SAN FRANCISCO, June 19, 2018 /PRNewswire/ --
The global single-use bioprocessing market size is expectedto reach USD 26.89 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 13.6% during the forecast period. Low cost associated with operations and construction is recognized as the
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Rising pressure to meet the growing demand for biopharmaceuticals is expected to significantly impact the adoption of SUTs within the bioprocessing industry. Hence, this space is also expected to be benefitted by the rapid growth of biologics. Moreover, SUT helps in enhancing operational capacity, which in turn, prompts biopharmaceutical companies to adopt disposable equipment.
Growing popularity of contract services for bioproduction has played a major role in reshaping the SUT's landscape. Furthermore, understanding the advantages of disposable biomanufacturing equipment, firms have been investing in breakthrough innovations and incremental changes to augment the scope of disposables.
Browse full research report with TOC on "Single-use Bioprocessing Market Size, Share, & Trends Analysis Report By Product (Simple & Peripheral Elements, Apparatus & Plants, Work Equipment), By Workflow, By End Use, And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/single-use-bioprocessing-market
Further Key Findings From the Report Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global single-use bioprocessing market on the basis of product, workflow, end use, and region:
Explore the BI enabled intuitive market research database, The Grand Library, by Grand View Research, Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: +1-415-349-0058 Toll Free: 1-888-202-9519 Email: firstname.lastname@example.org
SOURCE Grand View Research, Inc.
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