During the period 2018-2027, the blow fill seal technology market is expected to grow at a rapid pace. The growing demand for effective packaging solutions in the pharmaceutical and food and beverage industries is expected to drive the blow fill seal technology market forward. The precision and accuracy of blow fill seal technology in the production of unit dose packaging is a major reason for its broad use in the pharmaceutical industry.
A real example of the problem emerged after studies revealed that almost half of the US population failed to take medication according to the instructions. According to another study, medical non-adherence costs the US healthcare system an additional $200 billion per year.
Blow Fill Seal Technology Market Competitive Analysis
Catalent, Inc., Unipharma LLC, GlaxoSmithKline plc, Recipharm AB, Laboratorios SALVAT, S.A., Amanta Healthcare, Asept Pak, Inc., SIFI S.p.A, and others are some of the leading competitors in the blow fill seal technology industry. Horizon Pharmaceuticals, Takeda Pharmaceuticals AG, Unither Pharmaceuticals, The Ritedose Corporation, Automatic Liquid Packaging Solutions LLC, Pharmapack Co. Ltd., Unicep Packaging, LLC., NuPharm, BioConnection, Plastikon, Gerresheimer AG, and LyondellBasell Industries N.V.
These major players in the blow fill seal technology market are concentrating their efforts on strengthening their positions.
Ability to Accommodate Automation is Driving Growth in the Blow Fill Seal Technology Market.
Blow fill seal technique, in addition to enabling accurate packaging, can be automated, allowing pharmaceutical manufactures to package medications continuously without the need for human involvement in a sterile and aseptic environment, reducing production errors dramatically. Blow fill seal technology’s ability to seal plastic syringes and vials could be useful.
Because of the hazards connected with the use of glass vials, which can break and enter patients’ bodies or shatter during transportation, demand for plastic vials created utilising blow fill seal technology is slowly developing.
These major companies in the blow fill seal technology industry are attempting to strengthen their positions.
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