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Airlift Bioreactor Market Future Outlook, COVID-19 Impact Analysis, Forecast - 2031

12-30-2024 03:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Airlift Bioreactor Market

Airlift Bioreactor Market

The global airlift bioreactor market is expected to grow at a significant CAGR of 10.5% during the forecast period. The growth of the market is mainly driven by the rise in the biopharmaceutical industry and the increasing prevalence of various chronic diseases such as cancer, diabetes, heart diseases, and viral illnesses. According to the Reserve Bank of India (RBI), the Indian Pharmaceutical sector contributed nearly 2% to India's GDP. Moreover, the Indian pharmaceutical market export turnover was $24.2 billion in 2020-21. India's domestic pharmaceutical market was $41 billion in 2021, and likely to grow to $65 billion by 2024, and further expected to reach $130 billion by 2030.

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The market players are focusing on the adoption of various strategies including mergers and acquisitions, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance. in April 2019, Freeline together with Pall Corp. announced the completion of the first full-scale run in Freeline's newly commissioned Good Manufacturing Practice(GMP) located in Stevenage UK. The Freeline propriety adeno-associated virus (AAV), manufacturing platforms use Pall's iCELLis bioreactor, which offers highly efficient production of the AVV in a way that maximizes both quality and yield. The collaboration offers Freeline to take the advantage of the small footprint of the bioreactor of Pall. Moroever, in March 2020, Sartorius launched the BIOSTAT STR generation 3 single-use bioreactor and Biobrain automation platform introducing an innovation that change the field of biopharmaceutical process development and manufacturing. Biostat STR simplifies biologics production. This robust industrial platform consists of hardware, software, and consumables for single-use process development and commercial biomanufacturing. Biostat STR bioreactors and Flexsafe STR bags range from 12.5L to 2000L in the working volume.

Full report of Airlift Bioreactor Market available @ https://www.omrglobal.com/industry-reports/airlift-bioreactor-market

Market Coverage

Segment Covered-
o By Type

o By Usage

o By End User

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Sartorius AG, Lonza AG, and Knik Technology, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Airlift Bioreactor Market Report by Segment

By Product

Internal Airlift Loop Bioreactors
External Airlift Loop Bioreactor

By Usage

Single Use Disposable
Reusable

By End-User

Biopharmaceutical Companies
Contract Research Organizations/Contract Development Manufacturing Organizations

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/airlift-bioreactor-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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