Bioreactors Market is expected to grow at a CAGR of 6.5% during the forecast period 2018 to 2025 and accounts for US$ 4,453.1 Mn in the year 2025.
Bioreactors market is segmented into product class and application. On the basis of product, the market is segmented into benchtop (Up To15l), pilot scale (15 - 1000L) and industrial scale (>1000L). The market based on the application is segmented microbial application and cell culture. The global bioreactors market is expected to reach US$ 4,453.1 Mn in 2025 from US$ 2,760.5 Mn in 2017. The market is estimated to grow with a CAGR of 6.5% from 2018-2025.
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The bioreactor is a vessel in which a chemical process is carried out which involves organisms or biochemically active substances derived from such organisms. This process can either be aerobic or anaerobic. These bioreactors are commonly cylindrical, ranging in size from liters to cubic meters, and are generally made of stainless steel. Key factors driving the market are rapid growth of pharmaceutical and biotechnology industry, increasing investments in R&D and other activities and technological advancements in bioreactors. The report would be of an interest to various stakeholders operating in the bioreactors market. These stakeholders include healthcare institutes, research institutes, bioreactors product manufacturers and vendors, research consulting firms, bioreactors service providers, distributors and others.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
1. Merck KGaA
2. Applikon Biotechnology BV
3. Thermo Fisher Scientific, Inc.
5. Bioengineering AG
6. Solaris Biotechnology Srl
7. Praj Industries
8. Sartorius AG
9. Danaher (Pall Corporation)
10. General Electric
The objective of the study is to describe, define, and forecast the bioreactors market by product class and application, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall bioreactors market.
The report analyzes factors affecting market from both demand and supply side and further evaluates bioreactors market dynamics effecting the bioreactors market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
The objectives of this report are as follows:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the bioreactors market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global bioreactors market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Also, key Bioreactors Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Table of Contents:
1. INTRODUCTION 21
1.1 SCOPE OF THE STUDY 21
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 21
2. GLOBAL BIOREACTORS MARKET – KEY TAKEAWAYS 22
3. GLOBAL BIOREACTORS MARKET – MARKET LANDSCAPE 25
3.1 OVERVIEW 25
3.2 MARKET SEGMENTATION 25
3.2.1 Global Bioreactors Market – By Product Class 26
3.2.2 Global Bioreactors Market – By Application 26
3.2.3 Global Bioreactors Market – By Geography 27
3.3 PEST ANALYSIS 28
3.3.1 North America – PEST Analysis 28
3.3.2 Europe– PEST Analysis 30
3.3.3 Asia Pacific – PEST Analysis 32
3.3.4 Middle East And Africa– PEST Analysis 34
3.3.5 South and Central America – PEST Analysis 36
4. GLOBAL BIOREACTORS MARKET – KEY MARKET DYNAMICS 38
4.1 KEY MARKET DRIVERS 38
4.1.1 Increased Acceptance of Single-Use Bioreactors 38
4.1.2 Rapid Growth of Pharmaceutical and Biotechnology Industry 38
4.1.3 Increasing Investments in R&D and Other Activities 39
4.1.4 Technological Advancements in Bioreactors 40
4.2 KEY MARKET RESTRAINTS 40
4.2.1 Stringent Regulatory Framework 40
4.2.2 Availability of Alternative Techniques for Bioreactors 40
4.3 KEY MARKET OPPORTUNITIES 41
4.3.1 High Market Potential In Emerging Economies 41
4.3.2 Rising Demand of Personalized Medicine 41
4.4 FUTURE TRENDS 42
4.4.1 Rapid Adoption of Ionic Liquids 42
4.5 IMPACT ANALYSIS 42
5. BIOREACTORS MARKET – GLOBAL ANALYSIS 43
5.1 GLOBAL BIOREACTORS MARKET REVENUE FORECASTS AND ANALYSIS 43
5.2 GLOBAL BIOREACTORS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 44
5.3 PERFORMANCE OF KEY PLAYERS 45
5.3.1 Merck KGaA 45
5.3.2 Applikon Biotechnology BV 45
5.3.3 Thermo Fisher Scientific Inc. 45
5.4 EXPERT OPINIONS 46
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