Here Are The Top Trends In Single-use Bioprocessing System Market To Watch.
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Single-use Bioprocessing System Market |
The global single-use bioprocessing systems market is expected to grow at a CAGR of 11.25% during the forecast period. Based on end-user, the global single-use bioprocessing systems market has been segmented into Pharmaceutical companies, CROs and CMOs, Biotechnology companies, and Academic and research institutions. As per the latest market research report published by Technavio, the single-use bioprocessing systems market size has the potential to grow by USD 2.91 billion during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period. Get the free sample report below for the detailed information.
Pharmaceutical companies dominate the use of single-use bioprocessing systems in both upstream and downstream
manufacturing processes for drug and active pharmaceutical ingredient (API)
manufacturing. The use of single-use bioprocessing systems allows manufacturers to reduce
the time required to perform cleaning validations and offers them to shift
quickly and easily from one batch/product to another. additionally, single-use
bioprocessing systems, such as single-use bags, mixers, and filters, enable
cost savings by eliminating the need for sterilization in place (SIP).
In addition, pharmaceutical companies are finding
extensive applications of single-use bioprocessing systems in the pre-commercial stages.
The increase in pre-clinical developments among pharmaceutical manufacturers
have driven the demand for single-use bioprocessing systems considerably worldwide. Thus,
the growth in pre-clinical activities have fueled the deployment of single-use
bioprocessing systems among pharmaceutical companies, thereby driving the
growth of this segment in the global single-use bioprocessing systems market
during the forecast period. To know the complete and in-depth analysis and
forecast of this market get the complete report by clicking the link below.
Get the Complete
Report @ http://bit.ly/32yBdaz
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