Single Use Bioreactors Market Development And Business Intelligence
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Summary
- Single Use Bioreactors Market Growth Factors & Global Market Size.
- Leading Players & Top Segments.
- Geographic Overview.
Market growth influenced due to following factors-
- Increasing adoption of SUBs among small companies and start-ups.
- Reduced automation complexity, ease in the cultivation of marine organisms.
- Reduced energy and water consumption.
- Growing biologics market.
- Increasing Biopharmaceutical R&D are factors driving the growth of this market.
Global market size -
According to the new market research report Single use Bioreactors Market is projected to reach USD 3.9 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 18.0%.
Leading players –
The prominent players operating in the Single-use Bioreactors Market are Sartorius Stedim Biotech (France), Thermo Fisher Scientific (US), Danaher Corporation (US), and Merck Millipore (Germany).
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Top Segment –
• Based on product, the Single use Bioreactors Market is categorized into single-use bioreactor systems, single-use media bags, single-use filtration assemblies, and other products such as single-use vessels, tubing, connectors, control systems, and probes/sensors, among others.
• Based on type, the Single use Bioreactors Market is categorized into wave-induced SUBs, stirred-tank SUBs, bubble-column SUBs, and other bioreactors such as hybrid bioreactors and SUBs with vertically perforated discs. The stirred-tank SUBs segment dominated the market in 2019.
• Based on end users, the Single use Bioreactors Market is segmented into pharmaceutical & biopharmaceutical companies, contract research organizations and contract manufacturing organizations (CROs and CMOs), and academic & research institutes. The contract research organizations (CROS) and contract manufacturing organizations (CMOS) segment is projected to register the highest CAGR of 21.4% in the market during the forecast period.
Geographic Overview –
North America accounted for the largest share of the Single use Bioreactors Market, followed by Europe in 2019. The large share of the North American regional segment can be attributed to the presence of a well-established biopharmaceutical industry and major players operating in the market.
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