Perfusion Bioreactors Market 2022
New Research Report “Perfusion Bioreactors Market, Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2022- 2031”.
Market Overview
The study of market analysis of Perfusion Bioreactors Market focuses on the key elements and the market dynamics of a specific market within that industry. Perfusion Bioreactors Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
The global perfusion bioreactors market was valued around US$ 300 Mn in 2020, and is expected to exhibit a CAGR of around 7.5% over the forecast period (2022– 2031).
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Company Profiles:
- Sartorius AG
- Cell Culture Company
- Cytiva (Danaher Corporation)
- CELLEC BIOTEK AG
- SyntheconInc
- Getinge (Applikon Biotechnology B.V)
- Zellwerk GmbH
- Thermo Fisher Scientific Inc
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Key Takeaways from Market Study
- Small scale bioreactors (< or = 1,000 liters) hold around 64.4% value share, globally, due to technological advancements in bioreactors.
- Increase in awareness about good manufacturing practices and R&D funding is giving a push to the market.
- In terms of end user, biopharmaceutical companies contribute a large share to the market due to their high production of cell culture-based products.
- The region of North America is dominant in the global market for perfusion bioreactors, and will continue to remain the most lucrative market over the forecast period.
“Biopharmaceutical companies are witnessing growth in emerging economies as well as in developed countries due to effective production, high research activities, and rising awareness about good manufacturing practices,” says an analyst of Persistence Market Research.
COVID-19 Impact
The impact of COVID-19 can be easily viewed in the financials of all companies. In the U.S., cases of COVID-19 have reached 7 million with over 1 million deaths. Due to this unprecedented pandemic scenario, the healthcare sector across the world has been the central point of focus.
However, the global perfusion bioreactors market can be said to be minimally affected. New installations were impacted due to hampered import activities and supply chain crises.
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New Product Launches – Strategy by Key Players
Key manufacturers of perfusion bioreactors use the strategy of introducing new and innovative products according to patients’ needs. This factor has led to intense competition among market players.
- For instance, in March 2021, Getinge launched a new, holistic system approach for the preparation of multi-use bioreactors from Applikon.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the perfusion bioreactors market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.
The research study is based on scale (small scale bioreactors and large scale bioreactors), application (R&D and GMP), and end user (biopharmaceutical companies, academic and research institutes, contract research organizations (CROs), and contract manufacturing organizations(CMOs)), across seven key regions of the world.
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