Single Use Technology - Procurement Intelligence
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Procurement Market Intelligence Report

Single Use Technology – Procurement Best Practices & Sourcing Strategies

Single Use Technology Market – Category Definition, Cost Analysis, Price Forecast, Cost-Saving Opportunities, Negotiation Levers, Procurement-Centric Five Forces Analysis, Key Suppliers, RFP Builder, Sustainability, Innovation Updates, Technology Updates

1. Category Definition
1.1. Types of SUT
2. Cost Analysis
2.1. Comparison of Stainless-Steel vs. SUT
3. Price Forecast
3.1. Price Forecast Impacting SUT Market
4. Cost-Saving Opportunities
4.1. Key Factors Influencing Cost Savings
5. Negotiation Levers
5.1. Key Trends
6. Procurement-Centric Five Forces Analysis
6.1. Porter’s Analysis for SUT Market
7. Key Suppliers
7.1. Key SUT Suppliers
8. RFP Builder
8.1. RFP Builder for SUT
9. Sustainability
9.1. Sustainability for SUT
10. Innovation Updates
10.1. Innovation Trends in SUT
11. Technology Updates
11.1. Technology Trends in SUT

FAQs Related to the Single-Use Technology​ Market:

  1. What is the geographical outlook of the global single-use technology market?

Leading regions of the single-use technology industry are North America, Europe, Asia-Pacific, Latin America, Middle East and North Africa.

 

  1. How to segment the global single-use technology market?

The market can be segmented depending on factors like products, scale of operations, components, applications, end users, and geography.

 

  1. What drives the single-use technology market?

The development of single-use disposable solutions by several worldwide companies is aiding the market expansion.

DESCRIPTION

Single Use Technology Market Global Size:

According to this procurement intelligence analysis, the key factors anticipated to propel the global single-use technology market across the forecast period include the growing popularity of recyclables in the bioprocessing sector as single-use technology demands reduced investment expenses and construction times for facilities. Thus, the global size for the single-use systems industry is evaluated at US$ 5 Bn in 2021 which is expected to rise at a CAGR of 14.4% and acquire US$ 22.2 Bn worth by 2032. Further, single-use technology solutions have emerged as a crucial strategy to achieve productivity and operation efficiency. Worldwide companies employ this method, particularly during the biomanufacturing phase to execute the manufacturing of pre-commercial biopharmaceuticals.

 

ELINT Market Research predicted that constant opportunities are occurring in this industry for products and service providers. Hence, the main factor accounted for propelling a one-time use bioprocess solutions domain is the abundance of suppliers offering eco-friendly disposable products for biopharmaceutical and other industrial uses. The reason behind this is that during the utilization of traditional bioprocessing systems, various disadvantages have been detected. Also, the introduction of automation in the biological processes industry can be considered as another significant trend that substantially improves the productivity of the manufacturing of biological products. Consumers are adopting statistical techniques depending on advances like big data and machine learning which can increase the output of products by allowing predictions and process variables.

Market Definition:

In recent years, biological and single-use technology products have become increasingly popular because of their excellent security characteristics, clinical efficacy, and capacity for managing a wide range of medical symptoms that are otherwise difficult to treat. The stakeholders operating in this industry have been forced to modernize their conventional biologics production methods due to the emerging innovations’ rapid success. Various single-use solutions, for example, mixers and bioreactors are continuously embraced by businesses and replacing conventional stainless-steel machinery due to the increased need for efficiency and adaptability. Also, these one-time-utilization tools have gained recognition quickly and are now a valuable resource for the advancement of numerous biotechnological procedures.

Single-Use Technology​ Market Drivers:

  1. COVID 19 Outbreak –

Single-use technology is becoming more prevalent in the biopharmaceutical business as a result of the COVID-19 epidemic outbreak. These single-usage bioprocessing methods minimize the carbon footprint while also saving money on cleaning during the manufacturing phase. Furthermore, disposable bioprocessing methods have the ability to alleviate several issues related to conventional bioprocessing platforms and provide a host of extra advantages, including the reduced level of energy and water consumption, lowered upfront costs, rapid biologics processes, declined threat of contamination between items, and rising profitability.

 

  1. Introduction of Convenient Types of Single-Use Technologies –

Disposable upward bioprocessing innovations and gadgets, including reusable bioreactors, blenders, filters, media outlet carriers, vessel sampling structures, and connectors. These innovations are developed and produced by several bioprocessing businesses operating in the global single-use technology procurement intelligence market.

Single-Use Technology​ Market Challenges:

  1. Risk of Extractable and Leachable –

Extractables are chemicals that come from single-use materials under intense circumstances and leachable chemicals can relocate into the product during normal warehouse conditions. Thus, strict evaluation and verification procedures are required for companies because of the possibility of extractable and leachable pollution, and these procedures can be expensive and time-consuming.

 

  1. Inconsistency of Resins –

Resins’ physical and chemical qualities can vary because of variations in their production methods or sources of raw materials. As resins are the foundation material of numerous single-use products, this irregularity can affect the dependability and protection of single-use solutions by causing unforeseen functionality and quality problems.

Single-Use Technology​ Market Opportunities:

  1. Convenient Features –

Several organizations operating in the international market are concentrating on adding convenient features to their exclusive single-use technology solutions, such as sophisticated security measures, touch screens, integrated frameworks, procedure sensors, digital process logs, and regulations for alerts and warnings.

 

  1. Constant R&D Activites –

Constant research and development activities on sustainability and other technical advancements drive significant growth opportunities for the global single-use technology market.

 

Single-Use Technology​ Market Segmentation:

  1. Types of Products –

Prominent types of single-use technology solutions include mixers, bioreactors, media bags, sampling systems, filters, connectors, and more.

 

  1. Different Scale of Operations –

Preclinical and clinical or commercial are two major scales of operations in the global single-use technology procurement market.

Price Forecast in the Single-Use Technology​ Market:

This procurement analysis anticipated that generally short-term raw material supply will remain stable, on which single-use technology​ products depend. It is required for consumers to consider this when negotiating costs with suppliers for single-use goods to provide better offers and savings. Moreover, some of the primary components of single-use technology that encountered price fluctuations in recent years are explained in the report. The polycarbonate prices witnessed an uptrend of 0.8 percent in M-o-M (month-over-month) sales on April 23 along with an increase in feedstock phenol prices. Further, automotive component demand and production are expected to enhance at a slower pace in North America. Also, it is observed that automotive sales in the U.S. have expanded on April 23 on a Y-o-Y (year over year) basis.

 

Moreover, when it comes to polypropylene, the feedstock propylene prices are projected to witness a slight decrease due to a stable trend in the medium term during H1 2023. As the U.S. GDP is expected to witness negative growth, consequently, PP prices are expected to witness a marginal decline to a stable trend in the medium term, as compared to the short-term levels. Lastly, the labor component comprises easing wage growth, lower job gains in the goods sector, economic slowdown outlook, owing to fed rate hikes and declining global demand that could impact profit margins.

Key Suppliers in the Single-Use Technology​ Market:

Key single-use technology market procurement intelligence companies include Sartorius ​,

Merck Millipore​, Danaher Pall​, Thermo Fisher​, and Single Use Support GmbH​.

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