South Africa Single-use Bioprocessing Probes And Sensors Market Size & Outlook
South Africa single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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South Africa single-use bioprocessing probes and sensors market highlights
- The South Africa single-use bioprocessing probes and sensors market generated a revenue of USD 36.1 million in 2023 and is expected to reach USD 90.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.9% 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 36.1 million |
| Market revenue in 2030 | USD 90.0 million |
| Growth rate | 13.9% (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, South Africa accounted for 1.2% 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 Middle East & Africa, South Africa single-use bioprocessing probes and sensors market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 90.0 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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South Africa 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 20.22% in 2023. Horizon Databook has segmented the South Africa 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.
Slow economic growth, as well as the development of healthcare system in the region, has contributed to the low market penetration in this region. For example, at the end of 2021, South Africa-based Aspen Pharmacare struck a deal for the production of COVID-19 vaccines with Johnson & Johnson.
However, the executives of Aspen reported that they have not received orders, putting the future of its vaccine plant in question. Owing to the increase in worldwide demand for biologics, coupled with presence of target population in this region, single-use technology market of South Africa is expected to witness considerable 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa single-use bioprocessing probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into South Africa single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)
South Africa Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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