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How Single-use Filtration Assemblies Incredible Future In Upcoming Time?

Posted by NickyArora on April 30th, 2020

The global single-use filtration assemblies market size is expected to reach USD 7.0 billion by 2026 and is projected to exhibit a CAGR of 11.2%, according to a new report by Grand View Research, Inc. The market is significantly driven by the expansion of the biotherapeutics industry and budget constraints faced by small to medium-sized end users. At present, single-use technology has become a cost-saving strategy for contract manufacturers, thus most of the CMOs are inclined toward the use of disposable filter cartridges and tubing systems.

The robustness of venture capital investments is one of the important supportive factors for market growth. Increase in availability of venture funds for life science fields is anticipated to spur the adoption of disposable filtering units among research laboratories and biopharmaceutical developers.

Companies are engaged in revolutionizing single-use filtration assemblies using pre-assembled devices, which can reduce the usage of sterile connection and tubing. In addition, it reduces integrity testing time. Such solutions are being employed even for large-scale filtering processes.

Access Full Info @ https://www.grandviewresearch.com/industry-analysis/single-use-filtration-assemblies-market/request/rs1

Further key findings from the report suggest:

  • Disposable membrane filtration captured the largest revenue share, owing to its wide acceptance among biomanufacturers. Factors responsible for this estimated share include high penetration of products and advantages pertaining to efficiency and productivity
  • Centrifugation accounted for the lowest penetration owing to the fact that commercial availability of single-use centrifuge was quite delayed
  • Bioprocessing/biopharmaceuticals manufacturing application dominated the single-use filtration assemblies market owing to high adoption of this technology by contract biomanufacturers
  • Filters are estimated to account for the largest share owing to their wide usage across all the end users
  • The U.S. bioprocessing sector is recognized as a leader in single-use technology innovations, owing to increasing pipeline of biopharmaceutical drugs from companies operating herein
  • On the other hand, Asia Pacific countries are expected to serve as a lucrative source of revenue. This is primarily due to a constantly developing healthcare sector in Asian countries, which in turn, has driven the attention of global players. Presence of low-cost production facilities is another crucial factor resulting in regional investments by global companies
  • Key participants include Sartorius AG; 3M Purification; Danaher; Repligen Corporation; Merck Millipore; Cellab; Medela; Thermo Fisher Scientific, Inc.; MEISSNER FILTRATION PRODUCTS, INC.; and DrM, Dr. Mueller AG. Participants are involved in expansion of their portfolio to effectively serve the growing demand for single-use filters among end users, particularly biomanufacturers.

About Grand View Research:

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 compnies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.

Contact:

Grand View Research, Inc.

201 Spear Street 1100,

San Francisco, CA 94105

United States

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Also See: Filtration Assemblies, View Research, Grand View, Assemblies Market, Single, Research, Filtration

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