The Asia Pacific Bioprocess Containers Market would witness market growth of 26.3% CAGR during the forecast period (2021-2027).
BPCs are single-use, ready-to-use flexible container solutions used in the biopharmaceutical industry for crucial sterile liquid-handling applications. BPC systems are less expensive than traditional stainless-steel systems. They use an innovative design approach to boost shop-floor productivity. BPC components can be easily integrated into a wide range of high-performance systems for all stages of biologics production.
The adoption of single use bioprocess containers instead of traditional equipment would also require comparatively less energy and water. From benchtop to production scale processes, BPC systems are perfectly suited. All processes in the manufacturing of therapeutic biologics and vaccines benefit from BPC components. The usage of disposable containers for biopharmaceutical manufacturing is on the rise. Single-use systems have a number of benefits, including enhanced flexibility, the removal of cleaning procedures, and lower capital costs.
The growth of the market is attributed to the presence of major investors in the market along with the support of the government authorities. Also, the advanced development in the emerging economies such as China, Japan, and India and the presence of labor at cheaper prices attract the companies to invest in the region. For example, Merck and Stelis Biopharma established a scale up laboratory to serve with end-to-end solutions for clinical, pre-clinical as well as commercial supply.
The China market dominated the Asia Pacific Bioprocess Containers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $895.1 million by 2027. The Japan market is poised to grow a CAGR of 25.6% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 27.2% during (2021 - 2027).
Based on Type, the market is segmented into 2D Bioprocess Containers, 3D Bioprocess Containers, and Other Containers & Accessories. Based on Application, the market is segmented into Upstream Processes, Downstream Processes and Process Development. Based on End User, the market is segmented into Pharmaceutical & Biopharmaceutical Companies, Academic & Research Institutes and CROs & CMOs. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bioprocess Containers Market is Projected to reach USD 11.9 Billion by 2027, at a CAGR of 26.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Saint-Gobain Group, Thermo Fisher Scientific, Inc., Danaher Corporation, Merck Group, Avantor, Inc., Parker Hannifin Corporation, Corning Incorporated, Entegris, Inc., Lonza Group Ltd., and Sartorius Stedim Biotech S.A. (Sartorius AG).
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