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Blow-Fill-Seal Technology Market - Technological Advancements, Evolving Industry Trends and Insights 2016 - 2024

03-02-2018 06:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Blow-Fill-Seal (BFS) technology is a technique used to manufacture liquid-filled polymer containers as small volume (0.1mL to 99mL) as well as large volume (100mL and above). The technology is developed in Europe and has significant demand in Europe followed by North America. The technique has relatively high use in the pharmaceutical market to fill the parental preparation with comparatively less intervention of human being.

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The technology is considered as a superior method for aseptic filling of parental preparation by various regulatory bodies such as the U.S. Food and Drug Administration (FDA). Blow-Fill-Seal (BFS) technology is used in filling of eye drops, infusions, inhalation, and other parental preparations.

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The primary factor driving the market of Blow-Fill-Seal (BFS) technology is growing the pharmaceutical market and packaging market. Other factors driving the market of Blow-Fill-Seal (BFS) technology are convenient packaging, innovation in pharmaceutical packaging, increasing demand for a qualitative technique for filling parental preparation, etc. The availability of a wide range of innovative packaging solutions is likely to have a significant influence on the demand for Blow-Fill-Seal (BFS) technology market during the forecast period.

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The Blow-Fill-Seal (BFS) technology require a relatively high cost for preparation which leads to increasing price of final product. Considering this factors, the final price of the product will increase, which will be a restraining factor for the Blow-Fill-Seal (BFS) technology market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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