Global Micro Bioreactor System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The microbioreactor is an automated high-throughput microbioreactor system that replicates laboratory-scale bioreactor performance.
Market Overview:The latest research study on the global Micro Bioreactor System market finds that the global Micro Bioreactor System market reached a value of USD 206.87 million in 2022. It’s expected that the market will achieve USD 372.52 million by 2028, exhibiting a CAGR of 10.3% during the forecast period.
Increased competition
During the forecast period, competition among suppliers will increase. Suppliers will compete based on price and product quality to provide a competitive advantage in the market. During the forecast period, we expect that as product demand increases, more and more companies will enter the microbioreactor system market, and competition among suppliers will intensify.
Continuous innovation
Technological innovation will promote product innovation and therefore play an important role in driving market growth. To remain competitive in a highly competitive market, suppliers should develop new ideas and technologies and keep up with the latest technologies. The production technology and product performance of micro bioreactor system products will continue to improve to meet the growing needs of various fields such as the medical and food industries.
Increase in related research activities worldwide
With the increasing number of research activities in biotechnology, pharmacy and industry, new drug development, research activities to promote microbioreactor manufacturers worldwide are also increasing. Manufacturers are paying more and more attention to technological advances and increasing awareness of the safety of the products they manufacture, improving the performance and safety of new products. Product improvements and updates will boost sales of microbioreactors.
Region Overview:In global comparison, a significant portion of the revenue was generated in Europe (63.46% in 2022).
Company Overview:Sartorius AG is one of the major players operating in the Micro Bioreactor System market, holding a share of 54.23% in 2023.
Sartorius AG
Sartorius AG manufactures and markets precision electronic equipment and components. The Company produces precision scales for laboratory and industrial uses and electrochemistry.
Eppendorf
Eppendorf, Inc. develops and sells instruments, consumables, and services for liquid, sample, and cell handling in laboratories. The Company offers pipettes and automated pipetting systems, dispensers, centrifuges, mixers, spectrometers, and DNA amplification equipment, as well as ultra-low temperature freezers, fermentors, bioreactors, shakers, and cell manipulation systems.
Segmentation Overview:As for product types, the 24 Parallel Micro Bioreactor System segment held the largest market share in 2022.
Application Overview:By application, the Biochemical Engineering segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Micro Bioreactor System market covered in Chapter 3:Eppendorf
Infors HT
Chemtrix
M2p-labs
Sartorius AG
Applikon Biotechnology
Solida Biotech
In Chapter 4 and Chapter 14.2, on the basis of types, the Micro Bioreactor System market from 2018 to 2029 is primarily split into:48 Parallel Micro Bioreactor System
24 Parallel Micro Bioreactor System
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Micro Bioreactor System market from 2018 to 2029 covers:Pharmaceutical
Sewage Treatment
Biochemical Engineering
Food Industry
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)