The Europe Single-use Mixers Market would witness market growth of 7.6% CAGR during the forecast period (2023-2029).
Due to a sizable population of health-conscious consumers, the pharmaceutical business is growing and developing, which opens up opportunities for the market for single-use mixers. Positive effects on the growth of the market are anticipated from the rise in single-use mixer launches and the increase in single-use mixing system investments by various major players worldwide. To improve manufacturing efficiency, contract manufacturing organizations (CMOs) are increasingly using single-use mixers, which is projected to propel the market for single-use mixers. Due to benefits like reduced time and expense required for cleaning and validating equipment after use, single-use mixing systems are being adopted by many pharmaceutical businesses.
Additionally, the demand for better healthcare services is growing, the government is making major investments to upgrade the healthcare infrastructure, and single-use mixing systems are being developed in emerging economies. These factors are significantly contributing to the growth of the healthcare industry in emerging nations. The rise in single-use technology adoption by life science research & development organizations in the biological area and the rising incidence of chronic diseases are the main factors driving the market's expansion.
The sixth-largest pharmaceutical industry in the UK, dominated by prescription pharmaceuticals, is owned by the National Health Service (NHS) to the extent of more than 98%. It is an open market where most of the world's leading pharmaceutical companies actively participate. Despite the market's slower growth rate, it is still one of the fastest NHS expenditure categories growing. Due to this, the Europe region would see a considerable increase in demand for single-use mixers.
The Germany market dominated the Europe Single-use Mixers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $121.8 Million by 2029. The UK market is experiencing a CAGR of 6.6% during (2023 - 2029). Additionally, The France market would display a CAGR of 8.5% during (2023 - 2029).
Based on Product, the market is segmented into Consumables & Accessories and Mixing Systems. Based on Application, the market is segmented into Research and Development (R&D) & Process Development and Commercial Manufacturing. Based on End User, the market is segmented into Pharmaceutical & Biotechnology, CMOs & CROs and Academic & Research Institutes. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Single-use Mixers Market is Projected to reach USD 2 Billion by 2029, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sartorius AG, Danaher Corporation (Cytiva), Merck & Co., Inc., Thermo Fisher Scientific, Inc., Meissner Filtration Products, Inc., DrM, Dr. Mueller AG, Avantor, Inc., CerCell A/S (Stobbe Pharma GmbH) (Stobbe Group), Agilitech, and Holloway America.
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