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Bioreactors Market | Acumen Research and Consulting

Bioreactors Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Published : Nov 2022

Report ID: ARC1251

Pages : 250

Format : Bioreactors Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

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The Global Bioreactors Market Size accounted for USD 2.3 Billion in 2021 and is projected to occupy a market size of USD 6.5 Billion by 2030 growing at a CAGR of 12.4% from 2022 to 2030.

Bioreactor or fermenter is essential hardware required for bio processing. Bioreactors are explicitly developed systems or vessels that can bolster an organically live condition, as a particular encompassing is required for the cells to develop. The bioreactors by and large are accessible in the range from liters to cubic meters. Bioreactors utilized for expansive scale Cellion of therapeutics are typically made of stainless steel. Small glass bioreactors are regularly utilized for procedure advancement scale up and look into work in the biopharmaceutical segment. Single-use bioreactor, or dispensable bioreactor, has been discovering all the more wide assembling and research use. Bioreactors can execute as sustained clump, continuous mixed tank or bunch reactor frameworks.

Global bioreactors market revenue is projected to reach USD 6.5 Billion by 2030 with a CAGR of 12.4% from 2022 to 2030

Bioreactors Market Report Statistics

  • Global bioreactors market revenue is projected to reach USD 6.5 Billion by 2030 with a CAGR of 12.4% from 2022 to 2030
  • North America bioreactors market share generated over 42% shares in 2021
  • Asia-Pacific bioreactors market growth will record noteworthy CAGR of over 14% from 2022 to 2030
  • Based on cell, mammalian cells recorded USD 1.75 billion revenue in 2021
  • Among end-use, biopharma manufacturers sub-segment accounted for USD 989 million in 2021
  • Increasing R&D for novel product development is a popular bioreactors market trend that fuels the industry demand

North America bioreactors market share generated over 42% shares in 2021

Global Bioreactors Market Dynamics

Market Drivers

  • Growing demand for monoclonal antibiotics
  • Rising demand for single-use bioreactors
  • Technological advancement in bioreactors

Market Restraints

  • High cost associated with bioreactors
  • Concerns related to extractable

Market Opportunities

  • Increasing emphasis on orphan drug development
  • Growing pharma and biotech industries

Bioreactors Market Report Coverage

Market Bioreactors Market
Bioreactors Market Size 2021 USD 2.3 Billion
Bioreactors Market Forecast 2030 USD 6.5 Billion
Bioreactors Market CAGR During 2022 - 2030 12.4%
Bioreactors Market Analysis Period 2018 - 2030
Bioreactors Market Base Year 2021
Bioreactors Market Forecast Data 2022 - 2030
Segments Covered By Cell, By Molecule, By Product Type, By Usage, By End-Use, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Danaher Corporation, Merck Group, Thermo Fisher Scientific, Solaris Biotech Solutions, GE Healthcare, Sartorius, Eppendorf, Infors HT, Merck Millipore, Getinge, and others.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Bioreactors Market Growth Factors

The main considerations driving the development of the worldwide bioreactors market are the ascent in acknowledgment of single-use innovations, expanding biologics, use hybrid technologies, for example, tempered steel and single-use, and the expanding demand for the single-use bioreactor in biopharmaceutical organizations. Different variables boosting the development of the worldwide market are low useful esteem combined with a base support and observing in respect with customary ones. Also, rising unending malady occurrence and developing exploration in the field of biopharmaceuticals will drive the worldwide bioreactor market size. Expanded focal point of biopharmaceutical organizations to create compelling treatment alternatives for the most vagrant illnesses should fuel industry development.

Bioreactors Market Growth 2022 - 2030

Bioreactors Market Segmentation

The global bioreactors Market is segmented based on cell, molecule, product type, usage, end-use, and geography.

Bioreactors Market By Cell

  • Mammalian Cells
  • Yeast Cells
  • Bacterial Cells
  • Others

Based on cell, mammalian cells recorded USD 1.75 billion revenue in 2021

According to our bioreactor industry analysis, the mammalian cells sub-segment held over 76% of the market share in 2021 and is likely to continue this trend in the forthcoming years. The widespread use of mammalian cells in the development and commercialization of viral vaccines and therapeutic proteins, among other biopharmaceuticals, will drive demand for bioreactors.

Bioreactors Market By Molecule

  • Monoclonal Antibodies
  • Vaccines
  • Recombinant Proteins
  • Stem Cells
  • Gene Therapy
  • Others

According to our bioreactors market forecast, vaccines are expected to hold significant market share from 2022 to 2030. The rising prevalence of various chronic infectious diseases will fuel R&D activities for vaccine development, accelerating industry demand. Furthermore, the high prevalence of the COVID-19 virus has accelerated vaccine research and development efforts around the world, stimulating market growth.

Bioreactors Market By Product Type

  • Single-Use
  • Reusable

Based on product type, the single-use bioreactors occupied maximum market share in 2021 and is likely to do so in the coming years. The significant market share in the segment is attributed to an increase in demand for biologic drugs, government initiatives for the development of the pharmaceutical sector, and advancement in R&D activities for vaccine production.

Bioreactors Market By Usage

  • Developmental, Pre-clinical & Clinical
  • Commercial Production

By usage, developmental, preclinical & clinical sub-segment achieved a considerable market share and will continue to gather more market share in the coming future. On the other hand, commercial production sub-segment is anticipated to attain a quick growth during the forecast timeframe from 2022 to 2030.

Bioreactors Market By End-Use

  • R&D Organizations
  • Biopharmaceutical Manufacturers
  • Contract Manufacturing Organizations (CMOs)

Among end-use, biopharma manufacturers sub-segment accounted for USD 989 million in 2021

The end-use segment is dominated by the biopharmaceutical manufacturers. The significant market share in the segment is attributed to an increase in demand for biologic drugs, government initiatives for the development of the pharmaceutical sector, and advancement in R&D activities for vaccine production. R&D organizations will grow with an impressive rate throughout the forecast period.

Bioreactors Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Bioreactors Market Regional Analysis

North America and Europe are thought to be the ruling regions in the worldwide bioreactor market because of the presence of major biopharmaceutical fabricating organizations. Asia Pacific is foreseen to develop essentially in the near future inferable from the enormous consumption conceded to the makers of biologics. Latin America is likewise expected to develop significantly in the worldwide market the same number of biopharmaceutical organizations are anticipating starting manufacturing units in this locale.

Bioreactors Market Players

The global Bioreactor market is characterized by the presence of experienced and established players. Some of the key players include Danaher Corporation, Merck Group, Thermo Fisher Scientific, Solaris Biotech Solutions, GE Healthcare, Sartorius, Eppendorf, Infors HT, Merck Millipore, Getinge, and others.Bioreactors Market Regional Analysis

Frequently Asked Questions

What is the size of global bioreactors market in 2021?

The market size of bioreactors market in 2021 was accounted to be USD 2.3 Billion.

What is the CAGR of global bioreactors market during forecast period of 2022 to 2030?

The projected CAGR of bioreactors market during the analysis period of 2022 to 2030 is 12.4%.

Which are the key players operating in the market?

The prominent players of the global bioreactors market include Danaher Corporation, Merck Group, Thermo Fisher Scientific, Solaris Biotech Solutions, GE Healthcare, Sartorius, Eppendorf, Infors HT, Merck Millipore, Getinge, and Others.

Which region held the dominating position in the global bioreactors market?

North America held the dominating bioreactors during the analysis period of 2022 to 2030.

Which region registered the fastest growing CAGR for the forecast period of 2022 to 2030?

Asia-Pacific region exhibited fastest growing CAGR for bioreactors during the analysis period of 2022 to 2030.

What are the current trends and dynamics in the global bioreactors market?

Growing demand for monoclonal antibiotics, rising demand for single-use bioreactors, and technological advancement in bioreactors drives the growth of global bioreactors market.

Which cell held the maximum share in 2021?

Based on cell, mammalian cells segment is expected to hold the maximum share of the bioreactors market.

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