openPR Logo
Press release

Single-Use Bioreactors Market worth $10.0 billion | Sartorius AG (Germany), Thermo Fisher Scientific (US), Danaher Corporation (US), and Merck Millipore (Germany)

04-06-2023 03:29 PM CET | Health & Medicine

Press release from: MarketsandMarkets

Single-Use Bioreactors Market

Single-Use Bioreactors Market

Single-Use Bioreactors Market in terms of revenue was estimated to be worth $4.2 billion in 2023 and is poised to reach $10.0 billion by 2028, growing at a CAGR of 19.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as the increasing adoption of single-use bioreactors among startups and SMEs, lower operational complexity of single-use bioreactors compared to conventional stainless-steel bioreactors, reduced energy and water consumption, growing size of the biologics and biosimilars market, and technological advancements in single-use bioreactors.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49113750&utm_source=Openpr&utm_campaign=paid&utm_content=Referral

Browse in-depth TOC on "Single-Use Bioreactors Market"

408 - Tables
48 - Figures
345 - Pages

The monoclonal antibodies segment accounted for the largest share of the type of molecule segment in the single-use bioreactors market in 2022.

Based on the type of molecule, the global single-use bioreactors market is segmented into monoclonal antibodies (mAbs), vaccines, gene-modified cells, stem cells, and other molecules. The monoclonal antibodies segment accounted for the largest share of the global single-use bioreactors market in 2022 owing to increasing demand for single-use bioreactors in the manufacturing of mAbs, and factors such as low investment costs and a reduction in time-intensive changeover procedures.

The mammalian cells segment accounted for the fastest growing share of the type of cell segment in the single-use bioreactors market in 2022.

Based on the type of cell, the global single-use bioreactors market is segmented into mammalian cells, bacterial cells, yeast cells, and other cells. In 2022, the mammalian cells segment accounted for the largest share of the market owing to increasing adoption of mammalian cells due to their post-translational modification capacity and human protein-like molecular structure assembly are expected to propel market growth.

The Asia Pacific region is the fastest-growing region of the single-use bioreactors market in 2022.

Based on the region, the single-use bioreactors market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific market is expected to register the highest CAGR during the forecast period. Factors such as the growing biopharmaceutical industry, rising investments by pharmaceutical & biotechnology companies, and the growing number of CROs & CMOs in several Asia Pacific countries are supporting the growth of the market in the region.

Request for FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=49113750&utm_source=Openpr&utm_campaign=paid&utm_content=Referral

Single-Use Bioreactors Market Dynamics:

Drivers:

Increasing adoption of SUBs among small companies and startups
Reduced automation complexity
Ease in the cultivation of marine organisms
Reduced energy and water consumption
Growing biologics market
Technological advancements in SUBs
Increasing biopharmaceutical R&D

Restraints:

Regulatory concerns related to SUBs
Issues related to leachables and extractables

Opportunities:

Patent expiry
Emerging markets

Challenges:

Need for improved single-use sensors
Standardization of single-use designs

Key Market Players:

Key players in the single-use bioreactors Market are Sartorius AG (Germany), Thermo Fisher Scientific (US), Danaher Corporation (US), and Merck Millipore (Germany).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=49113750&utm_source=Openpr&utm_campaign=paid&utm_content=Referral

Recent Developments:

In November 2022, Sartorius GA (Germany) planned to invest in growing its operations by establishing new R&D laboratories and digitalizing & automating equipment, among other approaches. This development was aimed at meeting the high demand from the biopharmaceutical industry.

In November 2022, Danaher Corporation (US) subsidiary, Cytiva invested around USD 8 million to expand its Fast Trak center in Shanghai, China. The Single-use Technologies (SUT) center of excellence in Asia offers new product R&D tests and validation with an aim to facilitate the industry's application of SUT throughout the region.

In August 2022, Thermo Fisher Scientific (US) opened its largest single-use technology manufacturing site in Greater Nashville with an investment of USD 105 million to meet the growing demand for the bioprocessing materials needed to produce vaccines and breakthrough therapies for cancer and other diseases.

Single-Use Bioreactors Market Advantages:

Cost Efficiency: Single-use bioreactors are cost-efficient, as they require fewer amounts of investments in terms of purchase, operation and maintenance. This, in turn, reduces the overall cost of production.

Easy to Install and Operate: Single-use bioreactors are easy to install and operate, as they require minimal training and do not require complex infrastructure. This makes them an ideal choice for small-scale production.

Increased Productivity: The use of single-use bioreactors can increase productivity, as they can be used to perform multiple processes in a single batch. This reduces the time required to complete the process.

Reduced Risk of Contamination: Single-use bioreactors reduce the risk of contamination, as they do not require cleaning between batches. This enables manufacturers to produce high-quality products with minimal risk of contamination.

Flexibility: Single-use bioreactors provide manufacturers with flexibility, as they can be used for a variety of processes and products. This reduces the cost of production, as manufacturers do not need to purchase multiple bioreactors for different processes.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/single-use-bioreactor-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/single-use-bioreactor.asp

About MarketsandMarkets™:

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Single-Use Bioreactors Market worth $10.0 billion | Sartorius AG (Germany), Thermo Fisher Scientific (US), Danaher Corporation (US), and Merck Millipore (Germany) here

News-ID: 3003170 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Bioreactors

Top Bioreactors Companies Analysis By 2030
The bioreactors market size is projected to reach US$ 6,570.76 million by 2030 from US$ 3,643.00 million in 2022. The market is expected to register a CAGR of 7.65% during 2022-2031. Download PDF Copy @ https://www.theinsightpartners.com/sample/TIPHE100000880?utm_source=OpenPR&utm_medium=10379 The List of Companies • Sartorius AG • PBS Biotech • Merck KGaA • Cellexus International Ltd • General Electric Co • Thermo Fisher Scientific Inc • bbi-biotech GmbH • Pall Corp • Applikon Biotechnology BV • Solaris Biotechnology SRL By Scale • Lab-Scale Production • Pilot-Scale Production • Full-Scale Production By Application • Microbial Application • Cell Culture Application By Technology • Fed-Batch Bioreactors and Perfusion Bioreactors By End
Fermenters and Bioreactors Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Fermenters and Bioreactors Market Size, Share & Trends Analysis Report By Distribution by Type of Product (Bioreactors and Fermenters), Fabrication Material (Glass, Stainless Steel, Single Use), Type of Bioprocess (Batch and Fed-batch, Continuous), Type of Biologic (Antibodies, Vaccines, Cell Therapies, Other Biologics)- Market Outlook And Industry Analysis 2031" The Global Fermenters and Bioreactors Market is valued
Fermenters and Bioreactors Market Cultivating Innovation: The Fermenters and Bio …
Fermenters and Bioreactors Market Worth $43.2 Mn by 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Fermenters and Bioreactors Market Size, Share & Trends Analysis Report By Distribution by Type of Product (Bioreactors and Fermenters), Fabrication Material (Glass, Stainless Steel, Single Use), Type of Bioprocess (Batch and Fed-batch, Continuous), Type of Biologic (Antibodies, Vaccines, Cell Therapies, Other
Small-scale Bioreactors Market - Scaling Up Innovation, Small-Scale Bioreactors …
Newark, New Castle, USA - The latest report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global Small-scale Bioreactors Market. Small-scale Bioreactors Market: https://www.growthplusreports.com/report/smallscale-bioreactors-market/9194 The Small-scale Bioreactors Market Report assists in determining the optimum distribution methods for certain products as well as possible markets for future product launches. The report also analyses the purchase and supply trends that influence the market's production strategy.
Laboratory Bioreactors Market is Anticipated to Gain Moderate CAGR by 2027 Covid …
This Laboratory Bioreactors market report, additionally notices effect of developments on the future progression of the market. Numerous new terms presented in the report are passage hindrances, exchanging strategies and monetary and customary concerns. Get Sample Copy of Laboratory Bioreactors Market Report at: https://www.globalmarketmonitor.com/request.php?type=1&rid=727565 This Laboratory Bioreactors market research report involves a systematic method to collect and analyze the information about consumers, company profiles, competitors, market size, target market, growth
Bioreactors Market is Driven by High Investments in R&D and Rise in Acceptance o …
A bioreactor dispenses a controlled environment. This controlled environment is essential for the manufacturing of biological, biochemical and biomechanically engineered products. A bioreactor can be defined as a vessel, container, or a tank that performs the function of a biological catalyst to achieve a required chemical transformation from biological raw materials. Microorganisms are used in various industries and require molecular oxygen for respiration for survival. Read Report Overview - https://www.transparencymarketresearch.com/bioreactors-market.html Optimization is