During our research, we identified 31 pre-installed single-use sensors developed by various companies for bioprocessing.
The current market landscape is predominantly characterized by the presence of large (38%) and small (37%) players. Notable examples of large players in this domain include (in alphabetical order) Cytiva Life Sciences (US), Hamilton (US) and Pall (US).
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Majority of the pre-installed single-use sensor systems are designed for both, research and biomanufacturing purposes. This is followed by those designed for only research purposes. Notable examples of products which are developed for both research and biomanufacturing applications, include (arranged alphabetically) ÄKTA ready XL sensor technology (Cytiva Life Sciences), Allegro™ MVP Single-Use System (Pall Corporation) and FUTURA pico (Aber Instruments).
Single-use Sensors for Bioprocessing Market: Current and Future Market Opportunities Across Key Market Segments
In order to account for the uncertainties associated with the evolution of this market, we have presented three different scenarios of the anticipated growth:
§ Conservative Scenario: This represents a pessimistic view of the market’s future growth.
§ Base Scenario: This represents our estimates on the most likely evolution of the market.
§ Optimistic Scenario: This is a bullish scenario, wherein we have been aggressive in terms of the level of adoption of single-use sensors.
Further, the forecasted opportunity was analyzed and segregated across type of sensors (conductivity, dissolved oxygen, flow, pH, pressure, and temperature), types of bioprocessing systems (downstream and upstream bioprocessing) and key geographical regions (North America, Europe, Asia-Pacific and Rest of the World).
Our estimates suggest that, in 2021, the market is expected to be worth USD 0.28 billion, and this value is projected to be USD 1.92 billion by 2035, growing at an annualized rate (CAGR) of 14.9%.
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Ben Johnson
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ben.johnson@rootsanalysis.com
Roots Analysis
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