Global Single-use Pumps in the Biopharmaceutical Market Overview: 2022-2027
Base Year: 2021
Historical Years: 2017-20
Forecast Years: 2022-2027
The Global Single-use Pumps in the Biopharmaceutical market is projected to grow at a CAGR of around 6.21% during the forecast period, 2022-2027. The Global Single-use Pumps in the Biopharmaceutical Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Single-use Pumps in the Biopharmaceutical Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Single-use Pumps in the Biopharmaceutical Market drivers, barriers, Global Single-use Pumps in the Biopharmaceutical Market Trends, and Key Players in Global Single-use Pumps in the Biopharmaceutical Market.
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Global Single-use Pumps in the Biopharmaceutical Market Dynamics: 2022-2027
Market Dynamics:
Key Driver: Increasing Demand for Biopharmaceutical Product Manufacturing
Biopharmaceutical product manufacturing is rapidly growing & becoming increasingly competitive. The success of the clinical pipeline has led to an unprecedented number of new biologic launches & an increase in the share of new approvals from the U.S Food and Drug Administration. In addition to this, there has been significant growth in the research & development of orphan drugs as well. According to the European Medicines Agency statistics, 207 initial orphan marketing authorizations have been granted & 126 active initial authorizations of orphan drugs are to be marketed as of 2022. Therefore, the clinical research, as well as commercial manufacturing of orphan & niche drugs, would witness a substantial increase in the coming years.
Further, with the increasing market for a biosimilar, orphan drugs, and other biopharmaceutical products, the demand for single-use systems such as bioreactors, pumps, containers, etc., for clinical as well as commercial purposes would experience a significant uptick in demand during the forecasted years.
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Global Single-use Pumps in the Biopharmaceutical Market (2022-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
-Peristaltic pumps
-Diaphragm pumps
-Rotary lobe pumps
-Piston pumps
By Material
-Polypropylene (PP)
-Polyethylene (PE)
By Application
-Clinical
-Commercial
By Bioprocessing
-Upstream bioprocessing
-Downstream Bioprocessing
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Single-use Pumps in the Biopharmaceutical Market:
PSG Dover, Quantex Arc, Watson Marlow, Colly Flowtech AB, Levitronix, Pumpcell, Fluid Flow, PROMECON GmbH, CerCell, ALMATECHNIK AG, Verder International B.V., ProMinent GmbH, Others.
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