Canada Single-use Bioprocessing Probes And Sensors Market Size & Outlook

The single-use bioprocessing probes and sensors market in Canada is expected to reach a projected revenue of US$ 459.6 million by 2030. A compound annual growth rate of 11.8% is expected of Canada single-use bioprocessing probes and sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$210.5
Forecast, 2030 (US$M)
$459.6
CAGR, 2024 - 2030
11.8%
Report Coverage
Canada

Canada single-use bioprocessing probes and sensors market, 2018-2030 (US$M)

Canada

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Canada single-use bioprocessing probes and sensors market highlights

  • The Canada single-use bioprocessing probes and sensors market generated a revenue of USD 210.5 million in 2023 and is expected to reach USD 459.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.8% 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.


Single-use bioprocessing probes and sensors market data book summary

Market revenue in 2023USD 210.5 million
Market revenue in 2030USD 459.6 million
Growth rate11.8% (CAGR from 2023 to 2030)
Largest segmentPh sensor
Fastest growing segmentPH Sensor
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPH Sensor, Oxygen Sensors, Pressure Sensors, Temperature Sensors, Conductivity Sensors, Flow Meter & Sensors, Other Sensors
Key market players worldwideThermo 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, Canada accounted for 6.9% of the global single-use bioprocessing probes and sensors market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. single-use bioprocessing probes and sensors market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 459.6 million by 2030.

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Single-use Bioprocessing Probes And Sensors Market Companies

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Canada 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% 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. 

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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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Canada single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)

Canada Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)

Canada single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)

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