{"id":52095,"date":"2022-12-16T19:02:08","date_gmt":"2022-12-16T18:02:08","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/specimen-containers-market-size-share-trends-analysis-report-2022-polypropylene-pp-containers-accounted-for-the-largest-market-share-of-45-in-2021-forecasts-to-2030-researchandmarkets-com\/"},"modified":"2022-12-16T19:02:08","modified_gmt":"2022-12-16T18:02:08","slug":"specimen-containers-market-size-share-trends-analysis-report-2022-polypropylene-pp-containers-accounted-for-the-largest-market-share-of-45-in-2021-forecasts-to-2030-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/specimen-containers-market-size-share-trends-analysis-report-2022-polypropylene-pp-containers-accounted-for-the-largest-market-share-of-45-in-2021-forecasts-to-2030-researchandmarkets-com\/","title":{"rendered":"Specimen Containers Market Size, Share & Trends Analysis Report 2022: Polypropylene (PP) Containers Accounted for the Largest Market Share of 45% in 2021 – Forecasts to 2030 – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “Specimen Containers Market Size, Share & Trends Analysis Report by Raw Material (Polypropylene, PVC), by Type (Airtight Containers, Vials), by End-user, by Region, and Segment Forecasts, 2022-2030”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

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\nThe global specimen containers market size is anticipated to reach USD 3.05 billion by 2030, expanding at a CAGR of 4.85% from 2022 to 2030.\n<\/p>\n

\nThe increasing prevalence of chronic disorders, technological advancements, and the rising geriatric population are the key factors driving the market.\n<\/p>\n

\nThe COVID-19 pandemic in 2020 has positively affected market growth. The rise in swab specimen collection by laboratories has resulted in a significant increase in the demand for patient at-home sample collection services. In addition, collecting samples such as urine, sputum, and blood from patients is a common way to look for and diagnose illnesses such as coronavirus in the body.\n<\/p>\n

\nDue to this tendency, the market for specimen containers is growing in terms of revenue and sales volume. However, restrictions on environmental matters relating to the materials used and issues with paper and plastics in landfills are preventing industrial growth.\n<\/p>\n

\nThe players focus on adopting various growth strategies, such as partnerships, mergers and acquisitions, and expansion of product portfolio. For instance, in December 2021, PPD, Inc., a U.S.-based global provider of clinical research services to the biotech and pharma industry, was bought by Thermo Fisher Scientific Inc. as part of the biopharma services and laboratory products segment for USD 15.99 billion in net cash consideration and USD 43 million in exchanged equity awards.\n<\/p>\n

\nThe inclusion of PPD’s clinical research services improves the company’s ability to serve biotech and pharmaceutical clients by allowing them to quicken innovation and boost output during the drug development process. PPD generated 4.68 billion USD in revenue in 2020, which is expected to increase the growth of the market.\n<\/p>\n

\nSpecimen Containers Market Report Highlights<\/strong>\n<\/p>\n