UK Single-use Bioprocessing Probes And Sensors Market Size & Outlook
UK single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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UK single-use bioprocessing probes and sensors market highlights
- The UK single-use bioprocessing probes and sensors market generated a revenue of USD 151.0 million in 2023 and is expected to reach USD 347.9 million by 2030.
- The UK market is expected to grow at a CAGR of 12.7% 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 151.0 million |
| Market revenue in 2030 | USD 347.9 million |
| Growth rate | 12.7% (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, UK accounted for 5.0% 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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UK 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 UK 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 UK holds a notable share of the single-use bioprocessing market in Europe. The regional market’s overall growth trajectory is positive as the government is investing funds to assist local players and create a competitive advantage against international players.
For example, in December 2020 the UK government in response to the global manufacturing crisis during the COVID-19 pandemic funded around USD 270 million via VTF (Vaccine Taskforce). This funding allowed the establishment of the Vaccine Manufacturing and Innovation Centre (VMIC), west of London, to offer single-use bioreactors for vaccine manufacturing.
With the UK being one of the leading European countries for manufacturing advanced therapies, it has resulted in lucrative opportunities for the single-use bioprocessing market in the country. Similarly, in March 2022, the UK government announced a USD 339 million investment to boost life science & healthcare research and their manufacturing expansion.
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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 UK single-use bioprocessing probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into UK single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)
UK Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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