Bioreactors Market Trends

  • Report ID: 6722
  • Published Date: Nov 20, 2024
  • Report Format: PDF, PPT

Bioreactors Market Trends

Growth Drivers

  • Automation and digitalization of bioreactors: The digital shift is enhancing the capabilities of bioreactors such as improving process control and mitigating human error. The integration of advanced sensors, artificial intelligence (AI), machine learning (ML), and the Internet of Things (ML) are boosting the performance of bioreactors, leading to faster development of biopharma solutions. For instance, the Georgia Institute of Technology reveals that automated bioreactor sampling systems can eliminate the cross-contamination of samples. Thus, the automation and digitalization of bioreactor systems are set to enable better scalability, simplify sampling, boost swift production, and cost-effectiveness of therapeutic solutions, and augment bioreactor adoption among biopharma companies.
  • Increasing demand for biopharma solutions: The rising demand for biosimilars and biologics is positively influencing the sales of bioreactors, as they are essential components of biopharma solution production. The increasing prevalence of infectious and chronic disorders is augmenting a high demand for vaccines, monoclonal antibodies, therapeutic proteins, and gene therapies. The high demand directly creates pressure on production units, and to combat this issue many biopharma companies employ advanced bioreactors.

    Modern bioreactor systems can handle huge cell densities and complex production processes required for biologic and biosimilar manufacturing. For instance, in August 2023, Sartorius AG and Repligen Corporation collaboratively launched an integrated bioreactor system. The Repligen XCell ATF upstream intensification technology is integrated into Sartorius’s Biostat STR bioreactor. This innovative model is gaining traction among biopharma manufacturers as it simplifies intensified seed train and N perfusion implementation, enabling swift production.

Challenges

  • Expensive advanced bioreactor systems: The high-tech bioreactor systems particularly automated and single-use models are costly due to their complex technologies. The capital required to manufacture such a complex system adds up to the overall product costs. This increased cost acts as a barrier to small-scale and medium-scale biopharma companies that are running on tight budgets. Overall high costs of advanced bioreactors can limit their adoption rates. 
  • Strict and long approval processes: The stringent and lengthy product approval procedures hinder the introduction of new bioreactor technologies. As the bioreactors are vital devices used for chemical reactions to develop vaccinations, gene therapy, and antibodies, their validation is important. The strict regulatory policies for the approval and validation of bioreactor systems are time-consuming, which leads to their slow adoption and hampers the profits of bioreactors market players as they are not able to grab trending opportunities.

Bioreactors Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

12.1%

Base Year Market Size (2024)

USD 11.6 billion

Forecast Year Market Size (2037)

USD 51.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 6722
  • Published Date: Nov 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global bioreactors market will be valued at USD 13 billion in 2025.

Expanding at a CAGR of 12.1%, the global market is expected to increase from USD 11.6 billion in 2024 to USD 51.1 billion by 2037.

Some leading companies are Univercells Technologies, PHC Corporation, BioMADE, and Danaher Corporation.

The reusable segment is estimated to capture a high 74.5% of the market share through 2037.

North America is expected to hold 37.7% of the global market share through 2037.
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