Product Code: GVR-4-68039-250-4
Single-use Bioprocessing Probes And Sensors Market Growth & Trends:
The global single-use bioprocessing probes and sensors market size is expected to reach USD 6.67 billion by 2030, according to a new report by Grand View Research, Inc.. The market is estimated to register a CAGR of 11.87% over the forecast period. The key factors attributed to the growth of the market include production expansion by players and reduced environmental impact by using single-use bioprocessing probes and sensors. Moreover, the presence of several key companies supports market growth. The COVID-19 pandemic has further fueled the market growth. During the pandemic, the industry witnessed a supply shortage of several commodities. Suppliers increased the capacity of the single-use bioprocessing sector to cater to the increasing demand and balance the shortage of such commodities.
For instance, in September 2021, Thermo Fisher Scientific Inc., a major supplier in the industry, revealed a plan to set up a manufacturing facility in Nashville to produce products in single-use technologies (SUT). This facility is expected to be one of the world's largest single-use technology manufacturing facilities. Such an increase in production and development capabilities in the industry during the pandemic supports market growth. Moreover, single-use technology reduces water and energy consumption associated with cleaning and sterilization processes. They generate less waste than traditional reusable systems, aligning with the increasing focus on sustainability in the biopharmaceutical industry. In addition, single-use biotechnology systems, made up of plastics, are mostly recyclable and significantly decrease the environmental impact.
On the other hand, traditional biotechnology plants use large amounts of energy and water. Thus, the sustainability associated with single-use systems is expected to be preferred by biopharmaceutical manufacturers, which will boost market growth. Several players provide advanced and effective products. Thus, the wide adoption of advanced services and products is also expected to boost product demand. Many companies implement strategies, such as product launches, geographic expansions, strategic alliances, and M&As to enhance product portfolios and build positive customer positioning. For instance, in May 2022, Dover announced the acquisition of Malema Engineering Corp. This acquisition was aimed at expanding the single-use production offering of Dover. Such strategy implementation by players to gain a competitive edge is anticipated to support market growth over the forecast period.
Single-use Bioprocessing Probes And Sensors Market Report Highlights:
- The pH sensor type segment dominated the market in 2022 with a revenue share of 19.93% due to the high usage rate, increasing product penetration, and technological advances
- The upstream workflow segment held the largest share of 73.49% in 2022 due to the growing adoption of single-use products in the upstream manufacturing procedure by biopharmaceutical manufacturers
- The biopharmaceutical & pharmaceutical companies end-use segment dominated the market with a revenue share of 42.05% in 2022 owing to product developments in the industry and high demand for biopharmaceuticals
- North America dominated the global industry with a share of 40.37% in 2022 due to the presence of several biopharmaceutical manufacturers in the U.S.
- Asia Pacific is projected to register the fastest CAGR of 12.70% from 2023 to 2030 owing to the growing focus of global players on expanding into emerging countries, such as India and China
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.2.1. Information Analysis
- 1.2.2. Market End-use & Data Visualization
- 1.2.3. Data Validation & Publishing
- 1.3. Research Assumptions
- 1.4. Information Procurement
- 1.5. Information or Data Analysis
- 1.6. Market End-use & Validation
- 1.7. Market Model
- 1.8. Global Market: CAGR Calculation
- 1.9. Objectives
- 1.9.1. Objective 1:
- 1.9.2. Objective 2:
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing implementation of Single-Use Technology (SUT) for bio production
- 3.2.1.2. Commercial advantages over conventional products
- 3.2.1.3. Rising demand for improved bioprocess monitoring
- 3.2.1.4. Application of SUB in circumventing bottlenecks of COVID-19 vaccine manufacturing
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Environmental concerns
- 3.2.2.2. Technical challenges related to use of single-use sensors
- 3.3. Industry Analysis Tools
- 3.3.1. Porter's Five Forces Analysis
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Sensor Type Business Analysis
- 4.1. Single-use Bioprocessing Probes And Sensors Market: Sensor Type Movement Analysis
- 4.2. pH Sensors
- 4.2.1. pH Sensors Market, 2018 - 2030 (USD Million)
- 4.3. Oxygen Sensor
- 4.3.1. Oxygen Sensor Market, 2018 - 2030 (USD Million)
- 4.4. Pressure Sensors
- 4.4.1. Pressure Sensors Market, 2018 - 2030 (USD Million)
- 4.5. Temperature Sensors
- 4.5.1. Temperature Sensors Market, 2018 - 2030 (USD Million)
- 4.6. Conductivity Sensors
- 4.6.1. Conductivity Sensors Market, 2018 - 2030 (USD Million)
- 4.7. Flow Meters & Sensors
- 4.7.1. Flow Meters & Sensors Market, 2018 - 2030 (USD Million)
- 4.8. Others
- 4.8.1. Other Sensor Types Market, 2018 - 2030 (USD Million)
Chapter 5. Workflow Business Analysis
- 5.1. Single-use Bioprocessing Probes And Sensors Market: Workflow Movement Analysis
- 5.2. Upstream
- 5.2.1. Upstream Market, 2018 - 2030 (USD Million)
- 5.3. Downstream
- 5.3.1. Downstream Market, 2018 - 2030 (USD Million)
Chapter 6. End-use Business Analysis
- 6.1. Single-use Bioprocessing Probes And Sensors Market: End-use Movement Analysis
- 6.2. Biopharmaceutical & Pharmaceutical Companies
- 6.2.1. Biopharmaceutical & Pharmaceutical Companies Market, 2018 - 2030 (USD Million)
- 6.3. CROs & CMOs
- 6.3.1. CROs & CMOs Market, 2018 - 2030 (USD Million)
- 6.4. Academic & Research Institutes
- 6.4.1. Academic & Research Institutes Market, 2018 - 2030 (USD Million)
- 6.5. Other End-users
- 6.5.1. Other End-users Market, 2018 - 2030 (USD Million)
Chapter 7. Regional Business Analysis
- 7.1. Single-use Bioprocessing Probes And Sensors Market Share By Region, 2022 & 2030
- 7.2. North America
- 7.2.1. North America Single-use Bioprocessing Probes And Sensors Market, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key Country Dynamics
- 7.2.2.2. Competitive Scenario
- 7.2.2.3. Regulatory Framework
- 7.2.2.4. U.S. Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Competitive Scenario
- 7.2.3.3. Regulatory Framework
- 7.2.3.4. Canada Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Competitive Scenario
- 7.3.2.3. Regulatory Framework
- 7.3.2.4. UK Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Competitive Scenario
- 7.3.3.3. Regulatory Framework
- 7.3.3.4. Germany Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Competitive Scenario
- 7.3.4.3. Regulatory Framework
- 7.3.4.4. France Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Competitive Scenario
- 7.3.5.3. Regulatory Framework
- 7.3.5.4. Italy Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Competitive Scenario
- 7.3.6.3. Regulatory Framework
- 7.3.6.4. Spain Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.7. Denmark
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Competitive Scenario
- 7.3.7.3. Regulatory Framework
- 7.3.7.4. Denmark Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.8. Sweden
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Competitive Scenario
- 7.3.8.3. Regulatory Framework
- 7.3.8.4. Sweden Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.3.9. Norway
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Competitive Scenario
- 7.3.9.3. Regulatory Framework
- 7.3.9.4. Norway Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.2. Japan
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. Competitive Scenario
- 7.4.2.3. Regulatory Framework
- 7.4.2.4. Japan Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.3. China
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Competitive Scenario
- 7.4.3.3. Regulatory Framework
- 7.4.3.4. China Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Competitive Scenario
- 7.4.4.3. Regulatory Framework
- 7.4.4.4. India Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Competitive Scenario
- 7.4.5.3. Regulatory Framework
- 7.4.5.4. Australia Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.6. Thailand
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Competitive Scenario
- 7.4.6.3. Regulatory Framework
- 7.4.6.4. Thailand Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.4.7. South Korea
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Competitive Scenario
- 7.4.7.3. Regulatory Framework
- 7.4.7.4. South Korea Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Competitive Scenario
- 7.5.2.3. Regulatory Framework
- 7.5.2.4. Brazil Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Competitive Scenario
- 7.5.3.3. Regulatory Framework
- 7.5.3.4. Mexico Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.5.4. Argentina
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Competitive Scenario
- 7.5.4.3. Regulatory Framework
- 7.5.4.4. Argentina Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.6. MEA
- 7.6.1. MEA Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Competitive Scenario
- 7.6.2.3. Regulatory Framework
- 7.6.2.4. South Africa Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Competitive Scenario
- 7.6.3.3. Regulatory Framework
- 7.6.3.4. Saudi Arabia Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.6.4. UAE
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Competitive Scenario
- 7.6.4.3. Regulatory Framework
- 7.6.4.4. UAE Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
- 7.6.5. Kuwait
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Competitive Scenario
- 7.6.5.3. Regulatory Framework
- 7.6.5.4. Kuwait Single-use Bioprocessing Probes and Sensors Market, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Strategy Mapping
- 8.3. Company Market Share Analysis, 2022
- 8.4. Company Profiles/Listing
- 8.4.1. Thermo Fisher Scientific Inc.
- 8.4.1.1. Overview
- 8.4.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Sartorius AG
- 8.4.2.1. Overview
- 8.4.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Danaher
- 8.4.3.1. Overview
- 8.4.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. PreSens Precision Sensing GmbH
- 8.4.4.1. Overview
- 8.4.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. ABEC
- 8.4.5.1. Overview
- 8.4.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Hamilton Company
- 8.4.6.1. Overview
- 8.4.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. PendoTECH
- 8.4.7.1. Overview
- 8.4.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Equflow
- 8.4.8.1. Overview
- 8.4.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. PARKER HANNIFIN CORP
- 8.4.9.1. Overview
- 8.4.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Dover Corporation
- 8.4.10.1. Overview
- 8.4.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives