Kenneth Research recently added a report on ‘Single-use Bioreactors Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Single-use Bioreactors Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Single-use Bioreactors Market products.
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The global Single-use Bioreactorsmarket was valued at USD 818.27million in 2016 and is projected to reach USD 4841.79millionby 2025, growing at a CAGR of 21.84% from 2017 to 2025.
A single-use bioreactor or disposable bioreactor is a bioreactor with a disposable bag instead of a culture vessel. Typically, this refers to a bioreactor in which the lining in contact with the cell culture will be plastic, and this lining is encased within a more permanent structure. It is more environmental friendly and thus is in high demand.
1. Market Drivers
1.1 Increasing Adoption of Subs Among Small Companies and Startups
1.2 Reduced complexities in automation technologies
1.3 Ease in supporting Marine animal breeding
1.4 Environmental friendly
2. Market Restraints
2.1 Regulatory Concerns
2.2 Issues regarding leaks
1. By Application:
1.1 Research & Development
1.2 Process Development
2. By Type of Cell:
2.1 Mammalian Cells
2.2 Bacterial Cells
2.3 Yeast Cells
2.4 Other Cells
3. By End User:
3.1 Biopharmaceutical Manufacturers
3.2 R&D Departments
4. By Type of Molecule:
4.1 Monoclonal Antibodies (MABS)
4.3 Stem Cells
4.4 Gene-Modified Cells
4.5 Other Molecules
5. By Type:
5.1 Stirred-Tank Single Use Bioreactor
5.2 Wave-Induced Single Use Bioreactor
5.3 Bubble-Column Single Use Bioreactor
5.4 Other Single Use Bioreactor
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
The major players in the market are as follows:
1. Sartorius Stedim Biotech
2. Merck Millipore
3. GE Healthcare
5. Thermo Fisher Scientific
6. Parker Hannifin
7. Applikon Biotechnology
9. Cesco Bioengineering
11. Celltainer Biotech
12. PBS Biotech
14. Solida Biotech
15. Pierre Guerin
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Single-use Bioreactorsmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
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