Cell Culture Market – Overview
Cell Culture is the method by which cells are cultured in a lab under carefully controlled circumstances, normally outside their normal living environment. Once the cells of interest are isolated from living human tissue, they can then be kept under carefully controlled circumstances. When the conditions in cell culture are favorable, the cells reproduce rapidly and divide to form a large number of embryos. If something goes wrong in the culture, the cells cannot divide properly or the number of embryos created is less than what the parents would have liked. The global cell culture market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global cell culture market is expected to witness significant growth during the forecast period, owing to the launches of advanced cell culture products.
The global Cell Culture market size was valued at USD 18.9 billion in 2020 and is expected to expand at a CAGR of 11.26% from 2021 to 2028.
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Cell Culture Market – Drivers
Rising funding for cell-based research and development activities is expected to drive the growth of the global cell culture market during the forecast period. Many private and public organizations are providing funding for cell-based research. For instance, in February 2021, CellulaREvolution, a U.K.-based culturing startup, raised US$ 1.37 million for its continuous cell culture technology research from CPT Capital, Stephan Schmidt, Orange Light Ventures, Northstar Ventures, North East Innovation Funds, and the newly launched Northern Accelerator Seed Investment Fund (NASIF). Hence, such factors are expected to drive the growth of the global cell culture market during the forecast period. Furthermore, launches of advanced cell culture products are expected to propel the global cell culture market growth over the forecast period.
Cell Culture Market – Restraint
The high cost of cell biology research is expected to hinder the global cell culture market growth over the forecast period.
Cell Culture Market – Regional Insights
Among regions, North America is expected to witness significant growth in the global cell culture market during the forecast period. This is owing to the presence of major pharmaceutical and biotechnology companies such as GE Healthcare, Thermo Fisher, and BD in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to proactive government initiatives in the life science industry.
Cell Culture Market – Competitive Section
Major companies involved in the global cell culture market are Thermo Fisher, Merck Millipore, Corning, GE Healthcare, BD, Takara, Lonza, and HiMedia.
For instance, in March 2021, Bio-Techne Corporation launched Cultrex Ultimatrix BME to support organoid and pluripotent stem cell cultures.
- The report provides an extensive analysis of the current and emerging Cell Culture market trends and dynamics.
- Depending on the Cell Culture market, the segments dominated the market of Cell Culture, in terms of revenue in 2020 and are projected to grow at a CAGR of 11.26% during the forecast period.
- By business, the sale segment led the Cell Culture market in 2020.
- The Cell Culture market is projected to register the highest growth rate in the coming years.
- The key market players within the market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the Cell Culture industry.
- The report provides an extensive analysis of the Cell Culture market growth and emerging opportunities of the market.
- An in-depth market analysis is conducted by constructing estimations for the key segments between 2021 and 2028.
- The Cell Culture market forecast analysis from 2021 to 2028 is included in the report.
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Why You Should Buy This Report:
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Main Points Covered in TOC:
1 Study Coverage
1.1 Cell Culture Product Introduction
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered: Ranking of Global Top Cell Culture Manufacturers by Revenue in 2020
1.4 Market by Type
1.5 Market by Application
1.6 Coronavirus Disease 2019 (Covid-19): Cell Culture Industry Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global Cell Culture Market Size Estimates and Forecasts
2.1.1 Global Cell Culture Revenue Estimates and Forecasts 2015-2020
2.1.2 Global Cell Culture Production Capacity Estimates and Forecasts 2020-2028
2.1.3 Global Cell Culture Production Estimates and Forecasts 2020-2028
2.2 Global Cell Culture Market Size by Producing Regions: 2015 VS 2020 VS 2028
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Global Cell Culture Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3.3 Global Cell Culture Manufacturers Geographical Distribution
2.4 Key Trends for Cell Culture Markets & Products
2.5 Primary Interviews with Key Cell Culture Players (Opinion Leaders)
3 Market Size by Manufacturers
4 Cell Culture Production by Regions
5 Cell Culture Consumption by Region
6 Market Size by Type (2015-2020)
7 Market Size by Application (2015-2020)
8 Corporate Profiles
9 Production Forecasts by Regions
10 Cell Culture Consumption Forecast by Region
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Finding in The Global Cell Culture Study
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
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