“Global Bioreactor market set to grow to $1.7bn by 2025” says new Visiongain report
10 January 2020
Visiongain has launched a new pharma report: Global Bioreactors Market 2020-2030: 5L-20L, 20L-200L, 200L-1500L, Above 1500L, Single-Use, Glass, Stainless Steel, Lab-Scale, Pilot-Scale, Full-Scale, R&D Departments, Biopharmaceutical Manufacturers, Contract Research Organizations, Other End-Users.
Bioreactors are vessels or apparatus that are designed to provide a controlled environment for the optimal growth of microbes. The primary factor boosting the demand of bioreactors includes increased consumer demand for biopharmaceuticals. Biopharmaceuticals allows the modulation of physiological processes at the cellular level, hence, are effective in the treatment of disorders that are tough to be treated by conventional drugs.
The lead analyst of the report commented "Factors driving the bioreactors market growth include rise in the rate of adoption of single-use technologies, growing demand for biopharmaceuticals, rising penetration of biosimilars, and growing aging population. However, regulatory challenges pertaining to single-use bioreactors and issues concerning leachable and extractable linked to single-use bags are some of the factors hampering the growth of bioreactors market."
Leading companies featured in the report include Applikon Biotechnology Inc. (U.S.), BBI-Biotech GmbH (Germany), Bioengineering AG (Switzerland), Danaher Corporation (U.S), Eppendorf AG (Germany), GE Healthcare (A subsidiary of General Electric Company) (U.S.), Merck KGaA (Germany) and other companies.
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