The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm),Bioproduction Bottles Marketcomprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Bioproduction Bottles Industry Analytical Overview (2022-2027): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Bioproduction Bottles Market is projected to grow at a CAGR of around 19.29% during the forecast period, i.e., 2022-27. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2022 to 2027.
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What is Included in Bioproduction Bottles MarketSegmentation?
The report has segmented the market into the following categories:
By Material Type
– Plastic
–– Polycarbonate
–– Polyethylene terephthalate glycol (PETG)
–– High-density polyethylene (HDPE)
–– Others (Fluorinated ethylene propylene (FEP), Perfluoroalkoxy alkanes (PFA))
– Glass
By Capacity Type
– Upto 30 ml
– 30 to 60 ml
– 60 to 100 ml
– 100-250 ml
– 250 to 500 ml
– 500 to 1000 ml
– 1000 to 2000 ml
– Above 2000 ml
Here, bioproduction bottles with a capacity of up to 30 ml dominated the market in 2021 due to their extensive usage for testing & storage purposes in both clinical & commercial applications. At the clinical stage, bottles with up to 30ml capacity are the most preferred ones to undergo any test or experiment. Moreover, commercially, the packaging of single-dose vaccines deploys these bottles substantially. Further, the Covid-19 pandemic has also played a crucial role in catalyzing their demand across academia, contract research organizations, & pharmaceutical industries, and the same trend is likely to be followed during the forecast period.
By Application
– Sampling System
– Media Preparation
– Mixing
– Storage
– Others
By Development Phase
– Clinical
– Commercial
By Component
– Drug Substance
– Drug Product
By Molecule Type
– Protein
– Gene Therapy
– Cell Therapy
– Conventional Vaccines
By Region
– North America
– South America
– Europe
– Asia Pacific
– Middle East & Africa
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Key Factor Driver Bioproduction Bottles Industry Growth by 2027
The growth of the Global Bioproduction Bottles Market attributes primarily to the growing research & development on vaccines worldwide & their commercialization, coupled with biopharmaceutical companies worldwide planning to expand their production capacities.
- In 2018, Sanofi announced its plans to double its vaccine output by 2023 in Canada by establishing a vaccine production plant worth USD 431 million to manufacture five-component Acellular Pertussis (5-aP) Antigen & new pertussis (whooping cough) vaccine.
- In 2019, IDT Biologika launched its new vaccine production plant in the BioPharmaPark area in DessauRosslau, Germany.
Furthermore, the Covid-19 pandemic in 2020 increased the focus of various governments worldwide to develop local biopharmaceutical sectors across different countries. Besides, the biopharmaceutical companies initiated the development & manufacturing of Covid-19 vaccines around the US, the UK, Canada, etc. Hence, this has further positively impacted the growth of the Global Bioproduction Bottles Market.
Who are the Key Players Operating in the Bioproduction BottlesIndustry?
The top companies of the Bioproduction Bottles market ruling the industry are:
- Thermo Fisher Scientific
- Gerresheimer Glas GmbH
- Essco Glass
- Spectrum Chemical Manufacturing Corporation
- Corning
- SGD Pharma
- Duran Group
- Beatson Clark
- Foxx Life Sciences
- Others
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FAQs (Frequently Ask Questions)
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