Global Bioprocess Containers Market Rapid Growth Of Industry Demands, Business Performance And Forecast 2022-2028
The Global Bioprocess Containers market was valued at USD 1.34 billion in 2021 and is expected to reach USD 2.96 billion by the year 2028, at a CAGR of 11.98%.
Bioprocess Containers (BPCs) are single-use, ready-to-use, flexible container systems widely used for handling sterile liquids in biomanufacturing and biopharmaceutical operations. The basic function of bioprocess containers is to help in the storage of sterile fluids and rise the speed of ongoing biopharmaceutical processes. They are equipped with tubing, plastic films, ports, and fitting. Bioprocess containers are referred to as an alternative option for the conventional stainless-steel system. For the performance of the bioprocess containers, various features are required such as physical, mechanical properties, and biological compatibility. These bioprocess containers are widely used in pharma, a biotech company, and bioresearch industries which supported the growth of the market.
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Growing demand for biologics is the key factor that increases the growth of the market. The new biologics are used for the treatment of diabetes, cancer, and other serious medical conditions. Moreover, pharmaceutical, and biotechnology companies rising their investment, in the development of bioprocess containers also fuels the market growth. In recent years the prevalence of chronic diseases is growing, thus the need for vaccine production is increased. The single-use technology (SUT) is used for the production of biologics and vaccines. These all factors propel the growth of the bioprocess container market.
The growing research and development by the biotechnology and pharmaceutical companies owing to the patent expiry of the biologics provide a lucrative opportunity for the bioprocess containers market. Due to the high cost of manufacturing and development of biologics, the companies are more focused on economical technology than the traditional biomanufacturing method. Several pharmaceutical and biotechnological manufacturers are in the development process of incorporating single-use bioprocessing technology that offers the profitability opportunity for the bioprocess containers during the forecast year.
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Segmentation Analysis of Global Bioprocess Containers Market:
Based on Type:
The 2D bioprocess containers segment is expected to register the maximum market share of the global bioprocess containers market during the forecast period. 2D bioprocess containers are often used in cell harvesting and for the transportation of bulk drug products and bulk drug precursors.
Based on Application:
The upstream processes segment is expected to dominate the global bioprocess containers market during the forecast period. The upstream processes segment is anticipated to grow at the highest CAGR during the forecasted period.
Based on End-Users:
The pharmaceutical & biopharmaceutical companies segment is expected to register the largest market share of the global bioprocess containers market. The demand for biopharmaceuticals among the senior population is growing as the elderly are more prone to various diseases/disorders that can be treated using biologics.
• 2D Bioprocess Containers
• 3D Bioprocess Containers
• Tank Liners
• Process Development
By End Users:
• Pharmaceutical Companies
• Biopharmaceutical Companies
• CMOS & CROS
• Academic & Research Institute
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Regional Analysis of Global Bioprocess Containers Market:
North America is anticipated to dominate the overall bioprocess container market over the projected period. This dominance is mainly due to the strong demand for biopharmaceuticals owing to the increase in the geriatric population and advanced health care infrastructure in the United States.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Top Key Players Covered in Bioprocess Containers Market are:
• Thermo Fisher Scientific
• Danaher Corporation
• Sartorius Stedim Biotech
• Rim Bio
• Finesse Solutions
• Optimum Processing Inc.
• Merck Millipore
• PARKER HANNIFIN CORP
• Lonza Group AG
• Avantor Inc.
• General Electric Company
• Saint- Gobain S.A.
• GE Healthcare
• GE Healthcare
• Fluids Control
• Neta Scientific Incorporated Inc.
• ALLpaQ Packaging Group
• Others major Players.
Key Industry Developments in Global Bioprocess Containers Market:
• In March 2021, Germany-based company Merck financed ~USD 30 million (EUR 25 million) to expand a single-use assembly manufacturing unit at its Life Sciences Center in Molsheim, France. With this extension, the company is fueling its European strengthening strategies for single-use technology, which is used for the manufacturing of COVID-19 vaccines and other lifesaving therapies.
• In June 2021, the US-based company Avantor, Inc. is going to acquire RIM Bio, a top China-based manufacturer of single-use bioprocess bags and assemblies for biopharmaceutical manufacturing applications. This accession aids the company in extension its bioproduction footprint in China.
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Table Of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By End-Users
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Bioprocess Containers Market by Type
To be Continue….
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