Bioreactors Accessories Market: Full scale segment is anticipated to hold a significant share
Bioreactors are devices in which raw materials are transformed into biochemical products with the use of organisms or active substance derived from microbes. For this process biologically active environment is supported by bioreactors. Bioreactors can be of different types and sizes ranging from liters to cubic meters. The bioreactors are classified into batch, continuous, and fed batch reactors based on the operational mode. A bioreactor consists of an agitator, mixture, a baffle, a sparger, and a jacket. The agitator is used to make a homogenous mixture; the sparger is used to supply oxygen to the cell; and the jacket is used to provide water that keeps the temperature under check. These bioreactors are used in various applications such as drug and vaccine manufacturing and fermentation.
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The global bioreactors accessories market is expected to expand at a significant growth rate during the forecast period. Factors such as surge in biopharmaceutical funding for manufacturing and development of drugs, high research activities, and development of biosimilars and orphan drugs are expected to drive the growth of the global bioreactors accessories market during the forecast period.
Furthermore, rise in approvals of cell based vaccines, high funding for cell culture based research, and advanced technological products such as online sensors for gas and temperature are factors propelling the growth of the global market. However, high cost of equipment and lack of knowledge regarding accessories of bioreactors in some regions are few factors that might restrain the growth of the global market in the near future.
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The global bioreactors accessories market is segmented into product type, usage, supplier, end-user, and region. In terms of product type, the global market is segmented into culture vessels, vessel components, samplers, probes and sensors, and others. In terms of usage, the global market is divided into pilot scale, lab scale, and full scale. The full scale segment is anticipated to hold a significant share of the global market owing to higher funding and stringent regulatory compliances in industries leading to increase in awareness.
In terms of supplier, the global market is categorized into original equipment manufacturer (OEM) and engineering procurement and construction (EPC). On the basis of end-user, the global market is segmented into R & D centers and pharmaceutical industries. The pharmaceutical industries segment is projected to account for a significant share of the global market due to increase in pharmaceutical scale up and investments.
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Geographically, the global bioreactors accessories market is distributed over North America, Latin America, Middle East & Africa, Europe, and Asia Pacific. North America dominates the global bioreactors accessories market in terms of value. Europe is anticipated to hold a significant share of the global market due to factors such as advanced technology, presence of a large number of prominent players, and surge in manufacturing of drugs and biopharmaceutical products. Asia Pacific is anticipated to register a fast growth rate due to rise in health care expenditure, increase in government initiatives and funding, prevalence of diseases such as rabies, polio, and malaria, increase in investment by market players in emerging economies.
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Key players operating in the global bioreactors accessories market include Sartorius Group, Bioreactors.net, bbi-biotech GmbH, Infors AG, GE Healthcare, and Thermo Fisher Scientific Inc.
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