Global Portable Bioprocessing Bioreactors Industry is set to attain US$ 6.75 Billion by 2033, propelled by a 14.6% CAGR | FMI

The global portable bioprocessing bioreactors industry size is anticipated to thrive at a strong CAGR of 14.6% between 2023 and 2033. The market is expected to have a market share of US$ 6.75 billion by 2033, while it is likely to be valued at US$ 1.73 billion in 2023.

• The growing scope of tissue engineering and fundamental applications of it in water treatment and food processing units are increasing the demand for portable bioprocessing bioreactors. Furthermore, the high portability, efficient power consumption, and effective results make these portable devices relevant in the industry.
• The tissue constructs formation, along with the production of recombinant proteins and pharmaceuticals, are also increasing the demand for portable bioreactors. Alongside this, government-based research and development facilities are also keenly working on the development of biotechnology and the food industry.
• The production of beer, vinegar, flavoring agents, food preservatives, and different types of bread involves the bioreactor application. Even cosmetic manufacturing spaces also get benefitted from the portable bioprocessing bioreactor.

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Key Takeaways:

1. The United States market leads North America’s portable bioprocessing bioreactors market in terms of market share in North America. The United States held a market share of 26.3% in 2022 and the growth is attributed to the government-funded research labs, proliferating food and beverages industry, and consumption through modern-age water treatment plants. The North American region acquired a market share of 31.5% in 2022.
2. Germany’s portable bioprocessing bioreactors market held a market share of 5.8% in 2022. The market growth is caused by increasing tourist footfall, industry-wise wide adoption, and rising biotechnological advancements. The Europe region held an overall market share of 23.5% in 2022.
3. India’s market thrives at a strong CAGR of 17.8% between 2023 and 2033. High consumption of fizzy drinks (Alcoholic and Non-alcoholic), expanding food industry, and a high number of tissue engineering facilities are helping India’s market to accumulate a high market share.
4. China’s market also thrives at a CAGR of 18.4% during the forecast period. Experiments in China on human biotechnology and tissue constructs creation are helping the region gain traction in the global market.
5. Based on material type, the single segment leads the market as it held a market share of 41.30% in 2022.
6. Based on end-user type, the biopharmaceutical industry segment strives as it accumulated a revenue share of 85.7% in the global market in 2022.

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Competitive Landscape:

The key vendors focus on application-specific bioreactors. Further, the competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Developments in the Portable Bioprocessing Bioreactors Market:

• Biosan has introduced the RTS-8 Plus, a personal multi-channel bioreactor with non-invasive. This is the real-time OD pH and pO2 measurement machinery.
• GE Healthcare has launched its bioreactor bags with two versions. One contains 10 films and the other with 11 films.

Key Players Profiled in the Market:

• Thermo Fisher Scientific
• Merck & Co. Inc.
• Sartorius Stedim Biotech SA
• Uma Pharmatech machinery
• IKA
• Biosan
• GE Healthcare
• Parker Hannifin Corp
• Avantor Fluid Handling LLC

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Key Segments Covered:

By Capacity:

• 1 to 10 L
• 10 to 50 L
• 50 to 100 L
• 100 to 500 L

By End User:

• Biopharmaceuticals industry
• Academic institute
• Research laboratories

By Material:

• Glass
• Stainless Steel
• Single Use

By Control type:

• Automatic
• Manual

By Suppliers:

• Original Equipment Manufacturers
• System Integrators
• Engineering Procurement and Construction

Key Regions Covered:

• North America
• Latin America
• Europe
• Japan
• Asia Pacific Excluding Japan
• The Middle East and Africa

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