Single-use Bioprocessing Market is poised to grow at a CAGR of 16.5% by 2032
The single-use bioprocessing market refers to the use of disposable equipment and components in biopharmaceutical manufacturing processes. Single-use bioprocessing is becoming increasingly popular due to its advantages over traditional stainless-steel systems, including reduced cross-contamination risk, increased flexibility, and reduced capital and operating costs. The global single-use bioprocessing market is driven by the increasing demand for biologics and biosimilars, as well as the adoption of single-use technologies by biopharmaceutical manufacturers. The global single-use market for bioprocessing was valued at USD 18,300 Million in 2022. This market is expected to grow at a CAGR of 16.5% from 2023-2032. The demand for single-use bioprocessing is being driven…
- Date: April 13, 2023
- Author: Thomas Bretz
- Category: Taiwan News