GITNUX MARKETDATA REPORT 2024

Bioreactor Industry Statistics

The global bioreactor industry is expected to grow significantly in the coming years with increasing demand for biopharmaceutical products and advancements in bioprocessing technology.

In this post, we will explore key statistics and insights shaping the global bioreactor industry. From market values and growth projections to regional dominance and emerging trends, the data provides a comprehensive overview of this dynamic sector. Stay tuned to gain a deeper understanding of the market landscape and the factors driving its evolution.

Statistic 1

"The global bioreactor market was valued at approximately USD 2.75 billion in 2020."

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Statistic 2

"The bioreactor industry is projected to reach a market size of USD 5.54 billion by 2028."

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Statistic 3

"The bioreactor market is growing at a CAGR of 6.8% during the forecast period (2021-2028)."

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Statistic 4

"North America dominated the bioreactor market, contributing nearly 40% of the overall market share in 2020."

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Statistic 5

"The 500L – 1000L capacity bioreactors hold approximately 25% of the market in terms of volume capacity in 2020."

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Statistic 6

"Single-use bioreactors are projected to grow at the highest CAGR of around 22% within the forecast period."

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Statistic 7

"Stainless steel bioreactors accounted for significant market share, over 45%, in 2020."

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Statistic 8

"Pharmaceuticals accounted for over 67% of the overall bioreactor market in 2020."

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Statistic 9

"The mAb production segment is expected to expand at a CAGR of over 6% from 2021 to 2028."

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Statistic 10

"Europe is expected to retain a significant market share, around 32% in the given forecast period."

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Statistic 11

"Thermo Fisher Scientific Inc., held the leading position in the bioreactor market in 2020."

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Statistic 12

"Biopharmaceutical manufacturers lead the end-user segment with over 30% market share in 2020."

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Statistic 13

"The Asia-Pacific bioreactor market is anticipated to expand at the highest CAGR of around 7.3% during 2021-2026."

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Statistic 14

"The COVID-19 pandemic led to a surge of around 8-10% in the global bioreactor market in 2020."

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Statistic 15

"The demand for 1000L - 5000L single-use bioreactors is expected to rise significantly, at a CAGR of over 23% during 2021-2028."

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Statistic 16

"Key companies in the global bioreactor market include Sartorius AG, Eppendorf AG, and Thermo Fisher Scientific Inc."

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Statistic 17

"The market is highly competitive with the presence of more than 50 manufacturers worldwide."

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Statistic 18

"Biotech and pharma organizations contribute to over 70% of the total revenue generated in the bioreactor industry."

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Statistic 19

"The global bench-top bioreactor market is expected to grow at a steady CAGR of nearly 5.8% from 2020 – 2027."

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Statistic 20

"The demand for glass bioreactors is projected to grow at a CAGR of approximately 5.5% during the given forecast period."

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The global bioreactor market is experiencing significant growth, with a forecasted increase in market size from USD 2.75 billion in 2020 to USD 5.54 billion by 2028. Key trends include the dominance of North America in market share, the rapid growth of single-use bioreactors, and the leading position of Thermo Fisher Scientific Inc. The pharmaceutical industry plays a crucial role in driving the market, with a focus on mAb production. Asia-Pacific is anticipated to be a key growth region, with a high CAGR expected. The market is competitive with the presence of numerous manufacturers globally, and biotech and pharma organizations contribute significantly to industry revenue. Noteworthy growth areas include large capacity single-use bioreactors and glass bioreactors, reflecting ongoing innovation and demand within the sector.

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