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| Global Single Use Assemblies Market |
Single use assemblies consist of disposable product contact parts and fluid path designs that are favorable for bioprocessing as they reduce the complexity and costs associated with cleaning and sterilization of reusable assemblies. The global single use assemblies market is gaining traction due to increasing adoption of single-use technologies in biomanufacturing owing to benefits such as low risk of product cross-contamination, easy process optimization, increased production flexibility and reduced capital costs. The global single use assemblies market is estimated to be valued at US$ 13 Bn in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing adoption of single-use assemblies in the biopharmaceutical industry
is a major trend fueling market growth. With increasing preference for
single-use assemblies over stainless-steel assemblies, biopharmaceutical
manufacturers are opting for modular facilities designed for single-use
production equipment and assemblies. As single-use technologies reduce downtime
and ensures continuous production, their use provides improved manufacturing
flexibility and efficiency and enables quick responses to changing market
demands which is important in healthcare applications. This has been a
prominent factor for biopharma companies to choose single-use assemblies over
conventional stainless steel equipment.
Segment
Analysis
The global single use assemblies market is dominated by the plastic based
segment owing to its properties like lightweight and affordable cost. Plastic
based single use assemblies offer maximum flexibility, decrease production
downtime and are suitable for biopharmaceutical manufacturing.
Key Takeaways
The global Global
Single Use Assemblies Market Growth is expected to witness high growth.
Regional
analysis: North America is currently the largest and fastest growing regional
market for single use assemblies. This is attributed to strong presence of
biopharmaceutical industry and growing R&D expenditure on biologics
production. Increasing adoption of single use technologies by biopharma
companies to minimize costs further aids market growth.
Key players
operating in the global single use assemblies market are Thermo Fisher
Scientific, Inc., Merck KGaA, Sartorius AG, Danaher (Pall Corporation),
Avantor, Inc., Lonza, Saint-Gobain, Corning Incorporated, Entegris, KUHNER AG.,
Parker Hannifin Corporation, Ami Polymer, HIGH PURITY NEW ENGLAND, Liquidyne Process
Technologies, Inc. and ESI Ultrapure. For more
For more insights, read- https://www.newsstatix.com/global-single-use-assemblies-market-trends-size-and-share-analysis/
For more details on the
report, Read-https://whotimes.com/stock-music-market-an-ever-evolving-industry/
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