Report ID: SQMIG35H2227
Report ID:
SQMIG35H2227 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
121 |
Figures:
77
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).
Single-use bioreactors have gained a huge significance as a storage accessory in the pharmaceutical and clinical industry mainly for cell harvesting, culturing, and filtration, media, and buffer, and virus inactivation. Technically, SUBs are disposable bags made of polyethylene and polymer and gamma-sterilized at suppliers end for common end-use. One of the major advantage of using a single-use bioreactor is it reduces the time spent on preparing the bioreactor for the next batch. The market size for SUBs is expected to rise owing to the rise in importance of cell storage and cultivation in the pharmaceutical industry.
In the upcoming years, it is expected that the adoption of disposable bioreactors will accelerate due to the rising demand for highly effective therapeutics that don't need a lot of bioreactors. Small-scale, bench-top SUBs reduce the need for assembling, cleaning, and autoclaving, which results in a quicker turnaround time. These reactors are regarded as the workhorses for process development and optimization, driving the adoption of SUBs for the development of biopharmaceuticals. SUBs also have the potential to be less expensive than traditional bioreactors. Disposable bioreactors typically have lower implementation costs than traditional stainless-steel bioreactor systems. Therefore, the benefits of these products' cost-savings in terms of construction, operation, and cleaning can be primarily blamed for their widespread adoption.
US Single Use Bioreactors Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35H2227