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Bioreactors Market is expected to grow at a considerable rate during the forecast period 2018-2023. The bioreactors are used for growing organisms such as yeast, bacteria, or animal cells in a biologically active environment. With the growing life science industry globally, bioreactors are extensively being used in the production of monoclonal antibodies, recombinant therapeutics, drug discovery and so forth. Bioreactors enable the control over temperature, moisture, pH, oxygen, and stirring rate for optimal cell growth and productivity. The factors contributing to the growth of the market are the growing technological advancements in bioreactor design, growing demand for therapeutically effective vaccines, and new product in development.
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Global Bioreactors Market Research and Forecast, 2018-2023 Orion Market Research
DEFINITION The bioreactors are used for growing organisms such as yeast, bacteria, or animal cells in a biologically active environment.
MARKET DRIVERS • Growing biopharmaceuticals and biologics industry • Growing demand for single-use technologies • Increasing novel drugs in development and demand for personalized medicines • Increasing capabilities of contract research organizations
MARKET SEGMENTATION BY TYPE • Continuous Stirred Tank Bioreactors • Bubble Column Bioreactor • Airlift Bioreactors • Fluidized Bed Bioreactors • Photo Bioreactors • Membrane Bioreactor • Other
MARKET SEGMENTATION BY APPLICATION • Monoclonal Antibodies • Vaccine • Recombinant Proteins • Stem Cells • Gene Therapy
MARKET PLAYERS • Applikon Biotechnology B.V. • bbi-biotech GmbH • Bioengineering AG • CESCO Bioengineering Co. Ltd. • General Electric Co. • GEA Group Aktiengesellschaft • medorexe.K. • Merck KGaA
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