Press release
Global Bioprocess Containers Market Set to Reach $9.3 Billion by 2033, Driven by Demand for Biologics and Outsourcing of Laboratory Services
The global bioprocess containers market is poised to achieve remarkable growth over the forecast period from 2023 to 2033, reaching a value of $9.3 billion, with a robust compound annual growth rate (CAGR) of 11.1%. The market, which was valued at $2.9 billion in 2022, is driven by a surge in demand for biologics and biosimilars, a shift towards single-use technologies, and a growing trend of outsourcing laboratory services.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ (๐จ๐๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ ๐ฎ๐ถ๐น ๐๐ฑ ๐ณ๐ผ๐ฟ ๐ค๐๐ถ๐ฐ๐ธ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75155&utm_source=OpenPR_Ajay&utm_medium=OpenPR
Biologics and biosimilars are in high demand, attributed to their effectiveness in treating chronic diseases like cancer, diabetes, and autoimmune disorders. The rise in the global aging population further drives the need for such treatments. To meet this demand, the bioprocess containers market has embraced single-use technologies, leading to accelerated production timelines and reduced cross-contamination risks, which are pivotal advantages over traditional stainless steel bioreactors.
The ongoing COVID-19 pandemic has further catalyzed the market's growth, as bioprocess bags play a pivotal role in the swift development and production of vaccines through single-use technologies.
One of the significant factors contributing to the market expansion is the surge in outsourcing of laboratory services to specialized contract research organizations (CROs) and contract manufacturing organizations (CMOs). By outsourcing their research and development processes, companies can focus on their core competencies while capitalizing on the expertise and infrastructure of service providers. This trend not only offers cost advantages but also fuels the demand for bioprocess containers to support the outsourced processes.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ -
https://www.transparencymarketresearch.com/checkout.php?rep_id=75155<ype=S&utm_source=OpenPR_Ajay&utm_medium=OpenPR
North America dominated the market with over 30% of the global share in 2022, primarily due to the presence of leading biologics and biopharmaceutical companies, as well as significant investment in research and development activities by pharmaceutical firms in the region. Asia Pacific emerged as the fastest-growing market, expected to expand at a CAGR of 11.9% during the forecast period. The region's growth is propelled by rising investments, increased research expenditure, and a booming biopharmaceutical industry, particularly in countries like China and India.
Key players in the bioprocess containers market, including Sartorius AG, Thermo Fisher Scientific, Inc., and Merck KGaA, have been instrumental in driving advancements through mergers, acquisitions, and innovative product offerings. These developments ensure the market remains dynamic and responsive to the evolving needs of the biopharmaceutical sector.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ -
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75155&utm_source=OpenPR_Ajay&utm_medium=OpenPR
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
Endovascular Abdominal Aortic Aneurysm Repair Devices Market
https://www.globenewswire.com/en/news-release/2023/03/23/2633442/0/en/Endovascular-Abdominal-Aortic-Aneurysm-Repair-Devices-Market-to-Reach-USD-3-7-Bn-by-2031-TMR.html
Pneumonia Testing Market
https://www.globenewswire.com/en/news-release/2023/03/14/2626536/0/en/Pneumonia-Testing-Market-Size-to-Cross-USD-843-8-Mn-by-2031-Global-Study-by-Transparency-Market-Research.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
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