Single Use Consumables Market Analysis: Growth Drivers and Opportunities
The global single use consumables market is projected to reach USD 4.7 billion by 2027 from USD 2.2 billion in 2022, at a CAGR of 16.6% during the forecast period. Rising adoption of single use bioprocessing over traditional stainless methods is rising the demand for single use consumables across the globe. Additionally, the use of single-use consumables increases the productivity of manufacturing processes due to reductions in the cost and complexity of automation. These factors are expected to propel the market growth in coming years.
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Single-use
consumables market is competitive in nature, several market players are
implementing strategies to sustain market competition. The companies
offer various products such as connectors, disconnectors, tubing and
others for single use. Prominent players in the global single-use
consumables market are Thermo Fisher Scientific, Inc. (US), Sartorius
Stedim Biotech (France), Danaher Corporation (US), Merck KGaA (Germany),
Avantor Inc. (US), and among others.
Thermo Fisher Scientific, Inc. (US)
Thermo
Fisher Scientific is one of the leading providers of medical equipment,
analytical instruments, reagents & consumables, software, and
services. The company’s focus on launching new and innovative products
and technologies to back its existing product portfolio makes it a
leading player in this market. The company also focuses on expanding its
geographic footprint and increasing its global manufacturing capacity
of single-use technologies.
DANAHER CORPORATION (US)
Danaher
Corporation designs, manufactures, and markets professional, medical,
industrial, and commercial products and services. Danaher Corporation
operates in the single-use consumables market through Cytiva.
Additionally, Pall Corporation, a Danaher company, provides single-use
consumables through its biotech segment. It offers connectors,
disconnectors, and other consumables in this market. Danaher’s focus on
expanding its geographic footprint to increase its manufacturing
capacity and extend its product portfolio makes it a leading player in
the market. The company’s wide presence worldwide has also played an
important role in securing its position in the market. To maintain its
leading position and enhance its market share, the company mainly
focuses on exceeding customer expectations by maintaining the quality of
its services and quickly & efficiently adapting to new conditions.
Driver: Lower operational cost and increased productivity
Single-use
technologies help biopharmaceutical companies increase their
productivity. Traditionally, complex steps like the cleaning (CIP) and
sterilization (SIP) of products were mandatory to avoid
cross-contamination, thus resulting in increased costs for
manufacturers. However, with the help of single-use technologies, these
steps have been eliminated. One of the major advantages of single-use
technologies in pilot and full-scale manufacturing is the direct savings
in terms of labor and material costs. Single-use consumables reduce
initial investments and R&D costs. Compared to traditional
stainless-steel facilities, facilities using single-use systems require
40% lower initial investments. Thus, the lower operational costs and
increased productivity are expected to propel the use of single-use
consumables such as tubes, connectors, and disconnectors, among other
consumables, in the coming years.
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Opportunity: Emerging Countries
The
market is witnessing growth in emerging countries such as China, India,
South Korea, Singapore, Vietnam, Japan, and Brazil. These markets have
huge development potential for providers who are unable to adhere to the
strict regulatory standards in the US and EU as they lack appropriate
standards and governmental laws. In the Asian region, China and India
are the two countries with the highest potential markets for single-use
consumables. As of April 2022, Merck and the Administrative Management
Committee of Wuxi National High-Tech Industrial Development Zone entered
into an agreement to significantly expand Merck’s first Asia Pacific
Mobius Single-Use manufacturing center in China. Merck plans to invest
USD 110 million over six years by expanding its existing Wuxi production
site to significantly increase its biopharma single-use assemblies and
custom design capabilities.
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