Market revenue in 2023 | USD 3,042.2 million |
Market revenue in 2030 | USD 6,670.3 million |
Growth rate | 11.9% (CAGR from 2023 to 2030) |
Largest segment | Ph sensor |
Fastest growing segment | PH Sensor |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | PH Sensor, Oxygen Sensors, Pressure Sensors, Temperature Sensors, Conductivity Sensors, Flow Meter & Sensors, Other Sensors |
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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 probes and sensors market will help companies and investors design strategic landscapes.
ph sensor was the largest segment with a revenue share of 20.13% in 2023. Horizon Databook has segmented the Global single-use bioprocessing probes and sensors market based on ph sensor, oxygen sensors, pressure sensors, temperature sensors, conductivity sensors, flow meter & sensors, other sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The biopharmaceutical industry is witnessing the increased use of single-use technology to produce biologics, biosimilars, and other biopharmaceutical products. As the pressure to reduce manufacturing costs is increasing, manufacturers are being receptive to the implementation of single-use equipment in their production workflow. These single-use equipment provide benefits such as enhanced flexibility with speedy development and marketing of biopharmaceutical products.
Owing to these benefits, biopharmaceutical manufacturers are switching to the implementation of single-use technology to meet the changing demands for biopharmaceutical products. These manufacturers benefit from reduced overall contamination rates, lower costs, and improved production efficiency.
In addition to this, single-use technology allows continuous manufacturing and significantly reduces the production turnaround time. As single-use equipment requires suitable single-use sensors for the accurate measurement of crucial parameters, the demand for such disposable/single-use sensors is anticipated to witness lucrative growth soon. Thus, the expansion of the single-use bioprocessing market is likely to drive the market for single-use probes and sensors during the forecast period.
Horizon Databook provides a detailed overview of global-level data and insights on the Global single-use bioprocessing probes and sensors market , including forecasts for subscribers. This global databook contains high-level insights into Global single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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