Single-use Bioreactors Industry worth $8.8 billion by 2026

in single •  3 years ago 

Increasing adoption of SUBs among small companies and startups, reduced energy and water consumption, reduced automation complexity, ease in the cultivation of marine organisms, the growing biologics market, technological advancements in SUBs, and increasing Biopharmaceutical R&D are factors driving the growth of this market.

According to the new market research report Single-use Bioreactors Market is projected to reach USD 8.8 billion by 2026 from USD 3.4 billion in 2021, at a CAGR of 21.1% during the forecast period.

Based on product, the single-use bioreactors market is categorized into single-use bioreactor systems, tubing, connectors, control systems, single-use media bags, single-use filtration assemblies, and other products such as single-use vessels and probes/sensors, among others. The single-use bioreactor systems segment dominated the single-use bioreactors market in 2020. SUB systems offer benefits such as lower capital investment, lower operating expenses, and lower environmental footprint, thus driving the growing adoption of these systems in biopharma applications.

The prominent players operating in the single-use bioreactors market are Sartorius Stedim Biotech, Thermo Fisher Scientific, Danaher Corporation, and Merck KGaA (Germany).

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49113750

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