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Wednesday, 5 October 2016
Single-use Bioreactors Market Global Analysis in Pharmaceutical Industry in 2019
A new market intelligence study by Transparency Market Research offers a thorough overview of the global single-use bioreactors market. The research study, titled “Single-use Bioreactors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013–2019,” presents insights into the key growth prospects, latest trends, and opportunities in the market. The historical data, past performance, and expected growth rate and statistics have been included in the research study to offer a clear picture of the market.
Single-use bioreactors have been gaining traction in recent years as they offer several benefits over conventional bioreactors. Single-use bioreactors ensure safety and do not require any kind of sterilization or cleaning. Moreover, these bioreactors help in saving time and operational cost, thus augmenting the growth of the market. Key types of single-use bioreactors include non-stirred disposable bioreactors, stirred flexible disposable bioreactors, stirred rigid disposable bioreactors, and non-stirred flexible bioreactors. The rising number of diseases across the globe and increasing demand for drugs to treat the patients is the primary factors estimated to boost the demand for single-use bioreactors in the forecast period.
Ease in the cultivation of marine organisms and reduced complexity of automation are the primary factors driving the global single-use bioreactors market. In addition, the increasing popularity of subs among several biopharmaceutical companies and swift growth of the biologics market are expected to create new opportunities in the global market. However, several regulatory issues related to single-use bioreactor and concerns associated with extractables and leachables are projected to restrict the growth of the global single-use bioreactor market in the coming years.
On the basis of geography, the global single-use bioreactors market can be classified into North America, Europe, Asia Pacific, and Rest of the World. Among these segments, Europe and North America account for a massive share in the global market at present as most of the prominent biopharmaceutical companies are located in these two regions. On the other hand, Asia Pacific is projected to witness significant growth in the next few years as several leading companies are setting up their manufacturing units in this region and driving the demand for disposable bioreactors.
Key players operating in the global market for single-use bioreactors include Merck Millipore, PBS Biotech, GE Healthcare, Xcellerex, Cellexus Limited, Sartorius Stedim Biotech, and Thermo Fisher Hyclone. The improved returns on investment for startups and small companies are expected to encourage the participation of new entrants and fuel the growth of the overall market in the next few years.