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Blow Fill Seal Technology Market: North America Rules the Roost with over 35 Percent Market Share in 2019

Constant Pressure on Pharmaceutical Manufacturers to Maintain Affordable Pricing Can Hamper Blow Fill Seal Technology Market Growth

 

Rockville, MD -- (SBWIRE) -- 05/15/2019 -- Blow fill has been the one of the most accepted methods for aseptic packaging of pharmaceutical and healthcare products owing to its inimitable flexibility in container design, product output, overall product quality and low operation costs. The popularity of blow fill seal technology is mainly attributed to pruning human intervention, which tends to reduce the vulnerability of foreign particulates and microbial contamination. After making its mark in liquid pharmaceutical applications, including containers such as ophthalmic and respiratory drug ampoules; saline or dextrose solutions, blow fill seal (BFS) technology has made inroads into biologics and into injectable, including monoclonal antibodies (mAbs) and vaccines.

Blow fill seal technology adopts quality-by-design principles by simplifying the manufacturing process and being dependent on automation. The proprietary filling technology has been designed to dramatically contain level of foreign particulates in the vial vis-à-vis glass vial manufacturing. In addition, sheer automated nature of the blow fill seal processing leads to reduced waste generation, low energy consumption and lower carbon footprint.

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Blow fill seal technology substantiates a niche market within a larger blow fill seal marketplace for pharmaceutical packaging equipment. The blow fill seal process has been recognized by world-wide regulatory authorities for its innate operation advantages compared to traditional aseptic production. Meanwhile, escalating regulatory scrutiny in the field of product quality has compelled the pharmaceutical and healthcare industries to opt for alternatives to conventional methods of packaging. Resultantly, pertinent companies are eying for solutions which can propel the sustainability of their operations.

Blow fill technology has helped companies to do away with warehousing prefabricated containers for packaging, thereby underpinning the in-house packaging solutions playing instrumental role in reducing the cost of production. Ergo, blow fill seal technology is being highly sought after in pharmaceutical and food and beverages industries.

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North America is anticipated to undergird the soaring demand for blow fill seal technology with over 35 percent market share in 2019. On the other side, with growing investment in the pharmaceutical industry and all-round effort to enhance health care, Western Europe is slated to hold the second position in the blow fill seal technology market. As stakeholders shift from traditional packaging solutions to blow fill seal technology in South America, Latin America is expected to offer a viable opportunity to the manufacturers in the region.

Blow Fill Seal Technology Market: Overview

The intelligence report on the blow fill seal technology is undergirded by quantitative and qualitative analysis. In addition, the report throws light on the dynamics in the market which have bearing on the growth of the blow fill seal technology, incorporating drivers, trends, restraints, and opportunities. In addition, the report also delineates segmentation to showcases a comprehensive analysis of the blow fill seal technology.

The report does the benchmarking to compare the performance of the business products and processes with the best performances of other companies both inside and outside the industry in quest for superior performance.

The comprehensive assessment of the competitive landscape of the blow fill seal technology relies on Porters' Five Force Analysis. In addition, the Porters' Five Force Analysis delineates the strategies of the leading players in the blow fill seal technology. The in-depth analysis of the pertinent players and their business strategies are propelled by SWOT analysis, company profile, product portfolio and recent development.

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