Single Use Products in Biopharmaceuticals Market, by Product Type {(Work Equipment [Flask, Containers, Syringes, Pipettes tips, Centrifuge tubes, Hand Gloves, Face Mask, Filters, Tubes, Others]), by Apparatus (Single Use Bioreactor, Isolators, Membrane Valves, Canister, Chromatography Systems, Filtration Systems, Mixing Systems, and Others)}, by End User (Pharmaceutical Companies, Biotechnology Companies and Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
Single use products used in biopharmaceutical manufacturing process can refer to a product that is used only once and then discard, these single use products cannot be reused for processing purposes. The materials used for manufacturing these single use products are plastic, polyethylene, paper for filtration unit. Single use products reduces the expenses of high cost equipment, risk of contamination in cell culture, reducing the time, testing, validation, and documentation of manufacturing product. As biopharmaceutical market is booming globally for drug development, vaccine production, and other medicinal innovations, this is expected to drive the market of single use products required in biopharmaceutical processing.
Market Dynamics
Market players are expanding their single use products in biopharmaceuticals market with collaborations with other companies, which is further expected to drive growth of the global single use products in biopharmaceuticals market over the forecast period. For instance, on September 9, 2021, Cytiva, a provider of technologies and services used in development and manufacture in therapeutics, decided to expand its manufacturing capacity of single use product in biopharmaceutical in China. In collaboration with Wego Pharmaceutical Co., which is a supplier of healthcare technologies will triple the supply capacity of single use product in Asia Pacific by Cytiva.
The increasing research and development, investment activities in pharmaceutical market increases the requirement of single use products and this is expected to drive growth of the global single use products in biopharmaceuticals market over the forecast period. For instance, According to India Brand Equity Foundation (IBEF) data published on December 7, 2021, in which reports that the Indian government has provided policy assistance to the pharmaceutical business, with the Ministry of Finance of India announcing US$ 26,578.3 million in financing for the next five years to increase research and development operations in June 2021.
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