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(IT-NEWSWIRE.COM, May 12, 2017 ) The single-use bioprocessing systems market is rapidly evolving. It focuses on developing disposable bioprocessing equipment and accessories for manufacturing of biopharmaceutical products. Bioprocess is a technique that produces biological materials such as a genetically engineered microbial strain for commercial use. For example, commercially useful chemicals are produced through bioprocess techniques such as microbial fermentation or degradation. The traditional approaches in bioprocessing involve stainless steel equipment that are not just difficult to maintain but also time-consuming and costly.
Technavios analysts forecast the global single-use bioprocessing system market to grow at a CAGR of 7.83% during the period 2017-2021.
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Report covers the present scenario and the growth prospects of the global single-use bioprocessing system market for 2017-2021. To calculate the market size, the report considers the revenue generated from retail sales of key vendors to end-users such as pharmaceutical companies, CROs/CMOs, biotech companies, and academic and research institutions.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Single-Use Bioprocessing System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Danaher
GE Healthcare
Merck
Sartorius
Thermo Fisher Scientific
Other prominent vendors
Broadley-James Corporation
Eppendorf
Saint-Gobain
Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-single-use-bioprocessing-system-market-2017-2021-report.html
Market driver
Single-use technology (SUT) combats global drug shortage problem.
For a full, detailed list, view our report
Market challenge
Risk of leachables and extractables from plastics used in disposable systems.
For a full, detailed list, view our report
Market trend
Increasing adoption of single-use bioprocessing in pre-clinical and commercial stages.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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