Blow-Fill-Seal (BFS) Packaging Services In Healthcare Market to Score Past US$ 437.8 Million Valuation by 2026

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The Global Blow-Fill-Seal (BFS) Packaging Services in Healthcare Market, By Product Type (Bottles, Vials, Ampoules, and Pre-filled Syringes and Injectable), By Material Type (Polypropylene and Polyethylene (High-density Ethylene and Low-density Ethylene)), and By Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa), was valued at US$ 240.2 million in 2017 and is projected to exhibit a CAGR of 6.9% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.

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The global blow-fill-seal (BFS) packaging services in healthcare market is expected to grow during the forecast period through the active involvement of key players in the market. For example, Recipharm AB opened a new manufacturing facility in Kaysersberg, France in March 2018 to increase its manufacturing capacity. The company has installed its blow fill seal technology at its manufacturing plant which makes filling and sealing much faster. Therefore, the global blow fill seal packaging market is expected to grow during the forecast period due to introduction of new manufacturing facilities.

Moreover, the global blow-fill-seal (BFS) packaging services in healthcare market is also expected to grow through acquisitions and collaborations by key players in the market. For example, Recipharm AB, a contract development and manufacturing company acquired Sanofi’ contract inhalation products manufacturing facility in October 2018. The acquisition comprises all the manufacturing and operational facilities of inhalation products. The strategy adopted by Recipharm AB was to adopt specialist, in-demand capabilities into its services. Therefore, this factor is expected to drive the growth of the global blow-fill-seal (BFS) packaging services in healthcare market.

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Rollprint Packaging Products Inc. launched the Autobahn Tear-Open Flow Wrap in January 2016. It is a film that is used to seal blow fill surgical devices, vials, and diagnostic devices. This aluminum flow-wrap foil provides quick sealing which increases the cycle capacity of up to 400 packages per minute. Manufacturing companies and contract development organizations are adopting such products which is expected to accelerate the growth of the global blow-fill-seal (BFS) packaging services in healthcare market.

Moreover, the global blow-fill-seal (BFS) packaging services in healthcare market is expected to grow during the forecast period owing to strategies adopted by key players such as mergers, collaborations, and acquisitions. For example, Catalent Inc. acquired Cook Pharmica, a contract development and manufacturing company in September 2017, to strengthen its services and offerings. It comprises drug substance and drug product manufacturing, and related services.

Browse 26 Market Data Tables and 32 Figures spread through 178 Pages and in-depth TOC on Global Blow-Fill-Seal (BFS) Packaging Services in Healthcare Market, By Product Type (Bottles, Vials, Ampoules, and Pre-filled Syringes and Injectable), By Material Type (Polypropylene and Polyethylene (High-density Ethylene and Low-density Ethylene)), and By Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) – Global Forecast to 2026.

To know the latest trends and insights prevalent in the Global Blow-Fill-Seal (BFS) Packaging Services in the Healthcare Market press release, click the link below: https://www.coherentmarketinsights.com/press-release/blow-fill-seal-bfs-packaging-services-in-healthcare-market-to-surpass-us-4378-million-threshold-by-2026-1441

Key Takeaways of the Global Blow-Fill-Seal (BFS) Packaging Services in Healthcare Market:

• The global blow-fill-seal (BFS) packaging services in healthcare market is expected to witness a CAGR of 6.9% during the forecast period (2018 – 2026) due to the rising number of manufacturing facilities.
• The global blow-fill-seal (BFS) packaging services in healthcare market is expected to grow during the forecast period, owing to strategies adopted by key players such as mergers, collaborations, and acquisitions.
• The growth of the global blow-fill-seal (BFS) packaging services in healthcare market is expected to be driven by advancements in the blow fill seal technology.
• Major players operating in the global blow-fill-seal (BFS) packaging services in healthcare market are Recipharm AB, Automatic Liquid Packaging Solutions, LLC, Nephron Pharmaceuticals Corporation, Robert Bosch Packaging Technology GmbH, Catalent, Inc, Horizon Pharmaceuticals, Inc., Unither, ApiJect Systems Corporation, LESVI, and Asept Pak, Inc.

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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