China Single-use Bioprocessing Probes And Sensors Market Size & Outlook
China single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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China single-use bioprocessing probes and sensors market highlights
- The China single-use bioprocessing probes and sensors market generated a revenue of USD 140.6 million in 2023 and is expected to reach USD 331.5 million by 2030.
- The China market is expected to grow at a CAGR of 13% 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 2023 | USD 140.6 million |
| Market revenue in 2030 | USD 331.5 million |
| Growth rate | 13% (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 |
Other key industry trends
- In terms of revenue, China accounted for 4.6% 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 Asia Pacific, China single-use bioprocessing probes and sensors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 260.0 million by 2030.
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Single-use Bioprocessing Probes And Sensors Market Scope
Single-use Bioprocessing Probes And Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 20.13% in 2023. Horizon Databook has segmented the China 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.
Expansion of the biopharmaceuticals market is driving the market in China. Several international companies have expanded their manufacturing footprint in this region by undergoing mutually beneficial partnerships with China-based entities.
For instance, in April 2022, Merck entered into a partnership with the Administrative Management Committee of Wuxi National. This partnership can result in the development of the first single-use manufacturing center by Merck in Asia Pacific.
The increasing maturity of the country’s technical experience is evident in the accelerated adoption of recombinant proteins, mammalian cell culture platforms, as well as mAbs. Moreover, the primary focus of the country is on the development of affordable biosimilar of western novel biotherapeutics for its domestic market, which is anticipated to positively influence market growth in the coming years.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China single-use bioprocessing probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into China single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)
China Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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