London, 03 September 2015 – Technavio has published a new report on the global single-use bioprocessing systems market, which is expected to grow at a CAGR of more than 34% from 2015-2019.
About the Report
The new report by Technavio indicates the increase in the aging population is leading to a rapid increase in patient population suffering from diseases such as diabetes, hypertension, musculoskeletal and cardiovascular diseases, chronic kidney diseases, cerebral strokes, and cancer. This increases the demand for biopharmaceuticals among patients.
“Most of these biopharmaceuticals are biologics and need bioprocessing systems for the large-scale production of biologics to meet the needs of the industry. This requires the use of bioprocessing systems with better process efficiency and output,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also underlines the single-use bioprocessing systems that are still evolving and have immense potential for growth globally.
“Due to this growing potential, many bioprocessing systems manufacturers are opting for strategic partnerships to develop innovative platforms for the cultivation of cells or the development of new systems,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global single-use bioprocessing systems market from 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of R&D support single-use systems and GMP single-use systems.
Key Information Covered in the Report:
Key Vendors:
- ThermoFisher Scientific Inc.
- GE Healthcare
- Merck KGaA
- Sartorius AG
Market Growth Drivers:
- Increasing Demand for Biopharmaceuticals
- For a full detailed list, view our report.
Market Challenges:
- Change in Dynamics of Regulations
- For a full detailed list, view our report.
Market Trends:
- Increase in Collaboration and Partnership Activities
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
