Posted By Uma Rajagopal
Posted on February 8, 2022
Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. Overall growth forecast remains positive for the market, especially as demand for effective packaging technology continues to rise across various industries.
By using BFS technology, the plastic is blown, filled with the formulated product and sealed inside the machine continuously without any kind of external contamination. It is a fast, precise, and safe method for pharmaceutical filling and it uses lesser energy. The material used is often recyclable and more durable than glass. The machine is capable of producing different shapes according to the end user’s requirements. As BFS technology increases processing speed and supports contamination free packaging, this technology becomes a first choice of many end users.
The BFS technology finds application across diverse industries. However, pharmaceutical industry remains its key end user. Main products produced using this technology are the bottles, ampoules, vials and pre-filled syringes, etc. which are used in filling of medicines, vaccines, ophthalmic, respiratory, injectable drugs, wound care, and biologics. Apart from this, BFS technology has applications in food & beverage, cosmetic and personal care, and many other industries.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-4407
Key Takeaways of Blow Fill Seal Technology Market Study
- The BFS technology market is to exhibit 5.4% Y-o-Y growth in 2021
- The U.S. will emerge as a highly lucrative destination, accounting for over 84% of the North America market
- The U.K. is set to exhibit 8% Y-o-Y growth in 2021
- France and Germany will emerge as highly lucrative markets for BFS technology in Europe
- Japan and South Korea will continue exhibiting high demand
Blow Fill Seal Technology Aids in Curbing Medical Non Adherence Issues
Over the past two decades, medical adherence has created a very critical situation for healthcare & pharmaceutical industry.
- For instance: in USA, according to FMI study, it has been noticed that ~40%-50% of prescribed medications are not taken by the patients appropriately. Along with this, according to a study conducted by the Intercontinental Medical Statistics (IMS) health, it has been noticed that the matter of not taking medicine appropriately at right time is costing patients more than $200 Bn.
To contain the issue, the pharmaceutical industry is continually making efforts for improving medication packaging. The industry is focusing on appropriate and easy packaging for ensuring the matter of “right dose at right time”.
Against this backdrop, the demand for technologies that can instruct the patients to take accurate dose in a timely manner is rising. Companies, especially in North America are adopting blow fill seal technology to help to ensure better drug intake in a single dose.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/4407
Blow Fill Seal Technology Market Landscape
Unither Pharmaceuticals SAS, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceutical Inc, Brevetti Angela S.R.L, Recipharm AB, Laboratorios SALVAT, S.A, The Ritedose Corporation, Unicep Packaging, LLC, Pharmapack Co. Ltd, Amanta Healthcare Ltd., Automatic Liquid Packaging Solutions LLC, Asept Pak, Inc and SIFI Spa are some of the keyplayers in the blow fill seal technology market. The blow fill seal technology market is fragmented and the Tier 1 players in the market hold 40-45% share in the global blow fill seal technology market.
Explore Wide-ranging Coverage of FMI’s Packaging Landscape
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Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. Overall growth forecast remains positive for the market, especially as demand for effective packaging technology continues to rise across various industries.
By using BFS technology, the plastic is blown, filled with the formulated product and sealed inside the machine continuously without any kind of external contamination. It is a fast, precise, and safe method for pharmaceutical filling and it uses lesser energy. The material used is often recyclable and more durable than glass. The machine is capable of producing different shapes according to the end user’s requirements. As BFS technology increases processing speed and supports contamination free packaging, this technology becomes a first choice of many end users.
The BFS technology finds application across diverse industries. However, pharmaceutical industry remains its key end user. Main products produced using this technology are the bottles, ampoules, vials and pre-filled syringes, etc. which are used in filling of medicines, vaccines, ophthalmic, respiratory, injectable drugs, wound care, and biologics. Apart from this, BFS technology has applications in food & beverage, cosmetic and personal care, and many other industries.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-4407
Key Takeaways of Blow Fill Seal Technology Market Study
- The BFS technology market is to exhibit 5.4% Y-o-Y growth in 2021
- The U.S. will emerge as a highly lucrative destination, accounting for over 84% of the North America market
- The U.K. is set to exhibit 8% Y-o-Y growth in 2021
- France and Germany will emerge as highly lucrative markets for BFS technology in Europe
- Japan and South Korea will continue exhibiting high demand
Blow Fill Seal Technology Aids in Curbing Medical Non Adherence Issues
Over the past two decades, medical adherence has created a very critical situation for healthcare & pharmaceutical industry.
- For instance: in USA, according to FMI study, it has been noticed that ~40%-50% of prescribed medications are not taken by the patients appropriately. Along with this, according to a study conducted by the Intercontinental Medical Statistics (IMS) health, it has been noticed that the matter of not taking medicine appropriately at right time is costing patients more than $200 Bn.
To contain the issue, the pharmaceutical industry is continually making efforts for improving medication packaging. The industry is focusing on appropriate and easy packaging for ensuring the matter of “right dose at right time”.
Against this backdrop, the demand for technologies that can instruct the patients to take accurate dose in a timely manner is rising. Companies, especially in North America are adopting blow fill seal technology to help to ensure better drug intake in a single dose.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/4407
Blow Fill Seal Technology Market Landscape
Unither Pharmaceuticals SAS, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceutical Inc, Brevetti Angela S.R.L, Recipharm AB, Laboratorios SALVAT, S.A, The Ritedose Corporation, Unicep Packaging, LLC, Pharmapack Co. Ltd, Amanta Healthcare Ltd., Automatic Liquid Packaging Solutions LLC, Asept Pak, Inc and SIFI Spa are some of the keyplayers in the blow fill seal technology market. The blow fill seal technology market is fragmented and the Tier 1 players in the market hold 40-45% share in the global blow fill seal technology market.
Explore Wide-ranging Coverage of FMI’s Packaging Landscape
Jumbo Bags Market: Find insights on the jumbo bags market with analysis of statistics, segments, players, influencers, and business strategies adopted over a 10-year forecast period.
Packaging Barrier Films Market: FMI’s report on the packaging barrier films market provides insights on the market for 2020-2030. The study evaluates restraining forces, revenue sources, market leaders, and market strategies.
Vending Cups Market: An analysis on the vending cups market with data on opportunities, growth levers, regional markets, restraints, regulatory policies, and strengths of market leaders.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
