A bioreactor is a shut framework fabricating gadget utilized for bioprocessing that underpins the development of cells and tissues. The procedure can be oxygen consuming or anaerobic. Bioreactors are generally planned in circularly shapes, and range in various sizes from liters to cubic meters.They are used in different applications, including essential R&D, manufacturing of biopharmaceuticals,food &food added substances, synthetic compounds, and different products.Bioreactors are utilized to produce pharmaceutical items, for example, anti-infection agents and insulin.
New York, NY -- (SBWIRE) -- 04/22/2020 -- Market Industry Reports (MIR) has published a new report titled "Bioreactors Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030." According to the report, the Global Bioreactors Market accounted for over US$ 1,247 million in 2019. It is anticipated to grow at a CAGR of 6.9% from 2020 to 2030.
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The global bioreactors market is majorly driven by the rapid growth in the pharmaceutical and biotechnology industries. According to The International Trade Administration (ITA), The U.S. is the largest market for biopharmaceuticals, accounting for around one-third of the global market and is the world leader in biopharmaceutical R&D.
Major Key players:
Sartorius AG, Merck KGaA,Thermo Fisher Scientific Inc., Danaher., Eppendorf AG, Applikon Biotechnology B.V., Celltainer,Cellexus Ltd, Pall Corporation., Infors AG,and others.
Bioreactors Market Key Segmentation:
By Material
o Single-Use
o Glass
o Stainless steel
By Application
o Lab-Scale Production
o Pilot-Scale Production
o Full-Scale Production
By Scale
o 5L-20L
o 20L-200L
o 200L-1,500L
o Above 1,500L
By End User:
- Biopharmaceutical Companies/Manufacturers
- R&D Institutes/Departments
By Region:
o North America
o Europe
o Asia-Pacific
o Rest Of World
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Further, the report covers:
- Conventional Bioreactors Market, based on actual product sales (US$ Million) and Product Sales Volume (Million Units)
- Market Potential Assessment
- Total Addressable Market (TAM) Assessment, Based on Investments
- Investment Mapping
- 12+ Key Players Assessment
- Forecast Till 2030
Download PDF to Know the Impact of COVID-19 on Bioreactors market @:
https://www.marketindustryreports.com/speak-to-analyst/302
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