Bioreactors Market Perspective, Comprehensive Analysis and Forecast by 2023

Bioreactors are large vessels used in the industries that provide optimum conditions for the growth of microorganisms to carry out biochemical process. Bioreactors are used to speed up the biochemical process such as fermentation and antibiotic drug production, where bacteria or yeast are added as inoculum to carry out the reaction. There are different types of bioreactors and continuously stirred tank bioreactors, bubble column bioreactors, airlift bioreactors, fluidized bed bioreactors, packed bed bioreactors, and photo-bioreactors.

Increase in a shift to single-use technology and an increase in incidences of lifestyle diseases such as diabetes and cancer that raises the demand for medicine production drives the market. In addition, growth in popularity of single-use bioreactor among biopharmaceutical companies and increase in biologics boosts the market growth. However, low capacity of single-use bioreactor and concerns regarding extractable restraint the market growth.

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The report segments the market on the basis of product, application, scale, material, control type, end user, and geography. Based on material, it is bifurcated into the glass and stainless steel. Based on application, it is classified into lab-scale production, pilot-scale production, and full-scale production.

Based on the scale, the market is divided into 5L-20L, 20L-200L, 200L-1,500L, and above 1,500L. Based on control type, the market is categorized into manual and automated. Based on the end user, it is segmented into biopharmaceutical manufacturers, life science R&D companies & academic research institutes, and contract research organizations & manufacturers. By geography, the global bioreactor market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Major Players:

• Finesse Solutions Inc.
• Applikon Biotechnology B.V.
• PBS Biotech Inc.
• Danaher Corporation
• Sartorius AG
• Eppendorf AG
• ZETA Holding GmbH
• GE Healthcare
• Solaris Biotechnology srl
• Pierre Guerin Technologies
• Thermo Fisher Scientific Inc
• Merck KGaA.

Key Benefits:

• The study provides an in-depth analysis of the global bioreactor market, with current trends and future estimations to elucidate imminent investment pockets.

• It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.

• Extensive analysis of the market by product type assists to understand the various forms of bioreactors available.

• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.

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