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Single-use Bioprocessing Probes And Sensors Market Size to Surpass USD 9.8 BN ...

Single-use Bioprocessing Probes And Sensors Market Size, Share & Trends Analysis Report By Workflow (Downstream, Upstream), By Sensor Type, By End-use, By Region, And Segment- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

Status: Published Category: Healthcare Insight Code: 8341 Format: PDF / PPT / Excel

Content

The global Single-use Bioprocessing Probes And Sensors market size was estimated at USD 3.19 billion in 2022 and is expected to surpass around USD 9.8 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 11.88% during the forecast period 2023 to 2032.

Single-use Bioprocessing Probes And Sensors Market  Size, 2023 to 2032

Key Takeaways:

  • North America dominated the market with a share of 41.17% in 2022.
  • Asia Pacific is expected to grow at a significant CAGR of 12.71% from 2023 to 2032.
  • pH sensors accounted for the largest market share of 20.43% in 2022 and are expected to grow at the fastest CAGR during the forecast period.
  • The oxygen sensors segment is projected to grow at a lucrative CAGR of 12.96% from 2023 to 2032.
  • On the basis of workflow, the market is segmented into upstream and downstream. The upstream segment dominated the market with a revenue share of 74.19% in 2022.
  • The downstream processing is projected to register a lucrative CAGR of 11.77% from 2023 to 2032.
  • The biopharmaceutical & pharmaceutical companies segment accounted for the largest revenue share of 43.05% in 2022.
  • The academic & research institutes segment is anticipated to register the fastest CAGR of 15.13% from 2023 to 2032.

Single-use Bioprocessing Probes And Sensors Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 3.57 Billion
Market Size by 2032 USD 9.8 Billion
Growth Rate From 2023 to 2032 CAGR of 11.88%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Sensor type, workflow, End-use, Region
Market Analysis (Terms Used)

Value (US$ Million/Billion) or (Volume/Units)

 

Regional Scope North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa
Key Companies Profiled Thermo Fisher Scientific Inc.; Sartorius AG; Danaher; PreSens Precision Sensing GmbH; ABEC; Hamilton Company; PendoTECH; Equflow; PARKER HANNIFIN CORP; Dover Corporation

 

The key factors attributed to the growth of the market include production expansion by players and reduced environmental impact by using single-use bioprocessing probes and sensors. Moreover, the presence of several key companies supports market growth. The COVID-19 pandemic has further fueled the market growth. During the pandemic, the industry witnessed a supply shortage of several commodities. Suppliers increased the capacity of the single-use bioprocessing sector to cater to the increasing demand and balance the shortage of such commodities.

For instance, in September 2021, Thermo Fisher Scientific Inc., a major supplier in the industry, revealed a plan to set up a manufacturing facility in Nashville to produce products in single-use technologies (SUT). This facility is expected to be one of the world's largest single-use technology manufacturing facilities. Such an increase in production and development capabilities in the industry during the pandemic supports market growth. Moreover, single-use technology reduces water and energy consumption associated with cleaning and sterilization processes. They generate less waste than traditional reusable systems, aligning with the increasing focus on sustainability in the biopharmaceutical industry. In addition, single-use biotechnology systems, made up of plastics, are mostly recyclable and significantly decrease the environmental impact.

On the other hand, traditional biotechnology plants use large amounts of energy and water. Thus, the sustainability associated with single-use systems is expected to be preferred by biopharmaceutical manufacturers, which will boost market growth. Several players provide advanced and effective products. Thus, the wide adoption of advanced services and products is also expected to boost product demand. Many companies implement strategies, such as product launches, geographic expansions, strategic alliances, and M&As to enhance product portfolios and build positive customer positioning. For instance, in May 2022, Dover announced the acquisition of Malema Engineering Corp. This acquisition was aimed at expanding the single-use production offering of Dover. Such strategy implementation by players to gain a competitive edge is anticipated to support market growth over the forecast period.

Sensor Type Insights

Based on the sensor type, the market is segmented into sensors of pH, oxygen, pressure, temperature, conductivity, flow sensors, and others. pH sensors accounted for the largest market share of 20.43% in 2022 and are expected to grow at the fastest CAGR during the forecast period. It is one of the vital products that is generally utilized for water measurements. These sensors help measure the acidity and alkalinity of water in other solutions. Factors, such as the high usage rate and increasing product penetration, have propelled the segment growth and demand. Moreover, technological advances in the segment, such as pH sensors with an in-built temperature sensor, are anticipated to fuel the segment's growth over the forecast period.

The oxygen sensors segment is projected to grow at a lucrative CAGR of 12.96% from 2023 to 2032. Factors, such as the increasing prevalence of chronic disorders and the development of disposable sensors, are projected to drive a high growth rate in the segment. Moreover, many disposable sensors facilitate users to measure Dissolved Oxygen (DO) separately. DO level measurement is the physicochemical parameter monitored mostly in bioprocessing engineering. Several companies engaged in marketing and manufacturing disposable sensors to measure DO include Hamilton Company; Eppendorf AG; Applikon Biotechnology, Inc., Finesse; and Polestar Technologies.

Workflow Insights

On the basis of workflow, the market is segmented into upstream and downstream. The upstream segment dominated the market with a revenue share of 74.19% in 2022. The high revenue share of the segment is attributed to the increasing adoption of single-use media bags and bioreactors by manufacturers involved in the upstream manufacturing process.An effective upstream method typically depends on identifying Critical Process Parameters (CPPs) and using a bioreactor sensor type, which can deliver adequate control over CPPs. In an upstream process, Critical Process Parameters (CPPs) that are typically scrutinized comprise Dissolved Oxygen (DO), temperature, and pH.

Moreover, additional factors, such as viable-cell density, culture viability, specific growth rate, nutrient levels, and other measurable parameters are considered CPPs. The downstream processing is projected to register a lucrative CAGR of 11.77% from 2023 to 2032. The purification/polishing and affinity capture steps are considered expensive in this process. The continuous efforts by key players operating in the market to increase the use of disposables in the downstream process are anticipated to support the segment's growth over the forecast period.

End-use Insights

The biopharmaceutical & pharmaceutical companies segment accounted for the largest revenue share of 43.05% in 2022. Consistent new product developments in the market are driving the segment's growth. Moreover, increased adoption of disposables among in-house bio manufacturers to efficiently fulfill the worldwide rising demand for biopharmaceuticals is one of the major aspects of the growth of the biopharmaceutical manufacturer segment.

The academic & research institutes segment is anticipated to register the fastest CAGR of 15.13% from 2023 to 2032. The factors attributed to the growth of the segment include increasing research & development activities in the fields of biotechnology, pharmaceuticals & bioengineering. The research activities need accurate and reliable data, which drives the demand for single-use bioprocessing probes and sensors. Moreover, the advantages of single-use probes and sensors over traditional ones are anticipated to drive their demand over the forecast period.

Regional Insights

North America dominated the market with a share of 41.17% in 2022. The regional market covers two countries, i.e., the U.S. and Canada. The dominance of the region is due to the existence of several biopharmaceutical manufacturers in the U.S. These manufacturers include FUJIFILM Diosynth Biotechnologies U.S.A., Inc.; DPx Holdings; CMC Biologics; Amgen; and AbbVie, Inc. Many companies operating in the region undertake steps associated with bioprocessing. In addition, the region is home to various small- and large-scale OEMs like Entegris, Inc., PBS Biotech, Inc., Thermo Fisher, GE Healthcare, and Pall Corporation. These players contribute to the large market share of the region. The rising investment in the market is also propelling the region’s growth. For instance, in February 2022, Thermo Fisher Scientific, Inc., invested USD 40 million for the expansion of its single-use technology manufacturing facility in Pennsylvania.

These factors support the regional market growth in the industry. Asia Pacific is expected to grow at a significant CAGR of 12.71% from 2023 to 2032. The recognition and emergence of countries in the Asia Pacific as a hub for biopharmaceutical outsourcing will support the region’s growth. In addition, major industry players are focusing on expanding into Asian countries. For instance, in January 2023, Thermo Fisher Scientific, Inc. revealed the launch of a new manufacturing facility in China. The facility utilizes single-use technologies to manufacture drug substances and products and is expected to support a wide range of production volumes and scales. The presence of emerging economies, such as China and India, and the introduction of disposable products by bio manufacturers are driving the market growth.

Some of the prominent players in the Single-use Bioprocessing Probes And Sensors Market include:

  • Thermo Fisher Scientific
  • Sartorius AG
  • Danaher
  • PreSens Precision Sensing GmbH
  • ABEC
  • Hamilton Company
  • PendoTECH LLC
  • Equflow
  • Parker Hannifin Corporation
  • Dover Corporation

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Single-use Bioprocessing Probes And Sensors market.

By Sensor Type 

  • pH Sensor
  • Oxygen Sensor
  • Pressure Sensors
  • Temperature Sensors
  • Conductivity Sensors
  • Flow Meters & Sensors
  • Others

By Workflow 

  • Upstream
  • Downstream

By End-use 

  • Biopharmaceutical & Pharmaceutical Companies
  • CROs & CMOs
  • Academic & Research Institutes
  • Other End-users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)
  • Insight Code: 8341
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: September 2023
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034
FAQ's

The global Single-use Bioprocessing Probes And Sensors market size was estimated at USD 3.19 billion in 2022 and is expected to surpass around USD 9.8 billion by 2032

Some key players in the single-use bioprocessing probes and sensors market are Thermo Fisher Scientific Inc.; Sartorius AG; Danaher; PreSens Precision Sensing GmbH; ABEC; Hamilton Company; PendoTECH; Equflow; PARKER HANNIFIN CORP ; and Dover Corporation

Key factors driving the single-use bioprocessing probes and sensors market growth include increasing implementation of single-use technology; increasing investment in biotherapeutics R&D. In addition, the commercial benefits of the products are fueling the market for single-use bioprocessing probes and sensors. market.

The global single-use bioprocessing probes and sensors market is expected to witness a compound annual growth rate of 11.88% from 2023 to 2032