Single Use Consumable Market Size - By Product, By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Single Use Consumable Market Size - By Product, By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Global Single Use Consumable Market Overview:

According to SPER Market Research, the Global Single Use Consumable Market is estimated to reach USD 10.40 billion by 2032 with a CAGR of 16.81%. The market for consumables is expanding, and single-use technology utilization is increasing in the biopharmaceutical industry. The market is also anticipated to develop as a result of expanding use of single-use bioprocessing and biopharmaceuticals in vaccine production. One of the main drivers of the growth of the single-use consumables market is the increase in the use of single use bioprocessing in production by pharmaceutical companies.

Impact of COVID-19 on the Global Single Use Consumable Market

COVID-19 was mainly unknown prior to the outbreak in Wuhan (China). Since then, it has evolved from a regional problem to a global epidemic. Following the World Health Organization's (WHO) declaration that the virus outbreak was a pandemic, a number of established pharmaceutical companies and young startups rushed to develop drugs and vaccines to treat the infection caused by the novel coronavirus.

Scope of the Report:

Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By Product, By Application, By End User.

Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered Avantor Inc., Broadley James Corporation, Colder Products Company, Corning Incorporated, Danaher Corporation, ESI Technologies Group, Gemu Group.

Global Single Use Consumable Market Segmentation:

By Application:Based on the Application, Global Single Use Consumable Market is segmented as:Cell Culture and Mixing, Filtration, Sampling, Storage, Other Application.

By End User:Based on the End User, Global Single Use Consumable Market is segmented as: Biopharmaceutical and Pharmaceutical Companies, Contract Research Organization and Contract Manufacturing Organizations, Original Equipment Manufacturers, Others.

By Region:North America held a lion's share of the singleuse consumables industry. Due to the presence of major market participants and the growing usage of single-use consumables in research applications, North America held the majority of the market share.