Report ID: SQMIG35A2807
Report ID:
SQMIG35A2807 |
Region:
Global |
Published Date: September, 2024
Pages:
219
|
Tables:
87 |
Figures:
66
Presence of key pharmaceutical and biopharmaceutical companies in the North American region allows it to account for a dominant share in the global landscape. Supportive government initiatives to promote medical research are also expected to help promote sales of bioprocess containers in this region. High healthcare expenditure and the growing use of biologics in countries such as the United States and Canada will also create new opportunities for bioprocess container providers going forward. Increasing approvals of new biologics and high demand for the same are also estimated to uplift bioprocess containers market growth potential in the North American region through 2031.
The demand for bioprocess containers is projected to increase at a robust pace in the Asia Pacific region across the forecast period and beyond. Rising investments in healthcare infrastructure development, establishment of multiple new CROs and CMOs in this region, and low manufacturing costs are some key factors that help this region become the most opportune one for bioprocess container companies. India and China are slated to be the top markets for bioprocess container providers looking to make a mark in this region. Supportive government initiatives and funding to promote healthcare manufacturing in this region will also generate new opportunities in the future.
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Report ID: SQMIG35A2807