Italy Single-use Bioprocessing Probes And Sensors Market Size & Outlook
Italy single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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Italy single-use bioprocessing probes and sensors market highlights
- The Italy single-use bioprocessing probes and sensors market generated a revenue of USD 92.4 million in 2023 and is expected to reach USD 200.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 11.7% 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.
Single-use bioprocessing probes and sensors market data book summary
| Market revenue in 2023 | USD 92.4 million |
| Market revenue in 2030 | USD 200.5 million |
| Growth rate | 11.7% (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, Italy accounted for 3.0% 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 Europe, Germany single-use bioprocessing probes and sensors market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 347.9 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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Italy 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 20.24% in 2023. Horizon Databook has segmented the Italy 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.
Increasing demand and continuous development of biosimilars & biopharmaceuticals is boosting the implementation of single-use bioprocessing technologies in Italy. Italy is one of the largest end-user markets for single-use bioprocessing.
For instance, Catalent Biologics announced a USD 100 million multi-phase investment plan for the Anagni, Italy facility in July 2021. The CDMO has installed two single-use bioreactors of 2,000L each, in the first phase and is planning to house a further six 2,000L single-use bioreactors in the facility.
This facility was completely acquired from Bristol Myers Squibb in 2020 with an aim to increase the manufacturing of biologics in Europe. Hence, such developments in the country are making it a cash-generating market for single-use bioprocessing and driving the market.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy single-use bioprocessing probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into Italy single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)
Italy Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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