27.02.2019 Views

Global Bioreactors and Fermenters market is expected to reach 1810 million US$ by the end of 2025

The global Bioreactors and Fermenters market is valued at 1150 million US$ in 2018 is expected to reach 1810 million US$ by the end of 2025, growing at a CAGR of 5.9% during 2019-2025. https://www.qyresearch.com/index/detail/958496/global-bioreactors-and- fermenters-market

The global Bioreactors and Fermenters market is valued at 1150 million US$ in 2018 is expected to reach 1810 million US$ by the end of 2025, growing at a CAGR of 5.9% during 2019-2025.
https://www.qyresearch.com/index/detail/958496/global-bioreactors-and-
fermenters-market

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• The leading fac<strong>to</strong>rs <strong>to</strong> have boosted <strong>the</strong> global dem<strong>and</strong> for<br />

bioreac<strong>to</strong>rs <strong>and</strong> fermenters in <strong>the</strong> past few years include <strong>the</strong><br />

increased adoption <strong>of</strong> hybrid technologies, which use single-use <strong>and</strong><br />

stainless steel systems, <strong>and</strong> <strong>the</strong> increasing popularity <strong>of</strong> single-use<br />

d<strong>is</strong>posable bioreac<strong>to</strong>rs among biopharmaceutical companies <strong>and</strong><br />

contract manufacturers. The <strong>market</strong> <strong>is</strong> also driven due <strong>to</strong> <strong>the</strong> r<strong>is</strong>ing<br />

prevalence <strong>of</strong> a number <strong>of</strong> chronic d<strong>is</strong>eases, which has consecutively<br />

increased <strong>the</strong> world’s appetite for biologics, drugs for orphan d<strong>is</strong>eases,<br />

<strong>and</strong> personalized medicines. These fac<strong>to</strong>rs are <strong>expected</strong> <strong>to</strong> remain at<br />

<strong>the</strong> helm <strong>of</strong> all major developments <strong>expected</strong> <strong>to</strong> be observed in <strong>the</strong><br />

global <strong>market</strong> for bioreac<strong>to</strong>rs <strong>and</strong> fermenters in <strong>the</strong> next few years.

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