Worldwide Cell Culture Media Bags Market is expected to reach a valuation of US$ 2.67 Bn by 2030

In its new market study, Future Market Insights (FMI) estimates global cell culture media bags market will register impressive growth between 2020 and 2030, progressing at a stellar CAGR of 10.7%. Furthermore, the study projects that the market will surge past a global valuation of US$ 2.6 Bn by 2030.

The report attributes the growth of the market to soaring demand for disposable packaging solutions in life sciences R&D activities and manufacturing of biopharmaceuticals.

Moreover, the emergence of innovative techniques such as four-layered films, which provide exceptional oxygen and moisture barrier properties, is also expected to boost demand.

Having analyzed the impact of the COVID-19 pandemic, the report opines that increasing health concerns and high emphasis on biopharmaceutical research will augur well for market growth during the assessment period.

Key Takeaways

  • 2D bag designs are expected to account for over half of the market value, owing to their high flexibility
  • Very large bags (>3000 ml) will remain the most sought out size, owing to low contamination properties
  • By host cell, the bacterial cell segment is projected to account for the majority of market value, ascribed to an increasing number of studies on diseases caused by bacteria.
  • Biopharmaceutical manufacturing will remain a key end-use segment, capturing over 2/3rds of market value through the forecast period.
  • US will remain the largest market for cell culture media bags globally.

“Market players are investing in new product innovation and are focusing on procuring FDA approvals to facilitate wide-scale deployment,” remarks FMI analyst.

To Know More About This Market, Request A Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12670

COVID-19 Impact

The outbreak of COVID-19 is expected to positively influence the demand for cell culture media bags as players operating in the healthcare and pharmaceutical sectors emphasize on high quality and safe packaging and storing solutions. Moreover, an upsurge in the number of studies and researches during the pandemic to develop a vaccine is, in turn, propelling demand for cell culture media bags.

Likewise, the need for disposable and single-use solutions for applications such as large-scale purification, cell storage, protein purification, and polishing applications in the biopharmaceutical market will continue to offer remunerative opportunities to market players through the pandemic period.

Who is Winning?

Cell culture media bags manufacturers are focusing on developing solutions that address the key challenges such as recycling of multilayer flexible packaging consisting of plastic and barrier materials. Moreover, new product development and strategic partnerships have been identified as key growth strategies adopted by market players.

  • In April 2019, Thermo Fisher Scientific launched a new immunoassay – CEDIA Mitragynine (Kratom) Assay – for kratom alkaloid mitragynine screening solely for criminal justice and forensic applications.
  • In August, 2015, Rim Bio partnered with Playmouth based Sentrol for sales and distribution of its single-use bio containers across the United States.

FMI’s report includes profiles of some of the most prominent names in the market including Parker Hannifin Corp, Pall Corporation, Sartorious AG, Thermo Fisher Scientific Inc., and GE Healthcare Inc.

To Know More About Cell Culture Media Bags Market

A new market research report published by Future Market Insights (FMI) on the global cell culture media bags market offers a blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – bag size, bag design, application, hostel cell, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

Request Table of Contents and Figures @ https://www.futuremarketinsights.com/reports/cell-culture-media-bags-market/table-of-content

Table of Content

  1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

  1. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

    2.3. Inclusion and Exclusions

  1. Key Market Trends

    3.1. Key Trends Impacting the Market 

    3.2. Bag Size Innovation / Development Trends

  1. Key Success Factors

    4.1. Bag Size Adoption Rate/Usage Analysis- Key Statistics

    4.2. Key Promotional Strategies, By Key Manufacturers

    4.3. Pipeline Analysis

    4.4. Diseases Epidemiology By Region

    4.5. Key Regulations, By Region

  1. Market Background

    5.1. Macro-Economic Factors

        5.1.1. Global GDP Growth Outlook

        5.1.2. Global Healthcare Expenditure Outlook

        5.1.3. Global Pharmaceutical Industry Outlook

    5.2. Forecast Factors – Relevance & Impact

        5.2.1. Growing Demand for Disposable Packaging Solutions

        5.2.2. Increasing Prevalence of Chronic Diseases 

        5.2.3. Increased Shelf Life Offered by Single-Use Bags

        5.2.4. Growing Applications in Primary Packaging

        5.2.5. Increasing Production of Antibodies for Treatment of Disease

        5.2.6. Rapid Progress in the Areas of Biopharmaceuticals, Oncology, and Stem Cell Research 

        5.2.7. Rising Number of Parenteral Bag Sizes in Pipeline 

    5.3. Value Chain

    5.4. Market Dynamics

        5.4.1. Drivers

        5.4.2. Restraints

        5.4.3. Opportunity Analysis

  1. COVID19 Crisis Analysis

    6.1. Current COVID19 Statistics and Probable Future Impact

    6.2. Current GDP Projection and Probable Impact

    6.3. Current Economic Projection as compared to 2008 financial analysis

    6.4. COVID19 and Impact Analysis

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