Market revenue in 2024 | USD 81.9 million |
Market revenue in 2030 | USD 234.6 million |
Growth rate | 19.2% (CAGR from 2024 to 2030) |
Largest segment | Upstream process |
Fastest growing segment | Downstream Process |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Upstream Process, Downstream Process, Process Development |
Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Merck KGaA, Compagnie de Saint-Gobain SA, Corning Inc, Entegris Inc, Meissner, ProAnalytics, CellBios |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioprocess bags market will help companies and investors design strategic landscapes.
Upstream process was the largest segment with a revenue share of 44.32% in 2024. Horizon Databook has segmented the Australia bioprocess bags market based on upstream process, downstream process, process development covering the revenue growth of each sub-segment from 2018 to 2030.
Australia’s excellent research facilities, world-class researchers, and a firm but flexible regulatory framework have made it a powerhouse of pharmaceutical and biotechnology innovation. According to the data published by the Australian Trade and Investment Commission, Australia has become a hub for a thriving network of more than 470 biotechnology companies.
The significant presence of established pharmaceutical & biotechnology companies and extensive R&D initiatives being undertaken by them are expected to create high demand for single-use systems in the country. Bioprocess bags aid in reducing costs associated with complex steps such as maintenance of steel-based bioreactors & accessories, cleaning, and sterilization.
The application of bioprocess bags significantly helps in reducing the R&D costs and initial investments involved in the production of biologics. Moreover, the adoption of bioprocess bags helps increase productivity in the manufacturing process by decreasing the complexity of automation and eliminates the need for changeover validation or cleaning between consecutive operations.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia bioprocess bags market , including forecasts for subscribers. This country databook contains high-level insights into Australia bioprocess bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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