTECH, Saint-Gobain, STI Components and Tarpon Biosystems

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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