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Single-use Assemblies Market Valued At $2.25 Billion In 2021 And Is Set To Witness A Healthy Cagr Of 22% By 2026
The Global Single-use Assemblies Market valued at $2.25 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:
Quicker implementation of single-use assembly components in the bioprocess cycle
Less risks of cross-contamination and leakage
Reduced labor, expense, and time for end-users resulting in cost reduction
Eliminates cleaning and downtime, ...
... among others
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,
In January 2022, High Purity New England secured a USD 15M grant from the Biomedical Advanced Research and Development Authority (BARDA). The grant is expected to expand and accelerate the production of single-use assemblies, single-use pumps, single-use mixing systems, and sterile individually packaged components
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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.
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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.
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