Micro-bioreactors are types of equipment in which raw materials are transformed into biochemical products by using organisms or active substances derived from microbes. They support a biologically active environment. Micro-bioreactors are employed to create the right environment for the growth of microorganisms or to derive biochemically active substances from these organisms. The microbioreactor is a step toward high-throughput bioprocess development, wherein fabrication, designing, fabrication, and characterization of polymer-based micro bioreactors are integrated with automated sensors and actuators. Plugin-and-flow microfluidic connectors and fabricated polymer micro-optical lenses are combined in the micro bioreactors for fast setup and ease of use. Also, there are several applications of micro bioreactors in the possibility of culturing microbial cells for batch, continuous and fed-batch operations.
MARKET SCOPE
The "Global Micro-Bioreactors Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Micro-bioreactors market with detailed market segmentation by type, application, end use, and geography. The report provides key statistics on the market status of the leading Micro-bioreactors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Micro-bioreactors market is segmented into 48 parallel bioreactors, 24 parallel bioreactors, others.
- On the basis of application, the market is segmented into pharmaceutical, sewage treatment, biochemical engineering, food industry, others.
- On the basis of end use, the market is segmented into pharmaceutical and biopharmaceutical industry, biotechnology industry, academic institutions, others.
MARKET DYNAMICS
Drivers:
- Rise in the adoption of Micro-bioreactors for research activities by biopharmaceutical companies.
- Rise in the use of biologics.
- Increasing R&D expenditure.
- Increasing support from government for innovative techniques.
- Development in novel technologies.
Restraints:
- The stringent regulation and lack of knowledge and expertise are the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Micro-bioreactors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Micro-bioreactors market in these regions.
IMPACT OF COVID-19ON MICRO-BIOREACTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Micro-bioreactors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Micro-bioreactors market are anticipated to lucrative growth opportunities in the future with the rising demand for Micro-bioreactors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Micro-bioreactors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Sartorius
- Stedim
- Pall Corporation
- M2p-labs
- Eppendorf
- Merck Millipore
- Applikon Biotechnology
- Chemtrix
- CerCell
- RUAG Space Nyon