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Global Bioreactor Market Size, Growth Analysis Report, Forecast to 2021-2027

07-05-2021 07:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global bioreactors market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period (2021-2027). The COVID-19 vaccine is the primary requirement of all nations across the globe. Bioreactors in large quantities are required for the development, production, and storage of these vaccines. Single-used bioreactors are rapidly capturing the market share. For instance, due to the second wave of COVID-19 in India, the demand for single-use bioreactor is grown for the rapid production of vaccines. Earlier static stainless-steel bioreactors were used to grow cells and materials for vaccine development. This setup needs lots of time and money which cannot be afforded in the current COVID-19 situation, that's why bioreactor bags are used as an alternative in which cells are grown with a mixture of ingredients. India is importing these single used bioreactor bags from the US whose supply chain is recently unblocked by the American government.

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The major market players of the bioreactor market are currently focused on the development of bioreactors for the COVID-19 vaccines and other medical drugs. Applikon Biotechnology B.V., acquired by Getinge AB had developed Applikon’s 500 mL miniBio (autoclavable bioreactor) and 500 mL AppliFlex ST (single-use bioreactor) for the research and developments of COVID-19 vaccines which provides optimal ph and temperature for baculovirus-insect cell growth that can replicate spike protein of COVID-19 virus. In March 2021, Getinge had launched a new range of Applikon multi-use bioreactors for academic, government, and biopharmaceutical laboratories.

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Similarly, bbi-biotech GmbH in January 2021 had launched GL45 bottle bioreactors in which sterile samples can be extracted, gassed, feed, and even pH-regulated. In March 2020, LAMBDA CZ, s.r.o. had launched LAMBDA MINIFOR 7L for large-scale production of biosurfactant-rhamnolipid. In January 2021, PBS Biotech, Inc. had launched vertical wheel single-use bioreactors that provide homogeneous, low-shear, and scalable mixing. This shows that the pharmaceutical industries are the main driver of the bioreactors market currently which can also further support the market growth in the forecast period.

Global Bioreactors Market Report Segment

By Material

Stainless Steel
Single-use

By Production

Lab-Scale Production
Pilot-Scale Production
Full-Scale Production

By End-User

Biopharmaceutical Companies
Contract Research Organizations (CRO)

Global Bioreactors Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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