Market revenue in 2023 | USD 365.8 million |
Market revenue in 2030 | USD 948.3 million |
Growth rate | 14.6% (CAGR from 2023 to 2030) |
Largest segment | Simple & peripheral elements |
Fastest growing segment | Simple & Peripheral Elements |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Simple & Peripheral Elements, Apparatus & Plants, Work Equipment |
Key market players worldwide | Sartorius AG, Danaher Corp, Thermo Fisher Scientific Inc, Merck KGaA, Avantor Inc, Eppendorf, Corning Inc, Lonza Group Ltd, PBS Biotech, Meissner |
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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 bioprocessing market will help companies and investors design strategic landscapes.
Simple & peripheral elements was the largest segment with a revenue share of 49.48% in 2023. Horizon Databook has segmented the South Africa single-use bioprocessing market based on simple & peripheral elements, apparatus & plants, work equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Slow economic growth, as well as development of healthcare system in the region, has contributed to the low market penetration in this region.
For example, at the end of 2021, South Africa-based Aspen Pharmacare struck a deal for the production of COVID-19 vaccines with Johnson & Johnson. however, the executives of Aspen reported that they have not received orders, putting the future of its vaccine plant in question.
Owing to the increase in worldwide demand for biologics, coupled with presence of target population in this region, single-use technology market of South Africa is expected to witness considerable growth in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa single-use bioprocessing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa single-use bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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