Global Single Use Bioreactors Market

Single Use Bioreactors Market Size, Share, Growth Analysis, By Product(Single-Use Bioreactors Systems, Single-Use Media Bags, Single-Use Filtration Assemblies, Others), By Type(Stirred-Tank Subs, Wave-Induced Subs, Bubble-Column Subs, Other Subs), By Molecule Type(Monoclonal Antibodies, Vaccines, Gene Modified Cells, Stem Cells), By End-User(Pharmaceutical & Biopharmaceutical Companies, CROs & CMOs, Academic & Research Institutes), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35H2227 | Region: Global | Published Date: February, 2024
Pages: 260 | Tables: 121 | Figures: 77

Single Use Bioreactors Market Dynamics

Single Use Bioreactors Market Drivers

Rise in geriatric population and need for workflow in biopharmaceuticals to boost market demand

  • Due to the growing geriatric population's increased susceptibility to a wide range of diseases, there is a rising demand for biopharmaceuticals on a global scale. Global corporations are concentrating on biopharmaceutical R&D and manufacturing for product development and increased production in response to this demand. 
  • Workflows for manufacturing biopharmaceuticals must include single-use technologies. Particularly in clinical testing, R&D, and small- and mid-scale biopharmaceutical manufacturing, they represent a significant portion of the industry. Single-use systems have become more popular in biopharmaceutical R&D due to their advantages over traditional manufacturing methods. As a result, it is believed that rising R&D spending is a sign that the market is expanding.

Single Use Bioreactors Market Restraints 

Lack of accurate information and compatibility to challenge the market growth

  • One of the main issues in the market is the lack of dependable, accurate, and affordable sensors that can meet the needs of SUBs. In order to manage the system without compromising the sterility of the materials, the sensors used in SUBs must be compatible with the existing SUB platforms. SUB systems have typically had sensors installed, but this practice decreased the quality of the finished product.
  • Limited scalability is one of the major issues witnessed in the market, It is also unsuitable for large-scale manufacturing as more disposable components are generated owing to the mass volumes of cultures
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FAQs

Single Use Bioreactors Market size was valued at USD 2.81 billion in 2019 and is poised to grow from USD 3.30 billion in 2023 to USD 12.06 billion by 2031, growing at a CAGR of 17.19% in the forecast period (2024-2031).

The market is rapidly developing, and in the upcoming years, it is anticipated that market competition will rise. The increasing use of disposable bioreactors has led to an increase in new market entrants, which has in turn heightened competition. To maintain their market presence, the major market players are engaging in a number of strategic initiatives. One of the key strategies used by the major market players is the introduction of new products. Other key strategies include mergers and acquisitions and capacity expansion. 'Thermo Fisher Scientific Inc.', 'Sartorius AG', 'Merck KGaA', 'Danaher Corporation', 'Applikon Biotechnology BV', 'Eppendorf AG', 'Pall Corporation', 'GE Healthcare', 'Celltainer Biotech BV', 'Distek, Inc.', 'PBS Biotech Inc.', 'Cellexus Ltd.', 'Parker Hannifin Corporation', 'Bioengineering AG', 'Solida Biotech GmbH', 'CerCell ApS', 'Avantor, Inc.', 'ABL Biotechnologies Ltd.', 'Finesse Solutions, Inc.', 'Kuhner AG'

Due to the growing geriatric population's increased susceptibility to a wide range of diseases, there is a rising demand for biopharmaceuticals on a global scale. Global corporations are concentrating on biopharmaceutical R&D and manufacturing for product development and increased production in response to this demand. 

Growing adoption in the bioprocessing sector: The high rate of adoption of SUBs in the bioprocessing sector is likely to augment the market share in the coming years. Owing to the benefits such as flexibility, scalability, and lower time costs offered through SUBs is likely to be witnessed.

North America maintained a huge dominance and is expected to continue a leading position owing to the presence of significant operating players and the region's well-established biopharmaceutical industry. Additionally, the region's increased manufacturing capacity has added to the market expansion. For instance, Thermo Fisher Scientific announced in September 2021 that it intended to build a new manufacturing facility specifically for single-use bioprocessing products. The addition of the Nashville location increased its network of SUT manufacturing facilities on a global scale. The changing environment for manufacturing and bioprocessing is a key driver of market expansion in the United States.

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Global Single Use Bioreactors Market

Report ID: SQMIG35H2227

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