Market revenue in 2023 | USD 210.5 million |
Market revenue in 2030 | USD 459.6 million |
Growth rate | 11.8% (CAGR from 2023 to 2030) |
Largest segment | Ph sensor |
Fastest growing segment | PH Sensor |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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% in 2023. Horizon Databook has segmented the Canada 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 presence of authorities such as the Public Health Agency of Canada (PHAC), which are involved in providing information on single-use systems, is driving awareness and boosting product adoption in the local market.
Organizations such as BIOTECanada, which is engaged in organizing workshops on Canada’s biotechnology landscape and advancing its development with over 200 members, are driving the growth of the bioprocessing market.
Furthermore, government initiatives and investments in the development of a biopharmaceutical ecosystem are expected to boost market growth in the country. For example, the Government of Canada committed about USD 0.7 billion (CAD 1 billion) funding in budget 2021 for developing life sciences and biomanufacturing firms.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada single-use bioprocessing probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into Canada single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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