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Global Cell Culture Market

Global Cell Culture Market

Dublin, April 04, 2023 (GLOBE NEWSWIRE) -- The "Global Cell Culture Market by Product (Consumables (Media, Sera, Reagent), Vessel (Roller bottle, Cell Factory), Equipment (Bioreactor, Centrifuges, Incubators)), Application (mAbs, Vaccines, Diagnostics, Tissue Engineering), End User - Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering.

The global cell culture market is projected to reach USD 51.3 billion by 2028 from USD 27.9 billion in 2023, at a CAGR of 12.9% during the forecast period of 2023 to 2028. The growth of this market is majorly driven by the adoption of single-use technologies, growing focus on product development, growing popularity of monoclonal antibodies, and growth in cell and gene therapies and stem cell research. On the other hand, the high cost of cell biology research is restraining the growth of this market.

The supporting equipment sub-segment accounted for the largest share of the equipment segment during the forecast period

By product, the supporting equipment sub-segment accounted for the largest share of the equipment segment. Cell culture supporting equipment includes filtration systems, cell counters, carbon dioxide incubators, centrifuges, autoclaves, microscopes, biosafety cabinets, and other supporting equipment such as pipetting aids, pipettes, cell inserts, cell scrapers, cell lifters, cell spreaders, pH meters, shakers, flow cytometers, and water baths. These equipment play a vital role in maintaining optimum cell culture conditions. The increasing focus on cancer research, cell-based research and stem-cell research coupled with the rising need to meet the GMP standards and regulations is expected to fuel the segment market growth.

Europe: The second largest region in the cell culture market

Factors such as the increasing incidence of chronic diseases, rising government investments in life sciences, and increasing focus on stem cell research and regenerative medicine are driving the growth of the cell culture market in Europe. Moreover, several conferences, symposia, seminars, trade fairs, annual events, and workshops are being organized in Europe to create awareness of cell culture products.

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Market Dynamics

Drivers

Government Support and Funding for Cell-Based Research

Emerging Cell Culture Technologies for Cell-Based Vaccines

Growing Popularity of Monoclonal Antibodies

Adoption of Single-Use Technologies

Growing Focus on Product Development

Growth in Cell and Gene Therapies and Stem Cell Research

Incidence of Infectious Diseases

Restraints

Opportunities

Demand for 3D Over 2D Cell Cultures

Growth Hotspots in Emerging Economies

Challenges

Disposal of Plastic Consumables

Key Attributes:

Report Attribute

Details

No. of Pages

692

Forecast Period

2022 - 2027

Estimated Market Value (USD) in 2022

$27.9 Billion

Forecasted Market Value (USD) by 2027

$51.3 Billion

Compound Annual Growth Rate

12.9%

Regions Covered

Global

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Cell Culture Market, by Product6.1 IntroductionTable 18 Market, by Product, 2020-2028 (USD Million)6.2 Consumables6.2.1 Sera, Media, and Reagents6.2.2 Vessels6.2.3 Accessories6.3 Equipment6.3.1 Supporting Equipment6.3.2 Bioreactors6.3.3 Storage Equipment

7 Cell Culture Market, by Application7.1 IntroductionTable 277 Market, by Application, 2020-2028 (USD Million)7.2 Biopharmaceutical Production7.2.1 Monoclonal Antibody Production7.2.2 Vaccine Production7.2.3 Other Therapeutic Protein Production7.3 Diagnostics7.4 Drug Screening & Development7.5 Tissue Engineering & Regenerative Medicine7.5.1 Cell & Gene Therapy7.5.2 Other Tissue Engineering & Regenerative Medicine Applications7.6 Other Applications

8 Cell Culture Market, by End-user8.1 IntroductionTable 330 Cell Culture Market, by End-user, 2020-2028 (USD Million)8.2 Pharmaceutical & Biotechnology Companies8.3 Hospitals & Diagnostic Laboratories8.4 Research & Academic Institutes8.5 Other End-users

9 Cell Culture Market, by Region

10 Competitive Landscape

11 Company Profiles

12 Appendix12.1 Discussion Guide12.2 Knowledgestore: The Subscription Portal12.3 Customization Options

Companies Mentioned

Thermo Fisher Scientific Inc. (US)

Merck KGaA (Germany)

Danaher Corporation (US)

Corning Incorporated (US)

Eppendorf AG (Germany)

FUJIFILM Irvine Scientific, Inc. (Japan)

Lonza Group AG (Switzerland)

Sartorius AG (Germany)

Agilent Technologies, Inc. (US)

Getinge AB (Sweden)

Becton, Dickinson and Company (US)

Miltenyi Biotec (Germany)

HiMedia Laboratories (India)

STEMCELL Technologies Inc. (Canada)

Solida Biotech GmbH (Germany)

Caisson Laboratories Inc. (US)

PromoCell GmbH (Germany)

InvivoGen (US)

Pan-Biotech GmbH (Germany)

Cellexus (UK)

Meissner Filtration Products Inc. (US)

Adolf Kuhner AG (Switzerland)

SeraCare Life Sciences Inc. (US)

ANGUS Chemical Company (US)

Biospherix Ltd. (US)

For more information about this report visit https://www.researchandmarkets.com/r/vej4w1

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Attachment

Link:
Global Cell Culture Market Report 2023: Government Support and Funding for Cell-Based Research Bolsters Growth - Yahoo Eurosport UK