0
2020
Cell Culture Market

Cell Culture Market

by Product (Instrument and Consumables), Application (Stem Cell Technology, Cancer Research, Drug Screening & Development, Tissue Engineering & Regenerative Medicine and Others), End User (Research Institutes, Pharmaceutical &x Biotechnology Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A03229
Pages: 229
Dec 2020 | 12505 Views
Author(s) : Vishal B , Onkar S
Tables: 120
Charts: 53
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Cell Culture Market Overview:

The global cell culture market size accounted for $16,107.7 million in 2019, and is expected to reach $36,926.8 million by 2027, registering a CAGR of 10.9% from 2020 to 2027. Increased awareness of the use of cell culture and research and financial growth related to research and growth in cancer-related research are major global cell culture market trends. In addition, the expected increase in advanced cell culture technology contributes to market growth.

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.

Cell-Culture-Market-2021-2027

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.

The World Health Organization (WHO) on January 30, 2020, declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. There is rise in demand for cell culture products due to COVID-19 pandemic,. In addition, increase in the cases of COVID-19 has raised the need of vaccines, which resulted in R&D, leading to vaccines, which are in clinical trial. 

Therefore, there is a requirement of cell line and different cell culture techniques used in COVID-19. Further, Researchers are trying to understand the disease at a molecular level to develop therapeutic interventions. However, Primary cells are excellent models for studying respiratory diseases. Primary Cell culture offers the opportunity to understand lung disease mechanisms at a cellular level and to specifically target pathogenic processes using therapeutic compounds during COVID-19 pandemic. Therefore, COVID-19 is anticipated to boost the growth of the cell culture market in near future.

Cell Culture Market
By Product

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Consumables segment holds a dominant position in 2019

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Cell Culture Market Segmentation  

The global cell culture market is segmented on the basis of product, application, end user, and region. By product, the market is divided into instruments and consumables. The consumables segment is divided into sera, media, reagents, and bioreactor accessories.

In addition, the instruments segment is further divided into bioreactors, cell culture vessels, cell culture storage equipment, and cell culture supporting instruments.

On the basis of application, the market is classified into stem cell technology, cancer research, drug screening & development, tissue engineering & regenerative medicine, and others. By end user, it is divided into research institutes, pharmaceutical & biotechnology companies and others.

Cell Culture Market
By Application

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Tissue Engineering & Regenerative Medicine segment holds a dominant position in 2019

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Region wise, it is analyzed across North America Europe, Asia-Pacific, and LAMEA.

Segment review 

Presently, on the basis of product, the consumables segment is the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to the repeated purchase of consumables and increased funding for cell-based research.

Depending on end user, the Pharmaceutical & Biotechnology Companies segment is the major shareholder in the cell culture market, owing to expansion of major pharmaceutical companies, growing regulatory approvals for the production of cell culture-based vaccines

Cell Culture Market
By End User

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Pharmaceutical & Biotechnology Companies segment holds a dominant position in 2019

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Snapshot of the Asia-Pacific cell culture market  

Asia-Pacific presents lucrative opportunities for the key players operating in the cell culture market, owing to surge in awareness related to use of cell culture technique. The other factor that boosts the growth of the market include surge in research funding in the region  Furthermore, focus of leading manufacturers on expanding their geographical presence in the emerging Asia-Pacific countries to capture high market share is expected to drive the growth of the cell culture market 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.

Cell Culture Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 12.8% during 2020-2027.

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the cell culture market size along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It offers cell culture market analysis from 2019 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis of major regions is provided to determine the prevailing opportunities.
  • The profiles and growth strategies of the players are thoroughly analyzed to understand the competitive outlook and global cell culture market growth.

Cell Culture Market Report Highlights

Aspects Details
By Product
  • Consumables
  • Sera
  • Media
  • Reagents
  • Bioreactor Accessories
  • Instruments
  • Bioreactors
  • Cell Culture Vessels
  • Cell Culture Storage Equipment
  • Cell Culture Supporting Instruments
By Application
  • Stem Cell Technology
  • Cancer Research
  • Drug Screening and Development
  • Tissue Engineering & Regenerative Medicine
  • Others
By End User
  • Research Institutes
  • Pharmaceutical and Biotechnology Companies
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, Australia, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players BECTON, DICKINSON AND COMPANY, CORNING INCORPORATED, DANHER CORPORATION, EPPENDORF AG, HIMEDIA LABORATORIES, LONZA GROUP LTD, MERCK KGAA, PROMOCELL GmbH, SARTORIUS AG, THERMO FISHER SCIENTIFIC, INC
 

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According to analyst perspective, the factors which fuel the growth of the global cell culture market include surge in prevalence of cancer and rise in research related to cancer, which involves the use of cell culture technique. Furthermore, experts of key companies believe that factors such as surge in drug discovery across the globe, rise in adoption of cell culture technique, and increase in healthcare expenditure fuel the growth of the cell culture market.

The other major factors that contribute toward the growth of the market include launch of novel and advanced instruments and consumables in the market. Moreover, on the basis of region, the North America cell culture market acquired the majority of share owing to rise in healthcare expenditure and easy availability of cell cultures instruments and consumables. Similarly, Asia-Pacific is expected to exhibit fastest growth rate during the forecast period owing to factors such as surge in adoption of cell culture technique. 

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of cell culture market is $16,107.7 million in 2019.

A. The forcast period for syringes market is 2020 to 2027

A. The market value of cell culture market in 2027 is $36,926.8 million

A. The base year is 2019 in cell culture market.

A. Thermo Fisher Scientific, Merck KGaA, Danaher Corporation, Agilent Technologies, Inc. held a high market postion owing to the strong geographical foothold in different regions.

A. Consumables segment dominates the global market, and is anticipated to continue this trend during the forecast period. the growth of this segment is attributed to the repeated purchase of consumables and increased funding for cell-based research

A. The major factor for the growth of cell culture market are 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 surge in awareness related to use of cell culture technique in research and increase in research related funding

A. owing to surge in awareness related to use of cell culture technique, development of the R&D sector and surge in research funding

A. A cell culture is defined as the distribution of cells in an artificial environment (in vitro). Furthermore, this artificial environment is composed of all the necessary nutrients such as ideal temperature, gases, pH, and humidity, which are essential for the growth and proliferation of the cells.

A. Cell cultures are used for in vitro assays or to produce biological compounds such as recombinant proteins or antibodies it is also used to develop vaccines and helps in the study of cancer

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