The global airlift bioreactor market is expected to grow at a significant CAGR of 10.5% during the forecast period. The growth of the market is mainly driven by the rise in the biopharmaceutical industry and the increasing prevalence of various chronic diseases such as cancer, diabetes, heart diseases, and viral illnesses. According to the Reserve Bank of India (RBI), the Indian Pharmaceutical sector contributed nearly 2% to India’s GDP. Moreover, the Indian pharmaceutical market export turnover was $24.2 billion in 2020-21. India’s domestic pharmaceutical market was $41 billion in 2021, and likely to grow to $65 billion by 2024, and further expected to reach $130 billion by 2030.
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The market players are focusing on the adoption of various strategies including mergers and acquisitions, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance. in April 2019, Freeline together with Pall Corp. announced the completion of the first full-scale run in Freeline’s newly commissioned Good Manufacturing Practice(GMP) located in Stevenage UK. The Freeline propriety adeno-associated virus (AAV), manufacturing platforms use Pall’s iCELLis bioreactor, which offers highly efficient production of the AVV in a way that maximizes both quality and yield. The collaboration offers Freeline to take the advantage of the small footprint of the bioreactor of Pall. Moroever, in March 2020, Sartorius launched the BIOSTAT STR generation 3 single-use bioreactor and Biobrain automation platform introducing an innovation that change the field of biopharmaceutical process development and manufacturing. Biostat STR simplifies biologics production. This robust industrial platform consists of hardware, software, and consumables for single-use process development and commercial biomanufacturing. Biostat STR bioreactors and Flexsafe STR bags range from 12.5L to 2000L in the working volume.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Airlift Bioreactor Market Report by Segment
By Product
- Internal Airlift Loop Bioreactors
- External Airlift Loop Bioreactor
By Usage
- Single Use Disposable
- Reusable
By End-User
- Biopharmaceutical Companies
- Contract Research Organizations/Contract Development Manufacturing Organizations
Global Airlift Bioreactor Market by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global airlift bioreactor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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