Asia-Pacific Single Use System in Bio-Pharma Market

DELTA, British Columbia - Sept. 17, 2020 - PRLog -- Asia-Pacific Single Use System (SUS) in Bio-Pharm market is expected to witness rapid growth in the forecasted period. This is due to rising adoption of single-use bioreactors by larger-scale commercial manufacturing as it eliminates cleaning requirement, speed up development times and increase efficiency and safety and surging advancement in technology in the single-use field. Entwined with this, surging demand for SUS for chromatography, introduction of innovative treatment solutions for cancer, cardiovascular& infectious diseases and expansion across the biopharma sector are some of the factor driving the growth of the market in the coming years.

According to MarkNtel Advisors' research report "Asia-Pacific Single Use System in Bio-Pharma Market Analysis, 2020", the Asia-Pacific Single Use System in Bio-Pharma market is anticipated to grow at a considerable CAGR of around 12% during 2020-25. Based on Bioreactor, 1000-2000L grabbed the majority market share in 2019 due to its burgeoning demand large-scale and commercial-scale manufacturing thus, placing a lucrative opportunity to the companies to offer an increasing range of product options. However, the demand for bioreactor above 2000L is limited as it is cost-effective due to engineering limitations.

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China Acquired the Majority Market Share

China acquired the majority market share in the Asia-Pacific Single Use System in Bio-Pharma market in 2019.This is due to snowballing government and private organisation investment in the R&D sector, surging adoption of single-use bioprocessing systems for commercial manufacturing and increasing presence of market players offering technologically advanced bioprocessing products. Moreover, escalating use of single-use technologies (SUTs) for bioprocessing and vaccine manufacturing, significant increase in the demand for cost effective modular bioprocessing facilities and accelerating healthcare expenditure towards the pharmaceutical industry are some of the driving factors          strongly contributing towards the market growth of the Single Use System in Biopharmain the forthcoming period as revealed by the MarkNtel Advisors' research report "Asia-Pacific Single Use System in Bio-Pharma Market Analysis, 2020".