
Global Cell Culture Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
5542
May 2023
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The Cell Culture Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026.
The Cell Culture Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global cell culture market report has been segmented on the basis of consumables, product, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Cell Culture Market Overview:
The Cell Culture Market was valued at $18.6 billion in 2021 & is projected to reach $38.5 billion by 2027. It is expected to grow at a 12.1% CAGR between 2021 and 2027.
Cell culture is a technique wherein cells are removed from plants or animals and are placed in a transparent fluid medium in a favorable artificial environment for their cultivation, propagation, and subsequent growth.
The cells from the tissue can be removed by enzymatic or mechanical means before cultivation or can be derived from cell strain or cell line that has been already derived or established.
Increasing adoption of cell culture technique for development of vaccines and biopharmaceuticals is a major factor driving growth of the global cell culture market. In addition, increasing funding for cell-based research is another factor propelling the growth of the global market.
Moreover, increasing demand for biosimilar products and monoclonal antibodies is another factor expected to further fuel the growth of the global market to a significant extent over the forecast period.
High capital investment is a major factor hampering the growth of the global cell culture market. In addition, the high cost of research and lack of appropriate infrastructure in developing and underdeveloped countries are other factors expected to hamper the growth of the global market to a certain extent.
Increasing demand for 3D cell culture is expected to create opportunities for major players in the global market over the forecast period.
The North American market dominates the global cell culture market in terms of revenue and is expected to maintain its dominance over the forecast period.
Increasing new drug approval, the presence of advanced healthcare infrastructure, and rising investments in cell-based research are major factors driving the growth of the North American cell culture market.
The Europe market accounts for the second-highest share in terms of revenue in the global market. The Europe cell culture market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period.
The Asia Pacific cell culture market is expected to witness the highest growth in the global market and is projected to register a CAGR of XX.X% over the next 10 years.
Global cell culture market segmentation:
Segmentation on the basis of consumables:
- Media
- Sera
- Reagents
Segmentation on the basis of product:
- Culture Systems
- Incubators
- Centrifuges
- Pipetting Instruments
- Biosafety Equipment
- Cryostorage Equipment
Segmentation on the basis of application:
- Biopharmaceuticals
- Cancer Research
- Drug Development
- Gene Therapy
- Tissue Culture & Engineering
- Toxicity testing
- Vaccine Production
Segmentation on the basis of region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - Thermo Fisher Scientific Inc.
- Merck KGaA
- GE Healthcare
- Lonza Group AG
- Becton, Dickinson and Company
- Eppendorf
- HiMedia Laboratories
- Sartorius AG
- Promocell GmbH
- Irvine Scientific
- Invivogen
- Cellgenix GmbH
- Miltenyi Biotec
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