Global Micro Bioreactors Market increases From 177.51 M USD in 2012 to 256.84 M USD in 2016, with a CAGR of more than 9.68%

Description :

In the reporting year, the sales Revenue of Micro Bioreactors increases from 177.51 M USD in 2012 to 256.84 M USD in 2016, with a CAGR of more than 9.68%.
In the Europe, the region contributing the highest share of sales revenue of slightly more than 26% in 2016, despite stagnant macroeconomic environment in this region in the reporting year. The Emerging developing countries represented by China has Witnessed high rates increase in the reporting year, the sales revenue of China increases from 20.11 M USD in 2012 to 37.53 M USD in 2016, with an CAGR of more than 16.88%. However, high cost of instruments, lack of research and development of technology especially in emerging economies, and lack of laboratory technicians are expected to restrain the growth of this market.
The Micro Bioreactors industry has got a rapid development during the last few years, with the fast development of technology and research. The global total revenue of Micro Bioreactor is 256.84 M USD in 2016. In the past four years, the global consumption of Micro Bioreactors maintained a 19.83% average growth rate. At the same time, as the development of the society and economy, more and more attention has been emphasis on importance of phrama and biotech, and more and more Micro Bioreactor has been used in big companies.
The technical barriers of Micro Bioreactors are high. The manufacturing bases relative concentration; some of the key players dominating this market are Pall Corporation, Sartorius, Eppendorf, Merck Millipore, M2p-labs, Applikon Biotechnology and others. 



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