Middle East & Africa Bioprocess Bags Market Size & Outlook
Middle East & Africa bioprocess bags market, 2018-2030 (US$M)
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MEA bioprocess bags market highlights
- The MEA bioprocess bags market generated a revenue of USD 120.6 million in 2023.
- The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, 2d bioprocess bags was the largest revenue generating product in 2023.
- 3D bioprocess bags is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 120.6 million |
| Market revenue in 2030 | USD 354.3 million |
| Growth rate | 16.6% (CAGR from 2023 to 2030) |
| Largest segment | 2d bioprocess bags |
| Fastest growing segment | 3D bioprocess bags |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2D bioprocess bags, 3D bioprocess bags, Other bags & accessories |
| 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.6% of the global bioprocess bags market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,084.0 million by 2030.
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Bioprocess Bags Market Scope
Bioprocess Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa bioprocess bags market outlook
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.
2d bioprocess bags was the largest segment with a revenue share of 46.52% in 2023. Horizon Databook has segmented the Middle East & Africa bioprocess bags market based on 2d bioprocess bags, 3d bioprocess bags, other bags & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa market bioprocess bags market is expected to witness slow growth over the forecast period owing to heterogeneity in the economic progress of countries. Furthermore, pharmaceutical, biotechnology, healthcare, and other related life science sectors require a skilled pool of employees and high investment in R&D. Lack of skilled personnel is limiting market growth in this region.
Frequent economic turmoil in the region further limits progress. South Africa is the most notable market owing to its high GDP and rapid economic growth. However, the recent macroeconomic crisis in South Africa has resulted in reduced research funding. This is projected to further inhibit market growth in the coming years.
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Our clientele includes a mix of bioprocess bags market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bioprocess bags market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bioprocess bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA bioprocess bags market size, by country, 2018-2030 (US$M)
Middle East & Africa Bioprocess Bags Market Outlook Share, 2023 & 2030 (US$M)
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