The Latin America, Middle East and Africa Bioprocess Containers Market would witness market growth of 30.1% CAGR during the forecast period (2021-2027).
Bioprocess containers are considered a better alternative to traditional stainless-steel systems. Various features such as physical & mechanical properties and biological compatibility are the important factors responsible for the efficient working of bioprocess containers. The Bioprocess containers are majorly used for pharma & biotech, bioresearch, coatings and composites, and agro ingredients.
Also, these bioprocess containers are utilized for drug delivery, cell culture products, and other such activities. Moreover, these containers bring down the energy costs to decrease the utility needs, reduce cleaning validation efforts, decrease water & chemical utilization, and provide flexibility during the manufacturing process.
The demand for personalized medicines is attracting individual start-ups and research companies to invest in the region. Single-use goods eliminate the need for costly equipment, resulting in cost-effective solutions and lowering the danger of product cross-contamination during the mixing and storage process. Therefore, these factors would create lucrative growth opportunities for the regional bioprocess market during the forecasting period.
The Brazil market dominated the LAMEA Bioprocess Containers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $180.5 million by 2027. The Argentina market would exhibit a CAGR of 30.8% during (2021 - 2027). Additionally, The UAE market is anticipated to grow a CAGR of 29.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Bioprocess Containers Market is Predict to reach $11.9 Billion by 2027, at a CAGR of 26.2%
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).
By Type
By Application
By End User
By Country
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