Overview and Scope
Bioprocess containers are single-use containers that are used for critical sterile liquid-handling applications in the biopharmaceutical industry. It is used for liquid cell culture media, reagents, buffers, containment, and storage vessels for intermediate and final products yielded from manufacturing processes.
Sizing and Forecast
The bioprocess containers market size has grown exponentially in recent years. It will grow from $4.15 billion in 2023 to $5.24 billion in 2024 at a compound annual growth rate (CAGR) of 26.2%. The growth in the historic period can be attributed to growth in biopharmaceutical industry, government investments in research and development, increase in privatization of laboratory services, rise in healthcare spending.
The bioprocess containers market size is expected to see exponential growth in the next few years. It will grow to $13.72 billion in 2028 at a compound annual growth rate (CAGR) of 27.2%. The growth in the forecast period can be attributed to rising healthcare investments, emerging markets expansion, regulatory support, rise in disposable income. Major trends in the forecast period include sustainability and eco-friendly solutions, digitalization and data analytics, outsourcing and contract manufacturing, customization and modular systems, personalized medicine and patient-centric manufacturing.
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Segmentation & Regional Insights
The bioprocess containers market covered in this report is segmented –
1) By Type: 2D Bioprocess Containers, 3D Bioprocess Containers, Tank Liners, Other Containers & Accessories
2) By Application: Process Development, Upstream, Downstream
3) By End User: Biopharmaceutical Companies, Life Science R&D Companies, Other End Users
North America was the largest region in the bioprocess containers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioprocess containers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Rising biopharmaceutical R&D (research and development) activities is driving the growth of the bioprocess containers market. Biopharmaceutical R&D demands the transformation of the traditional approach to drug development, allowing medicines to reach patients faster, reducing development and operational costs, improving insights and decision-making. The use of data, digital technologies, and AI (artificial intelligence) increases the probability of success, discovering new medicines more efficiently and delivering them more effectively. As the biopharmaceutical development increases, there will be an increase in the need for bioprocess containers to keep them safe & uncontaminated and transport them safely. 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 bioprocess containers market growth.
Key Industry Players
Major companies operating in the bioprocess containers market include Sartorius Stedim Biotech S.A., Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Sartorius AG, Compagnie de Saint-Gobain S.A., Lonza Group AG, Avantor Inc., Eppendorf AG, Meissner Filtration Products Inc., Corning Incorporated, GE Healthcare Technologies Inc., Fluids Control Inc., Neta Scientific Incorporated, ALLpaQ Packaging Group plc, Kawasumi Laboratories Inc., F.L. Medical SRL, Sani-Tech West Inc., Cellon SA, Celltainer Biotech BV, Entegris Inc., Flexboy AG, GE Healthcare Life Sciences, GEA Group AG, GEMÜ Group, GVS Group Ltd., Integra Companies, Kuhner AG, L.B. Bohle Maschinen + Verfahren GmbH, Raith GmbH
The bioprocess containers market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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