The global bioreactors market for non-food applications is valued over USD 2.6 billion in 2020. Rising investment in biotechnology & pharmaceutical sector and significant demand for stainless steel as a choice of the reactor construction material are some of the key driving bioreactors market trends.
.png "Global Bioreactors Market 2019-2028 (USD Billion)")
Bioreactors Market Scope
| Metrics | Details |
| Base Year | 2020 |
| Historic Data | 2018-2019 |
| Forecast Period | 2021-2028 |
| Study Period | 2018-2028 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2028 | USD 2.6 billion |
| Growth Rate | CAGR of 16.3% during 2021-2028 |
| Segment Covered | Product, Application, Cosntruction Material, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Key Players Profiled | Sartorius AG, Merck KGaA, Thermo Fisher Scientific, Danaher Corporation, Eppendorf AG, ZETA, Infors HT, Solaris Biotech, and Spar Mixers among other |
Key Segments of the Global Bioreactors Market
Product Overview, 2019-2028 (USD Billion)
- Single-use Bioreactors
- Multi-use Bioreactors
Application Overview, 2019-2028 (USD Billion)
- Biotechnology & Pharmaceutical
- Contract Research Organizations (CROs)
- Others
Cosntruction Material Overview, 2019-2028 (USD Billion)
- Stainless Steel
- Glass
- Others
Regional Overview, 2019-2028 (USD Billion)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
South America
- Brazil
- Mexico
- Rest of South America
Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global bioreactors industry
- Impact of increased demand for bioreactors across the globe. Major companies are therefore striving to offer innovative solutions coupled with the latest technological advancements to address the increasing demand.
What does the report include?
- The study on the global bioreactors market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers a qualitative and quantitative analysis of the market segmented based on product, application, and construction material. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
- The study covers the competitive landscape of existing/prospective players in the bioreactors industry and their strategic initiatives for product development.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global bioreactors market. The report will benefit every stakeholder in the market.
- Managers within the bioreactors industry looking to publish recent and forecasted statistics about the global bioreactors market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of the global bioreactors market.
- Analysts, researchers, educators, strategy managers, and government institutions looking for insights into the market to determine future strategies.
Contract research organisations (CROs), biotechnology & pharmaceutical companies are among the major end-users or applications that have fueled robust bioreactor market trends. CROs are an important part of the drug development process, providing a variety of services to pharmaceutical, biotechnology, and medical device firms, as well as governments and academic institutions, and other research entities.
In CROs, single-use bioreactors are widely employed. Because CROs often handle a variety of items, it is more cost effective to use disposable bags than a stainless-steel vessel. Over the next few years, the expanding number of CROs is likely to bolster the growth of the single-use bioreactor market.
Product Segment
Product-wise, the bioreactors market is segmented into single-use and multi-use bioreactors. Single use bioreactor market is likely to increase at the fastest growth rate during the forecast period. A single-use bioreactor typically contains a disposable bag in place of a culture vessel. These products utilize a sterilized cell chamber in which the cell culture is maintained. The cell chamber reduces the cross-contamination risks as it is used for single growth operation. Furthermore, the use of single-use bioreactors optimizes the sterilization, cleaning, validation, and maintenance procedures needed for each bioreactor run.
The single use bioreactor market demand is expected to rise in pharmaceutical and R&D applications, owing to the key attributes of the product. High flexibility in terms of usage, less downtime, and controlled microbial contamination are some of the key attributes exhibited by the single-use bioreactors.
Multi-use or reusable bioreactors can be used numerous times. Reusable bioreactors require expensive and bulky clean-in-place (CIP) or steam-in-place (SIP) installations. The disposable bag of the single-use bioprocessors avoids the need to use CIP and SIP systems. The disposable bags are usually made of a three-layer plastic foil, with the layers frequently consisting of polyethylene, PVA, PVC, and polypropylene combinations to minimize leakage. The multi-use bioreactor segment accounted for more than two-third share of the global bioreactors market size in 2020.
North America dominated the global bioreactors market in 2020. It is considered to be the largest and fastest-growing consumers of the product and has contributed in increasing the global bioreactors market size, over the recent years.
.png "North America Bioreactors Market 2019-2028 (USD Billion)")
The increase in healthcare expenditure, focus on R&D for new drug development, and rising demand for drugs that treat HIV/AIDS, and cancer is expected to augment the product demand in the region, thus supporting the recent bioreactors market trends especially in the U.S. and Canada.