The global single-use bioreactors market is estimated to be over US$ 800.0 Mn in 2017. It is anticipated to grow at a CAGR of 21.4% from 2019 to 2030.
The utilization of single-use bioreactors bears several advantages over its conventional alternatives. Lower downtimes, high batch output, coupled with increased efficiency are few of the benefits of single-use bioreactors. Moreover, low initial capital investment for single-use bioreactors as compared to stainless bioreactors has been proven to be highly crucial in contributing to the extensive adoption of single-use bioreactors by mid and small-scale industries. Furthermore, reduced demands for sterilization & cleaning and fewer components is anticipated to further contribute to the growth of the market in the coming years
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Major Players in the Single-use Bioreactors Market
The prominent players in the global single-use bioreactors market are Sartorius AG, Merck KGaA, General Electric Company, Thermo Fisher Scientific, Danaher, Applikon Biotechnology, Eppendorf AG, Celltainer, Pierre Guérin, and Cellexus Ltd among others.
Growth Factors
The continual growth of the single-use bioreactors market can be attributed to several factors which have led to wide scale adoption of single-use bioreactors which are extensively used to for single-use bioprocess in the manufacturing of vaccines, antibodies, APIs and other forms of therapeutics. Moreover, availability of several benefits associated with single-use bioreactors coupled with increasing funding in R&D activities worldwide is anticipated to further contribute to the substantial growth of the global single-use bioreactors market between 2019 and 2030.
High Recurring Costs and Regulatory Scenario to Restrain the Market
Although the use of single-use bioreactors ensures numerous benefits such as low maintenance charges and others, but high regular recurring charges is one of the major factors responsible for restraining the growth of the market. Similarly, Regulatory framework relating to the approval process has always been a critical restraining factor for obtaining bioreactors machineries.
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Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing population, continuously growing economy, increasing adoption of latest technologies and growing awareness regarding advantages of single-use bioreactors is anticipated to present a lucrative growth scenario for the single-use bioreactors market in this region. Furthermore, coupled with supportive government, increasing funding in the R&D by both private and public establishments is expected to present an attractive growth prospect for the market in the coming years.
Segmentation Based On:
GLOBAL SINGLE-USE BIOREACTORS MARKET – ANALYSIS & FORECAST, BY PRODUCT
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- Introduction
- Single use bioreactor systems
- Filtration Assemblies
- Media Bags
- Other Products
GLOBAL SINGLE-USE BIOREACTORS MARKET – ANALYSIS & FORECAST, BY MOLECULE TYPE
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- Introduction
- Monoclonal Antibodies (MABS)
- Stem Cells
- Vaccines Gene-Modified Cells
- Other Molecules
GLOBAL SINGLE-USE BIOREACTORS MARKET – ANALYSIS & FORECAST, BY CELL TYPE
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- Introduction
- Mammalian Cells
- Yeast Cells
- Bacterial Cells
- Other Cells
GLOBAL SINGLE-USE BIOREACTORS MARKET – ANALYSIS & FORECAST, BY END USERS
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- Introduction
- Biotechnology Companies
- Biopharmaceutical Companies
- Other End Users
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study
- Historical Years – 2016 & 2017
- Base Year – 2018
- Forecasted Years – 2019 to 2030
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations of the Study
- Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Regulatory & Reimbursement Scenario Snapshot
- Application Horizon Assessment
- Technological Advancement
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