Report ID: SQMIG35A2807
Report ID:
SQMIG35A2807 |
Region:
Global |
Published Date: September, 2024
Pages:
219
|
Tables:
87 |
Figures:
66
Global Bioprocess Containers Market size was valued at USD 2.10 billion in 2022 and is poised to grow from USD 2.63 billion in 2023 to USD 15.87 billion by 2031, growing at a CAGR of 25.20% during the forecast period (2024-2031).
Surging demand and popularity of personalized medicine around the world is projected to primarily augment the sales of bioprocess containers going forward. Advancements in bioprocess container technologies and rising investments in biotechnology research and development are also forecasted to create new opportunities for bioprocess containers providers in the future. Development of new microarrays and growing use of bioprocess containers in genomics and proteomics are also predicted to create new business scope for bioprocess containers companies over the coming years. Rising emphasis on device miniaturization, advancements in microfluidics, and rising demand for organoids are also estimated to be top drivers for bioprocess containers market development in the future. High incidence of chronic diseases and demand for early diagnostics will also play a vital role in bioprocess containers market growth going forward. On the contrary, complexity in design and operation, high costs of development, and limited awareness regarding its benefits are key constraints that impede bioprocess containers market development around the world.
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Report ID: SQMIG35A2807