Rising prevalence of chronic diseases and favourable government initiatives to improve healthcare infrastructure are the key factors driving industry growth  

Market Size – USD 2.29 Billion in 2020, Market Growth - CAGR of 10.7%, Market Trends- Surging demand for personalized medicine

The global bioreactors and fermenters market size is expected to reach USD 5.17 Billion by 2028 at a CAGR of 10.7% through the forecast period, according to the latest report by Reports and Data. Increasing popularity of single-use bioreactor among biopharmaceutical companies to cultivate biologics is the key factor expected to drive market revenue growth over the forecast period.

Bioreactors and fermentors are culture systems to produce organisms or cells. They are used in various applications, including the manufacturing of biopharmaceuticals, basic research & development, chemicals, food & food additives, and other products. Cultivating cells and microbes in bioreactors can save work, time, and lab-space. It also improves the reproducibility and efficiency of cell growth and product formation.

Increasing focus of biologics manufacturers to scale-up production technologies for biologics is expected to stimulate global bioreactors and fermenters market trends. Moreover, surging demand for personalized medicines coupled with rising number of FDA approved orphan drugs has led to increased bio production, which in turn is expected to offer major opportunities for the industry growth in the coming years.

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The companies operating in the market and profiled in the report include

Sartorius AG BBI, GE Healthcare, Praj Hipurity Systems, Danaher (Pall), ZETA, Thermo Fisher, Pierre Guerin (DCI-Biolafitte), Bioengineering AG, Merck KGaA, Solaris, Applikon Biotechnology, Eppendorf AG, and Infors HT among others. Rising investments by the key industry players for the R&D activities will bolster market growth over the analysis period.

The report further discusses in detail the market segmentation

Type Outlook (Revenue, USD Billion; 2018-2028)

• Single-use Bioreactors
• Multiple-use Bioreactors

Application Outlook (Revenue, USD Billion; 2018-2028)

• Biopharmaceutical Companies
• CROs
• Academic and Research Institutes
• Others

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market scope in key regions and crucial factors influencing market growth in major countries. Regional analysis covers the following:

• North America
  • Canada
  • U.S.
  • Mexico
• Europe
  • Germany
  • Italy
  • U.K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

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Key Advantages of the Bioreactors and Fermenters Market Report:

• Detailed analysis of changing dynamics of the global Bioreactors and Fermenters market
• Valuable insights on key market growth driving trends and monetary competence over the forecast period
• SWOT analysis and Porter’s Five Forces analysis for each key market player to offer competitive advantage to readers and investors
• Comprehensive assessment of competitive landscape and regional analysis
• Assessment of key factors driving and restraining market growth
• Analysis of threats, limitations, growth prospects, opportunities, and barriers in the market
• Strategic recommendations to key market players and new entrants to assist them in gaining a robust footing in the market

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