Parallel Bioreactor Systems Market Size, Share, Growth, and Industry Analysis, By Type (4 Bioreactors, 8 Bioreactors, 16 Bioreactors and Others), By Application (Pharmaceutical Industry, Biochemical Engineering, Food Industry and Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Parallel Bioreactor Systems Market REPORT OVERVIEW

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The global parallel bioreactor systems market size was USD 349.7 million in 2022 and market is projected to touch USD 851.48 million by 2031, exhibiting a compound annual growth rate (CAGR) of 10.4% during the forecasting period.

Although the capital and consumable costs for commercially available systems are frequently too high, it is crucial to be able to conduct parallel, reproducible bioreactor growth experiments when working with anaerobic bacteria. As a result, at a fraction of the cost of commercial systems, a three-vessel parallel bioreactor system was created. It has the ability to perform batch and fed batch procedures as well as continuous culture. Many of the same features seen in systems with greater entry costs are also present in this system, such as in-line temperature, pH, and redox poise monitoring.

 To test the effectiveness of the system, Clostridium saccharoperbutylacetonicum was cultivated in an environment that supports ABE fermentation, a well-known industrial method for making acetone, butanol, and ethanol. Cell density, pH, and redox poise measurements all supported repeatable culture conditions for these parallel containers, and solvent quantification through GCMS supported consistent metabolic activities for the different cultures. Future researchers that demand high performance parallel fermentation platforms but cannot access commercial systems will be interested in this solution.

COVID-19 Impact: Disrupted Supply Chain Due to Lockdowns to Hamper Market Growth

The COVID-19 pandemic has caused a number of challenges for the equipment and machinery sector, including manufacturing disruptions, raw material shortages, a halt to international trade, and decreased demand from practically all end-user industries, including manufacturing, construction, and agricultural. The global parallel bioreactor systems market benefits significantly from the market for parallel bioreactor systems. Industrial equipment manufacturers were struggling with the immediate effects of COVID-19 as their supply chains and manufacturing processes were affected, and their clients' businesses also faced difficulties.

 This was having an exponential effect across the entire supply chain, reaching manufacturers of industrial equipment late but with full force nonetheless. Anything the corporation has faced is dwarfed by the scope of the impact on supply chains. However, market participants are stepping up their efforts to make up for the losses brought on by the COVID-19 epidemic and are looking for new chances to address market difficulties. Systems using parallel bioreactors are used to treat wastewater from both municipal and industrial sources. The need for parallel bioreactor systems around the world is being driven by rising measures taken by market participants to enhance their product portfolio.

LATEST TRENDS

"Adoption of Bioreactors by Polymeric Industries to Plunge Market Growth"

Throughout the forecast period, the worldwide parallel bioreactor market is anticipated to be driven by the rising popularity of submerged parallel bioreactors. Systems with submerged parallel bioreactors are effective at treating the wastewater from polymeric industries. The market is divided into municipal wastewater and industrial wastewater based on application. Due to their small environmental impact and improved capacity for treating wastewater for big populations, systems are seeing a strong demand in the treatment of municipal wastewater.

Parallel Bioreactor Systems Market SEGMENTATION

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• By Type

Based on type; the market is divided into 4 bioreactors, 8 bioreactors, 16 bioreactors and others.

In terms of product, 8 bioreactors is the largest segment.

• By Application

Based on application; the market is divided into pharmaceutical industry, biochemical engineering, food industry and others.

In terms of application, biochemical engineering is the largest segment.

DRIVING FACTORS

"Use of the System in Treatment of Water to Propel Market Growth"

Many different wastewaters are treated using parallel bioreactor systems. These systems have taken the place of traditional activated sludge (CAS) procedures and have grown immensely popular for biological wastewater treatment methods where the effluent quality is crucial. The designs and hydraulics of MBR systems have been upgraded, and this has increased their total capability. One significant trend that has a positive effect on the market is the increasing adoption of automated technology. A highly efficient method of treating wastewater is the parallel bioreactor system. Globally, these systems are more likely to displace the traditional activated sludge systems.

Compared to conventional systems, they are intended to give a higher level of efficiency in the treatment of industrial wastes. The demand for wastewater treatment is expanding as a result of the world's population growth. Worldwide, there is a growing need for enough pristine, fresh water. The need for membrane reactor systems is fuelled by this factor. This is one major factor for parallel bioreactor systems market growth.

"Innovation of Technology in Traditional Methods to Augment Market Growth"

The designs and hydraulics of bioreactor systems have been improved, and this has increased their total capability. Automated technology utilisation is increasing, which is a significant development that is helping the market. The usage of parallel systems in municipal wastewater has become more popular in recent years in a number of nations. The market for parallel biometers systems is also anticipated to benefit from advancements in parallel filtration technologies.

RESTRAINING FACTORS

"Expensive Installation to Impede Market Expansion"

Parallel bioreactors are relatively expensive to install and operate. It requires high energy and found to reject only 98% of organic carbon and 90% of ammonium nitrogen. Therefore, forward osmosis membrane bio reactor is better to remove greater than 99% organic carbon and 98% ammonium nitrogen. They have the better compatibility than conventional membrane bioreactor. This is anticipated to constrain market growth.

Parallel Bioreactor Systems Market REGIONAL INSIGHTS

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"Asia Pacific to Dominate the Market due to Demand for Wastewater Treatment"

During the projection period, the highest parallel bioreactor systems market share is anticipated to come from Asia Pacific. Growing demand for municipal wastewater treatment across a number of nations is what is driving the market for parallel bioreactor systems in Asia Pacific. The government is making investments in sewage treatment facilities for cities. This element is helping the market expand. It is predicted that rapid urbanisation, industrialisation, and other developing countries will produce prospective business prospects for market players. In addition, the market is anticipated to offer profitable growth prospects due to the growing need for filter replacement. The market for systems is being driven by rising government backing, numerous regulatory initiatives, and subsidies.

KEY INDUSTRY PLAYERS

"Tough Competition Among Market Players to Boost Market Growth"

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

List of Market Players Profiled

• Sartorius (Germany)
• Eppendorf (Germany)
• Infors AG (U.S.)
• H.E.L (India)
• Solida Biotech (Germany)
• Cleaver Scientific (U.S.)
• HiTec Zang GmbH (Germany)

REPORT COVERAGE

In terms of application, product type, configuration, and geography, the research study contains a complete analysis of businesses operating in the global parallel bioreactor systems market. Market segmentation at several levels, for which estimates and projections have been given. The research also examines geographical trends, end-use categories, market segments, and market size and share. This market study includes a thorough analysis of the market's overall growth prospects on a global and regional level. It also illuminates the thorough competitive environment of the global industry. The research also includes a dashboard overview of the top organisations, including their effective marketing approaches, market share, and most recent advancements in both historical and contemporary contexts.