Market Trends of Single-use Bioprocessing Industry
Biopharmaceutical Manufacturer Segment is Expected to Witness Significant Growth Over the Forecast Period
The biopharmaceutical segment is expected to grow significantly in the single-use bioprocessing market over the forecast period. It is due to the rising adoption of single-use technologies and systems, increasing demand for biologics, and growing company activities. In addition, some of the advantages offered by single-use technologies and products, such as reduced initial investment and research and development costs, low labor and material costs, and easy disposal over conventional bioprocessing methods, are also increasing their adoption across the biopharmaceutical industry. Additionally, these single-use bioprocessing plants produce a 35% more favorable carbon dioxide (CO2) balance than stainless steel reactors used in conventional bioprocessing and are highly adopted by the manufacturer.
The rising number of biologics approvals is also contributing to the increased demand for single-use bioreactors and technologies. For instance, in February 2023, the United States FDA approved Bioverativ Therapeutics's ALTUVIIIO, a first-in-class, high-sustained factor VIII replacement therapy. It is indicated for routine prophylaxis, on-demand treatment to control bleeding episodes, and perioperative management (surgery) for adults and children with hemophilia A. Also, in January 2022, Moderna, Inc., a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, received approval for the Biologics License Application for SPIKEVAX (COVID-19 Vaccine, mRNA) from the FDA to prevent COVID-19 in individuals 18 years of age and older.
Furthermore, the companies' rising focus on adopting key strategies such as collaborations, new product launches, and other initiatives are also expected to fuel the segment growth. For instance, in May 2022, ILC Dover LP launched liquid single-use bioprocessing bags to handle and supply sterile liquids for the biotherapeutics market. Also, the companies are opening up single-use bioprocessing plants to expand their protein, cell line, and process development services. For instance, in April 2022, Thermo Fisher Scientific opened a 55,000 sq ft single-use technology (SUT) facility in Ogden. It is to increase the production of single-use bioprocess containers for developing vaccines and therapies. The plant provides additional capacity to produce various techniques and materials needed to develop emerging vaccines and breakthrough therapies. The facility manufactures customizable bioprocess container (BPC) systems for the delivery, processing, separation, storage, and transportation of liquids. Also, in February 2021, WuXi Biologics MFG5 Drug Substance (DS) manufacturing facility in China launched a GMP operation with a capacity of 36,000 l, deploying nine 4,000 l single-use bioreactors. This launch increased the company's current capacity to 90,000 l.
Therefore, the studied segment is expected to grow significantly over the forecast period due to the above factors.
North America is Expected to Hold the Significant Market Share Over the Forecast Period
North America is expected to hold a significant market share over the forecast period. It is due to increasing research and development spending, large manufacturing unit presence, the growing popularity of disposables, increasing healthcare expenditure, and well-established healthcare infrastructure presence.
The government is investing enormously in developing biopharmaceutical products, which is expected to drive the market for single-use bioreactors, containers, media, filtration assemblies, and others, propelling the market growth. For instance, according to the data published by the Government of Canada in July 2021, it was observed that the Canadian government invested more than USD 1.2 billion to reestablish national vaccination, therapeutic, and biomanufacturing capacity. In addition, the Honourable François-Philippe Champagne, Minister of Innovation, Science, and Industry, and the Honourable Patty Hajdu, Minister of Health, launched the Biomanufacturing and Life Sciences Strategy. Over seven years, more than USD 2.2 billion was invested to continue growing a robust and competitive sector for facing future pandemics.
Furthermore, the rising company activities in establishing single-use bioprocessing plants and launching new products such as bioreactors, filtration assemblies, and other consumables are also contributing to the market growth in the region. For instance, in May 2022, ILC Dover Lp launched liquid single-use bioprocessing bags for handling and supplying sterile liquids for the biotherapeutics market. This launch assists the company in setting across the entire biotherapeutic and pharmaceutical manufacturing workflow, from powder containment and handling through sterile liquid handling and pre-filled liquid and powder bags. Also, in November 2021, Bionova opened a USD 25 million single-use plant in Fremont, California. The plant is equipped with a 1,000 l Cytiva XDR upstream train. Similarly, in October 2021, Agilitech launched an Agilitech bioreactor controller that simultaneously controls up to two single-use bioreactors from 30 l up to 2000 l. The design of the product allows for integration with any brand single-use bioreactor.
Therefore, owing to the factors above, the studied market is expected to grow significantly in the region over the forecast period.