Press release
Bioprocess Containers Market Growth Drives at a CAGR of 13.8% till 2023: Major Biopharmaceutical Companies Technology Growth and Trend Analysis Report 2019
Bioprocess Containers Market
Market Outlook
The Global Bioprocess Containers Market is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 990 million in 2017 and is projected to grow at a CAGR of 13.8% over the forecast period. Bioprocess containers are single-use used for the liquid-handling process in biopharmaceutical companies.
The factors such as increasing demand for biological products and lower risk of cross-contamination are expected to propel the growth of the market. However, high issue related leachable and extractable hamper the market growth over the forecast period.
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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).
Market 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.
Global Bioprocess Containers Market, by Type
2D Container
3D Container
Accessories
Global Bioprocess Containers Market, by Application
Upstream Process
Downstream Process
Production Process
Global Bioprocess Containers Market, by End User
Pharmaceutical Companies
Biotech Companies
Other End Users
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Market by 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..
Intended Audience
Bioprocess Containers Manufacturers and vendors
Various research and consulting firms
Bioprocess Containers Distributors
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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