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    Home > Research Reports > Demand for 3D Bioprocess Bags is Poised to Embark on a Positive Growth Trajectory, Registering a CAGR of 9% Over The Forecas
    Research Reports

    Demand for 3D Bioprocess Bags is Poised to Embark on a Positive Growth Trajectory, Registering a CAGR of 9% Over The Forecas

    Demand for 3D Bioprocess Bags is Poised to Embark on a Positive Growth Trajectory, Registering a CAGR of 9% Over The Forecas

    Published by FACT MR

    Posted on September 23, 2021

    Featured image for article about Research Reports

    The global demand for bioprocess bags is poised to embark on a positive growth trajectory, registering a CAGR of 9% over the forecast period (2020-2030). Growth is attributed to surging demand for bioprocess bags from the biotechnology industry. Growing concerns regarding purity levels in biotech firms and ever-increasing scrutiny from regulatory bodies have surged the demand for bioprocess bags across the whole production process of biopharmaceuticals.

    Bioprocess bags are compatible against a wide temperature range, and can operate without being negatively affected, making them suitable for high temperature applications to frozen applications. These factors are set to drive the expansion of the global bioprocess bags market size over the next ten years.

    For detailed insights on enhancing your product footprint, request a sample here-  https://www.factmr.com/connectus/sample?flag=S&rep_id=3926

    Attributed to the economic and operational benefits of bioprocess bags, they have been widely adopted in the biopharmaceutical sector for various bioprocessing applications. This positive scenario is projected to continue, as currently, over three-fourth biotech companies use some kind of single-use technology devices, and are set to increase consumption over the years. Owing to increased demand, bioprocess bags currently account for nearly one-third of the global single-use technology devices market. Use of bioprocess bags reduces leak points and chances of contamination, making them an ideal choice over conventional stainless steel containers. These advantages are poised to fuel the growth of the bioprocess bags market, which is slated to close in on a market valuation US$ 3 Bn by 2030-end.

    Key Takeaways from Bioprocess Bags Market Study

      • On the basis of type, 2D bioprocess bags have remained the preferred choice in global bioprocess bags market, and generated a market value worth US$ 880 Mn in 2019.
      • In response to increasing demand for biopharmaceuticals, biotech companies are scaling up their production capacities, which will drive demand for 3D bioprocess bags.
      • Small- and medium-sized bioprocess bags account for a leading share in the global bioprocess bags market, and are set to generate an absolute $ opportunity worth US$ 1.1 Bn by 2030.
    • On the basis of application, the chromatography feed & collection segment is poised to expand at a leading growth rate of 10% over the forecast period.
    • Attributed to the range of bioprocessing applications, the biotechnology end-use industry accounted for over three-fourth of global consumption in 2019.
    • The United States is projected to remain a leading consumer of bioprocess bags during the forecast period, surpassing a market valuation worth US$ 1.2 Bn by 2030.

    Need more information about Report Methodology? Click here-https://www.factmr.com/connectus/sample?flag=RM&rep_id=3926

    “The coronavirus outbreak and failure of conventional pharmaceutical drugs have resulted in huge investments in biotech industries, which will create huge demand for bioprocess bags till the mid-term forecast period,”

    says a Fact.MR analyst.

    bioprocess bags market regional analysis

    Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/3926

    Targeted Acquisition Strategies by Players to Fuel Market Growth

    Players in the bioprocess bags market space have been strategically focusing on high potential bioprocess bags, and in response, they have invested millions of dollars in acquiring companies across different geographical regions. Under their targeted strategy, prominent players have acquired numerous competitors to strengthen their market position.

    • For instance, Sartorius AG acquired selected assets of the life science business of Danaher Corporation in 2020, to enhance its position in the global biopharma market.
    • In 2019, ThermoFisher strategically acquired two companies – API manufacturing company named Glaxo-Smith-Kline, and Brammer Bio, a viral vector manufacturer.

    Such strategies will assist stakeholders to progress in the global bioprocess bags market over the forecast period.

    Explore More Trending Reports of Fact.MR

    Microfibrillated Cellulose (MFC) Fiber Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

    Nano Crystalline Soft Magnetic Materials Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

    High Purity Quartz Sand Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030

    About Fact.MR
    Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
    Reach out to us with your goals, and we’ll be an able research partner.

    Contact:
    US Sales Office:
    11140 Rockville Pike
    Suite 400
    Rockville, MD 20852
    United States
    Tel: +1 (628) 251-1583

    Corporate Headquarter:
    Unit No: AU-01-H Gold Tower (AU),
    Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers,
    Dubai, United Arab Emirates
    E: sales@factmr.com
    Website: https://www.factmr.com

    The post Demand for 3D Bioprocess Bags is Poised to Embark on a Positive Growth Trajectory, Registering a CAGR of 9% Over The Forecas appeared first on The Cloud Tribune.

    The global demand for bioprocess bags is poised to embark on a positive growth trajectory, registering a CAGR of 9% over the forecast period (2020-2030). Growth is attributed to surging demand for bioprocess bags from the biotechnology industry. Growing concerns regarding purity levels in biotech firms and ever-increasing scrutiny from regulatory bodies have surged the demand for bioprocess bags across the whole production process of biopharmaceuticals.

    Bioprocess bags are compatible against a wide temperature range, and can operate without being negatively affected, making them suitable for high temperature applications to frozen applications. These factors are set to drive the expansion of the global bioprocess bags market size over the next ten years.

    For detailed insights on enhancing your product footprint, request a sample here-  https://www.factmr.com/connectus/sample?flag=S&rep_id=3926

    Attributed to the economic and operational benefits of bioprocess bags, they have been widely adopted in the biopharmaceutical sector for various bioprocessing applications. This positive scenario is projected to continue, as currently, over three-fourth biotech companies use some kind of single-use technology devices, and are set to increase consumption over the years. Owing to increased demand, bioprocess bags currently account for nearly one-third of the global single-use technology devices market. Use of bioprocess bags reduces leak points and chances of contamination, making them an ideal choice over conventional stainless steel containers. These advantages are poised to fuel the growth of the bioprocess bags market, which is slated to close in on a market valuation US$ 3 Bn by 2030-end.

    Key Takeaways from Bioprocess Bags Market Study

      • On the basis of type, 2D bioprocess bags have remained the preferred choice in global bioprocess bags market, and generated a market value worth US$ 880 Mn in 2019.
      • In response to increasing demand for biopharmaceuticals, biotech companies are scaling up their production capacities, which will drive demand for 3D bioprocess bags.
      • Small- and medium-sized bioprocess bags account for a leading share in the global bioprocess bags market, and are set to generate an absolute $ opportunity worth US$ 1.1 Bn by 2030.
    • On the basis of application, the chromatography feed & collection segment is poised to expand at a leading growth rate of 10% over the forecast period.
    • Attributed to the range of bioprocessing applications, the biotechnology end-use industry accounted for over three-fourth of global consumption in 2019.
    • The United States is projected to remain a leading consumer of bioprocess bags during the forecast period, surpassing a market valuation worth US$ 1.2 Bn by 2030.

    Need more information about Report Methodology? Click here-https://www.factmr.com/connectus/sample?flag=RM&rep_id=3926

    “The coronavirus outbreak and failure of conventional pharmaceutical drugs have resulted in huge investments in biotech industries, which will create huge demand for bioprocess bags till the mid-term forecast period,”

    says a Fact.MR analyst.

    bioprocess bags market regional analysis

    Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/3926

    Targeted Acquisition Strategies by Players to Fuel Market Growth

    Players in the bioprocess bags market space have been strategically focusing on high potential bioprocess bags, and in response, they have invested millions of dollars in acquiring companies across different geographical regions. Under their targeted strategy, prominent players have acquired numerous competitors to strengthen their market position.

    • For instance, Sartorius AG acquired selected assets of the life science business of Danaher Corporation in 2020, to enhance its position in the global biopharma market.
    • In 2019, ThermoFisher strategically acquired two companies – API manufacturing company named Glaxo-Smith-Kline, and Brammer Bio, a viral vector manufacturer.

    Such strategies will assist stakeholders to progress in the global bioprocess bags market over the forecast period.

    Explore More Trending Reports of Fact.MR

    Microfibrillated Cellulose (MFC) Fiber Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

    Nano Crystalline Soft Magnetic Materials Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

    High Purity Quartz Sand Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030

    About Fact.MR
    Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
    Reach out to us with your goals, and we’ll be an able research partner.

    Contact:
    US Sales Office:
    11140 Rockville Pike
    Suite 400
    Rockville, MD 20852
    United States
    Tel: +1 (628) 251-1583

    Corporate Headquarter:
    Unit No: AU-01-H Gold Tower (AU),
    Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers,
    Dubai, United Arab Emirates
    E: sales@factmr.com
    Website: https://www.factmr.com

    The post Demand for 3D Bioprocess Bags is Poised to Embark on a Positive Growth Trajectory, Registering a CAGR of 9% Over The Forecas appeared first on The Cloud Tribune.

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