Bioreactor Market share forecast to see growth 18% CAGR from 2017 to 2024

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Global Bioreactor Market forecast to exceed 1.9
billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Bioreactor Market

• Global Market Insights, Inc. says, the Global
  Bioreactor Industry is estimated to register 18
  CAGR over the period of 2016-2024.
• Growing focus on RD in biotechnology and
  increasingly rising chronic disorders are
  outlined as the prime drivers behind bioreactors
  market growth.
• The surging precision medicine market has
  impelled personalized medical treatments for the
  patients, which, in turn, will favor the growth
  of bioreactor industry.
• Progressing tissue engineering technologies,
  development of orphan drugs, and growing
  antibodies production are also identified as the
  typical trends which are significantly driving
  the bioreactors market share.
• Biopharma manufacturers, CMOs (Contract
  manufacturing organizations) and RD
  organizations are the three predominant end-use
  industries in the worldwide bioreactor market.
• The bioreactor industry is likely to spectate
  growing collaborations in biopharmaceutical
  sector through strategic partnerships with
  diagnostic developers, medical device
  manufacturers, and even academic institutions.

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Continued...

• One such example is of Sartorius Stedim Biotech,
  a leading global supplier in the
  biopharmaceutical industry acquisition of U.S.
  start-up kSep Holdings, Inc. in 2016.
• kSep Systems leverages its innovation and
  engineering expertise to develop automated
  centrifugation systems which are widely used in
  manufacturing of monoclonal antibodies,
  cell-based therapeutics, and vaccines.
• The growing number of pharmaceutical companies
  and technological advancements in the medical
  space is driving the U.S. bioreactor market size,
  slated to cross an industry valuation of USD 600
  million by 2024.
• Based on technology, bioreactor market is
  segmented into single use bubble column,
  wave-induced motion SUB, and stirred SUB
  technology.
• China bioreactor industry driven by rising
  prevalence of chronic diseases and increasing RD
  investment in the region is further expected to
  record an annual growth rate of 19 over the time
  span of 2016-2024.
• Eppendorf, Sartorius, GE Healthcare, Thermo
  Fisher Scientific, and Merck Millipore are some
  of the prominent players in bioreactor industry.

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U.S. Bioreactor Market Share, By Technology, 2016

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Table of Content
Chapter 1. Methodology 1.1. Methodology
1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Market definition and
forecast parameters 1.2. Data
sources 1.2.1. Primary 1.2.2.
Secondary Chapter 2. Executive Summary 2.1.
Bioreactor industry 3600 synopsis, 2013 -
2024 2.1.1. Business trends 2.1.2. Product
trends 2.1.3. Technology trends 2.1.4. End
use trends 2.1.5. Regional trends
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Table of Content
Chapter 3. Bioreactor Industry Insights 3.1.
Industry segmentation 3.2. Industry landscape,
2013 2024 3.3. Industry ecosystem
analysis 3.3.1. Distribution channel
analysis 3.3.2. Vendor matrix 3.4. Industry
impact forces 3.4.1. Growth drivers 3.4.1.1.
Growing biopharmaceuticals and biologics
industry 3.4.1.2. Technological advancements
in bioreactor 3.4.1.3. Growing orphan drugs
developments 3.4.1.4. Increasing demand for
personalized medicines 3.4.2. Industry pitfalls
challenges 3.4.2.1. Low capacity of single
use bioreactor 3.4.2.2. Concerns regarding
extractables 3.5. Regulatory landscape 3.5.1.
U.S. 3.5.2. Canada
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Table of Content
3.5.3. Germany 3.5.4. UK 3.5.5. China 3.6.
Outsourcing landscape 3.7. Technology
landscape 3.7.1. U.S. 3.7.2. Europe 3.8.
Growth potential analysis 3.8.1. By
Molecule 3.8.2. By Technology 3.9. Porters
analysis 3.10. Bioreactor competitive landscape,
2016 3.10.1. Business overview 3.10.2.
Revenue analysis 3.10.3. Product
landscape 3.10.4. Strategy dashboard 3.11.
PESTEL analysis
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