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Bioreactors Market worth $6.15 billion by 2030, growing at a CAGR of 9.46% - Exclusive Report by 360iResearch

03-14-2024 05:30 PM CET | Health & Medicine

Press release from: 360iResearch

Bioreactors Market | 360iResearch

Bioreactors Market | 360iResearch

The "Bioreactors Market by Mechanism (Airlift Bioreactors, Benchtop Bioreactors, Bubble Column Bioreactors), Usage (Full-scale Production, Lab-Scale Production, Pilot-scale Production), Control Type, Material, Scale, Usability, End User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Bioreactors Market to grow from USD 3.26 billion in 2023 to USD 6.15 billion by 2030, at a CAGR of 9.46%.

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The bioreactor involves designing, producing, using, and maintaining specialized vessels that provide controlled environments for biological processes in various industries such as pharmaceuticals, food & beverage, biotechnology research facilities, and wastewater treatment plants. Increasing demand for personalized medicines and therapeutic antibodies, technological advancements in functional capabilities, and rising investments from government agencies and private sectors to expand the manufacturing of vaccines is driving the market growth. The rising usage of single-use bioreactors across pharmaceutical and waste treatment facilities is expanding the scope of the market. However, certain safety and maintenance issues with high usage of bioreactors are expected to hamper the market growth. Increasing research and development activities to introduce advanced bioreactors that enable biopharmaceutical businesses to improve the efficiency and precision of their operations is expected to create opportunities for market growth. The ongoing advancements in bioreactors are expected to develop standardized, repeatable cell-based products for regenerative medical applications and establish physiologically realistic in vitro models for drug testing.

In the Americas region, specifically in North America, the demand for single-use or disposable bioreactors is increasing due to their ability to reduce cross-contamination risks. The highly developed life sciences industry and robust funding from both public and private sectors are creating a platform for the growth of the bioreactors market in the Americas. Increasing expansion of pharmaceutical manufacturing capabilities, and rapid industrialization are leading to greater production capacity requirements for vaccines, biosimilars, and stem cell therapies, subsequently, rising utilization of bioreactors in the Asia-Pacific. Moreover, government initiatives promoting R&D investments coupled with favorable regulatory policies are expected to benefit the market growth in the Asia-Pacific. In the EMEA, Europe occupies a dominant position within the global bioreactor market with nations such as Germany, France, and UK leading regional growth. This can be attributed to factors such as well-established pharmaceutical companies with robust product pipelines, supportive government policies, increasing collaborations between academic institutions and market players, and a strong emphasis on bioprocess innovation. On the other hand, the Middle East and Africa are gradually embracing bioreactors as countries such as Saudi Arabia and South Africa continue to invest in biopharma infrastructure development and capacity expansion.

Market Segmentation & Coverage:

This research report categorizes the Bioreactors Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Mechanism, market is studied across Airlift Bioreactors, Benchtop Bioreactors, Bubble Column Bioreactors, Continuous Stirred Tank Bioreactors, Fluidized Bed Bioreactors, Microbial Bioreactors, Multi-Parallel Bioreactors, Packed Bed Bioreactors, and Photo-Bioreactors. The Continuous Stirred Tank Bioreactors commanded largest market share of 23.97% in 2023, followed by Microbial Bioreactors.

Based on Usage, market is studied across Full-scale Production, Lab-Scale Production, and Pilot-scale Production. The Full-scale Production commanded largest market share of 42.07% in 2023, followed by Lab-Scale Production.

Based on Control Type, market is studied across Automated and Manual. The Manual commanded largest market share of 75.13% in 2023, followed by Automated.

Based on Material, market is studied across Glass and Stainless Steel. The Stainless Steel commanded largest market share of 46.34% in 2023, followed by Glass.

Based on Scale, market is studied across 1500L-4000L, 200L-1500L, 20L-200L, 5L-20L, and Above 4000L. The 1500L-4000L commanded largest market share of 28.78% in 2023, followed by 20L-200L.

Based on Usability, market is studied across Reusable and Single-use. The Reusable commanded largest market share of 87.83% in 2023, followed by Single-use.

Based on End User, market is studied across Biopharmaceutical Companies & Manufacturers, Contract Manufacturing Organizations & Contract Research Organizations, Landfills & Waste Treatment Plants, and R&D Departments & Institutes. The Biopharmaceutical Companies & Manufacturers commanded largest market share of 39.98% in 2023, followed by Contract Manufacturing Organizations & Contract Research Organizations.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 44.58% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Bioreactors Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Bioreactors Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Bioreactors Market, highlighting leading vendors and their innovative profiles. These include 3D Biotek LLC, ABEC, Inc., Adolf Kühner AG, BBI-biotech GmbH, Belach Bioteknik, Bioengineering AG, Bionet Servicios Técnicos, SL, Broadley-James Corporation, Cell Culture Company, LLC, Cellexus Limited, CerCell A/S, Cesco Bioengineering Co., Ltd., Danaher Corporation, Distek, Inc., Electrolab Biotech Limited, Eppendorf SE, FiberCell Systems Inc., G&G Technologies, Inc., GEA Group AG, Getinge AB, IKA-Werke GmbH & CO. KG, Infors AG, Lonza Group Ltd., Merck KGaA, PBS Biotech, Inc., Pierre Guérin SA, Praj Industries Limited, Sartorius AG, Shanghai LePure Biotech Co., Ltd., Solaris Biotechnolgy Srl by Donaldson Company, Inc., Solida Biotech GmBH, Terumo Corporation, Thermo Fisher Scientific Inc., WuXi Biologics (Cayman) Inc., and ZETA GmbH.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Bioreactors Market, by Mechanism
7. Bioreactors Market, by Usage
8. Bioreactors Market, by Control Type
9. Bioreactors Market, by Material
10. Bioreactors Market, by Scale
11. Bioreactors Market, by Usability
12. Bioreactors Market, by End User
13. Americas Bioreactors Market
14. Asia-Pacific Bioreactors Market
15. Europe, Middle East & Africa Bioreactors Market
16. Competitive Landscape
17. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Bioreactors Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Bioreactors Market?
3. What is the competitive strategic window for opportunities in the Bioreactors Market?
4. What are the technology trends and regulatory frameworks in the Bioreactors Market?
5. What is the market share of the leading vendors in the Bioreactors Market?
6. What modes and strategic moves are considered suitable for entering the Bioreactors Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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