Asia Pacific Single-use Bioprocessing Probes And Sensors Market Size & Outlook
Asia Pacific single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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Asia Pacific single-use bioprocessing probes and sensors market highlights
- The Asia Pacific single-use bioprocessing probes and sensors market generated a revenue of USD 561.8 million in 2023.
- The market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, ph sensor was the largest revenue generating type in 2023.
- PH Sensor is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 561.8 million |
| Market revenue in 2030 | USD 1,297.7 million |
| Growth rate | 12.7% (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 |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Alphabet Inc Class C, Booz Allen Hamilton Holding Corp Class A, Compagnie de Saint-Gobain SA, Parker Hannifin Corp, Dover Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.5% of the global single-use bioprocessing probes and sensors market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,297.7 million by 2030.
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Single-use Bioprocessing Probes And Sensors Market Scope
Single-use Bioprocessing Probes And Sensors Market Companies
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Asia Pacific single-use bioprocessing probes and sensors 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 bioprocessing probes and sensors market will help companies and investors design strategic landscapes.
Ph sensor was the largest segment with a revenue share of 20.26% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific countries contribute to two-thirds of the world’s population and certain countries have a large geriatric population. The region is anticipated to witness fastest growth in bioprocessing industry in the coming years.
This can be attributed to factors such as the prevalence of chronic diseases, supportive government regulations, development of APAC economies, and increased domestic demand for biologics. The presence of several government initiatives for immunization has led APAC manufacturers to focus on vaccine development and facilitate faster market entry.
In addition, the growing demand for biologics due to improved safety and efficacy has fueled the research & development of biosimilar Monoclonal Antibodies (mAbs) in the region. The faster market entry of biotherapeutics and vaccines by the manufacturing entities is achieved by implementing disposable systems.
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Target buyers of Asia Pacific single-use bioprocessing probes and sensors market databook
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Our clientele includes a mix of single-use bioprocessing probes and sensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific single-use bioprocessing probes and sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific single-use bioprocessing probes and sensors market size, by country, 2018-2030 (US$M)
Asia Pacific Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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