Zion Market Research, the market research group announced the analysis report titled 'Bioreactors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'

Sarasota, FL -- (SBWire) -- 03/21/2018 --Global Bioreactors Market: Overview

Bioreactor or fermenter is requisite equipment required for bioprocessing. Bioreactors are specifically constructed systems or vessels that can support a biologically live environment, as a specific surrounding is required for the cells to grow. The bioreactors generally are available in the range from liters to cubic meters. Bioreactors used for large-scale production of therapeutics are usually made of stainless steel. Small glass bioreactors are often used for process development scale up and research work in the biopharmaceutical sector. Single-use bioreactor, or disposable bioreactor, has been finding more wide manufacturing and research use. Bioreactors can perform as fed-batch, continuous stirred-tank or batch reactor systems.

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Global Bioreactors Market: Growth Factors

The major factors propelling the growth of the global bioreactors market are the rise in acceptance of single-use technologies, increasing biologics, utilization of hybrid technologies such as stainless steel and single-use, and the increasing demand for the single-use bioreactor in biopharmaceutical companies. The other factors boosting the growth of the global market are low functional value coupled with a minimum maintenance and monitoring in regard with traditional ones.

Global Bioreactors Market: Segmentation

The global bioreactor market is segmented on the basis of scale range, usage, end-user, control, materials, suppliers, and region. The scale range segment of the global market is divided into 5L–20L, 20L–200L, 200L–1500L, and above 1500L. The usage segment of the global bioreactor market is classified into pilot-scale production, full-scale production, and lab-scale production. The end-user segment of the global market is diversified into R&D departments, contract research organizations, biopharmaceutical companies, biopharmaceutical manufacturers, R&D institutes, biopharmaceutical companies, and contract manufacturing organizations. The control segment of the global bioreactor market is classified to automated and manual. The material segment is sub-segmented into stainless steel, glass, and single-use. The supplier's segment of the global market is divided into engineering procurement and construction, original equipment manufacturers, and system integrators. Geographically, the global bioreactor market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

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Global Bioreactors Market: Regional Analysis

North America and Europe are assumed to be the dominating regions in the global bioreactor market due to the existence of major biopharmaceutical manufacturing companies. Asia Pacific is anticipated to grow significantly in the near future owing to the huge expenditure granted to the manufacturers of biologics. Latin America is also assumed to grow substantially in the global market as many biopharmaceutical companies are looking forward to initiating manufacturing units in this region.

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Global Bioreactors Market: Competitive Players

The key players in the global bioreactors market are Danaher Corporation, Thermo Fisher Scientific, Inc., GE Healthcare, Sartorius AG, Eppendorf AG, and Merck KGaA. The other major players in the global market are Fluor Corporation, Technip S.A., Amec Foster Wheeler plc, M+W Group, PM Group, and Jacobs Engineering Group Inc.

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