Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on
bioreactors market provides in-depth analysis of segments and sub-segments in
the global as well as regional bioreactors market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional bioreactors market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global bioreactors market. According to the report, the global bioreactors
market is projected to grow at a CAGR of 17.4% over the forecast period of
2019-2025.
A bioreactor is a vessel which supports a biologically active environment.
It is usually cylindrical, ranging in size from liters to cubic metres. A bioreactor is made up of stainless steel, glass, and other materials. There are different
types of the bioreactor are available in the market includes airlift bioreactor,
photo-bioreactor, packaged bed bioreactor, bubble column bioreactor, and many
others. The bioreactor has a wide range of application in tissue engineering and
biochemical engineering.
The growing demand for single-use bioreactor among the
pharmaceutical industry is driving the growth of bioreactors market. Single-use
bioreactors are easy to use and easily set up for continuous processing.
Furthermore, government support to create an innovative bio-economy has
prompted the research and development activities is likely to have a positive
impact on the growth of the market. Moreover, increasing demand for bioreactor
for drug development and gene therapy coupled with the growing demand for a
therapeutically active vaccine are some factors augmenting the market growth. However,
regulatory issues regarding single-use bioreactors are expected to hamper the
growth of the global bioreactors market. Furthermore, technological advancement
and increasing use of bioreactor technology to develop advanced medical
processes by the number of vendors offer fruitful opportunities for the global
bioreactors market in coming years. For instance, Ardent Cell Technologies is
developing bioreactor that performs chemical bath for human tissue.
Among the region, North America dominates the global bioreactors
market throughout the forecast period. The increasing number of
biopharmaceutical companies are focusing on innovative medicines is escalating
the regional growth of the market. On the other hands, Europe is accounted to
hold a significant share in this market owing to the presence of leading
players in this region. Moreover, Asia-Pacific is expected to be the
fastest-growing region in the bioreactors market over the forecast period. This
is due to the growing occurrences of chronic disease, product innovation, and
favorable government initiative to encourage biotechnological research.
The report on global bioreactors market covers segments such as
scale range, material, usage, and end-user. On the basis of scale range, the
sub-markets include 5L-20L, 20L-200L, 200L-1500L, and above 1500L. On the basis
of material, the sub-markets include stainless steel, glass, and other
materials. On the basis of usage, the sub-markets include lab scale, pilot
scale, and full scale. On the basis of end-user, the sub-markets include R&D
departments, biopharmaceutical manufacturers, and other end-users.
The report provides profiles of the companies in the market such
as Thermo Fisher Scientific, GE Healthcare, Danaher Corporation, Eppendorf AG,
The Sartorius group, Amec Foster Wheeler plc, Fluor Corporation, The Merck
Group, Jacobs Engineering Group Inc., and Technip S.A.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of bioreactors market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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