Market Overview
Growing applications of cell culture in R&D is expected to propel the global cell culture monitoring biosensor market growth over the forecast period. Cell culture is widely used for product development in biotechnology, food & beverage, pharmaceutical, etc. Cell culture technique has enabled rapid manufacturing of biotechnology products and vaccines. Personalized medicines is the new trend in the market. Cell culture technique is used for identifying potential biomarkers and developing a targeted drug therapy requires accurate and continuous monitoring of critical cell culture parameters at regular time interval. All these factors are expected to fuel demand for cell culture monitoring biosensors during the forecast period.
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Global Cell Culture Monitoring Biosensor Market – Impact of Coronavirus (COVID-19) Pandemic
The spread of the novel coronavirus has hampered growth of the pharmaceutical industry. In December 2019, in China’s Wuhan City, a cluster of pneumonia cases were reported by Chinese health authorities. The pneumonia causative agent was identified as a novel coronavirus named COVID-19. This virus spread rapidly across the globe, thus causing a concerning number of fatalities. In March, 2020, the World Health Organization (WHO) declared the COVID-19 as a global pandemic and suggested implementation of strict measures to minimize the spread of this disease. The pandemic has slowed down growth of the healthcare sector and led to a disturbance in the supply chain.
Moreover, governments across various countries have implemented nationwide lockdowns to curb the spread of COVID-19. Similarly, in various countries across the world, healthcare companies are facing problems of continuing its supply chain operations. The slowdown of the healthcare companies’ supply chain has also impacted growth of the global cell culture monitoring biosensor market.
Statistics
The global cell culture monitoring biosensor market is estimated to be valued at US$ 332.0 million in 2020 and is expected to exhibit a CAGR of 9.6% during the forecast period (2020-2027).
Restraints
Advent of automated cell culture phasing into the market combined with challenges associate with security of data generated is expected to hinder the global cell culture monitoring biosensor market growth over the forecast period. Furthermore, lack of accuracy and sensitivity of biosensors cost being very high is expected to restrain growth of the market in the near future.
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Opportunities
3D cell culture has high potential in developing personalized treatment. This technique has supported researchers to use new cell culture technologies, in order to optimize their outcomes and enhance efficiency.
Regional Insights
Among regions, North America is expected to witness significant growth in the global cell culture monitoring biosensor market during the forecast period. This is owing to launch of new products in the market. For instance, in March 2019, Lonza launched Custom Cell Biology Services for pharmaceutical companies and contract manufacturing organizations. The services include cell-line expansion and banking, media production, cell isolation, cell characterization, transfection services, and 3-dimensional (3D) cell-culture services.
Asia Pacific is expected to witness lucrative growth over the forecast period, owing to key companies adopting various inorganic strategies such as partnerships and collaboration. For instance, in 2018, Ferring Pharmaceuticals and the Chinese Academy of Sciences (CAS) announced a long-term collaboration to advance basic and translational research in reproductive medicine through the development of novel product candidates and therapeutic strategies.
Furthermore, Europe is expected to register a robust growth rate, owing to rising product launches by key companies. For instance, in August 2018, C-CIT Sensors launched CITSens MeMo, an electrochemical, enzyme-based and single-use sensor, which helps in continuous online/real-time measurement of glucose and lactate in cell cultures.
Competitive Section
Key players operating in the global cell culture monitoring biosensor market include C-CIT Sensors AG, Sarissa Biomedical Ltd, Lonza, Lifeonics ltd., Nova Biomedical, Cardea, Conductive Technologies Inc., and Bruker Corporation.
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Cell Culture Monitoring Biosensors Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Cell Culture Monitoring Biosensors Industry Impact
Chapter 2 Global Cell Culture Monitoring Biosensors Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cell Culture Monitoring Biosensors (Volume and Value) by Type
2.3 Global Cell Culture Monitoring Biosensors (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cell Culture Monitoring Biosensors Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Cell Culture Monitoring Biosensors Market Analysis
Chapter 6 East Asia Cell Culture Monitoring Biosensors Market Analysis
Chapter 7 Europe Cell Culture Monitoring Biosensors Market Analysis
Chapter 8 South Asia Cell Culture Monitoring Biosensors Market Analysis
Chapter 9 Southeast Asia Cell Culture Monitoring Biosensors Market Analysis
Chapter 10 Middle East Cell Culture Monitoring Biosensors Market Analysis
Chapter 11 Africa Cell Culture Monitoring Biosensors Market Analysis
Chapter 12 Oceania Cell Culture Monitoring Biosensors Market Analysis
Chapter 13 South America Cell Culture Monitoring Biosensors Market Analysis
Chapter 14 Company Profiles and Key Figures in Cell Culture Monitoring Biosensors Business
Chapter 15 Global Cell Culture Monitoring Biosensors Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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