Single Use Consumables Global Market Is Expected To Grow At A Rate Of More Than 17% Through 2023 – 2027
24 Jul, 2023
The global single use consumables market size is expected to grow from $2.64 billion in 2022 to $3.12 billion in 2023 at a compound annual growth rate (CAGR) of 18.09%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global single use consumables market size is expected to reach $5.98 billion in 2027 at a CAGR of 17.68%.
Global Single Use Consumables Market Key Driver
The rising prevalence of chronic diseases is likely to boost the expansion of the single-use consumables market. Chronic disease is defined as a health condition or disease with long-term symptoms that last three months or longer and may worsen over time. They require ongoing medical treatment. Single-use consumables are widely employed in the production of medications and medical equipment intended to treat chronic disorders.
Get a sample of the global single use consumables market reportGlobal Single Use Consumables Market Segments
The global single use consumables market is segmented:
1) By Products: Connectors, Valves, Adaptors, Tubing, Disconnectors, Sensors, Disposable Capsule Filter
2) By Application: Sampling, Cell Culture And Mixing, Storage, Filtration, Other Applications
3) By End-User: Biopharmaceutical And Pharmaceutical Companies, Original Equipment Manufacturers (OEMs), Contract Research Organizations And Contract Manufacturing Organizations, Academic And Research Institutes
4) By Geography: The regions covered in the single use consumables market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global single use consumables market.
Major Single Use Consumables Industry Players
Thermo Fisher Scientific Inc., Sartorius AG, Danaher Corp., Merck KGaA, Avantor Inc., Meissner Filtration Products Inc., Boehringer Ingelheim International GmbH, Lonza Group AG, Infors AG, PBS Biotech Inc., Entegris Inc., Kuhner AG, Rentschler Biopharma SE, Compagnie de Saint-Gobain S.A., NewAge Industries Inc., Colder Products Company, Repligen Corporation, Corning Incorporated, Hamilton Company, Broadley James Corporation
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Single Use Consumables Market Overview
Single-use consumables are products that are designed to be used only once and then discarded. They are utilized in a variety of sectors, including healthcare and biopharmaceuticals, to produce monoclonal antibodies, mRNA, and bioconjugates.
Single Use Consumables Global Market Report 2023 provides data on the global single use consumables market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The single use consumables market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.