JERSEY
CITY, N.J., July 24,
2024 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd.
announces the release of a market assessment report on the
"Global Fermenters and Bioreactors
Market Size, Share & Trends Analysis Report By
Distribution by Type of Product (Bioreactors and Fermenters),
Fabrication Material (Glass, Stainless Steel, Single Use), Type of
Bioprocess (Batch and Fed-batch, Continuous), Type of Biologic
(Antibodies, Vaccines, Cell Therapies, Other Biologics) - Market
Outlook And Industry Analysis 2031".
The Global Fermenters and Bioreactors Market is valued
at US$ 21.5 Bn in 2023, and it is
expected to reach US$ 43.2 Bn by
2031, with a CAGR of 9.2% during the forecast period of
2024-2031.
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Fermenters and bioreactors are essential instruments employed in
a variety of industries, such as pharmaceuticals, food and
beverage, and chemical production, to create ideal environments for
the cultivation of microorganisms, cells, and tissues. These
systems create controlled environments that facilitate the
production of a diverse range of products, from antibodies and
vaccines to enzymes and biofuels.
Fermenters are primarily designed for the growth and maintenance
of bacterial and fungal cells, while larger bioreactors are
commonly employed in the biopharmaceutical sector for the
production of vaccines, monoclonal antibodies, and other biologics.
They enable precise control over critical parameters such as
temperature, pH, dissolved oxygen, and nutrient levels, ensuring
ideal growth conditions for the target organisms or cells.
The global market for bioreactors and fermenters is set for
significant growth, driven by a variety of factors. Key drivers
include the rising demand for biopharmaceuticals and personalized
medicines, an increasing prevalence of chronic diseases, and
advancements in biotechnology and bioprocessing technologies.
Additionally, the adoption of continuous bioprocessing and
single-use systems is further propelling market expansion. These
trends highlight the importance of bioreactors and fermenters in
meeting the growing need for efficient and scalable production
processes across multiple sectors.
List of Prominent Players in the Fermenters and Bioreactors
Market:
- Getinge (Applikon)
- Bionet
- Cytiva
- Eppendorf
- Merck
- Ollital Technology
- Parr Instrument Company
- Sartorius
- Shanghai Bailun Biological Technology
- Solaris Biotech (Donaldson)
- Solida Biotech
- Zhengzhou Laboao Instrument Equipment (LABAO)
Fermenters and Bioreactors Market Report Scope:
Report
Attribute
|
Specifications
|
Market Size Value In
2022
|
USD 21.5 Bn
|
Revenue Forecast In
2031
|
USD 43.2 Bn
|
Growth Rate
CAGR
|
CAGR of 9.2% from 2024
to 2031
|
Quantitative
Units
|
Representation of
revenue in US$ Bn and CAGR from 2024 to 2031
|
Historic
Year
|
2019 to 2023
|
Forecast
Year
|
2024-2031
|
Report
Coverage
|
The forecast of
revenue, the position of the company, the competitive market
structure, growth prospects, and trends
|
Segments
Covered
|
By Type of Product,
Fabrication Material, Type of Bioprocess, Type of Biologic and By
Region
|
Regional
Scope
|
North America; Europe;
Asia Pacific; Latin America; Middle East & Africa
|
Market Dynamics:
Drivers-
The rising demand for biologics, vaccines, monoclonal
antibodies, and other biopharmaceutical products is a significant
driver for the fermenters and bioreactors market, particularly as
the prevalence of chronic diseases increases, necessitating
advanced biopharmaceuticals that require specialized production
systems. Technological advancements in continuous bioprocessing,
single-use bioreactors, and real-time monitoring are enhancing the
adoption of these systems, enabling more efficient and
cost-effective production of biologics.
Additionally, the growth of personalized medicine, including
cell and gene therapies, is creating new applications for
fermenters and bioreactors, as their controlled environments are
crucial for cell growth and differentiation. Furthermore, the
increasing demand for sustainable energy and bio-based chemicals is
propelling the use of bioreactors in producing biofuels and other
industrial biotechnology products, leveraging microorganisms to
generate a variety of bio-based fuels, enzymes, and specialty
chemicals.
Challenges:
The fermenters and bioreactors market faces significant
challenges, including high initial and operational costs that can
hinder smaller companies from entering the industry, as the
expenses for manufacturing, maintenance, and operation are
substantial. Additionally, intense competition from established
players can impact market share and growth, making the landscape
highly fragmented. Moreover, scaling up production with these
systems poses technical and logistical difficulties, complicating
efforts to meet increasing demand.
Regional Trends:
North America is witnessing
significant technological advancements in bioprocessing systems,
particularly with the rise of single-use disposable bioreactors,
which has facilitated the adoption of advanced technologies in the
region. Coupled with increasing investments in biotechnology
research and development, these advancements are driving the growth
of the fermenters and bioreactors market, as companies focus on
creating next-generation products with enhanced features.
Additionally, the high demand for biopharmaceuticals, including
vaccines, monoclonal antibodies, and other biologics, further fuels
the need for bioreactors and fermenters to support their
manufacturing processes.
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Recent Developments:
- In March 2024, Getinge is
expanding its bioreactor lineup with the introduction of the
Single-Use Production Reactor (SUPR) system, available in 50-liter
and 250-liter sizes. Built on the same proven platform as its
smaller bioreactors, the SUPR system enables operators to expedite
the production of life-saving medicines, ultimately enhancing
quality of life.
- In June 2023, Culture
Biosciences and Cytiva are collaborating to enhance innovation in
upstream bioprocessing by offering customers improved predictive
and scalable solutions. Their partnership focuses on developing new
bioprocess technologies that leverage digitization, in-silico
methods, and virtual monitoring to optimize experiments.
Segmentation of Fermenters and Bioreactors Market-
By Type of Product:
By Fabrication Material:
- Glass
- Stainless Steel
- Single Use
By Type of Bioprocess:
- Batch and Fed-batch
- Continuous
By Type of Biologic:
- Antibodies
- Vaccines
- Cell Therapies
- Other Biologics
By Region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of Middle East and
Africa
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Why should buy this report:
- To receive a comprehensive analysis of the prospects for global
Fermenters and Bioreactors market
- To receive industry overview and future trends of global
Fermenters and Bioreactors market
- To analyze the Fermenters and Bioreactors market drivers and
challenges
- To get information on the Fermenters and Bioreactors market
size value (US$ Mn) forecast till 2031
- Major Investments, Mergers & Acquisition in global
Fermenters and Bioreactors industry
Other Related Reports Published by InsightAce
Analytic:
Mini Bioreactors and Micro Bioreactors Market
Biopharmaceutical Fermentation Market
Continuous Bioprocessing Market
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