Global Blow Fill Seal Technology Finds Lucrative Opportunities in Medical and F&B Sectors
Blow-Fill-Seal (BFS) technology is used to manufacture liquid-filled polymer containers as small volume (0.1mL to 99mL) as well as large volume (100mL and above). Initially developed in Europe, the technology has gained acceptance in North America over the years with the pharmaceutical market being a significant end0use segment. The global blow fill seal technology market is forecasted to grow at an impressive CAGR of nearly 8% through the forecast period, according to a new market study by XploreMR.
The market growth is primarily attributed to the booming demand for technologies in the healthcare landscape. Moreover, the BFS technology is considered an efficient methodology with a relatively lower risk of human error. On this premise, the technology has received the approval of the U.S. Food and Drug Administration (FDA) and has been gradually replacing conventional technologies in applications such as filling of eyedrops, infusions, inhalation, and other parenteral preparations. The aforementioned factors will continue to navigate the market on a positive growth trajectory through the forecast period.
Non-medical Adherence Transmutes into Major Remunerative Opportunity
XploreMR recently published a report titled, “Blow Fill Seal Technology Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018-2027” which provides in-depth and actionable insights into the blow fill seal technology market. The report provides a comprehensive historical analysis of the blow fill seal technology market along with an exclusive and accurate forecast of the market.
The study provides a detailed analysis of all the key market dynamics which influence the performance of the blow fill seal technology market along with explanations justifying their inclusion in the report. Additionally, the report provides a comprehensive assessment of all the key market facets including market drivers, threats, restraints, challenges, opportunities, and trends.
Blow Fill Seal Technology – Executive Summary
The report on blow fill seal technology commences with an executive summary of the market that provides brief yet affluent information about the market in terms of value and volume. In addition to this, the summary lists exclusive recommendations from XploreMR analysts that can be leveraged to gain a competitive edge in the blow fill seal technology market.
Blow Fill Seal Technology Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018-2027Buy Now
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