Single-use Assemblies Market valued at .25 billion in 2021 and is set to witness a healthy CAGR of 22% by 2026Posted by Tejashri Khade on October 13th, 2022 The Global Single-use Assemblies Market valued at .25 billion (2021) is set to witness a healthy growth rate of 22% in the next 5 years. Advantages of ready-to-use single-use assemblies, favorable funding for manufacturing of single-use solutions, rising biologics & vaccines market, and growing biopharmaceutical R&D are some of the main factors driving the Global Single-use Assemblies Market. Advantages of Single-use Assemblies Boosts Its Demand End users of bioprocessing frequently undertake the in-house assembling of single-use systems. If connections between the various components are not made correctly, it might result in cross-contamination and leakage which in turn might lead to production delays. Ready-to-use single-use assemblies appropriately address these issues. Some of the major advantages that are driving its demand are:
Favorable Funding for Manufacturing of Single-Use Solutions Fuels Single-use Assemblies Market In the last decade, single-use assemblies and technologies have observed widespread acceptance. Using single use equipment decreases facility set-up expenses, lowers cleaning costs & cross-product/batch contamination risks, rises product integrity, reduces downtime, and improves facility flexibility and adaptability. Favorable funding for the manufacturing of single-use solutions is anticipated to further drive the demand of the single-use assemblies market. For instance,
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“Single-use technology has a number of benefits in bioprocessing, but making it work requires access to the necessary tools—and lots of them. A single-use assembly offers everything a bio processor requires: bags, tubing, connectors, and filters. It provides flexible, customized single-use solutions to accelerate pharmaceutical drug development and manufacturing. Ready-to-use assemblies allow the growth and production of products in a wide range of sizes and for a variety of diseases. It is a critical component in the supply chain for the production of vaccines and medications around the world” - Senior Director, Leading Single-use Assembly Manufacturer, United States Competitive Landscape Analysis of Single-use Assemblies Market The global single-use assemblies market is marked by the presence of key players such as Thermo Fisher Scientific, Inc., Sartorius Stedim Biotech, Danaher Corporation, Merck KGaA, Avantor, Inc., Saint-Gobain, and others. For More Detailed Insights, Contact Us @ https://meditechinsights.com/contact-us/ About Medi-Tech Insights Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. Contact: Ruta Halde Associate, Medi-Tech Insights +32 498 86 80 79 info@meditechinsights.com Like it? Share it!More by this author |