Global Single Use Bioreactors Market

Single Use Bioreactors Market Size, Share, Growth Analysis, By Product(Single-Use Bioreactors Systems, Single-Use Media Bags), By Type(Stirred-Tank Subs, Wave-Induced Subs), By Molecule Type(Monoclonal Antibodies, Vaccines), By End-User(Pharmaceutical & Biopharmaceutical Companies, CROs & CMOs) - Industry Forecast 2024-2031


Report ID: SQMIG35H2227 | Region: Global | Published Date: February, 2024
Pages: 260 | Tables: 121 | Figures: 77

Single Use Bioreactors Market Insights

Single Use Bioreactors Market size was valued at USD 2.81 billion in 2019 and is poised to grow from USD 3.30 billion in 2023 to USD 12.06 billion by 2031, growing at a CAGR of 17.19% in the forecast period (2024-2031).

Single-use bioreactors have gained a huge significance as a storage accessory in the pharmaceutical and clinical industry mainly for cell harvesting, culturing, and filtration, media, and buffer, and virus inactivation. Technically, SUBs are disposable bags made of polyethylene and polymer and gamma-sterilized at suppliers end for common end-use. One of the major advantage of using a single-use bioreactor is it reduces the time spent on preparing the bioreactor for the next batch. The market size for SUBs is expected to rise owing to the rise in importance of cell storage and cultivation in the pharmaceutical industry.

In the upcoming years, it is expected that the adoption of disposable bioreactors will accelerate due to the rising demand for highly effective therapeutics that don't need a lot of bioreactors. Small-scale, bench-top SUBs reduce the need for assembling, cleaning, and autoclaving, which results in a quicker turnaround time. These reactors are regarded as the workhorses for process development and optimization, driving the adoption of SUBs for the development of biopharmaceuticals. SUBs also have the potential to be less expensive than traditional bioreactors. Disposable bioreactors typically have lower implementation costs than traditional stainless-steel bioreactor systems. Therefore, the benefits of these products' cost-savings in terms of construction, operation, and cleaning can be primarily blamed for their widespread adoption.

US Single Use Bioreactors Market is poised to grow at a sustainable CAGR for the next forecast year.

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Single Use Bioreactors Market size was valued at USD 2.81 billion in 2019 and is poised to grow from USD 3.30 billion in 2023 to USD 12.06 billion by 2031, growing at a CAGR of 17.19% in the forecast period (2024-2031).

The market is rapidly developing, and in the upcoming years, it is anticipated that market competition will rise. The increasing use of disposable bioreactors has led to an increase in new market entrants, which has in turn heightened competition. To maintain their market presence, the major market players are engaging in a number of strategic initiatives. One of the key strategies used by the major market players is the introduction of new products. Other key strategies include mergers and acquisitions and capacity expansion. 'Thermo Fisher Scientific Inc.', 'Sartorius AG', 'Merck KGaA', 'Danaher Corporation', 'Applikon Biotechnology BV', 'Eppendorf AG', 'Pall Corporation', 'GE Healthcare', 'Celltainer Biotech BV', 'Distek, Inc.', 'PBS Biotech Inc.', 'Cellexus Ltd.', 'Parker Hannifin Corporation', 'Bioengineering AG', 'Solida Biotech GmbH', 'CerCell ApS', 'Avantor, Inc.', 'ABL Biotechnologies Ltd.', 'Finesse Solutions, Inc.', 'Kuhner AG'

Growing adoption in the bioprocessing sector: The high rate of adoption of SUBs in the bioprocessing sector is likely to augment the market share in the coming years. Owing to the benefits such as flexibility, scalability, and lower time costs offered through SUBs is likely to be witnessed.

North America maintained a huge dominance and is expected to continue a leading position owing to the presence of significant operating players and the region's well-established biopharmaceutical industry. Additionally, the region's increased manufacturing capacity has added to the market expansion. For instance, Thermo Fisher Scientific announced in September 2021 that it intended to build a new manufacturing facility specifically for single-use bioprocessing products. The addition of the Nashville location increased its network of SUT manufacturing facilities on a scale. The changing environment for manufacturing and bioprocessing is a key driver of market expansion in the United States.

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Global Single Use Bioreactors Market

Product ID: SQMIG35H2227

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