[FURL=https://www.industryarc.com/Research/Single-use-Filtration-Assemblies-Market-Research-508486?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Single- Use Filtration Assemblies market[/FURL] size is forecast to reach $2.3 billion by 2026, growing at a CAGR of 15.9% during the forecast period 2021-2026. Single - use filtration assemblies are used as an alternative to the traditional stainless steel systems owing to the fact that they eradicate the chances of contamination by associated validation protocols and conducting sterilization steps. Each system is made using reinforced hose and welding applications requirements. The preference for single use filtration assembly has increased with the increase in the emphasis on maintaining a sterile condition. Single-use filtration assemblies are used by various biopharmaceutical companies for final and bulk fill operations.Key Takeaways
North America dominated the Single-Use Filtration Assemblies Market in 2020 owing to the increasing usage of biotherapeutics and increasing healthcare infrastructure. The Single-Use Filtration Assemblies Market scope for different regions will be provided in the final report.
The robustness of venture capital investments and increasing availability of venture funds for life sciences along with the adoption of disposable filtering units among biopharmaceuticals developers are likely to aid the market growth of the Single-Use Filtration Market report.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Single-Use Filtration Assemblies Market report.
Issues related to reachable and extractives is poised to create the hurdles for the Single –Use Filtration Assemblies Market.
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Single-Use Filtration Assemblies Market Segment Analysis – By Geography
North America dominated the Single-Use Filtration Assemblies Market with a major share of 37.3% in 2020. This is attributed to the presence of well-established biopharmaceutical industry and low risk of contamination. Low implementation costs, increasing adoption in biopharmaceutical companies, and increasing research & development is set to increase the growth of Single-Use Filtration Assemblies Market in this region.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the lower labour and operating costs. Increasing usage of biotherapeutics over chemical entities is also increasing the growth of the market in this region.
Single-Use Filtration Assemblies Market Drivers
Increasing Adoption of Disposable Filtering Units Among Biopharmaceuticals Developers
Technological Advancements
Single-Use Filtration Assemblies Market Landscape
The Single-Use Filtration Assemblies Market, top 10 companies are Danaher, GE Healthcare, Thermo Fisher Scientific, Sartorius Stedim Biotech, and Merck Millipore among others.
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