Press release
Single-use Bioreactors Market to be Worth $10.3 Billion by 2030
[Redding, California, January 30, 2024] - Single-use bioreactors, a transformative technology utilizing disposable bags instead of traditional vessels, are set to dominate the global bioproduction landscape. Meticulous Research® has forecasted an unprecedented surge, projecting the market to reach $10.3 billion by 2030, maintaining a compelling Compound Annual Growth Rate (CAGR) of 15.8% from 2023 to 2030.Download Free Sample Report Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5005
This revolutionary approach to bioprocessing is marked by disposable features, varying shapes and sizes tailored to diverse applications, and a suite of advantages that redefine efficiency and cost-effectiveness. The flexibility, reduced capital costs, minimal risk of contamination, and streamlined cleaning efforts associated with single-use bioreactors enable accelerated bioproduction without compromising quality. This groundbreaking technology empowers biopharmaceutical companies to transition towards multi-drug facilities, facilitating the simultaneous manufacturing of multiple drugs within a single facility, ultimately saving both time and financial resources.
The elimination of the need for costly and cumbersome clean-in-place (CIP) or steam-in-place (SIP) systems, requisite for reusable bioreactors, further underscores the appeal of single-use bioreactors in the market. Particularly prevalent in mammalian cell culture applications, these innovative systems are rapidly superseding conventional bioreactors.
Key Factors Driving Market Growth:
The escalating demand in the biopharma sector coupled with capacity expansion initiatives by biopharmaceutical manufacturers fuels the substantial growth of the single-use bioreactors market.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/single-use-bioreactors-market-5005
Meticulous Research® Segmentation Insights:
To provide a comprehensive analysis, Meticulous Research® has meticulously segmented the single-use bioreactors market based on product types, including Single-use Bioreactor Systems, Media Bags, Filtration Assemblies, and others. The market is further categorized by types such as Stirred-tank, Wave-induced, and others, aligning with diverse cell types, applications, and end-users.
Geographical Analysis:
In 2023, Europe is anticipated to lead the market, attributing its dominance to increased drug sales, governmental support for biopharmaceutical adoption, and the expansion of manufacturing capacities by various companies.
Key Product Insights:
In 2023, the single-use bioreactor systems segment is poised to dominate, thanks to its ability to reduce preparation and maintenance times, along with enhanced flexibility compared to traditional stainless steel bioreactors.
Type, Cell Type, Application, and End-User Dynamics:
• Stirred-tank bioreactors are anticipated to hold the largest market share in 2023, driven by their superior oxygen transfer rates and short mixing times.
• Mammalian cells are expected to dominate the market in 2023, primarily due to the demand for high throughput operations in cell culture processing.
• The commercial bioproduction segment is projected to lead the market in 2023, fueled by growing investments, supportive initiatives in gene therapies, and potential cost efficiencies.
Quick Buy - Single-Use Bioreactors Market- Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/67912642
Dominant End-User Sector:
In 2023, pharmaceutical and biopharmaceutical companies are predicted to account for the largest market share, attributed to ongoing capacity expansion initiatives by biopharmaceutical manufacturing companies.
The report includes comprehensive competitive intelligence on key players such as Merck KGaA, Danaher Corporation, Sartorius AG, Thermo Fisher Scientific Inc., Eppendorf AG, Solaris Biotechnology srl, Cellexus International Ltd., CESCO Bioengineering Co., Ltd., PBS Biotech, Inc., Distek, Inc., and Infors AG. The analysis covers financials, growth strategies, product portfolios, and geographical presence.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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