Global Bioreactor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Bioreactor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A bioreactor may refer to any manufactured or engineered device or system that supports a biologically active environment. In one case, a bioreactor is a vessel in which a chemical process is carried out which involves organisms or biochemically active substances derived from such organisms. This process can either be aerobic or anaerobic. These bioreactors are commonly cylindrical, ranging in size from litres to cubic metres, and are often made of stainless steel. It may also refer to a device or system designed to grow cells or tissues in the context of cell culture. These devices are being developed for use in tissue engineering or biochemical engineering.

Market Overview:

The latest research study on the global Bioreactor market finds that the global Bioreactor market reached a value of USD 1338.12 million in 2022. It’s expected that the market will achieve USD 1985.74 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.

Drivers of Bioreactor

North America, Europe, China, India, South America, Middle East and Africa
The major factors propelling the growth of the global bioreactors market are the rise in acceptance of single-use technologies, increasing biologics, utilization of hybrid technologies such as stainless steel and single-use, and the increasing demand for the single-use bioreactor in biopharmaceutical companies. The other factors boosting the growth of the global market are low functional value coupled with minimum maintenance and monitoring in regard to traditional ones.
Biopharmaceutical contract manufacturing outsourcing should drive the industry growth due to the rising demand for biopharmaceuticals along with innovative drug products entering the clinical trials. Large number of outsourcing services such as analytical, formulation, cell line development and small or large scale production related services should stimulate the business growth over the forecast years.
In developed market, they have more international companies, good channels, high market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Bioreactor.

Opportunities

Improve performance
With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, the increasing demand downstream, the market of Bioreactor has great market potential.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Sartorius AG is one of the major players operating in the Bioreactor market, holding a share of 22.1% in 2020.

Sartorius AG

Sartorius AG manufactures and markets precision electronic equipment and components. The Company produces precision scales for laboratory and industrial uses and electrochemistry. Sartorius manufactures equipment for biomolecular and microbial separations, cell culture, concentration, fermentation, and purification. The Company markets its products worldwide.

GE Healthcare

GE Healthcare Inc. manufactures and distributes diagnostic imaging agents and radiopharmaceuticals for imaging modalities that are used in medical imaging procedures.

Segmentation Overview:

By type, Single-Use segment accounted for the largest share of market in 2021.

Glass Bioreactors

Glass Bioreactors is the bioreactors whose materials is glass. Small glass bioreactors are often used for process development scale up and research work in the biopharmaceutical sector.

Stainless-Steel Bioreactors

Glass Bioreactors is the bioreactors whose materials is stainless-steel, usually used for large-scale production of therapeutics.

Single-Use Bioreactors

A single-use bioreactor is a bioreactor with a disposable bag instead of a culture vessel. Typically, this refers to a bioreactor in which the lining in contact with the cell culture will be plastic, and this lining is encased within a more permanent structure.

Application Overview:

By application, the R&D Departments segment occupied the biggest share from 2017 to 2022.

R&D Departments

R&D departments are the departments with innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products.

Biopharmaceutical Manufacturers

Biopharmaceutical Manufacturers are the manufacturers or companies of biopharmaceutical products.

Contract Research Organizations

A contract research organization (CRO) is a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis.

Key Companies in the global Bioreactor market covered in Chapter 3:

Danaher Corporation
Bioengineering AG
Eppendorf AG
Infors HT
Solaris Biotech
Austar
Sartorius AG
GE Healthcare
Thermo Fisher Scientific, Inc.
Celltain Biotech
Applikon Biotechnology
Praj Hipurity Systems Limited
Solida Biotech
Merck Millipore Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the Bioreactor market from 2018 to 2029 is primarily split into:

Glass Bioreactors
Stainless-Steel Bioreactors
Single-Use Bioreactors

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bioreactor market from 2018 to 2029 covers:

R&D Departments
Biopharmaceutical Manufacturers
Contract Research Organizations
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)