by The global Single-Use Bioreactor Market is estimated to be valued at US$ 1337.67 Mn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Single-use bioreactors are vessels used in biopharmaceutical production for culturing cells under controlled conditions. They are made from materials like stainless steel or plastic and are discarded after single use. Their benefits include lower capital costs, easier scale up/downsizing, less validation and cleaning requirements compared to traditional stainless steel bioreactors. They enable flexible operations and support small run/batch production used for clinical trials. With growing demand for biologics, single-use bioreactors help improve manufacturing efficiency of biopharmaceuticals.
Market key trends:
Increasing application of artificial intelligence and connectivity is a key trend in this market. Bioprocess data from single-use bioreactors can be analyzed using AI and machine learning algorithms to optimize culture conditions, boost productivity and gain real-time process insights. Connected bioreactors also enable remote monitoring and digital manufacturing to support remote operations. Growing demand for personalized medicines is also driving demand for single-use flexible solutions suited for small batch production. Their adoption is rising across biopharma manufacturing for development of vaccines, monoclonal antibodies and other products.
Porter’s Analysis
Threat of new entrants: The single-use bioreactor market requires high initial investments for manufacturing facilities and establishing regulatory approvals which makes the threat of new entrants moderate.
Bargaining power of buyers: The presence of several established players provides buyers with ample options and access to varied technologies, giving them high bargaining power.
Bargaining power of suppliers: Key raw material suppliers for single-use bioreactor include plastic bags, tubing, and connectors suppliers. Low differentiation among suppliers and easy availability of materials gives suppliers low bargaining power.
Threat of new substitutes: There are limited substitute options of single-use bioreactors available. However, continuous bioprocessing with steel equipment is emerging as a substitute but requires high capital expenditure limiting its adoption.
Competitive rivalry: The single-use bioreactor market comprises many international players competing on the basis of product innovation, quality, and pricing. This intense competition results in high competitive rivalry.
Key Takeaways
The global Single-Use Bioreactor Market Share is expected to witness high growth, exhibiting CAGR of 15% over the forecast period, due to increasing demand for disposables and need to reduce capital expenditure.
Regional analysis: North America dominates the single-use bioreactor market due to stringent regulatory compliances and presence of major key players. However, Asia Pacific is expected to be the fastest growing market due to increasing outsourcing of biopharmaceutical production to China and India.
Key players: Key players operating in the single-use bioreactor market are Sartorius AG, OmniBRx Biotechnologies, Merck KgaA, Solaris Biotechnology Srl, Eppendorf AG, Distek Inc., Celltainer Biotech BV, ABEC Inc., Thermo Fisher Scientific, and Danaher Corporation (Pall Corporation), among others. Sartorius AG dominates the market with its wide product portfolio and strong global presence across major markets.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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