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The global bioprocess containers market size has the potential to grow by USD 1.06 billion during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the market by geography (Asia, Europe, North America, and ROW) and end-user (pharmaceutical companies, life science companies, and academic and research institutes). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Avantor Inc., Danaher Corp., Eppendorf AG, General Electric Co., Lonza Group Ltd., Meissner Filtration Products Inc., Merck KGaA, Sartorius AG, Thermo Fisher Scientific Inc., and W. L. Gore & Associates Inc.
Browse TOC and LoE with selected illustrations and example pages of bioprocess containers market
The bioprocess containers market is currently fragmented. The degree of fragmentation will increase over the forecast period. Vendors are adopting innovative marketing strategies to increase their market penetration. The high cost of manufacturing and commercialization cycle is prompting vendors to opt for strategic alliances with suppliers, private vendors, and end-users to share the cost and enhance product portfolios. Vendors are also significantly focusing on new product launches owing to rising demand for bioprocess equipment such as containers. Sartorius AG, Thermo Fisher Scientific Inc., and W. L. Gore & Associates Inc. are a few of the significant market participants. Although the accelerating market growth momentum will offer immense business opportunities to the vendors, concerns related to extractables and leachables will challenge the growth of many. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market positions, this bioprocess containers market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. This bioprocess containers market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading bioprocess containers companies, including:
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The region has been recording advances in healthcare technologies in terms of equipment and therapeutics. Moreover, the region is home to many large pharmaceutical companies. In line with these factors, the focus on biologics such as mAbs and regenerative medicine and vaccine discovery and development has increased. As a result, the demand for manufacturing equipment such as multi-use bioprocess containers and single-use bio container bags has increased in the region. Therefore, the bioprocess containers market growth in the region is expected to be substantial over the forecast period.
Almost 49% of the overall market’s growth will originate from North America during the forecast period. The US is one of the key markets for the bioprocess containers market in the region. The market growth rate in this region will be slower than that of Asia over the forecast period.
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Pharmaceutical companies are the primary users of bioprocess containers in both upstream and downstream manufacturing processes of drugs and active pharmaceutical ingredient (API) production. The other factor contributing to the significant use of bioprocess containers in pharmaceutical companies is continuous advances in research on biologics. These factors will help in increasing the bioprocess containers market share by the pharmaceutical companies segment.
The growth rate of the pharmaceutical companies segment is expected to be slower compared with the life science companies segment over the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the bioprocess containers market size.
The demand for biologics such as vaccines, stem cells, tissues, cell and gene therapies, monoclonal antibodies, and recombinant therapeutic proteins, and living cells is increasing. The high demand for these biologics is attributed to factors such as high target affinity, fewer side-effects, and the ability to speed up the recovery process and cure a wide range of healthcare conditions. Therefore, pharmaceutical and biotechnology companies are increasingly launching new biologics. This has created a need to increase production lines, which, in turn, has augmented the demand for processing equipment such as bioprocessing containers. Consequently, the market vendors will record increased sales, contributing to the global bioprocess containers market growth.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
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