Single-use Pumps in the Biopharmaceutical Market Poised for Robust Growth, forecasted to Expand at 6.21% CAGR from 2022-27
MarkNtel Advisors has released its latest report highlighting strong growth in 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.
Report Coverage
This report offers a comprehensive analysis of the Single-use Pumps in the Biopharmaceutical Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
· Base Year: 2021
· Forecast Years: 2022-27
· Historical Years: 2017-20
Single-use Pumps in the Biopharmaceutical Market Overview
The major factors responsible for this market growth included the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research & development, to become a technological powerhouse across the globe.
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Single-use Pumps in the Biopharmaceutical Market Segmentation Outlook
The Single-use Pumps in the Biopharmaceutical is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
o Peristaltic pumps
o Diaphragm pumps
o Rotary lobe pumps
o Piston pumps
By Material
o Polypropylene (PP)
o Polyethylene (PE)
By Application
o Clinical
o Commercial
By Bioprocessing
o Upstream bioprocessing
o Downstream Bioprocessing
By Region
o North America
o South America
o Europe
o Middle East & Africa
o Asia-Pacific
Single-use Pumps in the Biopharmaceutical Market Trend
Increasing Demand for mRNA-based Vaccines- The demand for the mRNA-based vaccines was boosted during the COVID-19 pandemic, owing to the successful manufacturing of the mRNA-based Moderna & Pfizer BioNTech vaccines, which provide approximately 94% effectiveness to fully vaccinated adults. Further, these vaccines are easier & quicker to produce than traditional vaccines & are manufactured using readily available raw materials. Additionally, the high effectiveness of mRNA-based vaccines against coronavirus has further accelerated researchers' fascination to pursue mRNA platforms for treating infectious diseases.
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Top Single-use Pumps in the Biopharmaceutical Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies 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 as key players shaping the market landscape.
Key Questions Answered in the Report
· What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
· How the industry has been evolving, and which segments would dominate the market during the forecast period?
· What are the key opportunity areas that companies foresee in the coming years 2027?
· Who are the key players in the market, and what are their competitive strengths?
· What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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