Bioreactors Market with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery Analysis till 2029

The bioreactors market was valued at USD 4200 million in 2019 and is expected to grow with a CAGR of 16.5% during the forecast period. Bioreactors are specially designed containers that are used to grow organisms under user-controlled environments. Bioreactors provide support in the growth of cells (mammalian, bacterial, yeast) with an active environment and features that help in controlling, regulating, and monitoring the culture environment.

The demand for bioreactors in the global scenario has escalated significantly, owing to the chaos caused by the pandemic and the ever-growing demand for the development of vaccines and therapeutics. The pandemic has caused havoc and pressurized even the medical infrastructures into crisis. For instance, according to the World Health Organization (WHO), as of November 1, 2020, 45.9 million cases of COVID patients have been confirmed, with the death toll standing at 1.1 million globally.

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The Major Players Covered in this Report:
Sartorius Stedim Biotech (Germany)
Thermo Fisher Scientific, Inc. (the U.S.)
Merck KGaA (Germany)
GE Healthcare (the U.S.)
Danaher Corporation (the U.S.)
Eppendorf AG (Germany)
PBS Biotech
Cellexus Ltd.
Applikon Biotechnology, Inc.
BioTron, Inc.
Shanghai Bailun Biotechnology Co., Ltd.
CerCell
Solaris Biotech Solutions

By Product Type
Single-Use
Reusable

By Cell Type
Mammalian Cells
Bacterial Cells
Yeast Cells

By Molecule
Monoclonal Antibodies
Vaccines
Recombinant Proteins
Stem Cells

By Reactor Volume
5–20L
20–250L
250–1500L
Above 1500L

By End-User
Contract Research Organizations
Biopharmaceutical Companies
Research Labs
CMOS

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Bioreactors in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Bioreactors market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Bioreactors and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Bioreactors. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Recent Developments:
In September 2019, ABEC, the U.S. based biopharmaceutical manufacturing service provider, launched a customizable single-use bioreactor that can operate in a working volume of up to 6000L

In July 2019, Sartorius Stedim Biotech (SSB), a leading biopharmaceutical fermenter manufacturer, launched a new culture vessel for its product ambr 250 modular benchtop mini bioreactor with automated systems. The vessel is single-use and designed for therapeutic cell lines, which offers the potential for accelerated process development of cell and gene therapy applications

Key Questions Answered in the Report:
What is the current scenario of the Global Bioreactors market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Bioreactors Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?

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