Cell Culture Market Market has potentials to grow as the most influential market worldwide as it has been playing a noteworthy role in imprinting positive impacts on the international economy. The Global Cell Culture Market Market Report offers vital insights to determine and study market anticipations, market size, and competitive environment. The research is derived through primary and secondary data sources and it encompasses both qualitative and quantitative detailing.
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Cell Culture Market
Market Overview
Cell culture is a rapidly emerging and an essential medical tool used for the treatment and diagnosis of various chronic diseases. Many organizations are laying emphasis on expanding their cell depository and improving their product portfolio by investment in R&D and product launches.
The global cell culture market is estimated to be valued at US$ 15,805.7 million in 2019, and is expected to exhibit a CAGR of 7.2% over the forecast period (2019-2027).
Market Drivers
Increasing research and development activities in the biotechnology sector is expected to propel the global cell culture market growth over the forecast period. Key companies in the biotechnology sector are focused on investing R&D activities pertaining diagnosis and treatment of chronic diseases. For instance, on November 2019, Thermo Fisher Scientific invested around US$ 250.0 Mn to increase its operations in the U.S., Europe, India, Argentina, U.K., and China. The company also invested around US$ 24.0 Mn in 2019 in biologics production facility located in Scotland to increase its manufacturing capabilities for cell culture media.
Moreover, increasing prevalence of chronic diseases combined with growing importance of tissue or organ replacement with cell culture process and high demand for antibody production is expected to drive growth of the global cell culture market during the forecast period. According to the WHO (World Health Organization) reports published in 2017, Europe is the region, which is mostly affected by non-communicable diseases (NCDs) such as diabetes, cardiovascular diseases, cancer, chronic respiratory diseases, and mental disorders.
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Key companies are involved in adopting inorganic growth strategies such as mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in December 2019, Sartorius, a leading international partner of life science research and the biopharmaceutical industry entered into a strategic agreement to acquire majority of stakes of Israel-based Biological Industries. The acquisition is expected to further boost Sartorius market position in cell culture market during the forecast period.
Furthermore, frequent product launches by market players is expected to boost the global cell culture market growth over the forecast period. For instance, on October 2019, Thermo Fisher Scientific launched a new cell culture media, which is the first cell culture media that remain stable at room temperature.
Competitive Section
Key companies involved in the global cell culture market are Corning Incorporated, Merck KGaA, Sartorius AG, BioSpherix, Ltd., Cell Culture Company, LLC, Thermo Fisher Scientific Inc., VWR International LLC, and Lonza.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New Product Approvals/Launch
- PEST Analysis
- Market Dynamics
- Global Cell Culture Market, By Product Type, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Instruments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Culture Systems
- Bags
- Plates
- T-flasks
- Culture Dishes
- Roller Bottles
- Bioreactors
- Incubators
- Pipetting Instruments
- Roller Bottle Equipment
- Biosafety Cabinets
- Cryostorage Equipment
- Others
- Culture Systems
- Consumables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Media
- Chemically Defined
- Classical
- LB
- Protein-free
- Serum-free
- Specialty
- Sera
- Fetal Bovine
- Others
- Reagents
- Albumin
- Amino Acids
- Attachment Factors
- Growth Factors
- Protease Inhibitors
- Thrombin
- Others
- Media
- Introduction
- Global Cell Culture Market, By Application, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Vaccine Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Gene Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Cancer Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Tissue Culture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Drug Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Cell Culture Market, By End User, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Academic & Research Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Pharmaceutical and Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
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