Bioreactors Market - By Product Type (Single-use, Reusable), Cell (Mammalian, Bacterial, Yeast), Molecule (Vaccines, mAbs), Material (Stainless Steel, Glass, Single-use), Size (<500L, 501-5,000L, >5,000L), Usage, End-use – Global Forecast 2024 – 2032
Report ID: GMI141
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Published Date: August 2024
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Report Format: PDF
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Base Year: 2023
Companies covered: 15
Tables & Figures: 175
Countries covered: 23
Pages: 213
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Bioreactors Market
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Bioreactors Market Size
Bioreactors Market size was valued at around USD 10.4 billion in 2023 and is estimated to grow at 11.8% CAGR from 2024 to 2032. A bioreactor is a device or vessel that provides a controlled environment for the cultivation of organisms, such as bacteria, yeast, or animal cells, or for the enzymatic or chemical reactions involving these organisms. Bioreactors are used in various industries, including biotechnology, pharmaceuticals, and food production, to produce products like proteins, vaccines, enzymes, biofuels, and other bio-based materials.
The burgeoning demand for biopharmaceuticals worldwide, alongside advancements in bioreactor technology, fuels the market's expansion. Innovations such as single-use bioreactors offer cost-effectiveness and process efficiency, attracting biopharmaceutical manufacturers seeking streamlined production processes. For instance, in October 2021, Waters Corporation and Sartorius AG announced a strategic collaboration aimed at providing bioprocess experts with direct access to high-quality mass spectrometry (MS) data. This initiative was designed to enhance the speed and accuracy of biopharmaceutical process development.
The partnership involved the implementation of Waters Corporation's BioAccord LC-MS System as a new bioprocess analyzer, which was connected to Sartorius AG's Ambr multi-parallel bioreactor systems. This integration delivered comprehensive mass spectral information on drug substances, related analytes, and cell culture media. The collaboration significantly accelerated and improved the accuracy of tasks ranging from clone selection to bioprocess optimization.
Moreover, the rapid growth of the biotechnology sector, coupled with supportive government policies and stringent regulatory standards, further propels market growth. Thus, the bioreactors market experiences a significant surge stimulated by increased demand, technological advancements, and expanding sectors, positioning it as a critical component in the biopharmaceutical and biotechnology industries' landscape.
Bioreactors Market Trends
Bioreactors Market Analysis
Based on product type, the market is bifurcated into single-use and reusable. The reusable segment dominated the market with the largest revenue of USD 7.7 billion in 2023.
Based on cell, the bioreactors market is segmented into mammalian cells, bacterial cells, yeast cells, and other cells. The mammalian cells segment dominated the market and was valued at USD 8.3 billion in 2023.
Based on molecule, the bioreactors market is segmented into monoclonal antibodies, vaccines, recombinant proteins, stem cells, gene therapy, and other molecules. The vaccines segment held the largest revenue of USD 5.2 billion in 2023.
Based on usage, the bioreactors market is bifurcated into developmental, pre-clinical & clinical, and commercial production. The commercial production segment held the largest revenue of USD 8.2 billion in 2023.
Based on size, the bioreactors market is segmented into less than 500L, 501-5,000L, and more than 5,000L. The 501-5,000L segment held the largest revenue of USD 4.2 billion in 2023.
Based on material, the bioreactors market is segmented into stainless steel, glass, and single-use. The stainless steel segment held the largest revenue of USD 6.3 billion in 2023.
Based on end-use, the bioreactors market is segmented into R&D organizations, biopharma manufacturers, and contract manufacturing organizations. The biopharma manufacturers segment dominated the market with the largest revenue of USD 4.5 billion in 2023 and is expected to grow at a lucrative CAGR over the forecast period.
The North America bioreactors market is forecasted to reach USD 10.9 billion by 2032. The U.S. dominated the North America market with the largest revenue of USD 3.8 billion in 2023.
The bioreactors market in UK is expected to experience significant and promising growth of 11.8% from 2024 to 2032.
Japan bioreactors market is anticipated to witness lucrative growth and is expected to reach USD 1.2 billion by 2032.
The bioreactors market in South Africa is expected to experience significant and promising growth of 10.1% from 2024 to 2032.
Bioreactors Market Share
The bioreactors sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovations such as automation and process control, integrated sensors and analytics, high-density cell cultures, and hybrid bioreactors. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.
Bioreactors Market Companies
Some of the eminent market participants operating in the bioreactors industry include:
Bioreactors Industry News:
The bioreactors market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 – 2032 for the following segments:
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Market, By Product Type
Market, By Cell
Market, By Molecule
Market, By Usage
Market, By Material
Market, By Size
Market, By End-use
The above information is provided for the following regions and countries: