Global Single-Use Bio Reactors market segments 2024, Forecast To 2033
9 Feb, 2024
The single-use bioreactors market has experienced rapid growth in recent years, increasing from $4.53 billion in 2023 to $5.39 billion in 2024, reflecting a compound annual growth rate (CAGR) of 19.1%. This growth in the historical period is attributed to the expansion of the biopharmaceutical industry, rapid development of bioprocesses, regulatory support, high adoption rates of precision medicine, and the enhancement of healthcare infrastructure. Looking ahead to 2028, the market is anticipated to witness exponential growth, reaching $11.28 billion at a CAGR of 20.3%. Factors contributing to this forecasted growth include personalized medicine and gene therapies, expansion in biopharmaceutical research and development, increased healthcare spending, and a heightened focus on research and development. Key trends in this period encompass the integration of sensors and analytics, closed-system design, customization and modularity, as well as the incorporation of artificial intelligence (AI) and automation, along with the emergence of hybrid facilities.
Global Single-Use Bio Reactors Market Key Driver
The single-use bioreactor market is expected to grow with the increasing demand for pharmaceutical products. The total pharmaceutical production in Europe reached $351 billion in 2021, with a 5% increase. Single-use bioreactors play a pivotal role in the production of biopharmaceuticals, including antibodies, vaccines, and gene therapies. The rising demand for pharmaceutical products is driving the growth of the single-use bioreactor market.
Get A Free Sample Of The Global Single-Use Bio Reactors Market ReportGlobal Single-Use Bio Reactors Market Segments
The global single-use bio reactors market covered in this report is segmented –
1) By Type: Stirred-Tank SUBs, Wave-Induced SUBs, Bubble-Column SUBs, Other Types
2) By Molecule Type: Vaccines, Monoclonal Antibodies, Stem Cells, Recombinant Proteins
3) By Cell Type: Mammalian Cell, Bacteria, Yeast
4) By Application: Research And Development (R&D), Process Development, Bioproduction
5) By End User: Pharmaceutical And Biopharmaceutical Companies, Contract Research Organizations (CRO), Academic And Research Institutes, Contract Manufacturing Organizations (CMO)
By Geography: The regions covered in the Single-Use Bio Reactors market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North Americawas the largest region in the single use bioreactors market in 2023. Asia-Pacificis expected to be the fastest-growing region in the forecast period. The regions covered in the single-use bio reactors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Single-Use Bio Reactors Industry Players
CESCO Bioengineering Co Ltd, PBS Biotech Inc, Solida Biotechnology GmbH, ABEC Inc., Eppendorf AG, Sartorius Stedim Biotech Sa Ltd, Danaher Corporation Ltd, Thermo Fisher Scientific Inc., GE Healthcare, Merck Kgaa (Merck Millipore) Pvt Ltd, Distek Inc, Celltainer Biotech Bv Pvt.Ltd, Getinge AB, Pall Corporation, G&G Technologies Inc, SATAKE MultiMix Corporation, Bio-Age Equipment & Service Pvt.Ltd, Entegris Inc., Avantor Inc., Celartia, Cell Culture Company, Cytiva, Solaris Biotechnology srl., Cellexus International Ltd., Distek Inc., Infors AG, OmniBRx Biotechnologies, Xcellerex Inc., Applikon Biotechnology Inc., BBI-Biotech GmbH
Get The Full Global Single-Use Bio Reactors Market Report
Single-Use Bio Reactors Market Overview
A single-use bioreactor is a bioreactor that has a disposable bag instead of a culture vessel. Single-use bioreactors permit processors to move to the utilization of disposable technologies, including single-use bags, in assembly steps that had been reserved for stainless steel gear.
Single-Use Bio Reactors Global Market Report 2023 provides data on the global single-use bio reactors market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The single-use bio reactors market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.