2019 Bioprocess Containers Market Size, Share, Growth Analysis by Applications like Production Process, Upstream Process, Downstream Process, Major Companies and Region-Global Forecast till 2023

Bioprocess Containers Market Report by Type (2D Container, 3D Container, Accessories), Application (Production Process, Upstream Process, Downstream Process), End User (Pharmaceutical Companies, Biotechnology Companies), and Region-Global Forecast till 2023.

Market Scenario

Bioprocess Container is anticipated to have held a market value of USD 990 million in the year 2017 and is expected to grow at a CAGR of 13.8% during the forecast period. Bioprocess Containers are single-use used for the liquid-handling process in the biopharmaceutical companies.

Growing pharmaceutical and biotech industry and increasing demand for biological products are expected to drive the growth of the market. On the other hand, high issue related leachables and extractables restrain the market growth over the forecast period.

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Global Bioprocess Containers Market: Growing pharmaceutical and biotech industry and increasing demand for biological products are projected to boost the market growth by 2023.

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)

Segmentation

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, 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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Research Methodology

MRFR leverages its in-house expertise for drawing insightful conclusions into the market. Extensive primary and secondary research are undertaken which include SEC filings, interviews with stakeholders across the value chain, whitepaper references, etc. for backing the research findings. Top-down and bottom-up approaches employed validate the authenticity of the statistical observations available in the report. Furthermore, a multi-layer verification process is applied for eliminating deviations and discrepancies.

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