Global Single-use Pumps in the Biopharmaceutical Market Report Overview:
According to the latest market study by MarkNtel Advisors titled “Global Single-use Pumps in the Biopharmaceutical Market Size, Share, Trends, Growth, Opportunity Analysis 2022-2027” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Global Single-use Pumps in the Biopharmaceutical Market Insight:
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.
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Possible Restraint: Limited Number of Gamma Irradiation Facilities
Gamma Irradiation has become the most common irradiation sterilization technology, with approximately 300 irradiation facilities across the globe. The largest application of gamma irradiation is the sterilization of single-use systems & medical devices to ensure a lower risk of infection. Additionally, Cobalt-60 is a radioactive isotope that produces gamma radiation & the amount of Cobalt-60 in an irradiator determines the volume of the product that can be processed. Therefore, the demand for Cobalt-60 continues to grow with the rising adoption of single-use pumps & other technologies.
However, the supply chain of Cobalt-60 is critical in ensuring the global demand for gamma irradiation facilities. Subsequently, the lower production of Cobalt-60 leads to the functioning of a lower number of gamma irradiation facilities, which is considered to restrain the manufacturing of single-use pumps across the globe.
Competitor Insight: Single-use Pumps in the Biopharmaceutical Market
This report focuses on major market participants like:
- 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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Segmentation Summary: Single-use Pumps in the Biopharmaceutical Market
This segmentation analysis outlines prominent sections in the report's table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Single-use Pumps in the Biopharmaceutical Market, with notable highlighting on:
-By Application
- Clinical
- Commercial
Among them, Clinical applications of single-use pumps experienced a higher growth during 2017-2021. Biopharma manufacturing, such as drug discovery & development, is rapidly transforming with a major focus on biologics that ultimately led to a rise in FDA approvals of biologic drugs in the market during the historical years. For instance, the US FDA approved SPIKEVAX, an mRNA-based COVID-19 vaccine, as of 31st March 2020. The developed, as well as emerging economies, have made significant contributions to upgrading their clinical segments. According to Clinicaltrials.gov., a developing country such as India has completed 351 clinical studies for cardiovascular disorders & 22 active studies are present in the pipeline.
-By Type
- Peristaltic pumps
- Diaphragm pumps
- Rotary lobe pumps
- Piston pumps
-By Material
- Polypropylene (PP)
- Polyethylene (PE)
-By Bioprocessing
- Upstream bioprocessing
- Downstream Bioprocessing
Single-use Pumps in the Biopharmaceutical Market Geographical Reach:
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Single-use Pumps in the Biopharmaceutical market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
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