Bioprocess Containers Market
Bioprocess containers are flexible and ready to use containers that are generally used to handle sterile liquid during the manufacturing processes in various life sciences and biopharmaceutical companies. These containers are used as substituted to stainless steel containers as they are cost-efficient. In their latest analysis on the global bioprocess containers market, Market Research Future (MRFR) has signified that the market is expected to witness substantial growth over the forecast period.
The global Bioprocess Containers Market Share is anticipated to register a CAGR of 13.8% over the forecast period.
Various factors are contributing to the ascension of global bioprocess containers. The containers have a low risk of cross-contamination because of which demand for them is hitting the roof. Such fast-paced growth in the demand from various biologics is expected to drive higher demand over the forecast period. Further, the emergence of the biopharma industry in several developing countries across the globe is pushing sizeable growth in the global bioprocess containers market. At the same time, it is also estimated to create many expansion opportunities for the vendors prevalent in the global bioprocess containers market.
Major Key Players:
Some of the Key Market Players are GE Healthcare (US), Merck KGaA (Germany), Thermo Fisher Scientific (US), Sartorius (Germany), Danaher Corporation (US), Lonza (Switzerland), Fenner PLC (UK), Rim Bio (US), Fluids Control (Argentina), and Meissner (US).
The Global Bioprocess Containers Market Outlook by type, application, and end user.
Based on type, the market is segmented into 2D container, 3D container, cleanroom container and accessories. The 2D container segment is expected to account for the largest share segment of the global market in 2017.
Based on application, the market is segmented into production process, upstream process, and downstream process.
Based on end user, the market segmented into pharmaceutical companies, biotechnology companies, and other end users.
The global bioprocess containers market is studied for various regional segments to provide a detailed and specific market analysis. These regional segments include the Americas, Europe, Asia Pacific, and the Middle East Africa. The Americas are further segmented into North America and South America. The Americas are likely to spearhead the global bioprocess containers market over the assessment period. This can be attributed to the existence of many well-established players in the global bioprocess containers market. Further, the rising demand for biological products in the region is encouraging fast-paced growth in the region’s bioprocess containers market. Moreover, North America’s healthcare sector is witnessing proliferated growth during the forecast period. Growing prevalence of diseases is leading to a rise in the demand for new and improved procedures. This, in turn, has promoted growth in the life sciences technologies, boosting the growth of the bioprocess containers market in the region.
Asia Pacific is estimated to garner the highest amount of growth in the bioprocess containers market over the forecast period. Rising awareness of sustainable solutions and increasing inclination towards eco-friendly alternatives has led to augmented activities in the biopharmaceutical industry. The use of biological sources in the production of biopharmaceuticals drugs has led to a higher positive shift from consumers towards biologic drugs. Such a shift is upscaling the demand for bioprocess containers in the APAC region.
The Middle East Africa (MEA) is expected to garner the smallest share of the global bioprocess containers market. This can be attributed to the poor healthcare infrastructure prevalent in the region.
About Market Research Future
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