The Middle East & Africa bioreactors market was valued at US$ 194.58 million in 2022 and is expected to reach US$ 292.40 million by 2030; it is estimated to record a CAGR of 5.2% from 2022 to 2030.
Increasing Adoption of Single-Use Bioreactors Bolsters Middle East & Africa Bioreactors Market
Various manufacturers are developing single-use bioreactors (SUBs) as they are robust and provide the high performance required for commercial manufacturing of biopharmaceuticals. Advantages such as film technologies, stirring mechanisms, bioreactor designs, and sensor systems have contributed toward increasing the adoption of disposable reactors from the lab to the production scale. The single-use bioreactors provide next-generation cell and gene therapies and continuous bioprocessing. The advancements in cell-culture processes have developed higher titers and cell densities, which have facilitated the adoption of SUBs.
Single-use bioreactors reduce the risks of contamination and decrease production turnaround times. In the last few years, the use of single-use bioreactors has increased in modern biopharmaceutical processes owing to their unique ability to enhance flexibility, reduce investment, and limit operational costs. Also, many companies have developed single-use bioreactors for producing a wide range of therapeutics. For instance, in March 2021, Thermo Fischer Scientific launched the 3,000 L and 5,000 L HyPerforma DynaDrive single-use bioreactors.
The reduction in validation time has been one of the essential benefits of single-use bioreactors. The rising adoption of single-use bioreactors for upstream bioprocessing is driving the market growth. For instance, Sartorius AG offers a wide range of single-use bioreactors. The company provides ambr 15 for a 10-15 mL micro bioreactor scale and Biostat STR for 50-2000L. The increasing acceptance of single-use bioreactors for the production of therapeutics is driving the market for bioreactors.
Middle East & Africa Bioreactors Market Overview
In Saudi Arabia, the bioreactors market is driven by a rising number of startup companies and increasing awareness about research and developments happening in the country for the enhancement of research activities. Research and technology are significantly governed by an increasing number of research projects undertaken by institutes such as King Abdullah University of Science and Technology. Well-developed research centers focus on increasing research studies for the treatment of various diseases, which in turn would increase the development of new treatment methods and hence also fuel the market growth. For instance, a study, "Chimeric antigen receptor structure and manufacturing of clinical grade CAR engineered cells using different bioreactors," was conducted in 2022 under the Stem Cell & Tissue Re-engineering Program in King Faisal Specialist Hospital & Research Centre, Kingdom of Saudi Arabia.
In Saudi Arabia, government initiatives are responsible for private sector involvement in healthcare expansion and investment. The developed healthcare expenditure and increasing government initiatives in Saudi Arabia are influencing the growth of the bioreactors market.
Middle East & Africa Bioreactors Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Bioreactors provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 194.58 Million |
Market Size by 2030 | US$ 292.40 Million |
Global CAGR (2022 - 2030) | 5.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Scale
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Bioreactors refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Thermo Fisher Scientific Inc
2. General Electric Co
3. Merck KGaA
4. Pall Corp
5. PBS Biotech Inc
6. Sartorius AG
7. Solaris Biotechnology SRL
The Middle East & Africa Bioreactors Market is valued at US$ 194.58 Million in 2022, it is projected to reach US$ 292.40 Million by 2030.
As per our report Middle East & Africa Bioreactors Market, the market size is valued at US$ 194.58 Million in 2022, projecting it to reach US$ 292.40 Million by 2030. This translates to a CAGR of approximately 5.2% during the forecast period.
The Middle East & Africa Bioreactors Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Bioreactors Market report:
The Middle East & Africa Bioreactors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Bioreactors Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Bioreactors Market value chain can benefit from the information contained in a comprehensive market report.