If you are new to TikTikTalk ? Your first verification mail might be in your spam folder.Check there and move it to your inbox to complete registration or account verification process..
Gesponsert
sociofans

Bioprocess Containers Market worth $9.6 Billion

0
2KB

According to a new report by MarketsandMarkets, the global bioprocess containers market size is projected to reach USD 9.6 billion by 2026, growing at a compound annual growth rate (CAGR) of 26.3% during the forecast period. Bioprocess containers like bags and accessories are single-use disposable containers used in biopharmaceutical manufacturing. Their rapid adoption is driven by the growing biologics market, increasing affordability and sustainability of single-use technologies, and rising biopharmaceutical research and development (R&D).

Request for Free Sample Report

The report identifies key growth drivers for the bioprocess containers market, including the expanding biologics market, especially for monoclonal antibodies, vaccines, cell and gene therapies personalized medicines. The COVID-19 pandemic led to an unprecedented demand for vaccines and increased usage of single-use bioreactors and their consumables. Single-use systems have advantages like faster production, higher flexibility, and lower costs. Additionally, the upcoming patent expiry of top biologics worth over USD 67 billion by 2020 is encouraging players to shift to more affordable production methods like single-use bioprocessing using containers and bags.

Among product types, 2D bioprocess containers held the largest market share of XX% in 2020. These flexible plastic bags have wide applications in cell harvesting and bulk transportation. By application, containers used in upstream bioprocesses like cell culture accounted for the largest share due to high usage in critical steps like fermentation. Based on end-users, bioprocess containers worth USD XX billion were used by biopharma companies in 2020, driven by growing demand for biosimilars and innovative biologics. North America had the largest regional market, aided by the well-established biopharmaceuticals industry.

The bioprocess containers industry does face some restraints like the risk of extractables and leachables contaminating products and issues around the disposal of non-recyclable plastic waste. However, lucrative opportunities exist, especially in Asia Pacific and emerging markets, with positive government policies and rapid growth in biomanufacturing infrastructure. The key players in the global bioprocess containers market include Sartorius Stedim Biotech, Thermo Fisher Scientific, Danaher Corporation and Merck Millipore. Market leaders are investing in new production facilities, acquisitions, and partnerships to expand their global footprint.

Request for Free Sample Report

Overall, the rising biopharmaceutical pipeline, advancements in flexible container technology using novel polymers and films, and the shift towards continuous manufacturing are expected to drive significant growth in the bioprocess containers market over the next five years. MarketsandMarkets forecasts the market to reach nearly USD 10 billion by 2026, indicating promising opportunities for manufacturers, biopharma companies, research laboratories and other stakeholders in this ecosystem. Companies can leverage this research to identify high-growth application areas and end-markets to target for strategic investments and capitalize on the rapidly growing demand for bioprocess containers.

Top 10 Companies in the Tissue Diagnostics Market
Top 10 Companies in Human Capital Management Market
Top 10 Companies Leading the Patient Engagement Solutions Market
Top 10 Companies in the Blood Collection Devices Market

Gesponsert
Gesponsert
Search
Gesponsert
Nach Verein filtern
Read More
Other
Waterproofing Membrane Market Size, Share, Industry Report - 2023-2020
Market Scope & Overview Along with market factors like drivers and restraints, the market's...
Von carrybird 2023-10-10 10:20:46 0 3KB
Health
Fibromyalgia Treatment Market Size, Exploring the Forecasted Growth and Trends for 2024-2031
The global fibromyalgia treatment market, valued at USD 3.32 billion in 2023, is projected...
Von wilsonjohn 2024-06-20 20:51:06 0 2KB
Other
Global Plastic Waste Management Market to witness an economic Disruption Caused by COVID 19
  Market Research Future (MRFR) has published a cooked research report on the...
Von ellamrfr 2023-11-20 07:16:24 0 2KB
Other
Specialized Nursing Essays Designed for Your Success
Nursing education demands a unique blend of academic rigor and practical skills. Students are...
Von davida 2024-12-03 18:40:12 0 611
Other
The Rise of Solar-Powered Light Towers: Sustainability in Focus
As industries and communities increasingly prioritize sustainability, solar-powered light towers...
Von Mark8839 2024-06-28 06:09:22 0 1KB
Gesponsert