Small Scale Bioreactors Market is Expected to be Flourished by the Rising Adoption in Early Stage Drug Development

Small Scale Bioreactors Market

Bioreactors are vessels used for cultivation of cells, tissues or organs with precise control of environmental conditions such as temperature, pH and oxygen concentration. Small scale bioreactors are commonly used during research and development activities to grow cells and tissues. These bioreactors have a capacity of up to 50 liters and are widely used in drug discovery, cell line development and screening applications. Growing biopharmaceutical industry has led to increasing adoption of small scale bioreactors for cell culture studies during early stage drug development. This has fueled the global demand for small scale bioreactors. Cultivation of cells in the benchtop bioreactors enables flexible research compared to large scale production thus finding extensive use in biologics production.

The global small scale bioreactors market is estimated to be valued at US$ 1508.86 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

The rising adoption of small scale bioreactors in early stage drug development is expected to drive the growth of the market over the forecast period. Growing focus on biopharmaceuticals has increased R&D investment in developing novel biologics. Small scale bioreactors enable researchers to evaluate cell culture conditions and optimization during the initial development stage. This has resulted in growing demand for benchtop bioreactors with reduced operation costs and higher production flexibility compared to large scale systems. Additionally, technological advancements have led to the introduction of smart bioreactors integrated with sensors, software and analytics. These systems provide real time data on process parameters and quality attributes thus improving process optimization. Growing preference for single use technologies is another factor expected to propel the small scale bioreactors market growth during the forecast period.

Segment Analysis

The global small scale bioreactors market is dominated by stirred tank bioreactors segment owing to their wide usage in research and development applications. The stirred tank bioreactors provide homogeneous culture conditions suitable for large scale production of therapeutic proteins, antibodies and other biomolecules which makes it popular among biopharmaceutical manufacturers.

Pest Analysis

Political: Government support and regulation for biopharmaceutical research is driving demand for small scale bioreactors. Various nations are supporting development of local biotech industry.
Economic: Rising healthcare expenditure and growth of biologics market are fueling investments in biomanufacturing which requires small scale bioreactors for research and process development.
Social: Increasing incidence of chronic diseases is generating demand for therapeutic biomolecules produced using small scale bioreactors.
Technological: Advancements in design of bioreactors with sensors, online monitoring capabilities and single use technologies are supporting their usage in process development and optimization.

Key Takeaways

The global Small Scale Bioreactors Market Demand is expected to witness high growth over the forecast period supported by increasing investments in biopharmaceutical R&D. The global small scale bioreactors market is estimated to be valued at US$ 1508.86 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.

Regional analysis

The North America region dominates the global small scale bioreactors market holding around 35% share. This is attributed to presence of major pharma companies and robust biotech research in the US. Growing biologics drug pipeline and rising investments to develop novel formulations at small scale are fueling demand.

Key players

Key players operating in the small scale bioreactors market are Merck KGaA, Danaher Corporation, Getinge AB, Sartorius AG,Thermo Fisher Scientific Inc., Lonza Group, Eppendorf AG, Miltenyi Biotec. These players focus on developing advanced single use bioreactors and systems for cell culture process development and production of biologics at small scale.

For more details on the report, Read- https://www.ukwebwire.com/small-scale-bioreactors-market-share-analysis/

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