Report finds growing appetite for single-use technologies in the global biologic market

posted by Phill Allen

March, 30th, 2016

Company News Pharmaceutical Industry News

New data from Persistence Market Research, a full-service market intelligence firm, has found that ‘single-use’ products are growing in popularity – a trend which looks set to continue into the next decade.
Report finds growing appetite for single-use technologies in the global biologic market
In its ‘Single-Use Technologies for the Biologic Market: Global Industry Analysis and Forecast 2015 to 2021’, PMR found that due to the reduced risk of contamination provided during development and production in the biopharmaceutical industry, single-use products have revolutionised the field of bioproduction.
Following increased awareness of biotherapeutics, and growing demand for biologics and advancements in medical technology, the global single-use technologies market is booming.
Led by the USA, Canada, Germany, France and the UK, who all hold major shares of the single-use technologies market, Asia too is expected to experience high growth rates over the next five years due to demand in India, China and Japan.
Made from a variety of plastics (including polyamide, polyethylene, polycarbonate, polyethersulfone, polypropylene, polyvinyl chloride, polytetrafluorethylene, cellulose acetate, and ethylene vinyl acetate), single-use technologies are helping biotech businesses to reduce manufacturing and maintenance costs, while shifting the industry’s approach to the development and production of bioproducts.
To find out more, download the full report here: 

TAGS: Persistence Market Research, Single-use,

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Author

Phill Allen

Managing Director

An in and outside the (bioprocess) box thinker, fluid management specialist Phill knows a thing or two about keeping pharma liquid logistics flowing.

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