Perfusion Bioreactors Market Estimated to Experience a Hike in Growth by 2017-2025: Persistence Market Research

The Perfusion Bioreactors Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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New York, NY -- (SBWire) -- 03/10/2017 --Primary factors driving the growth of global perfusion bioreactors market are size advantage, cost-effective, requirement of less capital investment, reduced operating cost, improvement in equipment reliability etc. Several other factors influencing the global market for perfusion bioreactors are increasing budget of biopharmaceutical companies in all areas related to bioprocessing, investment in adoption of new technologies, continuous discovery of numerous cost and performance advantages of perfusion technology, technological advances such as 3Dperfusion technology etc. As per 12th Annual Report and Survey of Biopharmaceutical Manufacturing Capacity and Production report, industry demands more innovations in bioreactor technology with single-use bioreactors requiring most needed innovation area. However, the global market for perfusion bioreactors is expected to be deter by apparent lack of innovation in bioprocessing equipment, reliability of cell retention devices when used on industrial plant scale, etc.

Based on product type, the global perfusion bioreactors market has been classified as small scale (50 liters to 1,000 liters capacity) perfusion bioreactors and Large Scale (>1,000 liters) perfusion bioreactors. Small scale perfusion bioreactors are more often used by biopharmaceutical companies. However, demand for large scale perfusion bioreactors is increasing with increasing efforts to expand the production capacity by the companies.

Based on end user, the global perfusion bioreactors market has been segmented into biopharmaceutical companies, biotechnology companies and contract manufacturing organizations. Biopharmaceutical companies are expected to contribute highest share in the global perfusion bioreactors market over the forecast period.

On the basis of regional presence, global perfusion bioreactors market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the global market due to increasing number of R&D activities by the biopharmaceutical companies in the region, while Europe is expected to hold second largest market share in global market. For instance, as per 12th Annual Report and Survey of Biopharmaceutical Manufacturing Capacity and Production report, 51.2% biopharmaceutical companies in the U.S. reported their biopharmaceutical products in R&D phase while 41% of European companies reported their biopharmaceutical products in R&D phase, in 2015.

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Some of the players operating in global perfusion bioreactors market are Sigma Aldrich Co. LLC (Merck & Co. Inc.), FiberCell Systems Inc., Zellwerk GmbH, Cell Culture Company, ATMI Incorporated, PBS Biotech, Inc., GE Healthcare Life Sciences, Applikon Biotechnology, WAVE Life Sciences etc.

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