The Single-Use Technologies Biologic Market is expected to witness a strong In Upcoming Years. The ongoing trend speaks of digital transformation. In other words, it’s about the provision of digital solutions being tabled all across. The big thing is that the key stakeholders can’t afford to keep digital technology in a silo. Unification is the need of the hour so that anytime-anywhere access is possible. The enterprise is slated to move with the same mindset in the forecast period.
Single-use, also known as disposable, refers to products that are intended for one-time use. These products are made from a plastic (polyamide {PA}, polyethylene {PE}, polycarbonate {PC}, polyethersulfone {PESU}, polypropylene {PP}, polyvinyl chloride {PVC}, polytetrafluorethylene {PTFE}, cellulose acetate {CA}, and ethylene vinyl acetate {EVA}) and are disposed after use.
Single-use products have revolutionized the field of bioproduction. These products are becoming popular in the biopharmaceutical arena as they reduce the risk of contamination during development and production. Various disposable products such as laboratory instruments, including petri plates, flasks, filling and tubing systems, cell culture apparatus, filters, pumps, bioreactors, are used in bioproduction.
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Single-use technologies are mainly used in bio-therapeutic development and manufacturing processes. These technologies facilitate the development of small amounts of drug products for use in preclinical and clinical testing procedures.
The global single-use technologies market is categorized based on technology and application. Based on technology, the report covers membrane adsorber, bioreactors, disposable mixing systems, tangential flow filtration, tubing and connectors, depth filtration, buffer containers, waste containers and media bags, and filter cartridges. The application segment is further sub-segmented into monoclonal antibodies, vaccines, gene therapy, recombinant proteins, and blood derivatives
In terms of geography, North America dominates the global single-use technologies market. This is due to improved biopharmaceutical industry in the region. Moreover, increased awareness about therapeutic applications of biotherapeutics has also fueled the market in North America. The U.S. represents the largest market for single-use technologies in North America, followed by Canada. In Europe, Germany, France, and the U.K. hold major shares of the single-use technologies market.
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The single-use technologies market in Asia too, is expected to experience high growth rate over the next five years. This is due to improving Life Sciences arena in the region. Furthermore, increased foreign investment in this field is also supporting the growth of the single-use technologies market in the region. India, China, and Japan are expected to be the fastest growing markets for single-use technologies in Asia.
Rising awareness about therapeutic applications of biotherapeutics is a key driver for the global single-use technologies market. Also, increasing demand of biologics and advancements in medical technology are fuelling the growth of this market. Low manufacturing and maintenance costs of single-use products and instruments attract end-users to adopt this technology in bioproduction. Increasing research on cell biology and stem cell is propelling the demand for single-use products.
Moreover, drug pricing control is forcing large and emerging biotech companies to change their overall approach in development and production of bioproducts. This is leading to rise in demand for improved process optimization and more efficient operations such as single-use technologies and bioengineering. This is creating growth opportunities for single use-use technologies market.
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However, stringent regulations imposed by various governments hamper the growth of global single-use technologies market. Increasing number of mergers and acquisitions of biotech and pharmaceutical companies and rapid product launches are key trends in the global single-use technologies market.
The major companies operating in this market are Thermo Fisher Scientific Inc, Applikon Biotechnology B.V., GE Healthcare, Pall Corporation, NewAge Industries, Inc., Saint-Gobain S.A., BioPure Technology Limited, Sartorius AG, RENOLIT, Novasep, W. L. Gore & Associates, Inc., EMD Millipore, and Dow Corning Corporation.
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