Single-use Bioprocessing Systems Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 The highly consolidated single-use bioprocessing market is dominated by Thermo Fisher Scientific, Satorius AG, Merck KGaA, Pall Corporation, and GE Healthcare. Cumulatively, these companies accounted for a whopping 95.2% share in 2015, signaling the concentrated nature of the market by large and established players. Transparency Market Research notes that the threat of new entrants in the single-use bioprocessing systems market is moderate owing to the fact that existing players possess brand identity and have unique proprietary product offerings. Nevertheless, the degree of competition is expected to remain moderate to high in the market over the course of the forecast period. Transparency Market Research estimates that the global singleuse bioprocessing systems market will rise from a value of US$2.3 bn in 2015 to US$5.9 bn by 2024, expanding at a robust CAGR of 11.1% over the forecast period. Robust Growth of Bioprocessing Bags Segment Attributed to Frequent and Recurring Purchases
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