Single – Use Bioreactors Market – Set To Register A Healthy CAGR

In the last 20 years, single – use bioreactors, also known as disposable bioreactors are being utilized in the industry of pharmaceuticals. Single – use equipments of bio development have to a great extent enabled the manufacture and growth of biopharmaceuticals.

 

The worldwide single – use bioreactors market is worth more than USD 200 million in 2014. It is expected to rise from 2014 to 2019, at a CAGR of about 18 percent. Rising at this rate, the market will achieve around USD 470 million by 2019.

 

Low utilization of power and low functional costs propel the single – use bioreactors market forward. However, shortages of clean sensors and less consciousness about single – use bioreactors obstruct the further development of this market.