Single use Bioreactors Market – Sartorius Stedim Biotech and Thermo Fisher Scientific are the Top Leaders in the Market
According to the new market research report Single use Bioreactors Market is projected to reach USD 3.9 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 18.0% during the forecast period.
The
growth of this market is mainly driven by the increasing adoption of
SUBs among small companies and startups, reduced automation complexity,
ease in the cultivation of marine organisms, reduced energy and water
consumption, the growing biologics market, technological advancements in
SUBs, and increasing Biopharmaceutical R&D.
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The
prominent players operating in the single use bioreactor product market
are Sartorius Stedim Biotech (France), Thermo Fisher Scientific (US),
Danaher Corporation (US), and Merck Millipore (Germany).
Sartorius
Stedim Biotech held the leading position in the single-use bioreactors
market in 2019. Sartorius focuses on strengthening its position in the
market by adopting organic and inorganic strategies such as product
launches and expansions. During the past three years, Sartorius Stedim
Biotech launched SUB systems such as BIOSTAT STR Generation 3 Single-Use
Bioreactor, BIOSTAT RM TX Single-Use Bioreactor, and BIOSTAT STR. In
2019, Sartorius agreed to acquire parts of Danaher’s Life Science
portfolio, which is complementary to the portfolio of Sartorius’s
laboratory and bioprocess business. This transaction is expected to be
completed in the first quarter of 2020.
Thermo Fisher Scientific
is the second-largest player in the Single use Bioreactors Market.
Thermo Fisher Scientific operates in the single-use bioreactors market
through the life science solutions business segment. To further increase
its share in the single use bioreactor product market, the company
focuses on growth strategies such as acquisitions and expansion. From
2017 to 2019, the company expanded its business in the US, China, and
Scotland. In 2018, Thermo Fisher Scientific acquired the Advanced
Bioprocessing business from BD. This acquisition strengthened Thermo
Fishers Life Sciences Solutions business segment.
Single-use bioreactor systems accounted for the largest share of single use bioreactor product market
Based
on product, the Single use Bioreactors Market is categorized into
single-use bioreactor systems, single-use media bags, single-use
filtration assemblies, and other products such as single-use vessels,
tubing, connectors, control systems, and probes/sensors, among others.
The single-use bioreactor systems segment dominated the market in 2019.
SUB systems offer benefits such as lower capital investment, lower
operating expenses, and lower environmental footprint, thus driving the
growing adoption of these systems in biopharma applications.
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North America accounted for the largest share of the Single use Bioreactors Market
North
America accounted for the largest share of the Single use Bioreactors
Market, followed by Europe in 2019. The large share of the North
American regional segment can be attributed to the presence of a
well-established biopharmaceutical industry and major players operating
in the market.
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