According to Report, the global cell culture market size is expected to reach US$ 38 billion by 2030 and is poised to grow at a noteworthy CAGR of 12.5% from 2021 to 2030.
Cell Culture Market (By Product: Instrument and Consumables; By Application: Stem Cell Technology, Cancer Research, Drug Screening & Development, Tissue Engineering & Regenerative Medicine and Others; By End User: Research Institutes, Pharmaceutical &x Biotechnology Companies, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030
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Cell culture is defined as a process of removing cells from an animal or plant source and growing subsequently under controlled conditions (in vitro). Furthermore, this artificial environment is composed of nutrients such as ideal temperature, gases, pH, and humidity, which are essential for the growth and proliferation of the cells. Removal of cells from the tissues can be done either by mechanical or enzymatic method before cultivation. The cells to be grown can also be derived from a cell line or cell strain that has already been established.
There are different types of tools and machines, which are employed in producing a cell culture. These machines are called as instruments and there are different types of chemicals, which are also employed in the production of a cell culture. These chemicals get used up during the process and hence are called as consumables. Culture condition required for cell culture includes substrate or medium, growth factors, hormones, gases, and regulated physico-chemical environment.
The major factors that contribute toward the growth of the cell culture market include surge in prevalence of cancer and rise in adoption of cell culture technique. Furthermore, factors such as increase in awareness related to use of cell culture technique in research and increase in research related funding also help boost the market growth. In addition, surge in cancer related research is another major factor that fuels the growth of the market. Conversely, expected rise in demand for advanced cell culture technologies offers a lucrative opportunity for the cell culture market growth.
For instance, some of the instruments, which are used to produce cell culture include bioreactors, cell culture vessels, cell culture storage equipment, cell culture supporting instruments, and others. Similarly, some of the consumables used in the process include sera, media, reagents, and bioreactor accessories. In addition, cell cultures are of a great importance and hence find their use in fields such as cancer research, stem cell technology, and others. The cell culture market is expected to grow along with advancement in biotechnology and its implementation in the biopharmaceutical sector.
Increment Use of Stem-Cell Structure to Boost Market
Immature microorganism culture helps in the adjustment of assembling of medications and permits to create a wide assortment of cell lines and its connected items. There is a high potential for development of the cell culture market with applications like immature microorganism research in the years to come. Foundational microorganism treatments serve to treat the reason for the sickness though the bygone era drug therapeutics could just guide in treating the indications of the illness. Subsequently, there is high possibility for the worldwide cell culture market in the field of undifferentiated organism culture for creating drugs. Cell structure is viewed as quite possibly the main strides in biosimilar creation for antibodies. Cell structure lessens fabricating cost and furthermore builds the usefulness and productivity of biosimilar antibodies.
A larger part of makers are perseveringly attempting to grow their item portfolio by dispatching new and progressed framework for huge scope creation. This implies both generally safe of defilement and is savvy giving a mutually beneficial arrangement to the producers.
Severe Regulatory Framework and High Quality Standards Restricting Growth
The burden of strong administrative system and great guidelines put forth by market pioneers may line the speed of market hole by rookies. Moreover, moral issues comparing to the utilization of significant expense of framework, rigid guidelines, and fetal cow-like serum needed for cell culture are relied upon to prevent the market during the gauge time frame. Notwithstanding, there is expansion in scope for the utilization of cell culture in biologics as the innovative work in biopharmaceuticals field focuses on the revelation of new therapeutics for new components of medication activity and uncommon sicknesses. Inferable from the therapy of chronic infections in both creating just as evolved nations, there is an expansion sought after for practical and effective items. With this, the interest for endorsement of biosimilar items have likewise raised.
Based on product, the consumables segment occupied 68.5% of the cell culture market share in 2020 due to increased financing for cell-based research and frequent purchases of consumables.
Based on application, the tissue engineering & regenerative medicine segment held the largest share in 2020 owing to developments in technologies for developing and cultivating tissue from cells, as well as breakthroughs in biotechnology and its use in the biopharmaceutical industry.
Based on end users, the pharmaceutical & biotechnology companies segment accounted for 62% share of the market in 2020 due to the growing regulatory permits for the manufacturing of cell culture-based by major pharmaceutical companies
Based on region, the Asia-Pacific region is expected to exhibit the highest CAGR of 13.5% during 2021-2030 due to a rise in understanding about the usage of cell culture techniques, Asia-Pacific delivers the attractive potential for key participants in the cell culture market. Another factor driving the market’s expansion is an increase in research investment in the region.
The key players profiled in this report include, Becton, Dickinson and Company, Corning Incorporated, Eppendorf, Sartorius AG, Merck KGaA, Lonza Group AG, PromoCell GmbH, Danaher Corporation, Thermo Fisher Scientific, and HiMedia Laboratories.
Report Scope of the Cell Culture Market
|Market Size||US$ 8.5 Billion by 2030|
|Growth Rate||CAGR of 4.5% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Largest Market||North America|
|Fastest Growing Market||Asia Pacific|
|Companies Mentioned||Becton, Dickinson and Company, Corning Incorporated, Eppendorf, Sartorius AG, Merck KGaA, Lonza Group AG, PromoCell GmbH, Danaher Corporation, Thermo Fisher Scientific, and HiMedia Laboratories|
Key Market Segments
- Bioreactor Accessories
- Cell Culture Vessels
- Cell Culture Storage Equipment
- Cell Culture Supporting Instruments
By End User
- Research Institutes
- Pharmaceutical & Biotechnology Companies
- Stem Cell Technology
- Cancer Research
- Drug Screening and Development
- Tissue Engineering & Regenerative Medicine
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2021) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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