Small Scale Perfusion Bioreactors Capture 2/3 Market Share: Persistence Market Research
For medical research cell culture media is required, which makes in-vito biological testing possible due to cell culture. This create demand for perfusion bioreactors. Increasing sources of R&D spending on this include government funding, private funding, and funding by commercial organizations.
Applied and basic research is the main focus of academic research institutes, where governments and industrial organizations prefer cost-effective ways for production and development. Investments in R&D are expected to increase in all countries across the globe over the coming years, especially in China, India, and Brazil, which will drive demand for perfusion bioreactors.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/14398
The global perfusion bioreactors market was valued around US$ 300 Mn in 2020, and is expected to exhibit a CAGR of around 7.5% over the forecast period (2021 - 2031).
Companies
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/14398
Key Takeaways from Market Study
“Biopharmaceutical companies are witnessing growth in emerging economies as well as in developed countries due to effective production, high research activities, and rising awareness about good manufacturing practices,” says an analyst of Persistence Market Research.
COVID-19 Impact
The impact of COVID-19 can be easily viewed in the financials of all companies. In the U.S., cases of COVID-19 have reached 7 million with over 1 million deaths. Due to this unprecedented pandemic scenario, the healthcare sector across the world has been the central point of focus.
However, the global perfusion bioreactors market can be said to be minimally affected. New installations were impacted due to hampered import activities and supply chain crises.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/14398
New Product Launches - Strategy by Key Players
Key manufacturers of perfusion bioreactors use the strategy of introducing new and innovative products according to patients’ needs. This factor has led to intense competition among market players.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the perfusion bioreactors market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031.
The research study is based on scale (small scale bioreactors and large scale bioreactors), application (R&D and GMP), and end user (biopharmaceutical companies, academic and research institutes, contract research organizations (CROs), and contract manufacturing organizations(CMOs)), across seven key regions of the world.
About us: Persistence Market Research
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
About Us: Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account o
Jun 28, 2022