The market for Single-use Bioprocessing Probes & Sensors was valued at US$ 1950.5 million in 2021, and it is anticipated to increase to US$ 5,680.71 million by 2027, with a CAGR of 14.5% during 2022 and 2027.
Biopharmaceutical manufacturers and life science research and development companies commonly utilize probes and sensors to indicate the presence of specific ions, chemicals, or molecular events in vitro by conveying a measurable signal. While sensors help translate physical events into electrical signals, probes help convert signal levels, change impedance levels, or provide convenient connecting options. Advanced and trustworthy versions aid in the effective collection of pertinent data for process control. Probes and sensors for single-use bioprocessing are intended to be used only once before being discarded. They are favored by end users in large numbers because they increase process productivity and make disposal simpler while posing little risk of cross-contamination.
The global market is being pushed primarily by continuous technological improvements in bioprocessing. Analysis models that foresee errors and improve accuracy during medical operations have been developed as a result of the growing integration of automation, big data, and machine learning (ML) solutions with diverse applications. This is anticipated to boost consumer demand for single-use bioprocessing probes and sensors and improve the market's outlook. In addition, significant improvements in the infrastructure of the disposable technology supply chain are anticipated to fuel additional market expansion. The introduction of single-use sensors with broad applications is also driving the market. These product variations provide accurate online measurement of glucose and lactate in bioreactors, which has helped them become well-known among end users. The affordability of these disposables and the low contamination rates connected with their use are a couple of the additional elements boosting market growth.
September 03rd, 2021: Saint-Gobain Life Sciences Acquires Equflow B.V.--
Saint-Gobain Life Sciences announced today the acquisition of Equflow B.V., located in Oss, Netherlands. Equflow is a leading designer and provider of Flowmeters, produced for a broad range of commercial and industrial applications, primarily serving the single-use bioprocessing market. The acquisition expands Saint-Gobain’s product capabilities within its Bio-Process Solutions (BPS) business.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America dominated the single-use bioprocessing probes and sensors market, accounting for about 34.0% of revenue in 2020. The majority of biopharmaceutical producers, including CMC Biologics, FUJIFILM Diosynth Biotechnologies U.S.A., Inc., Amgen, DPx Holdings, and AbbVie, Inc., are based in the United States. Additionally, a sizable number of regional players that have their headquarters there participate in the ancillary processes of bioprocessing, such as the production of viral vectors.
Because Asian countries are recognised as a hub for biopharmaceutical outsourcing, the market for single-use bioprocessing probes and sensors in Asia Pacific is predicted to grow at the fastest CAGR throughout the forecast period. Growing economies like China and India considerably boost the region's revenue creation. Additionally, disposable items from important worldwide suppliers are being incorporated by Asia-based bio makers in their cGMP biomanufacturing facility, which is fuelling regional growth.
The Single-use Bioprocessing Probes & Sensors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Single-use Bioprocessing Probes & Sensors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 14.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Thermo Fisher Scientific Inc., PendoTECH LLC, Polestar Technologies Inc., Hamilton Company, Parker Hannifin Corporation, Sartorius AG, Danaher Corporation, PreSens Precision Sensing GmbH, ABEC, Equflow, Malema Engineering Corporation, Dover Corporation, Broadley-James Corporation, High Purity New England, Inc., Cole-Parmer Instrument Company, LLC., ESI Ultrapure |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 136 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Single-use Bioprocessing Probes & Sensors Market?
The Single-use Bioprocessing Probes & Sensors Market is growing at a CAGR of 14.5% over the next 5 years.
Who are the key players in Single-use Bioprocessing Probes & Sensors Market?
Thermo Fisher Scientific Inc., PendoTECH LLC, Polestar Technologies Inc., Parker Hannifin Corporation, Sartorius AG, Danaher Corporation, PreSens Precision Sensing GmbH, ABEC, Hamilton Company, Equflow, Malema Engineering Corporation, Dover Corporation, Broadley-James Corporation, High Purity New England, Inc., Cole-Parmer Instrument Company, LLC., ESI Ultrapure
What are the significant types of Single-use Bioprocessing Probes & Sensors Market?
pH Sensor, Oxygen Sensor, Pressure Sensors, Temperature Sensors, Conductivity Sensors, Flow Meters & Sensors, Others
What are the major end-use applications of Single-use Bioprocessing Probes & Sensors Market?
Biopharmaceutical Manufacturer, OEM, Others
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SECONDARY RESEARCH
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