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Forecast Report on Global Single-Use Bioreactors Market Size & Share [2022-2028] Worth USD 10123.61 Million | Exhibiting a CAGR of 20.70%: Industry Trends, Demand, Companies, Sales & Analysis | Zion Market Research | ||||||||||||||||||||||||||||||||
By: PR Newswire Association LLC. - 08 Aug 2022 | Back to overview list |
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NEW YORK, Aug. 8, 2022 /PRNewswire/ -- As per Zion Market Research study, The global single-use bioreactors market size was worth around USD 3,274.10 million in 2021 and is estimated to grow to about USD 10,123.61 million by 2028, with a compound annual growth rate (CAGR) of approximately 20.70 percent over the forecast period. Single-Use Bioreactors Market: Overview Single-use bioreactors (SUBs), also known as disposable bioreactors, use disposable bags instead of stainless steel or glass culture vessels. It is flexible, easy to install, and requires fewer utility requirements such as steam and water. It also reduces labor costs, minimizes the risk of cross-contamination, and eliminates cleaning process and verification issues. As a result, a wide range of applications can be found in contract research organizations (CROs) and contract manufacturing organizations (CMOs) around the world. Overall, disposable bioreactors are suitable for the production of bio pharmacy due to their high operational efficiency. Recently, the endless efforts of companies to promote their products have proved to be very progressive. You can see working on the instant sensor system, design, agitation mechanism & film technology of disposable bioreactors. Increased acceptance of SUBs among small and medium-sized enterprises and start-ups, reduced automation complexity, ease of cultivating marine organisms, reduced energy & water consumption, growth of the biopharmaceutical market, technological advances in SUBs, and increased R & D in biopharmaceuticals are factors driving drive growth market. Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/single-use-bioreactors-market Our Free Sample Report Includes:
Key Industry Insights & Findings of the Single-Use Bioreactors Market Reports:
Industry Dynamics: Single-Use Bioreactors Market: Growth Drivers
The susceptibility of the elderly population group to various diseases along with the growing elderly population is driving the demand for bio pharmacies worldwide. In anticipation of this demand, global companies are focusing on biopharmaceutical R & D and manufacturing to develop products and scale production. The pharmacy industry invests an average of six times more R & D in sales than other manufacturing industries. In 2018, bio pharmacy companies invested (estimated) US $ 102 billion in R & D (Source: PhRMA). Disposable technology is an integral part of the bio pharmacy manufacturing process. They account for the majority of small and medium-sized bio pharmacy production, especially in clinical trials and R & D. Due to the advantages of disposable systems over traditional bio-manufacturing techniques, their adoption in biopharmaceutical research and development is increasing. Therefore, increased R & D spending is seen as a positive indicator of global single-use bioreactors market growth. Single-Use Bioreactors Market: Restraints
Reliable, accurate, and cost-effective sensor availability that meets SUB needs is one of the key challenges in the market. The sensors used in the SUB must be compatible with the existing SUB platform and manage the system without compromising the sterility of the material. Traditionally, the sensor was installed in the SUB system, but this method reduced the quality of the final product. Ideally, the sensor and SUB are shipped as a unit, and the sensor is pre-installed on the SUB to ensure sterilization of the container and sensor. However, due to leaching and extractability issues, the quality of available sensors does not meet GMP standards. This creates challenges when using SUBs, but there is room for improvement in this market segment. But with development of more accurate and individual process sensors for various parameters (pH value, temperature, flow measurement, product quality), it can then be incorporated into a bioprocess workflow. Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/single-use-bioreactors-market Global Single-Use Bioreactors Market: Opportunities
Emerging markets such as China, India, and Indonesia offer significant growth opportunities due to the high growth of their respective pharmaceutical and biopharmacy sectors due to less stringent regulatory guidelines, cheaper labor, and more skilled labor. Due to their cost advantage and skilled workforce, these countries have become hubs for bioprocess outsourcing. Developing countries show that disposable systems are growing fast. For example, many of China's new bioprocessing plants are expected to be built to meet both domestic demand and the desire to become a biopharmacy exporter. Chinese biopharmacy companies have also found that Chinese CMOs are more likely to accept the adoption of disposable technology than domestic biopharmaceutical developers/manufacturers. In 2018, Wuxi Biologics partnered with ABEC to install a 4,000L custom single-run disposable bioreactor at a new commercial production facility in Wuxi, China. Global Single-Use Bioreactors Market: Segmentation
By product, the market is divided into single-use bioreactor systems, single-use media bags, single-use filtration assemblies, and other products (single-use vessels, tubing and connectors, samplers, probes/sensors, and others). Among these, the single-use bioreactor systems segment dominates the market because single-use bioreactor systems offer benefits such as reduced capital investment, operating costs, and environmental footprint, facilitating the acceptance of these systems in bio pharmacy applications. By type, the market is classified into stirred-tank SUBs, wave-induced SUBs, bubble-column SUBs, and Other SUBs (Hybrid bioreactors and SUBs with vertically perforated discs). Over the forecast period, the stirred-tank SUBs segment is expected to develop at the fastest rate due to the high demand for culturing aerobic microbial cultures and agitated SUBs. The agitation tank SUB promotes greater oxygen transfer and reduces engineering challenges such as heat removal, mass transfer, and faster agitation speeds. Get More Insight before Buying@: https://www.zionmarketresearch.com/inquiry/single-use-bioreactors-market List of Key Players in Single-Use Bioreactors Market:
Key questions answered in this report:
Report Scope:
Free Brochure: https://www.zionmarketresearch.com/requestbrochure/single-use-bioreactors-market Recent Developments
Regional Dominance:
During the forecast period, North America is likely to dominate the global single-use bioreactors market. The expansion of the region's manufacturing capacity is complementing the market's growth. For example, in September 2021, Thermo Fisher Scientific announced plans to build a new manufacturing facility for disposable bioprocessing products. The addition of the Nashville facility has expanded the global network of SUT manufacturing facilities. The presence of an established bio pharmacy industry and the presence of key players operating in the North American market. Global Single-Use Bioreactors Market is segmented as follows: Single-Use Bioreactors Market: By Product Outlook (2022-2028)
Single-Use Bioreactors Market: By Type Outlook (2022-2028)
Single-Use Bioreactors Market: By Type of Cell Outlook (2022-2028)
Single-Use Bioreactors Market: By Molecular type Outlook (2022-2028)
Single-Use Bioreactors Market: By Application Outlook (2022-2028)
Single-Use Bioreactors Market: By End User Outlook (2022-2028)
Single-Use Bioreactors Market: By Region Outlook (2022-2028) North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Press Release For Single-Use Bioreactors Market: https://www.zionmarketresearch.com/news/global-single-use-bioreactors-market Browse Other Related Research Reports from Zion Market Research
Browse through Zion Market Research's coverage of the Global Healthcare Industry Follow Us on: LinkedIn | Twitter | Facebook About Us Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, and company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us. Contact Us: Zion Market Research Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg SOURCE Zion Market Research |
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