Market Growth Over Time: 2024-2029

Year2023
Market Size (in Billion USD)$5.8 (Base Year)
Growth (Year-over-Year)-
Key MilestonesEstablishing baseline for the forecast period.
Year2024
Market Size (in Billion USD)$6.50
Growth (Year-over-Year)+12.1%
Key MilestonesIncreasing adoption of single-use systems.
Year2025
Market Size (in Billion USD)$7.26
Growth (Year-over-Year)+11.7%
Key MilestonesGrowth driven by personalized medicine and mAbs.
Year2026
Market Size (in Billion USD)$8.11
Growth (Year-over-Year)+11.7%
Key MilestonesExpansion in Asia-Pacific and continuous innovation.
Year2027
Market Size (in Billion USD)$9.05
Growth (Year-over-Year)+11.6%
Key MilestonesSteady flow of new products in the market.
Year2028
Market Size (in Billion USD)$10.10
Growth (Year-over-Year)+11.6%
Key MilestonesEnhanced automation and adoption of closed systems.
Year2029
Market Size (in Billion USD)$11.20
Growth (Year-over-Year)+11.5%
Key MilestonesMarket reaches forecast peak, driven by sustained demand.
Table with 4 columns and 7 rows.
2023$5.8 (Base Year)-Establishing baseline for the forecast period.
2024$6.50 +12.1%Increasing adoption of single-use systems.
2025$7.26 +11.7%Growth driven by personalized medicine and mAbs.
2026$8.11 +11.7%Expansion in Asia-Pacific and continuous innovation.
2027$9.05 +11.6%Steady flow of new products in the market.
2028$10.10 +11.6%Enhanced automation and adoption of closed systems.
2029$11.20 +11.5%Market reaches forecast peak, driven by sustained demand.