Bioreactors Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, Germany, China, India - Size and Forecast 2024-2028

Bioreactors Market 2024-2028

The  Bioreactors Market size is estimated to grow by USD 2.23 billion at a CAGR of 6.99% between 2023 and 2028. 

Several companies in the bioreactors market are offering accessory products with improved features and specific manufacturing standards to make a mark in the market. In addition, these accessories enable market players to retain their existing consumers and also attract new customers. For example, Infors offers a range of accessories for bioreactors, including LabCIP, Exit Gas Analysis, Spin Filter, and Super Safe Sampler. Moreover, these accessories offer additional benefits to bioreactors and aid in bioreactor maintenance. Therefore, such product offerings help attract prospective consumers, thus leading to increased sales and high-volume production among companies which is positively impacting the market.

Technavio has segmented the market into  End-user, Type, and Geography

• The end-user  segment is classified into biopharmaceutical companies, research institutes, and contract research organizations
• The type segment is classified into automated and manual
• The geography segment includes key regions such as North America, Europe, Asia, and the Rest of the World (ROW)

It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the size of the Bioreactors Market During the Forecast Period?

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Bioreactors Market Segmentation by End-user, Type, and Geography Analysis

End-user Analysis

The biopharmaceutical companies segment is estimated to witness significant growth during the forecast period. The increasing prevalence of chronic diseases across the globe is resulting in an increasing need for pharmaceutical and biotechnology companies to manufacture high-quality and regulatorily compliant drugs and therapeutic treatments. In addition, during the drug discovery process, the screening and development of clinically relevant compounds are performed using bioreactors.

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The biopharmaceutical companies segment was the largest segment and was valued at USD 1.90 billion in 2018. Moreover, the bioreactors are used during the preparation of media and buffers, in crossflow filtration, viral clearance, cell harvesting, and virus inactivation. In addition, the cell cultivation takes place in a bioreactor under controlled conditions, which allows the checking of the composition of the nutrient medium, saturation of dissolved oxygen, pH, mixing efficiency, and the temperature of the cell culture media. Furthermore, during the filtration process, which is a valuable step in biomanufacturing of monoclonal antibodies, vaccines, and therapeutic proteins, the bioreactor facilitates the removal of particles and performs sterile filtration using sterilizing-grade filters during the final filling, thereby reducing the bioburden. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Type Analysis

Automated

Automated bioreactors segment can be referred to as specialized equipment used for the cultivation of microorganisms, mammalian cells, and other biological entities. In addition, the increasing demand for automated bioreactors is driven by several factors, primarily in the fields of biotechnology, pharmaceuticals, and industrial microbiology. Moreover, the biopharmaceutical industry relies heavily on bioreactors for the production of therapeutic proteins, monoclonal antibodies, vaccines, and other biologics. In addition, automated bioreactors can ensure consistent and controlled production processes, leading to higher product yields and improved product quality. Hence, such are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Manual

There is an increasing use of manual bioreactors in educational institutions to teach students about bioprocess engineering and biotechnology. In addition, they offer a hands-on approach that helps students understand the fundamental principles of bioreactor operation. Moreover, there is an increasing preference for this segment in academic and research settings, where a high level of flexibility and adaptability is required. In addition, the researchers often work with various cell lines, conditions, and experimental setups, and manually operated bioreactors provide greater control over the process. Hence, such are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Regional Analysis

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Europe is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. 

Another region offering significant growth opportunities to companies is North America. One of the main factors that is significantly contributing to the growth of the market in North America is the high investments in healthcare research and testing in the US. In addition, the strong distribution networks in countries such as the US and Canada, as well as the increasing focus of biopharmaceutical companies on drug discovery and development, are fuelling the growth of the bioreactors market in North America.

Moreover, the  US is the leading contributor in the region due to the presence of a large number of companies, including Danaher, Thermo Fisher Scientific, Merck KGaA, and GE Healthcare. Therefore, the presence of such key companies aids in the efficient management of the supply chain, leading to the timely availability of bioreactors among the end-users in the market and consequently increasing the adoption rates for bioreactors. Hence, such factors are driving the market growth in North America during the forecast period.

COVID Recovery Analysis

In 2020, during the COVID-19 pandemic, the growth of the global bioreactors market witnessed a significant high as the increasing prevalence of the COVID-19 pandemic increased the demand for bioreactors in the region in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to increasing R&D investment in the biopharmaceutical and pharmaceutical industry. Such factors are expected to drive the market during the forecast period

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Key Bioreactors Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Automated Engineering Services Inc: The company offers bioreactor such as 3D Perfusion Bioreactor which consists of multiple independent, autoclavable polycarbonate chambers.

• Bioengineering AG
• BPC Instruments AB
• Cell Culture Co. LLC
• Danaher Corp.
• Distek Inc.
• Donaldson Co. Inc.
• Eppendorf SE
• Getinge AB
• Infors AG
• LAMBDA CZ sro
• Merck KGaA
• PBS Biotech Inc.
• Pierre Guerin SA
• Sartorius AG
• Solida Biotech GmBH
• Thermo Fisher Scientific Inc.
• Zellwerk GmbH
• ZETA
• 3D Biotek LLC

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Bioreactors Market: Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. 

Key Bioreactors Market Drivers

One of the key factors driving the bioreactors market growth is the increased collaborations among stakeholders. There has been an increase in collaborations related to the global bioreactors market across the world, which has significantly influenced the demand for products and services in different regions. In addition, most of the collaboration initiatives undertaken by bioreactor manufacturers worldwide aim to leverage each other's USP.

Moreover, many of these partnerships with companies have resulted in establishing a strong customer base, technology, financial capability, and R&D capabilities with the aim of increasing their market share and becoming leading players in the global bioreactors market. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Significant Bioreactors Market Trends

A key factor shaping the bioreactors market growth is the availability of value-added software services. Several companies in the market are striving hard to garner larger market shares by offering additional software and hardware products to end-users. For example, SOLARIS BIOTECHNOLOGY offers Leonardo data viewer, which is software for analyzing and optimizing media and parameters for cultivation as well as for design planning and performing trial runs

Moreover, it is used along a bioreactor to develop data and monitor the cultivation process. In addition, this interface allows the user to select the software functions intuitively included in the fermenter supply and can be installed on an unlimited number of the end users personal computers. Furthermore, it can used for 24 independent cultivations and can be carried out simultaneously in a bioreactor. Hence, such factors are driving the market growth during the forecast period.

Major Bioreactors Market Challenges

Ethical issues related to the bioprocessing of stem cells for regenerative medicine are one of the key challenges hindering the bioreactors market growth.  The main objective of regenerative medicine is restoring the structure and function of damaged organs and tissues using stem cells. In addition, there has been continuous debate over the ethical issues related to regenerative medicine.

For example, the use of human embryonic stem cells in research has always made decision-makers and the scientific fraternity concerned about the ethical issues involved. In addition, some of the important issues include the cloning of embryonic stem cells and the destruction of embryos to create cell lines. Furthermore, the safety, scientific purity, and securing consent for the use of human embryonic stem cell lines for research purposes are becoming major concerns in this field of research. Hence, such concerns are negatively impacting the market. Therefore, it is expected to hinder the market during the forecast period.

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Key Bioreactors Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Bioreactors Market Customer Landscape

Segment Overview

The bioreactors market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• End-user Outlook
  • Biopharmaceutical companies
  • Research institutes
  • Contract research organizations
• Type Outlook
  • Automated
  • Manual
• Geography Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia
    • China
    • India
  • Rest of the World
    • Australia
    • Argentina
    • Brazil

Bioreactors Market Scope
Report Coverage	Details
Page number	161
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 6.99%
Market Growth 2024-2028	USD 2.23 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	6.1
Regional analysis	North America, Europe, Asia, and the Rest of the World (ROW)
Performing market contribution	Europe at 29%
Key countries	US, Canada, Germany, China, and India
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Automated Engineering Services Inc., Bioengineering AG, BPC Instruments AB, Cell Culture Co. LLC, Danaher Corp., Distek Inc., Donaldson Co. Inc., Eppendorf SE, Getinge AB, Infors AG, LAMBDA CZ sro, Merck KGaA, PBS Biotech Inc., Pierre Guerin SA, Sartorius AG, Solida Biotech GmBH, Thermo Fisher Scientific Inc., Zellwerk GmbH, ZETA, and 3D Biotek LLC
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Bioreactors Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the bioreactors market between 2024 and 2028
• Precise estimation of the bioreactors market size and its contribution to the market in focus on the parent market
• Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
• Companies landscape comparing criticality of inputs and factors of differentiation
• Exclusive Matrix on companies' position and classification
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of bioreactor market companies

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