Airlift Bioreactors Global Market Projected to Experience a Growth Rate of 10.5% CAGR, Reaching over $5.89 Billion By 2028
Global airlift bioreactors market size is expected to reach $5.89 billion by 2028 at a rate of 10.5%, segmented as by product, internal airlift loop bioreactor, external airlift loop bioreactor
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The airlift bioreactors global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Airlift Bioreactors Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size -
The airlift bioreactors market size has grown rapidly in recent years. It will grow from $3.58 billion in 2023 to $3.95 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increased demand for single-use bioreactors, an increased number of clinical and preclinical trials performed, an increased focus on bioprocessing efficiency, increased demand from contract research organizations (CROs) and contract development and manufacturing organizations (CMOs), and government support and regulations.
The airlift bioreactors market size is expected to see rapid growth in the next few years. It will grow to $5.89 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to the growing output of various research and development activities for biochemicals, growing investments in healthcare, economic growth and development, growing awareness of the benefits of airlift bioreactors, and rising demand for customized and personalized medicines. Major trends in the forecast period include the emergence of new players, the use of airlift bioreactors in vaccine production, a growing focus on sustainability, demand for high-density cell culture, and a growing focus on regulatory compliance.
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Scope Of Airlift Bioreactors Market
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Airlift Bioreactors Market Overview
Market Drivers -
The rising demand for biopharmaceutical products is expected to propel the growth of the airlift bioreactors market going forward. Biopharmaceutical products are medicinal products derived from living organisms or produced using biotechnological processes, including recombinant DNA technology, cell cultures, and monoclonal antibodies. The demand for biopharmaceutical products is increasing due to cell culture technologies, an increase in chronic diseases, the incidence of age-related diseases, innovations in bioprocessing, and advancements in genomics. Airlift bioreactors are highly beneficial in developing biopharmaceutical products due to their unique design and operational advantages, which are used in producing therapeutic proteins, monoclonal antibodies, and vaccines. For instance, in August 2023, according to a report by the Alliance for Regenerative Medicine, a US-based non-profit organization, there were 2,760 cell, gene, and tissue-engineering therapeutic developers worldwide in the first quarter of 2023, up 101% since 1,369 in the first quarter 2022. Therefore, rising demand for biopharmaceutical products is driving the growth of the airlift bioreactors market.
Market Trends -
Major companies operating in the airlift bioreactor market are focusing on advancing airlift technology in single-use bioreactors to enhance scalability, improve operational flexibility, and meet the growing demand for efficient and cost-effective bioprocessing solutions. Airlift technology in single-use bioreactors involves using a gas, typically air or oxygen, to circulate and mix the culture broth without mechanical agitation. This method leverages the differences in density between the gas-sparged (riser) and non-gas-sparged (downcomer) regions to create a natural circulation loop. For instance, in March 2022, Cellexus, a UK-based biotechnology company, introduced airlift single-use disposable bioreactor systems. This innovative bioreactor airlift technology replaces mechanical mixing with bubble-driven circulation, ensuring optimal aeration and promoting rapid cell growth by efficiently moving cells and nutrients. This system has minimal mechanical shear forces and operates without impellers.
The airlift bioreactors market covered in this report is segmented –
1) By Product: Internal Airlift Loop Bioreactor, External Airlift loop Bioreactor
2) By Capacity: 5 Liters, 7 Liters, 10 Liters, 30 Liters
3) By Usage: Single-Use Or Disposal, Reusable
4) By Production Scale: Laboratory Scale, Pilot-Scale, Large Scale
5) By End-User: Biopharmaceutical Companies, Contract Research Organizations (CROs) Or Contract Development And Manufacturing Organizations (CDMOs), Research And Development Companies
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Regional Insights -
North America was the largest region in the airlift bioreactor market in 2023. The regions covered in the airlift bioreactors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the airlift bioreactors market are Lonza Group AG, Sartorius AG, Cytiva, Zeta Global Corp., Shanghai Ritai Medicine Equipment Project Co. Ltd., Applikon Biotechnology, Kuhner Shaker Inc, Tecnal, bionet, Bailun Biotechnology Co.Ltd, ProAnalytics LLC, IVEN Pharmatech, Solida Biotech, LABOAO, Cellexus, Electrolab Biotech Ltd , Shree Biocare Solutions Pvt Ltd, BioReactor Sciences, Lab1st Scientific, Atlas Scientific, Cedarstone Industry, Belach Bioteknik AB, Biojenik Engineering, Vögtlin Instruments GmbH, OmniBRx Biotechnologies Pvt Ltd
Table of Contents
1. Executive Summary
2. Airlift Bioreactors Market Report Structure
3. Airlift Bioreactors Market Trends And Strategies
4. Airlift Bioreactors Market – Macro Economic Scenario
5. Airlift Bioreactors Market Size And Growth
…..
27. Airlift Bioreactors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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