Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3,274.10 Million | USD 10,123.6 Million | 20.70% | 2021 |
FrequentlyAsked Questions
The increasing demand for disposable bioreactors and the rapid demand for bio pharmacy has led to significant investments in this area. Continued strategic capacity-building initiatives by emerging and established market players are expected to positively impact market growth. In addition, increased research and development of biopharmacy have also had a major impact on market growth.
According to the report, the global single-use bioreactors market was worth about 3,274.10 (USD Million) in 2021 and is predicted to grow to around 10123.61 (USD Million) by 2028, with a compound annual growth rate (CAGR) of around 20.70 percent.
During the forecast period, North America is likely to dominate the global single-use bioreactors market. The expansion of the region's manufacturing capacity is complementing the market's growth. The presence of an established bio pharmacy industry and the presence of key players operating in the North American market.
Some of the main competitors dominating the global single-use bioreactors market include- Thermo Fisher Scientific, Danaher Corporation, Merck KGaA, Getinge AB, Eppendorf AG, CESCO Bioengineering, Cellexus, PBS Biotech Inc., Distek Inc., ABEC, Able Corporation & Biott Corporation, G&G Technologies Inc., Solida Biotech GmBH, Stobbe Pharma, Celltainer Biotech BV, Meissner Filtration Products Inc., bbi-biotech GmBH, ENDEL ENGIE (France), OmniBRx biotechnologies, New Horizon Biotechnology Inc., Satake Chemical Equipment Mfg., Ltd., Sartorius Stedim Biotech, GPC Bio, Cell culture company, and Aptus bioreactors.
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