Unlocking the Potential of Small-Scale Bioreactors: A Game-Changer for Biotechnology
The global small-scale bioreactors market size is expected to reach USD 5.05 billion by 2030, registering a CAGR of 14.8% over the forecast period, according to a new report by Grand View Research, Inc. The product has a high demand and the market is anticipated to grow rapidly as a result of the COVID-19 pandemic. The pandemic has increased the need for research on cell-based drug discovery and also the demand for manufacturing novel medicines and vaccines according to the size of the population. For instance, according to the World Health Organization’s 2022 report, vaccine research has accelerated to an unprecedented pace in response to the COVID-19 pandemic and approximately 11.25 billion vaccine doses had been given around the globe as of 4 April 2022. Moreover, the use of small-scale bioprocessing systems in upstream processing, parallel processing, and experiment evaluation for bioprocess optimization is expected to drive the demand for small-scale ...