Australia Single Use Assemblies Market Size & Outlook
Australia single use assemblies market, 2018-2030 (US$M)
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Australia single use assemblies market highlights
- The Australia single use assemblies market generated a revenue of USD 175.9 million in 2023 and is expected to reach USD 667.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 21% from 2024 to 2030.
- In terms of segment, filtration was the largest revenue generating application in 2023.
- Cell Culture & Mixing is the most lucrative application segment registering the fastest growth during the forecast period.
Single use assemblies market data book summary
| Market revenue in 2023 | USD 175.9 million |
| Market revenue in 2030 | USD 667.5 million |
| Growth rate | 21% (CAGR from 2023 to 2030) |
| Largest segment | Filtration |
| Fastest growing segment | Cell Culture & Mixing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Filtration, Cell Culture & Mixing, Storage, Sampling, Fill-finish Applications, Other Applications |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Sartorius AG, Danaher Corp, Avantor Inc, Lonza Group Ltd, Compagnie de Saint-Gobain SA, Corning Inc, Entegris Inc, Kuhner Shaker |
Other key industry trends
- In terms of revenue, Australia accounted for 1.5% of the global single use assemblies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China single use assemblies market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,928.9 million by 2030.
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Single Use Assemblies Market Scope
Single Use Assemblies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia single use assemblies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to single use assemblies market will help companies and investors design strategic landscapes.
Filtration was the largest segment with a revenue share of 28.88% in 2023. Horizon Databook has segmented the Australia single use assemblies market based on filtration, cell culture & mixing, storage, sampling, fill-finish applications, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Australia’s excellent research facilities, world-class researchers, and a firm but flexible regulatory framework have made it a powerhouse of pharmaceutical and biotechnology innovation. According to the data published by the Australian Trade and Investment Commission, Australia has become a hub for a thriving network of more than 470 biotechnology companies.
The significant presence of established pharmaceutical & biotechnology companies and extensive R&D initiatives being undertaken by them are expected to create high demand for single-use systems in the country.
Single-use assemblies aid in reducing costs associated with complex steps such as maintenance of steel-based bioreactors & accessories, cleaning, and sterilization. The application of single-use assemblies significantly helps in reducing the R&D costs and initial investments involved in the production of biologics.
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Our clientele includes a mix of single use assemblies market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia single use assemblies market , including forecasts for subscribers. This country databook contains high-level insights into Australia single use assemblies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia single use assemblies market size, by application, 2018-2030 (US$M)
Australia Single Use Assemblies Market Outlook Share, 2023 & 2030 (US$M)
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