Venture Capital
Andrea Alms Video: Money In Motion 57 - The Bioreactor Market
May 2023 - Venture Capital
TRANSCRIPT
Hello, my name is Andrea and I am technology Investor financial Manager and this is your money in motion. What do vaccines and cultivated meat have in common? They both use bioreactors. The global bioreactor market is estimated at $8.5 billion in 2022 and to grow to $28 billion in 2032 at a compound average growth rate of 12%, according to MMR, the market size is $3.87 billion in 2021. Forecast to grow to $8.49 billion in 2029 at a growth rate of 10.32%, according to Weimar, in 2022, the market size $1.3 billion grows to $2.2 by 2030 at a growth rate of 6%, averaging the best guess $4.6 billion and growing at 9.4%. Yes, we are connecting the dots. Bioreactors micro carriers and regenerative medicine technologies are the foundation from what we eat to how we are healed. Thank you. This is your money, your money in motion.