How Will The Single-Use Bio Reactors Market Globally Expand In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s single-use bio reactors market report forecasts the single-use bio reactors market size to grow to $8.91 Billion by 2027, with a CAGR (compound annual growth rate) of more than 18%.
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Single-Use Bio Reactors Market Size Forecast
The global single-use bio reactors market is expected to grow from $3.77 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 18.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The single-use bio reactors market size is expected to grow to $8.91 billion in 2027 at a CAGR of 18.8%.
North America held the largest single-use bio reactors market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Single-Use Bio Reactors Market Driver – Growth In Adoption Of Single-Use Technologies
For example, according to the American Pharmaceutical Review, in 2020, single-use bioreactors are used by 71.2% of the industries in process development, and over 55% use single-use sampling systems in clinical or commercial production. Therefore, the rapid adoption of SUTs by the industry is driving the growth of the single-use bioreactor market.
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Key Single-Use Bio Reactors Market Trend – Product Innovations
Innovations in technology and the increasing trend of mobile gaming technology are also encouraging market demand. Major companies in the market are focusing on launching innovative products for market growth. For instance, In March 2020, Sartorius, a Germany-based biopharmaceutical company, launched BIOSTAT STR Generation 3 with BIOBRAIN, making biopharmaceutical development and production faster, simpler, and safer. This robust industrial platform contains hardware, software, and consumables for single-use process development and commercial biomanufacturing. Biostat STR bioreactors and Flexsafe STR bags have been ranging from 12.5L to 2000L in the working volume. The system has been powered by BIOBRAIN, a new automation platform that gives biologics manufacturers the flexibility to quickly and easily configure the Biostat STR system to meet their precise needs.
Single-Use Bio Reactors Market Segment
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)
Single-Use Bio Reactors Market Major Players and Strategies
Major players in the single-use bio reactors market are 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, and Bio-Age Equipment & Service Pvt.Ltd.
In April 2020, Sartorius, a Germany-based pharmaceutical and laboratory equipment supplier, acquired the life science businesses of Danaher Corporation for an undisclosed amount. This acquisition of Danaher life sciences Broadens portfolio for the development and production of biotech medicines. Danaher Corporation is a US-based company that provides single-use bioreactors.
The Single-Use Bio Reactors Global Market Report 2023 covers regional data on single-use bio reactors market size, single-use bio reactors market trends and drivers, opportunities, strategies, and single-use bio reactors market competitor analysis. The countries covered in the single-use bio reactors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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.
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