DUBLIN--(BUSINESS WIRE)--The "Global Bioreactors Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The bioreactors market will register a CAGR of almost 7% by 2023.
The demand for single-use bioreactors has increased significantly in the global bioreactors market owing to their various attributes.
Single-use bioreactors are simpler to use than stainless steel bioreactors because of the ease with which they can be set up for continuous processing. A single-use bioreactor that has been used in a fed-batch manufacturing process can be easily converted to fit the requirements of a continuous processing operation.
Additionally, a single-use bioreactor enables a reduction in the maintenance costs as it does not require the same utility and piping infrastructure as a traditional stainless-steel bioreactor, which also reduces the space required within the cleanroom. Hence, the growing demand for single-use bioreactors is expected to boost the market sales of bioreactors in the long-run.
Increased availability of accessory products
Vendors in the bioreactors market are offering accessory products with improved features and with specific manufacturing standards to make a mark in the market. The accessory products allow market vendors to retain their existing consumers and also attract new customers. Such product offerings help in attracting prospective consumers, thus leading to increased sales and high-volume production among vendors, which will support the growth of the global bioreactors market during the forecast period.
Ethical issues related to bioprocessing of stem cells for regenerative medicine
Regenerative medicine aims at restoring the structure and function of damaged organs and tissues using stem cells. Thus, amid the growing ethical concerns worldwide, animal testing must be regulated by government agencies to minimize the use of animals for research in regenerative medicine.
Therefore, the existence of ethical issues pertaining to the bioprocessing of tissue samples may hamper ongoing research in stem cells, which might reduce the demand for bioreactors, and thus have a negative impact on the growth of the global bioreactors market during the forecast period.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Danaher
- GE Healthcare
- Merck KGaA
- Sartorius
- Thermo Fisher Scientific
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Biopharmaceutical companies - Market size and forecast 2018-2023
- Research institutes - Market size and forecast 2018-2023
- Contract research organizations - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Danaher
- GE Healthcare
- Merck KGaA
- Sartorius
- Thermo Fisher Scientific
For more information about this report visit https://www.researchandmarkets.com/research/m2prjk/global?w=4
