Market revenue in 2024 | USD 27.9 million |
Market revenue in 2030 | USD 62.5 million |
Growth rate | 14.4% (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 43.37% in 2024. Horizon Databook has segmented the Norway bioprocess bags market based on upstream process, downstream process, process development covering the revenue growth of each sub-segment from 2018 to 2030.
Norway’s substantial healthcare infrastructure and strong government support are expected to positively impact the bioprocess bags market. The country spends around 10.1% of its GDP on healthcare, which totaled over USD 43 billion in 2021.
Furthermore, a rise in the prevalence of chronic diseases and the rapidly aging population in the country are expected to drive the life sciences research & development activities for the development of new therapeutics. In addition, a national strategy for biotechnology was established in Norway in 2011–2020 to boost the potential contributions of biotechnology to the country’s economy.
Such initiatives are likely to generate high demand for biotechnology instruments and equipment to support the country’s rapidly developing economy. These factors are projected to enhance market growth in Norway.
Horizon Databook provides a detailed overview of country-level data and insights on the Norway bioprocess bags market , including forecasts for subscribers. This country databook contains high-level insights into Norway bioprocess bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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