Global Cellbag Bioreactor Chambers Market to Grow with a CAGR of 12.7% During 2021-2030; Growing Interests Amongst Researchers for Molecular Biology to Create Opportunities for Market Growth

Kenneth Research published a report titled Cellbag Bioreactor Chambers Market: Global Demand Analysis & Opportunity Outlook 2030which delivers detailed overview of the global cellbag bioreactor chambers market in terms of market segmentation by material, component, application, scale, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global cellbag bioreactor chambers market is anticipated to grow with a CAGR of 12.7% over the forecast period, i.e., 2021 – 2030. The market is segmented by material into ethylene vinyl acetate copolymer, low density polyethylene, thermoplastic elastomer, polyester, polypropylene, and others, out of which, the polypropylene segment is anticipated to garner the largest revenue of USD 1265.8 Million by the end of 2030. Moreover, in the year 2020, the segment generated a revenue of USD 372.0 Million.

The global cellbag bioreactor chambers market is estimated to garner a revenue of USD 5124.6 Million by the end of 2030, up from a revenue of USD 1554.0 Million in the year 2020. Increasing research and developments in the field of healthcare, followed by the growing trends of cell culture in the field of cellular and molecular biology are some of the major factors anticipated to drive the market growth in the coming years.

Geographically, the global cellbag bioreactor chambers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, the market in North America is anticipated to garner the largest revenue of USD 2269.2 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of USD 723.1 Million.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Growing Prevalence of Cancer to Drive Market Growth

In the year 2020, the most common causes of cancer, according to the statistics by the World Health Organization (WHO) was breast, lung, colon & rectum cancers, followed by prostate, skin (non-melanoma), and stomach cancers with 2.26 Million cases, 2.21 Million cases, 1.93 Million cases, 1.41 Million cases, 1.20 Million cases, and 1.09 Million cases respectively.

Backed by the growing cases of cancer worldwide, there is a rising need amongst the cancer patients to undergo stem cell therapies so as to treat the disease effectively. The stem cell therapies are performed using different cell culture methods. As there is a growing need for cell culture, the demand for cellbag bioreactor chambers, which are used in the cell culture process, is also anticipated to grow, and in turn, drive the market growth.

However, the high cost of the equipment, along with the regulatory concerns with the use of bioreactors are expected to operate as key restraint to the growth of global cellbag bioreactor chambers market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global cellbag bioreactor chambers market which includes company profiling of Thermo Fisher Scientific, Avantor, Inc., Global Life Sciences Solutions USA LLC (Cytiva), Sartorius AG, Pall Corporation, Celltainer Biotech BV, Adolf Kuhner AG, Merck KGaA, TERUMO BCT, INC., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cellbag bioreactor chambers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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