Global Bioprocess Containers Market Overview:
Bioprocess containers are ready-to-use, single-use flexible container systems used for critical sterile liquid-handling applications in the biopharmaceutical industry. These systems are cost-effective alternatives to conventional stainless-steel systems. They employ a novel design approach that helps increase shop-floor productivity. Bioprocess containers components are readily integrated into various high-performance systems for all steps in the production of biologics.
Global Bioprocess Containers Market Insights
The global bioprocess containers market size was growing at a significant CAGR during the forecast period, 2020-2027. The major factors are the growing demand for biologics to treat cancer, diabetes, and other chronic conditions. Additionally, the increasing R&D investments and rising prevalence of chronic diseases will spur the global bioprocess containers industry in the future periods. Furthermore, the growing public-private funding for vaccine production with rising usage of single-use disposable technology is expected to witness remarkable growth of bioprocess containers. The increasing benefits of single-use technology, such as shorter setup times, fewer cleaning and sterilization processes, the lower risk of cross-contamination, and cost & time-saving performance, are expected to propel the demand for bioprocess containers over the coming years.
Moreover, the upsurge in high demand for vaccines and rising investment by biopharmaceutical companies positively impacts the market for bioprocess containers in the healthcare industry. Furthermore, the rapid expansion in customer base, increment in the extensive R&D activities at the academic and industrial level, and increasing awareness of biomedical applications are fueling the demand for the bioprocess containers market. Additionally, the growing geriatric population and increasing healthcare demands in the developing world propelling the growth of the bioprocess containers market across the globe.
Growth Driver
Rising demand for low-cost biologics drugs
Bioprocess containers are used for the manufacturing of vaccines and biologics. The increasing demand for biological drugs to treat Crohn’s disease, ulcerative colitis, rheumatoid arthritis, and other autoimmune diseases is a major factor responsible for increasing the demand for bioprocess containers. In addition, with growth in the aging population across major markets globally, the demand for biopharmaceuticals is expected to rise as the elderly are more prone to diseases such as diabetes, musculoskeletal and cardiovascular diseases, hypertension, chronic kidney diseases, and cancer. However, issues related to leachables and extract ables are likely to restraint the growth of the bioprocess containers market.
Type Segmental Analysis
Based on the component, the global bioprocess containers market is segregated into 2D bioprocess containers, 3D bioprocess containers, and other containers and accessories.
The 2D bioprocess containers segment is estimated to witness the highest growth over the analysis timeframe due to the increasing use in biopharmaceutical companies to speed up the current biopharmaceutical production process and rising use in cell harvesting and for transportation of bulk drug products. In addition, 2D bioprocess containers are helpful in fluid management, storage, and media preparation.
The 3D bioprocess containers will grow significantly due to the increasing use in storage & transport of bulk drug products and hydration & sterilization of culture media.
Application Segmental Analysis
Based on the application, the global bioprocess containers market is classified into upstream processes, downstream processes, and process development. The Upstream process is expected to be the highest revenue share for bioprocess containers during the forecast period. The segment’s hike is primarily attributed to the rising number of cell research and rising use during fermentation, mixing & culture media processing.
The Downstream processes will witness a lucrative growth rate in the estimated period due to the rising demand for vaccines and monoclonal antibodies.
End-User Segmental Analysis
The global bioprocess containers market is classified into biopharmaceutical companies and life science R&D companies based on the end-user. The biopharmaceutical companies segment will dominate the global bioprocess containers market by 2027. Due to the surge in the use of cost-effective bioprocess containers system, they can lower the overall cost of production and economic expansion.
The Life Science R&D Companies accounted for the largest share of the bioprocess containers market in 2019 on account of reducing the time and cost of cleaning and adapting single-use technology in biologics and cell culture.
Region Segmental Analysis
The global bioprocess containers market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
North America is estimated to project considerably fair over 2020-2026. It is due to the rise in demand for biopharmaceutical products, leading industry players offering innovative products, and increasing healthcare expenditure.
The Asia Pacific will have a prominent share of the bioprocess containers market by 2027. Due to the rising investments in biopharmaceutical infrastructure, they are continually increasing demand for biologics in the region and mounting health care expenditures in developing countries such as India and China.
Competitor Analysis
Thermo Fisher Scientific, Danaher Corporation, GE Healthcare, Sartorius, Merck KGaA, LonzaGroup, Meissner, Fenner PLC, Fluids Control, and Rim Bio are the key players in the global bioprocess containers market.
Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global bioprocess container manufacturing firm
- Research organizations and consulting companies
- Organizations, associations, and alliances related to bioprocess containers
- Regulatory bodies
- Suppliers
- Retailers
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps assess potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines an in-depth scenario of the target market by grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics.
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs, wants, and cultural characteristics that can specifically target.
Market Modelling
By Type
- 2D Bioprocess Containers
- 3D Bioprocess Containers
- Other Containers and Accessories
By Application
- Upstream Processes
- Downstream Processes
- Process Development
By End-User
- Biopharmaceutical Companies
- Life Science R&D Companies
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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