Chicago, April 28, 2023 (GLOBE NEWSWIRE) -- The single-use bioreactor industry is expected to experience tremendous growth in the near future due to increased demand for more cost-effective and efficient production of biopharmaceuticals. The use of single-use bioreactors has the potential to reduce capital investment and operational costs, as well as increase production flexibility. This is expected to lead to a significant increase in the number of companies investing in and utilizing single-use bioreactors. Additionally, ongoing research and development of new technologies and systems, such as advanced sensors and advanced analytics, are expected to further drive growth in the near future. Finally, the growing global demand for biopharmaceuticals is expected to increase the demand for single-use bioreactors, further driving growth in the industry.
Single-Use Bioreactors market in terms of revenue was estimated to be worth $4.2 billion in 2023 and is poised to reach $10.0 billion by 2028, growing at a CAGR of 19.0% from 2023 to 2028 according to a latest report published by MarketsandMarkets. The factors driving the growth of this market include the increasing adoption of single-use bioreactors among startups and SMEs, lower operational complexity of single-use bioreactors compared to conventional stainless-steel bioreactors, reduced energy and water consumption, growing size of the biologics and biosimilars market, and technologically advanced offerings by players in single-use bioreactors. However, extractability and leachability issues regarding disposable of single-use components used in bioreactors and regulatory concerns related to single-use bioreactors are the major factors restraining the growth of this market to certain extent.
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Single-Use Bioreactors Market Scope:
Based on product, the single-use bioreactors market is segmented into single-use bioreactor systems, single-use media bags, single-use filtration assemblies, and other products. The single-use bioreactor systems segment dominated the single-use bioreactors market in 2022. Single-use bioreactor systems offer advantages such as low capital investment, low operating expenses, and lower environmental footprint.
Based on type, the single-use bioreactors market is segmented into stirred-tank single-use bioreactors, wave-induced single-use bioreactors, bubble-column single-use bioreactors, and other single-use bioreactors such as hybrid bioreactors and single-use bioreactors with vertically perforated discs. The stirred-tank single-use bioreactors segment dominated the market in 2022 owing to stirred-tank single-use bioreactors in the culturing of aerobic microbial cell cultures.
Based on the type of molecule, the global single-use bioreactors market is segmented into monoclonal antibodies (mAbs), vaccines, gene-modified cells, stem cells, and other molecules. In 2022, the monoclonal antibodies segment accounted for the largest share of the global single-use bioreactors market owing to the increasing demand for single-use bioreactors in the manufacturing of mAbs, owing to low investment costs and a reduction in time-intensive changeover procedures.
Based on the type of cell, the global single-use bioreactors market is segmented into mammalian cells, bacterial cells, yeast cells, and other cells (insect and plant cells). In 2022, the mammalian cells segment accounted for the largest share of the market. The increasing adoption of mammalian cells due to their post-translational modification capacity and molecular structure assembly that closely resembles proteins in humans are the major factors driving the growth of this segment.Based on application, the single-use bioreactors market is segmented into research & development, process development, and bioproduction. The bioproduction segment accounted for the largest share of the market in 2022 and is projected to register the highest CAGR during the forecast period owing to the increasing use of single-use bioreactors in biomanufacturing and the increasing demand for single-use bioreactors in CMOs due to the advantages it offers, such as flexibility and easy scalability.
Based on end users, the single-use bioreactors market is segmented into pharmaceutical & biotechnology companies, CROs & CMOs, and academic & research institutes. The pharmaceutical & biotechnology companies segment accounted for the largest share of the single-use bioreactors market in 2022 owing to the increasing R&D initiatives by pharmaceutical, biopharmaceutical, and biotechnology companies and growing production of biologics & biosimilars.
Based on region, single-use bioreactors market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, Asia Pacific has the fastest growth rate owing to The factors such as the growing biopharmaceutical industry, growing investments by pharmaceutical & biotechnology companies in the Asia Pacific region, and the growing number of CROs & CMOs in different countries in the region are supporting the growth of the market in the region.
Key Market Players:
Major players operating in the single-use bioreactors market include Sartorius AG (Germany), Thermo Fisher Scientific (US), Danaher Corporation (US), and Merck Millipore (Germany). These companies have manufacturing units as well as strong distribution networks across key regions, such as North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. They have an established portfolio of reputable services, a robust market presence, and strong business strategies. Furthermore, these companies have a significant market share, and vast service portfolio.
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Hypothetic Challenges of Single-Use Bioreactors Market in Near Future:
Top 3 Use Cases of Single-Use Bioreactors Market:
Recent Developments:
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Single-Use Bioreactors Market is Expected to Reach $10.0 billion ... - GlobeNewswire
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