Bioreactors Market Analysis to 2025 - Merck KGaA, Sartorius, Eppendorf, General Electric, Bioengineering, Solaris Biotechnology, Thermo Fisher Scientific, Applikon Biotechnology, Danaher, and Praj Industries
Increasing investments in R&D and other activities is driving the market for bioreactors over the forecast period
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.
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The prominent players operating in bioreactors market are Thermo Fisher Scientific Inc., Applikon Biotechnology BV, Merck KGaA, Sartorius AG, Eppendorf, General Electric, Bioengineering AG, Solaris Biotechnology Srl, Danaher (Pall Corporation), and Praj Industries. The market players are focused towards bringing new and innovative products and services to sustain their position in the market.
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.
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 market for bioreactors is expected to grow due to rapid growth of biotechnology & pharmaceutical industry, technological advancements and increasing investments in R&D and others activities. In addition, growth of pharmaceutical and medical device outsourcing as well as high potential of emerging nations are likely to have a positive impact on the growth of the bioreactors market in the coming years.
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The report segments the global bioreactors market as follows:
Global Bioreactors Market – By Product Class
- Benchtop (up to15L) Bioreactors
- Pilot Scale (15-1000L) Bioreactors
- Industrial Scale(>1000L) Bioreactors
Global Bioreactors Market – By Application
- Microbial Application
- Multi-Use Bioreactors
- Glass Bioreactors
- Stainless Steel Bioreactors
- Single-Use Bioreactors
- Cell Culture Application
- Multi-Use Bioreactors
- Glass Bioreactors
- Stainless Steel Bioreactors
- Single-Use Bioreactors
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