Bioprocess Containers Market

0
1K

According to a new report by MarketsandMarkets, the global bioprocess containers market size is projected to reach USD 9.6 billion by 2026, growing at a compound annual growth rate (CAGR) of 26.3% during the forecast period. Bioprocess containers like bags and accessories are single-use disposable containers used in biopharmaceutical manufacturing. Their rapid adoption is driven by the growing biologics market, increasing affordability and sustainability of single-use technologies, and rising biopharmaceutical research and development (R&D).

Request for Free Sample Report

The report identifies key growth drivers for the bioprocess containers market, including the expanding biologics market, especially for monoclonal antibodies, vaccines, cell and gene therapies personalized medicines. The COVID-19 pandemic led to an unprecedented demand for vaccines and increased usage of single-use bioreactors and their consumables. Single-use systems have advantages like faster production, higher flexibility, and lower costs. Additionally, the upcoming patent expiry of top biologics worth over USD 67 billion by 2020 is encouraging players to shift to more affordable production methods like single-use bioprocessing using containers and bags.

Among product types, 2D bioprocess containers held the largest market share of XX% in 2020. These flexible plastic bags have wide applications in cell harvesting and bulk transportation. By application, containers used in upstream bioprocesses like cell culture accounted for the largest share due to high usage in critical steps like fermentation. Based on end-users, bioprocess containers worth USD XX billion were used by biopharma companies in 2020, driven by growing demand for biosimilars and innovative biologics. North America had the largest regional market, aided by the well-established biopharmaceuticals industry.

The bioprocess containers industry does face some restraints like the risk of extractables and leachables contaminating products and issues around the disposal of non-recyclable plastic waste. However, lucrative opportunities exist, especially in Asia Pacific and emerging markets, with positive government policies and rapid growth in biomanufacturing infrastructure. The key players in the global bioprocess containers market include Sartorius Stedim Biotech, Thermo Fisher Scientific, Danaher Corporation and Merck Millipore. Market leaders are investing in new production facilities, acquisitions, and partnerships to expand their global footprint.

Request for Free Sample Report

Overall, the rising biopharmaceutical pipeline, advancements in flexible container technology using novel polymers and films, and the shift towards continuous manufacturing are expected to drive significant growth in the bioprocess containers market over the next five years. MarketsandMarkets forecasts the market to reach nearly USD 10 billion by 2026, indicating promising opportunities for manufacturers, biopharma companies, research laboratories and other stakeholders in this ecosystem. Companies can leverage this research to identify high-growth application areas and end-markets to target for strategic investments and capitalize on the rapidly growing demand for bioprocess containers.

Search
Sponsored
Categories
Read More
Other
Dubai Call Girls +971526312337
Hello everyone! Thank you for visiting our Call Girl in Dubai. Connect with the most beautiful...
By Jiya Rajput 2024-08-22 09:39:55 0 573
Other
How to Prepare for a Cleanroom Validation Audit in Saudi Arabia
Understanding Cleanroom Validation Cleanroom validation is a critical process to ensure that...
By Ziebaq Technology 2024-07-24 14:03:16 0 752
Health
7 Things You Most Likely Didn't Know About High Blood-Sugar
GlucoTrust is way ahead of Blood Glucose Level. How do regular citizens glean cheap GlucoTrust...
By Linda Picks 2022-02-14 06:53:09 0 2K
Other
Understanding Color-Coated Galvanized Steel
Color-coated galvanized steel, also known as pre-painted galvanized steel, combines the corrosion...
By Agosto Cuatro 2024-05-06 07:05:37 0 1K
Other
온라인슬롯에서 대박 터지는 비결
온라인 엔터테인먼트 세계에서는 온라인슬롯의 흥미진진하고 상당한 보상 가능성을 제공하는 경험을 따라오는 게 없습니다. 이 가상의 운빨 게임은 쉬운 접근성, 다양한 주제, 그리고...
By Pitted DATES 2024-03-28 20:15:19 0 1K
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com