Global Bioreactors Market Research and Forecast, 2022-2028: Extensive Applications in Growing Life Sciences Industry Fuels Sector - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Oct 5, 2022--

The "Global Bioreactors Market Research and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The global bioreactor market is anticipated to grow at a significant CAGR of 10.3% during the forecast period (2021-2027). The bioreactors are large vessels in which aerobic or anaerobic reactions take place and are used for growing organisms such as yeast, bacteria, or animal cells in a biologically active environment.

With the growing life science industry globally, bioreactors are extensively being used in the production of monoclonal antibodies, recombinant therapeutics, drug discovery, and so forth. Bioreactors enable the control over temperature, moisture, pH, oxygen, and stirring rate for optimal cell growth and productivity. The factors contributing to the growth of the market are the growing technological advancements in bioreactor design, the growing demand for therapeutically effective vaccines, and new products in development.

Increasing demand for personalized medicine for effective treatment is one of the major reasons for the growth of this market. The development of precision medicine that is modifying the medical treatment to the individual characteristics, needs, and preferences of each patient has seen positive growth. The bioreactors had proven effective to store medicines for autoimmune disorders, cancer, asthma, and organ rejection.

This is augmenting the demand for bioreactors in medical facilities. However, challenges associated with the use of bioreactors such as non-customizable and difficult to scale may hinder the global bioreactor market growth. Additionally, the short shelf-life of industrial microbiology reagents is also creating challenges as well as an opportunity for the bioreactors market. Though, increasing adoption of single-use bioreactors joined with technological innovation and enhanced capabilities are expected to significantly contribute in the near future.

Segmental Outlook

The global bioreactor market is segmented based on material, production, and end-user. Based on the material, the market is segmented into stainless steel and single-use bioreactor. Based on the production, the market is segmented into lab-scale production, pilot-scale production, full-scale production. Apart from this, by end-user, the market is segmented into Biopharmaceutical Companies and Contract Research Organizations (CROs).

The Report Covers

• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global bioreactor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where in the market.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

3. Competitive Landscape

4. Market Determinants

5. Market Segmentation

6. Regional Analysis

7. Company Profiles

Companies Mentioned

• Andel Equipment Pvt. Ltd.
• bbi-biotech GmbH
• Bioengineering AG
• Cellexus, Ltd.
• CerCell A/S
• CESCO Bioengineering Co. Ltd.
• GEA Group Aktiengesellschaft
• General Electric Co.
• Getinge AB
• LAMBDA CZ, s.r.o.
• MDX Biotechnik International GmbH
• Merck KGaA
• Pall Corp.
• PBS Biotech, Inc.
• Pierre Guerin SAS
• Sartorius A.G.
• Shanghai Bailun Biological Technology Co., Ltd.
• Solaris Biotechnology Srl.
• Techniserv, Inc.
• Thermo Fisher Scientific, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/blbiqr

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KEYWORD:

INDUSTRY KEYWORD: HEALTH BIOMETRICS

SOURCE: Research and Markets

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