Global Bioprocess Containers Market 2022 – Market Opportunities And Strategies
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The bioprocess containers market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 24%, as per The Business Research Company’s market report!
Read More On The Bioprocess Containers Market Report 2022 – https://www.thebusinessresearchcompany.com/report/bioprocess-containers-global-market-report
The Bioprocess Containers Market Size In 2022 And Forecast
The global bioprocess containers market is expected to grow from $2.61 billion in 2021 to $3.26 billion in 2022 at a compound annual growth rate (CAGR) of 24.85%. The global bioprocess container market size is expected to grow to $7.73 billion in 2026 at a CAGR of 24.10%.
The bioprocess containers market consists of sales of bioprocess containers by entities (organizations, sole traders, partnerships) that refer to ready-to-use, single-use flexible container products commonly used for critical sterile liquid-handling applications in the biopharmaceutical industry.
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Rise In Biopharmaceutical R&D Is Driving The Growth Of The Bioprocess Containers Market
For instance, according to an institutional report published in February 2022 by IQVIA, an American multinational pharmaceutical industry company, the global biopharmaceutical industry continues to flurry, with more than 6,000 products in active development and a growing share of that innovation coming from a new geographic region, a 68% increase compared to 2016. Therefore, the rise in biopharmaceutical R&D is driving the growth of the bioprocess containers market.
Competitive Landscape And The Regional Analysis Of The Bioprocess Containers Market
Major players in the bioprocess containers market are Sartorius Stedim Biotech, Thermo Fisher Scientific, Danaher Corporation, Merck Millipore, Sartorius AG, Lonza, Meissner Filtration Products Inc, Cole-Parmer Instrument Co, Optimum Processing Inc, Avantor Inc, Saint-Gobain SA, Rim Bio, Abec Inc, Entegris, Inc., and Corning Incorporated.
Additionally, as per TBRC’s research – North America was the largest region in the bioprocess containers market in 2021 holding the largest market share and Asia Pacific is expected to be the fastest-growing region in the forecast period.
The Bioprocess Containers Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bioprocess containers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the bioprocess containers market.
Technological Advancement – A Key Trend In The Bioprocess Containers Market
Major companies operating in the bioprocess container market are focused on providing technologically advanced products to meet rapidly changing industry demand and strengthen their market position. These companies are implementing next-generation technologies into their products such as depth filtration, disposable chromatography, sterile filtration, ultrafiltration (UF)/defiltration (DF), virus filtration, and others. These technologically advanced products offer better sample protection, productivity, and other benefits.
Bioprocess Containers Market Segmentation By The Business Research Company
1) By Type: 2D Bioprocess Containers, 3D Bioprocess Containers, Tank Liners, Other Containers and Accessories
2) By Application: Process Development, Upstream, Downstream
3) By End-User: Biopharmaceutical Companies, Life Science R&D Companies, Others
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Food Containers Global Market Report 2022
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