AI- Assisted 3D Printing (A3DP) is fastest growing segment fueling the growth of Single-Use Bioreactor Market

Single-Use Bioreactor Market

The global Single-Use Bioreactor Market is estimated to be valued at US$ 1337.67 Mn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Single-use bioreactors are disposable bags or vessels used for cultivating cells in biopharmaceutical products such as monoclonal antibodies, vaccines, and stem cells. They provide various advantages over stainless steel bioreactors including lower cost, ease of movement, reduced floor space requirements, and less cleaning and validation.

Market key trends:
The increasing adoption of single-use bioreactors in biopharmaceutical manufacturing is a major trend witnessed in the market. They offer operational flexibility as disposable assemblies eliminate the requirement of cleaning between batches. Additionally, advantages such as lower risk of contamination, less capital investment in facility infrastructure, and operational cost saving are increasing their preference over stainless steel bioreactors. Rapid expansion of biopharmaceutical industry, adoption of disposable assemblies for cell culture, and low risk of cross-contamination are major factors propelling the demand for single-use bioreactors.
Segment Analysis
Content: The single-use bioreactor market is segmented by product, cell,molecule, and end user. The single-use bioreactor systems segment dominated the market in 2023 and is expected to continue its dominance over the forecast period owing to increasing demand for single-use technologies across biopharmaceutical companies.

Key Takeaways
Market size: The global Single-Use Bioreactor Market Share  is expected to witness high growth, exhibiting a CAGR of 15% over the forecast period, due to increasing demand for low-cost and time-efficient bioprocessing.

Regional analysis: North America dominated the market in 2023 and is expected to continue its dominance over the forecast period. This is attributed to a larger biopharmaceutical industry and the strong presence of key players in the region. Asia-Pacific is expected to exhibit the fastest growth rate over the forecast period owing to increasing government support for research activities in countries such as China and India.

Key players: Key players operating in the Single-Use Bioreactor Market are Sartorius AG, OmniBRx Biotechnologies, Merck KgaA, Solaris Biotechnology Srl, Eppendorf AG, Distek Inc., Celltainer Biotech BV, ABEC Inc., Thermo Fisher Scientific, and Danaher Corporation (Pall Corporation), among others. These players are focusing on new product launches and strategic collaborations to strengthen their market position.

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https://www.insightprobing.com/single-use-bioreactor-market-trends-size-and-share-analysis-2/