New Research on Single-use Bio-processing Market Forecasts Healthy Growth in Next 5 Years

Chicago, IL -- (SBWire) -- 06/29/2017 --According to the report, "Single-use Bio-processing Marke t, by End-user (Life Science R&D, Biopharmaceutical Manufacturers), Application (Filtration, Storage, Cell Culture, Mixing, Purification) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for single-use bio-processing is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.

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The market for single-use bio-processing systems in Asia Pacific has witnessed an impressive rise since its inception and is expected to remain growing significantly, thanks to the rising adoption of single-use technology among small biotechnology startups and biopharmaceutical enterprises. As the biopharmaceutical industry is maturing, organizations across Asia Pacific are progressively focusing on finding innovative treatment solutions, which are not only different from their competitors, but also have a reduced pipeline for development that helps in bringing the product faster to the market. Since single-use bio-processing systems allow biopharmaceutical organizations to speed-up the research and development activities and scale up the process from pilot level to production level for the manufacturing of biopharmaceuticals, with the added advantage of reduced investment and production costs, their popularity has substantially increased, which is reflecting on their demand.

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KEY PREMIUM INDUSTRY INSIGHTS

1. Factors such as increasing demand for biopharmaceuticals, high energy efficiency, low water usage, less floor space requirement, very low risk of product cross contamination, and faster to implement are the key drivers for the growth of the global single use bio-processing market.

2. On the other hand, extractability and leach ability issues regarding disposable components like plastic bags, and environmental and economic concerns are the major factors that are restraining the growth of the single use bio-processing market.

3. On the other hand, high potential emerging markets such as China, Japan, and Middle East represents significant growth opportunities for the key players in the single-use bio-processing market. Further, the concern for disposal of single-use processes and issues related to scalability and transfer may pose challenges to the growth of this market during the forecast period.

Geographically, the Asia Pacific market for single-use bio-processing systems has spread across China, Japan, India, South Korea, Taiwan, Australia and New Zealand, South East Asian countries and the Rest of Asia Pacific. Over the forthcoming years, the domestic market is likely to remain on the top, thanks to the presence of a large pool of players. Japan stood second in the Asia Pacific market for single-use bio-processing systems in past few years. Expanding at an exponential growth rate compared to other domestic markets, it is likely to witness a high rise in its market share. The increasing demand for cost effective and prefabricated modular bio-processing facilities, introduction of new products, and the expansion in the pharmaceutical and biotechnology industry are expected to boost the Japan single-use bio-processing systems market in the years to come.

KEY MARKET PLAYERS

Key players in the single-use bio-processing market include:

1. Thermo Fisher Scientific Inc.
2. GE Healthcare
3. Sartorius Stedim Biotech S.A.
4. Merck Millipore
5. Danaher Corporation
6. 3M Company
7. Eppendorf AG
8. Finesse Solutions, Inc.
9. Applikon Biotechnology
10. Cesco Bioengineering C0. Ltd

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