A bioreactor is a device in which a biological reaction using culture is carried on. This bioprocess using bioreactor helps in the growth of cells or tissues. This process can be carried on aerobically or anaerobically. The concept of rocking bioreactor was first introduced in 1990. Rocking Bioreactors were used as an alternative to stirred tank bioreactor which provides proper gases exchange and growth of organisms as the process involves rocking bed surface. Xuri Cell Expansion System is first designed rocking bioreactor. As Rocking bioreactors is completely depended on digital technology, rocking bioreactors have been widely used by pharmaceutical and biotechnological industries for designing vaccines, monoclonal antibodies and various recombinant protein.
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Rocking bioreactors market: Drivers and Restraints
Increasing prevalence of chronic diseases along with rising demand of rocking bioreactors for designing personalized vaccines are the primary factor driving the growth of rocking bioreactor market. Also, rising number of FDA approved orphan drugs manufacturing has increased the demand of rocking bioreactor in the forecast years. Additionally, the availability of favorable reimbursement scenario in developed economies will also propel the growth of rocking bioreactors market. Also, rise in funding by the government for drug development using advanced technology will also drive the growth of rocking bioreactor market. Moreover, the rocking bioreactors using hybrid technology has been widely used for waste water management which will also expand the market for rocking bioreactors. Various contract manufacturing organizations have been. On the other hand, scale down is one of the major drawback of rocking bioreactor which can hamper the growth of rocking bioreactor. Also, the limited storage capacity in the reactors and may deter the growth of Rocking bioreactors market in under developing economies.
Rocking bioreactors market: Overview
Among all capacity of rocking bioreactors, the 155l will hold the highest revenue share as the bioreactor will hold the maximum culture capacity and is highly adopted by the biopharmaceutical industries. Amon, the molecule type, monoclonal antibodies will capture the highest revenue share. Monoclonal antibodies gain over USD 270.0 million in 2018 and is expected to gather more in the coming years. Also, the monoclonal antibodies have been widely used in the treatment of breast cancers, rheumatoid arthritis, psoriasis, leukemia etc. Among all end user, the biopharmaceutical industries segment is anticipated to grow at a significant rate over the forecast period due to increased funding by the government for drug development and increasing FDA approval will also help to drive rocking bioreactor the market growth.
Rocking Bioreactor Market: Impact of COVID 19
COVID-19 which, originated in the city of Wuhan, Mainland China, has spread aggressively to evolve into a global pandemic involving more than 170 countries. This pandemic has affected lives across the economic, social and political sphere. Rocking bioreactor aids in vaccine development, which is the primary focus of biopharmaceutical industries and researchers alike at the moment, as this infection has no available cure. A breakthrough at this moment can benefit the stock prices of pharmaceutical industries including rocking bioreactor market growth.
Rocking Bioreactors market: Regional Overview
North America will show the high revenue for the Rocking bioreactors market due to increasing prevalence of chronic diseases. Also, the rising geriatric population in the region will also drive the bioreactor market growth as the prevalence of disease increases with age. After North America, the Europe region will show the robust growth for the Rocking bioreactors market in the near future, due to availability of better R&D infrastructure European countries. The rising number of diseases will increase the focus of biopharmaceutical industries to develop effective threptic by advanced bioprocess using rocking bioreactor. Latin America region will show the significant demand for the rocking bioreactors market, due to the regional government initiative towards the women health in countries. In Asian countries like China and India, the rate of the chronic disease is high due to the lifestyle pattern and unhygienic conditions, this may show the more demand for the rocking Bioreactors Market. The Middle East and Africa are expected to be least lucrative region for rocking bioreactors market due to lack of awareness about the advanced technology due to lack of funding for research and development to biopharmaceutical industries.
Rocking bioreactors market: Key Players
Examples of some of the market participants in rocking bioreactors market identified across the value chain include GE Healthcare, Sartorius AG, Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation, Bioforce, Fermentec and others.
The research report on Rocking bioreactors market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on Rocking bioreactors market provides analysis and information according to market segments such as geographies, application, and industry.
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