Single Use Consumables Market Anticipated to Reach $4.7 Billion by 2027

Single Use Consumables Market Size, Share & Trends by Product (Tubing, Connectors, Disconnectors, Adapters, Valves, Capsule Filter, Sensors), Application (Filtration, Storage, Cell Culture, Sampling) - Global Forecast to 2027

The global single-use consumables market was estimated at $2.2 billion in 2022 and is forecast to grow to $4.7 billion by 2027, at a CAGR of 16.6%. The research encompasses trends, pricing, patents, and stakeholder analysis. Increased use of single-use technologies in biopharma and vaccine production is expected to drive the market’s growth trajectory.

Download PDF Brochure

Browse in-depth TOC on "Single Use Consumables Market"

261 - Tables

32 - Figures

270 - Pages

Tubing segment held major share in single-use consumables market in 2021.

Based on product, the single-use consumables market is segmented into tubing, connectors, disconnectors, adapters, valves, disposable capsule filters, and single-use sensors. The tubing segment is estimated to be the largest and the fastest-growing product segment in this market. This segment includes tubing with its assemblies and components. The tubing segment is further segmented by material and type. The material segments include silicone, elastomer, and other materials [Kynar (PVDF), ADIF polypropylene, TPE, TPV, phthalate-free vinyl, and other engineering polymers), while the type segments include tubing assemblies and components. The connectors segment is further anticipated grow at faster pace owing to increased use and launch of new products in the market.

Filtration application segment dominated the global single-use consumables market in 2021.

Based on applications, the single-use consumables market is segmented into filtration, cell culture & mixing, storage, sampling and other applications. In 2021, the filtration applications segment accounted for the largest share in the global single-use consumables market. Filtration consumables have advantages over stainless steel consumables, such as the equipment turnover for new products is quicker with single-use consumables. The additional testing and cleaning time associated with equipment release and documentation is also reduced or eliminated with single-use technologies. It also provides more production flexibility because single-use consumables can be made to order in the size and configuration required. These are some of the major factors projecting market growth.

Request Sample Pages

North America has registered fastest growth rate during the forecast period in single-use consumables market

Geographically, the single-use consumables market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share in the global single-use consumables market in 2021. The large share of North America in the single-use consumables market is largely driven by the presence of key market players and increasing public-private initiatives for research activities. The market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The high growth rate of the APAC region can be attributed to the growing pharmaceutical industry; increasing adoption of emerging markets in single-use consumables-based research; expansion of research infrastructure; and increasing industrial initiatives to boost advanced research in the region.

The prominent players in the single-use consumables market are Thermo Fisher Scientific, Inc.  (US), Sartorius Stedim Biotech (France), Danaher Corporation (US), Merck KGaA (Germany), and Avantor, Inc. (US). These companies have adopted organic and inorganic growth strategies, such as product launches and acquisitions, to maintain their leading positions in the single-use consumables market.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:

Mr. Rohan Salgarkar

MarketsandMarkets Inc.

1615 South Congress Ave.

Suite 103, Delray Beach, FL 33445

USA : 1-888-600-6441

UK +44-800-368-9399

Email: [email protected]

Visit Our Website: https://www.marketsandmarkets.com/

 

 

 


HealthcareIndustry101

101 Blog posts

Comments