Europe Bioprocess Containers Market By Type (2D Bioprocess Containers, 3D Bioprocess Containers, and Other Containers & Accessories), By Application (Upstream Processes, Downstream Processes and Process Development), By End User (Pharmaceutical & Biopharmaceutical Companies, Academic & Research Institutes and CROs & CMOs), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
The Europe Bioprocess Containers Market would witness market growth of 25.7% CAGR during the forecast period (2021-2027).
The use of single-use bi—process containers also increase the productivity of the company as they eliminate the requirement for validation between consecutive activities. Traditional bioprocessing and production of biologics and other bioproducts utilize steel-based bioreactors. Moreover, cost-efficiency is one of the major benefits reaped by the organizations by using bioprocess containers. The cost of chemicals & water and the cost of labor for assembly is less in single-use bioprocess containers in comparison to the stainless-steel hardware systems.
The bioprocess container must be developed appropriately in order to hold an integrated single-use flow path to reduce the need for space and get a faster set up. Thus, the time spent by employees for validation, setup, documentation, and preparation are reduced.
In the region, there is an increase in the number of life science R&D companies and manufacturers of biosimilars & biologicals which arises the need for bio process containers in the Europe region in order to reduce the complications during the manufacturing process and risk of contamination of the product. As per the data published by the Generics & Biosimilars Initiative Journal, almost 12 biological products are exposed to biosimilar competition in 2020.
The Germany market dominated the Europe Bioprocess Containers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $805.6 million by 2027. The UK market would witness a CAGR of 24.8% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 26.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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).
Scope of the Study
Market Segments covered in the Report:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook