The bioreactors market was valued at US$ 2,958.50 million in 2019 and is projected to reach US$5,169.01 million by 2027; it is expected to grow at a CAGR of 7.3% from 2020 to 2027.
The growth of the bioreactors market is attributed to the increasing research and development activities and rising number of biochemical processes across various domains. Leading companies operating in the bioreactors market are Thermo Fisher Scientific Inc., Applikon Biotechnology BV, Merck KGaA, Sartorius AG, PBS Biotech, Inc., General Electric, Bioengineering AG, Cellexus, Danaher (Pall Corporation), and bbi-biotech GmbH, among others.
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The global bioreactors market, based on molecule, is segmented into monoclonal antibodies, vaccines, recombinant proteins, stem cells, gene therapy, and others. The monoclonal antibodies segment held the largest share of the market in 2019. However, stem cell segment is estimated to register the highest CAGR in the market during the forecast period.
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The report segments global bioreactors market as follows:
Global Bioreactors Market – By Cell
• Mammalian Cells
• Bacterial Cells
• Yeast Cells
• Others
Global Bioreactors Market – By Molecule
• Monoclonal Antibodies
• Vaccines
• Recombinant Proteins
• Stem Cells
• Gene Therapy
• Others
Global Bioreactors Market – By Technology
• Wave-Induced Motion SUB
• Stirred SUB
• Single-Use Bubble Column
• Others
Global Bioreactors Market – By End User
• Research and Development Organizations
• Biopharma Manufacturers
• Contract Manufacturing Organizations (CMOs)
Global Bioreactors Market – By Geography
• North America
o US
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Spain
o Italy
• Asia Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
• South and Central America (SCAM)
o Brazil
o Argentina
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