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United States Bioreactors and Fermenters Market Set to Double by 2030 - New Bioreactors and Fermenters Global Strategic Business Report Reveals Robust Industry Gr
Coverage of major players in the Global Bioreactors and Fermenters Market such as Applikon Biotechnology, Danaher, Finesse Solutions, GE Healthcare, PBS Biotech and more.
Bioreactors and Fermenters Market
Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "Bioreactors and Fermenters - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Bioreactors and Fermenters was estimated at US$3.3 Billion in 2023 and is projected to reach US$6.7 Billion by 2030, growing at a CAGR of 10.9% from 2023 to 2030.
The pharmaceutical and biopharmaceutical industries are the primary drivers of the bioreactors and fermenters market, particularly with the increasing production of biologics and biosimilars. The shift toward personalized medicine and gene therapies, which require scalable and precise cell culture systems, has further accelerated the demand for these devices.
Additionally, the bioenergy sector, focused on the production of biofuels and bio-based chemicals, is contributing to market growth, as fermenters are integral to the production of ethanol and other bio-based products. The food and beverage industry also relies heavily on fermenters for the production of fermented goods like beer, wine, and dairy products.
The growth in the bioreactors and fermenters market is driven by several factors, including the increasing demand for biologics and biosimilars, advancements in bioprocessing technologies, and the rising focus on sustainability in bio-based product manufacturing. The shift toward single-use bioreactors in the biopharmaceutical industry is a significant driver, as these systems offer greater flexibility and lower capital investment. Additionally, the growing bioenergy sector and the push for renewable energy sources are creating new opportunities for fermenters in biofuel production. The increasing adoption of automation and real-time monitoring technologies is further enhancing the efficiency and scalability of bioreactors, supporting the market's growth trajectory.
Key Insights:
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Market Growth: Understand the significant growth trajectory of the Single-use Bioreactors segment, which is expected to reach US$3.2 Billion by 2030 with a CAGR of a 12.7%. The Multiple-use Bioreactors segment is also set to grow at 9.4% CAGR over the analysis period.
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Regional Analysis: Gain insights into the U.S. market, estimated at $844.1 Million in 2023, and China, forecasted to grow at an impressive 14.6% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Story Continues
Key Questions Answered:
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How is the Global Bioreactors and Fermenters Market expected to evolve by 2030?
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What are the main drivers and restraints affecting the market?
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Which market segments will grow the most over the forecast period?
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How will market shares for different regions and segments change by 2030?
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Who are the leading players in the market, and what are their prospects?
Report Features:
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Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
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In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
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Company Profiles: Coverage of major players in the Global Bioreactors and Fermenters Market such as Applikon Biotechnology BV, Danaher Corporation, Finesse Solutions, Inc., GE Healthcare, PBS Biotech, Inc. and more.
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Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 41 companies featured in this Global Bioreactors and Fermenters market report include:
Key Attributes:
| Report Attribute |
Details |
| No. of Pages |
244 |
| Forecast Period |
2023 - 2030 |
| Estimated Market Value (USD) in 2023 |
$3.3 Billion |
| Forecasted Market Value (USD) by 2030 |
$6.7 Billion |
| Compound Annual Growth Rate |
10.9% |
| Regions Covered |
Global |
Key Topics Covered:
1. MARKET OVERVIEW
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World Market Trajectories
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Bioreactors and Fermenters - Global Key Competitors Percentage Market Share in 2024 (E)
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Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
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Increasing Demand for Biologics and Biosimilars Driving Growth of Bioreactors
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Advancements in Single-Use Bioreactor Technologies Enhancing Flexibility
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Rising Adoption of Continuous Bioprocessing in Biopharma Manufacturing
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Technological Innovations in Automated and Scalable Bioreactor Systems
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Growing Preference for Disposable Systems to Reduce Cross-Contamination Risks
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Expanding Applications of Bioreactors in Cell and Gene Therapy Production
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Impact of Regulatory Requirements on Bioreactor Design and Manufacturing
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Rising Investment in Biopharmaceutical R&D Fueling Demand for Fermentation Systems
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Opportunities in Developing Markets for Large-Scale Bioreactor Installations
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Challenges in Ensuring Consistent Product Quality Across Scalable Bioreactor Platforms
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/fed3yu
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