According to a new report, published by KBV research, The Global Single-use Mixers Market size is expected to reach $2 billion by 2029, rising at a market growth of 8.3% CAGR during the forecast period.
The Mixing Systems segment is showcasing a CAGR of 9% during (2023 - 2029). In the biopharmaceutical company, mixing systems are crucial for R&D applications. They are a desirable option for R&D centers because of things like flexibility, cost-effectiveness, scalability, and low contamination risk. Furthermore, the mixing mechanism removes the need for sterilization and cleaning, which cuts down on the time & resources needed to set up and carry out tests.
The Research and Development (R&D) & Process Development segment is leading the Global Single-use Mixers Market by Application in 2022 thereby, achieving a market value of $1.1 Billion by 2029. This is brought about by the scalability, tractability, affordability, and reproducibility offered by these systems. SUM works particularly well for vaccine development since even minor changes in the experimental setup might greatly impact the final outcome. The advancement of the business's research and development (R&D) & process development segment is driven by the fact that R&D & process development centers are gradually turning to single-use technologies to assist them in carrying out tests quickly and with better precision.
The CMOs & CROs segment has shown the high growth rate of 8.8% during (2023 - 2029). By producing biologics more efficiently and economically, particularly for R&D and clinical trials, Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs) preserve their competitiveness. Single-use technologies are expected to grow in demand due to their various advantages for CMOs and CROs, such as increased flexibility, quicker turnaround times, and lower capital costs.
The North America segment dominated the Global Single-use Mixers Market by Region in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $695.4 million by 2029. The Europe market is experiencing a CAGR of 7.6% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 9.2% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/single-use-mixers-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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