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Increase in Disposable Income Coupled with Awareness about Various Diseases amongst Population would Augment the Growth of Fermenters Market
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Fermenters are equipments that support the cell culture at a large scale. These are maintained at certain temperature, humidity, pressure and other environmental parameters. They are constituted of various parts that help to maintain numerous environmental parameters. These parts include motor, pH probe, sparger, harvest pipe, cooling jacket, oxygen concentrator probe, sterile nutrient medium, compressed air and acid/base compartments. These equipments are capable of holding around 2 lakhs liters of culture.
The Fermenters are namely classified in two segments namely disposable and non disposable. Disposable fermenters are used for only once and after that they are disposed off however non disposable fermenters are used multiple times. After every use, non disposable fermenters are sterilized with chemicals. Non disposable fermenters are generally bigger in size and used in big industries for drugs and other fermentation products production.
Rise in geriatric population has increased the demand for various drugs worldwide. This would initiate the research and development of various drugs that would result in its production. This would support the growth of fermenters market. In addition, the growth of this market would is anticipated to increase owing to rise in biological drugs in the pharmaceutical market worldwide. Rise in infectious diseases affecting large population would also propel the growth of this market.
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Increase in R&D of drugs by government would also support the growth of this market. Increase in disposable income coupled with awareness about various diseases amongst population would augment the growth of this market. Despite all these advantages, the growth of this market would be hindered due lack of technological improvements in manufacturing processes that help to increase production capacity.
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