2027 Bioreactors Market is estimated to grow at a CAGR of 6.3% led by Applikon Biotechnology BV, Merck KGaA, Sartorius AG, Eppendorf, General Electric, Bioengineering AG, Biotechnology Srl
The global bioreactors market accounted to US$ 2,850.2 Mn in 2018 and is expected to grow at a CAGR of 6.3% during the forecast period 2019 - 2027, to account to US$ 4,811.5 Mn by 2027.
According to a new market research study titled ‘Bioreactors Market - global bioreactors market accounted to US$ 2,850.2 Mn in 2018 and is expected to grow at a CAGR of 6.3% during the forecast period 2019 - 2027, to account to US$ 4,811.5 Mn by 2027. The report highlights the trends prevalent in the global bioreactors market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to due to increasing healthcare expenditures research and development as well as outsourcing services, however, the availability of alternative virus clearance methods is hindering the market.
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Bioreactors Market to 2027- Global Analysis and Forecasts by Product Class (Benchtop (Up To15l), Pilot Scale (15 - 1000L) and Industrial Scale (>1000L)); Application (Microbial Application and Cell Culture); Process (Bio production, Research & Development, and Process Development) and Geography
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Bioreactors Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Some of 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 research report provides an in-depth analysis of the major Bioreactors industry leading players along with the company profiles and strategies adopted by them. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.
The Asia Pacific bioreactors market is expected to grow at the highest rate during the forecast period owing higher number of research & development and increasing investments on bioreactors. In addition, the emergence of new local players with competitive product portfolio is expected to fuel the bioreactors market growth in Asia Pacific region.
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Global bioreactors market, based on the application was segmented into microbial application and cell culture. In 2017, microbial segment held the largest share of the market, by application. Moreover, the microbial segment is expected to grow at the fastest rate during the coming years as microbial cultures are being used on a large scale for research purposes as well as industrial applications. Growth in the number of biotechnology companies and rise in research funding offered by government bodies are considered to be the factors driving the growth of the segment during the forecast period.
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
o Multi-Use Bioreactors
Stainless Steel Bioreactors
o Single-Use Bioreactors
Cell Culture Application
o Multi-Use Bioreactors
Stainless Steel Bioreactors
• Global Bioreactors Market – By Geography
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South & Central America (SCAM)
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