DUBLIN--(BUSINESS WIRE)--The "Bioprocess Containers Market by Type (2D Bags, 3D Bags, Tank Liners), Application (Process Development, Upstream, and Downstream), End Users (Biopharmaceutical, and Life Science Companies), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global bioprocess containers market is expected to reach USD 1,914.6 million by 2023 from USD 1,030.0 million in 2018, at a CAGR of 13.2%. Growth in this market can be attributed to the increasing demand for biologics, affordability and sustainability of single-use bioprocess technologies, vaccine production using single-use disposable technologies, and the lower risk of cross-contamination.
Based on type, bioprocess containers market is segmented in to 2D bioprocess containers, 3D bioprocess containers, and other containers and accessories. The 3D bioprocess containers segment is estimated to register the highest CAGR during the forecast period. The significant reductions in labor cost and the faster batch-turnaround achieved using these containers are the major factor driving their adoption.
Based on end user, the bioprocess containers market is segmented into biopharmaceutical companies and life science R&D companies. The life science R&D companies segment is expected to grow at the fastest growth rate during the forecast period.
Geographically, the bioprocess containers market is dominated by North America, followed by Europe in 2018. The Asian region is estimated to grow at the fastest rate which can be attributed to the significant investments by key market players, increasing government support, developing R&D infrastructure, increasing outsourcing of pharmaceutical manufacturing and R&D, and increasing cell culture distribution.
- Thermo Fisher Scientific
- Sartorius AG
- GE Healthcare
- Merck KGaA
- Rim Bio
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Bioprocess Container Market, By Type
7 Bioprocess Container Market, By Application
8 Bioprocess Container Market, By End User
9 Bioprocess Container Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/hh967p/global_bioprocess?w=4