Dublin, February 23, 2023 /PR Newswire/ — “Blow Fill Seal Technology Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2018-2028, By Raw Material (LDPE, PP, etc.), By Product Type (Bottles, Ampoules, Vials, Prefilled Syringes & Injectables) ), by end-use, by region, by competition” report added of ResearchAndMarkets.com Recruitment.
The global blow fill seal technology market is anticipated to witness robust growth during the forecast period of 2024-2028. Germany was a major pharmaceutical market for Europe with total earnings over US$45 billion 2020.
Blow-fill-seal (BFS) technology uses a polymeric material to form the container. BFS is commonly used for single dose pharmaceutical packaging. However, it has not yet been used for vaccine packaging. Blow molding combined with aseptic filling methods allows container construction, filling and sealing to be integrated into a single production line.
Additionally, the growing demand for qualitative procedures for filling out parental preparation forms increases their market value. Increasing demand from the food and beverage industry, as well as growth and expansion of the pharmaceutical industry, especially in developing countries, will drive further growth in market value. Other market growth variables include increasing penetration of e-commerce, especially in developing countries, and increasing demand for innovative packaging solutions. In addition, rising modernization, importance of product customization by important manufacturers, increasing consumption of single dose pharmaceuticals, and increasing personal disposable income are other factors boosting the market growth.
Increased demand from the pharmaceutical industry
The major factor driving the blow-fill-seal (BFS) technology industry is the expansion of the pharmaceutical and packaging sectors. Blow-fill-seal (BFS) technology uses a polymeric material to form the container. BFS is commonly used for single dose pharmaceutical packaging. However, it has not yet been used for vaccine packaging. Blow molding combined with aseptic filling methods allows container construction, filling and sealing to be integrated into a single production line.
According to the European Federation of Pharmaceutical Manufacturers’ Associations (EFPIA), by 2021: North America It accounts for 49.1% of global pharmaceutical sales, while the US accounts for 23.4%. EuropeAdditionally, in 2020 the pharmaceutical industry will US$39.6 billion Under research and development EuropeAll these factors are driving the growth of the market.
Blow-fill-seal technology helps prevent medical non-compliance
Over the last three decades, poor medical adherence has become a major problem in the healthcare sector, jeopardizing patient safety and driving up healthcare costs. The healthcare industry is constantly working to facilitate drug utilization by developing new drug delivery systems and packaging to ensure patients receive the right dose at the right time.
Inappropriate drug use by patients threatens the U.S. healthcare system, according to IMS Health research. $210 billion per year. As a result of this predicament, there is now a desire for pharmaceuticals that are precisely dosed, easy to use, and provide a degree of patient comfort. In addition, protective packaging improves drug accuracy and reduces drug contamination when packaging drugs in single doses using blow-fill-seal technology.
In this report, the global blow fill seal technology market is segmented into following categories along with the industry trends detailed below:
Blow Fill Seal Technology Market by Raw Material:
Blow Fill Seal Technology Market by Product Type:
- bottle, ampoule
- prefilled syringes and syringes
Blow Fill Seal Technology Market by End Use:
- food and beverage
Blow Fill Seal Technology Market by Region:
- North America
- Asia Pacific
- middle east and Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
- south america
1. Product overview
2. Survey method
4. Customer feedback
5. Global Blow Fill Seal Technology Market Outlook
6. Europe blow fill seal technology market outlook
7. North America Blow Fill Seal Technology Market Outlook
8. Asia Pacific Blow Fill Seal Technology Market Outlook
9. middle east and Africa blow fill seal technology market outlook
10. South America Blow Fill Seal Technology Market Outlook
11. Market dynamics
12. Market Trends and Developments
13. Global Blow Fill Seal Technology Market: SWOT Analysis
14. Porter’s Five Forces Analysis
15. Competitive environment
16. Strategic Recommendations
A selection of companies mentioned in this report include:
- Amanta Healthcare Co., Ltd.
- Unizer Pharmaceutical
- Pharmapack Co., Ltd.
- Catalent Co., Ltd.
- Clida AS
- Unipharma LLC
- Wyler Engineering Co., Ltd.
- Takeda Pharmaceuticals International AG
- Nephron Pharmaceuticals Corporation
Learn more about this report here https://www.researchandmarkets.com/r/smwdji-fill-seal?w=5
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