Global Single-use Pumps Fact

Global Single-use Pumps Fact

Key applications of single-use pumps encompass feeding cross-flow filter systems, chromatography modules, and centrifuges, where precise flow control is crucial. According to Tanalyze, Ltd., the global single-use pumps market is projected to witness a compound annual growth rate (CAGR) of 12.9% during the forecast period, leading to an estimated value of USD 653.7 million by the year 2029.

The market analysis covers various end-user segments, including biopharmaceuticals, petrochemicals, food and beverage, among others, for the indicated period. Within the pharmaceuticals industry, the biopharmaceutical sector focuses on drugs manufactured using biotechnology methods, which involve biological sources from living organisms or their active components. Projections indicate a continued upward trajectory, with the biopharmaceutical segment's market size expected to represent a CAGR of 14.6% during the forecast period from 2024 to 2029.

Geographically, North America has emerged as the dominant player in the single-use pumps market as of 2023, closely followed by Asia-Pacific and Europe. Regulatory approvals play a pivotal role in driving the adoption of single-use pumps within pharmaceutical processes in these regions. Furthermore, the surge in greenfield project investments and the expansion of production capacities in existing facilities further bolster the uptake of single-use pumps. These factors collectively underscore the significant growth potential and market opportunities present in North America and the Asia-Pacific region for single-use pumps.

The single-use pumps market is highly consolidated, with Dover Corporation, Masterflex SE, Levitronix GmbH, Getinge AB, and Cole-Parmer Instrument Company, LLC dominating the market. Additionally, a few small Tier II and III pump companies contribute to competitive dynamics. Other prominent vendors shaping competitive dynamics include Stobbe Pharma GmbH, AC Engineering, Watson-Marlow Limited, Swissinnov Product, PumpCell, among others. Most companies offer multiple products in the market.

This study aims to analyze the global market for various segments of single-use pumps, including:

End-User: Biopharmaceutical, Petrochemical, Food and Beverage, and Others.

Region: North America, Europe, Asia-Pacific, and Rest of World (RoW).