Bioreactors Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis, For 2022–2030

Bioreactors Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis, For 2022–2030

The global bioreactors and fermenters market size is expected to reach USD 7.04 Billion in 2030 and register a revenue CAGR of 10.0% during the forecast period.

The global Bioreactors market size is expected to reach USD 7.04 Billion by 2030 at a CAGR of 10.0% through the forecast period, according to the latest report by Reports and Data. Increasing popularity of single-use bioreactor among biopharmaceutical companies to cultivate biologics is the key factor expected to drive market revenue growth over the forecast period.

Bioreactors are culture systems to produce organisms or cells. They are used in various applications, including the manufacturing of biopharmaceuticals, basic research development, chemicals, food food additives, and other products. Cultivating cells and microbes in bioreactors can save work, time, and lab-space. It also improves the reproducibility and efficiency of cell growth and product formation.

Increasing focus of biologics manufacturers to scale-up production technologies for biologics is expected to stimulate global Bioreactors market trends. Moreover, surging demand for personalized medicines coupled with rising number of FDA approved orphan drugs has led to increased bio production, which in turn is expected to offer major opportunities for the industry growth in the coming years.

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Some Key Highlights in the Report:

  • Based on type, the single-use bioreactors segment is expected to account for largest revenue share over the forecast period. The robust growth can be attributed to various benefits associated with single-use bioreactors, including easy set up for continuous processing and ease of use as compared to stainless steel bioreactors. Single-use bioreactors reduce maintenance costs save space as they do not require the same utility and piping infrastructure as traditional stainless-steel bioreactors.
  • Based on application, the biopharmaceutical companies segment is expected to contribute significantly to the global Bioreactors market revenue share over the forecast period. Increasing usage of Bioreactors for cultivating a broad range of cell types and organisms, including cells (like mammalian insect cells, stem cells, cell lines), plant cells algae, microorganisms (like bacteria, fungi, yeasts), and others.
  • The contract manufacturing organization (CMOs) segment is estimated to observe notable growth during the forecast period on account of growing outsourcing needs for biologics manufacturers as a result of increased demand of biologics.
  • In the regional landscape, North America accounted for the largest revenue share in Bioreactors market in 2020 and is expected to register rapid revenue CAGR over the forecast period. Market growth is driven by growth in number of bio manufacturing facilities and investments in this region. Moreover, active support of the regional governments to boost biologics production by providing funds to life science RD will also contribute to revenue growth of the market over the forecast period.

  Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product service portfolio. The Bioreactors market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in RD, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.

Leading companies operating in the market are:

  • Getinge AB
  • PBS Biotech, Inc.
  • Sartorius AG
  • Eppendorf SE
  • General Electric Company
  • Solaris Biotechnology Srl
  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • ElectRoLAb Biotech Ltd.
  • Bioengineering AG.

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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:

  Bioreactors Market Segmentation:

Type Outlook:

  • Single-use Bioreactors
  • Multiple-use Bioreactors

Application Outlook:

  • Fed-batch
  • Continuous
  • Batch

End-use Outlook:

  • Biopharmaceutical Companies
  • Beverage Companies
  • Contract Research Organization (CRO)
  • Academic and Research Institutions

Geographic Segment Covered in the Report:

The Bioreactors report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (the USA and Canada)
• Europe (UK, Germany, France, and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• the Middle East and Africa (GCC and the rest of the Middle East and Africa)

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  Key market aspects are illuminated in the report:

  • Executive Summary: It covers a summary of the most vital studies, the Global Bioreactors market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
  • Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Bioreactors market, the years measured, and the study points.
  • Company Profile: Each Firm well-defined in this segment is screened based on a products, value, SWOT analysis, their ability and other significant features.
  • Manufacture by Region: This Global Bioreactors report offers data on imports and exports, sales, production and key companies in all studied regional markets.

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