Bioreactors Market Size Share Trends Growth Report 2023

 
HYDERABAD, India - Dec. 30, 2022 - PRLog -- Bioreactors Market Size Share Growth Insights 2023-2030

According to the research study published by USD Analytics, the global Bioreactors Market is expected at a CAGR of 7.2% during the forecast period 2022-2029. The global bioreactors market is expanding due to increased demand for monoclonal antibiotics, increased funding from private and government organisations for vaccine development, increased demand for single-use bioreactors, and increased development in the pharmaceutical and biotechnology industries.

Furthermore, the rise in technical development for enhanced bioreactors and progress in bioprocessing equipment design fuels the bioreactors market expansion throughout the projection period. Furthermore, Beckman Coulter Life Science, a Danaher subsidiary involved in healthcare development, will unveil the new BioLector XT Microbioreactor in 2021, which will offer high-throughput strain screening, feeding strategy optimization, and culture parameter monitoring. It also has the capacity to capture high-quality data in a short period of time with the least amount of user intervention.

Furthermore, global R&D operations for preventative vaccine development have raised demand for clinical-stage bioreactors. For example, ABEC has provided CSR bioreactors to Serum Institute of India Pvt. Ltd. (SIIPL) for the production of COVID-19 vaccine. The market will continue to rise considerably throughout the projected period as a consequence of increased usage of bioreactors in numerous production facilities.

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Regional Analysis:

North America accounted for a significant share of the bioreactors market and is expected to maintain its dominance throughout the forecast period, owing to an increase in chronic disease prevalence, the presence of key players in advanced bioreactor manufacturing, and advancements in R&D in biomedical research in the region. However, Asia-Pacific is predicted to have the greatest CAGR of 12.3% from 2021 to 2030, owing to an increase in chronic illness incidence, increased demand for innovative biologic treatments, and an increase in the number of pharmaceutical companies.

Segmentation Analysis:

The global Bioreactors market is segmented by it's type, usage, scale, control type, region

By Type
  • Glass
  • Stainless Steel
  • Single-Use

By Usage
  • Lab-Scale Production
  • Pilot-Scale Production
  • Full-Scale Production

By Scale
  • 5L-20L
  • 20L-200L
  • 200L-1500L
  • Above 1500L

By Control Type
  • Manual
  • Automated

By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America

Browse the Full Report @ https://www.usdanalytics.com/industry-reports/bioreactor-market

Competitive Landscape:

Some of the key players that are contributing to the market's growth are
  • BBI-Biotech GmbH
  • Bioengineering AG
  • Danaher Corporation
  • Eppendorf AG
  • Getinge
  • Infors HT
  • Merck KGAA
  • Sartorius AG
  • Solaris Biotech Solutions
  • Thermo Fisher Scientiic, Inc


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