Driving Factors and Key Players in the Booming Single use Bioreactors Market
The global single use bioreactors market is experiencing significant growth and is projected to reach USD 8.8 billion by 2026, showing a substantial increase from USD 3.4 billion in 2021. This growth is primarily driven by various factors contributing to the adoption and utilization of single-use bioreactors (SUBs). Several key drivers and opportunities shape the market landscape.
One of
the key drivers of the single-use bioreactors market is the increasing
adoption of SUBs among small companies and startups. These entities
often face limitations in terms of infrastructure, resources, and
capital investment. SUBs provide a cost-effective solution as they
eliminate the need for cleaning and sterilization, reducing operational
costs and time. The simplified design of SUBs, with fewer components and
reduced automation complexity, enables smaller companies to enter the
biopharmaceutical manufacturing sector more easily.
Another
driver for the market growth is the ease in the cultivation of marine
organisms. SUBs offer advantages in the cultivation of marine-based
organisms due to their flexibility and ease of use. Marine biotechnology
has gained significant attention for various applications, including
the production of biologics and therapeutics derived from marine
sources. SUBs facilitate the cultivation and scale-up of marine
organisms, supporting the expansion of research and development
activities in this area.
Furthermore, SUBs contribute to reduced
energy and water consumption compared to traditional stainless-steel
bioreactors. The streamlined design and disposability of SUBs eliminate
the need for extensive cleaning, sterilization, and water-intensive
processes. This not only reduces operational costs but also aligns with
sustainability goals by conserving resources and minimizing
environmental impact.
The growing biologics market is another
factor propelling the demand for single-use bioreactors. Biologics,
including monoclonal antibodies, vaccines, and cell therapies, have
witnessed substantial growth in recent years. SUBs offer advantages in
biologics manufacturing by providing a more flexible and cost-effective
platform for producing these complex therapeutics. The increasing demand
for biologics drives the adoption of SUBs, enabling efficient and
scalable production processes.
Technological advancements in SUBs
also play a significant role in market growth. Ongoing research and
development efforts focus on enhancing SUB performance, such as
improving cell culture performance, optimizing mixing and aeration, and
developing innovative sensor technologies. These advancements contribute
to better process control, higher product yields, and improved
efficiency, further driving the adoption of SUBs in biopharmaceutical
manufacturing.
In the competitive landscape, prominent players
such as Sartorius Stedim Biotech, Thermo Fisher Scientific, Danaher
Corporation (through its subsidiary Pall Corporation), and Merck KGaA
hold leading positions. Sartorius Stedim Biotech has strengthened its
market presence through organic and inorganic strategies, including
product launches and expansions. Danaher Corporation, with its
subsidiary Pall Corporation, has expanded its market share through
acquisitions, such as the acquisition of General Electric Company's Life
Sciences division and subsequent rebranding as Cytiva.
Opportunities
in emerging markets, such as India, present a significant growth
potential for the single-use bioreactors market. The presence of global
and local pharmaceutical and biopharmaceutical companies in these
countries, coupled with government initiatives and regulatory measures,
drives the demand for cost-effective single-use systems. The expansion
of manufacturing capacities for COVID-19 vaccines in India, utilizing
SUBs, exemplifies the growing trend of implementing SUB technology in
emerging markets.
In summary, the global single-use bioreactors
market is poised for substantial growth, driven by factors such as the
adoption of SUBs by small companies and startups, reduced automation
complexity, ease of cultivation for marine organisms, reduced energy and
water consumption, the expanding biologics market, technological
advancements, and opportunities in emerging markets. With key players
actively participating
Related Links
https://www.marketsandmarkets.com/Market-Reports/single-use-bioreactor-market-49113750.html
https://www.marketsandmarkets.com/PressReleases/single-use-bioreactor.asp
https://www.marketsandmarkets.com/ResearchInsight/single-use-bioreactor-market.asp
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