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 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 prominent players in the global bioprocess containers market 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).
Segment Analysis
The Global Bioprocess Containers Market has been segmented into 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.
Regional Analysis
Geographically, the Americas is expected to dominate the global market owing to the presence of well-established players and rising demand for biological products. Europe is expected to hold the second largest position in the global market owing to the growing pharma and biotech industry. Asia-Pacific is expected to be the fastest growing market owing to the increasing biopharmaceutical industry. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global market.
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