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Follow on Google News | "Global bioreactors market set to grow to $1.6bn by 2024," according to new Visiongain reportBy: Visiongain The biopharmaceutical contract manufacturing market has significantly expanded over the past years. The rising interest of pharmaceutical organizations to enter the biopharmaceutical market will result in consolidation in the form of strategic alliances between contract manufacturing organizations (CMO's) and large pharmaceutical/ Factors driving the bioreactors market growth include massive use of hybrid technologies, rise in the rate of adoption of single-use technologies, increasing popularity of single-use bioreactor among biopharmaceutical organizations, and a significant growth in the biologics market. However, regulatory challenges pertaining to single-use bioreactors and issues concerning leachable and extractable linked to single-use bags are some of the factors hampering the growth of bioreactors market. Purchase full report or download free sample pages: https://www.visiongain.com/ The lead analyst of the report commented "The bioreactors market is expected to grow over the forecast period owing to the increase in adoption of single use technologies and the growing popularity among pharmaceutical companies regarding the potential benefits of single-use bioreactors. In addition, the use of hybrid technologies in bioprocessing also fuels the market growth. However, there are few restraints which might impede the growth of the market such as regulatory concerns and problems associated to single-use bags which are extractable and leachable." Leading companies featured in the report include Applikon Biotechnology Inc. (U.S.), BBI-Biotech GmbH (Germany), Bioengineering AG (Switzerland) Related reports: Global Anaesthesia Drugs Market 2019-2029 Top 25 Biosimilar Drug Manufacturers 2019 Global Asthma & COPD Therapies Market 2019-2029 For more pharma reports, visit our website: https://www.visiongain.com/ Notes for Editors If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@ About Visiongain Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to- End
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