Selbyville, Delaware, Nov. 09, 2020 (GLOBE NEWSWIRE) -- As per reliable estimates, global cell culture market is anticipated to showcase a y-o-y growth rate of 11.8% during the forecast period, subsequently reaching a valuation of USD 42.9 billion by the year 2026. The growth can be attributed to the widespread adoption of cell culture for developing treatment options for cancer as well as Alzheimer’s diseases.
The research document also scrutinizes and offers valuable insights pertaining to various market segmentations and their respective contribution to the remuneration scale of this business sphere. A detailed survey of regional markets and competitive hierarchy is also conducted. Apart from this, the report provides crucial information concerning the impact of COVID-19 pandemic on the overall market outlook, further allowing for better decision making while investing in new projects.
Notably, cell culture techniques have become indispensable owing to the advent of genomic and proteomic profiling, recombinant DNA technology, and genetic engineering. In fact, such techniques are extensively used over conventional culture handling and development practices. Several leading companies are investing towards improving their production efficiency and expanding their respective cell reservoirs by hiring trained experts in order to gain a competitive edge in global cell culture market.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/2963756/
Besides, technological advancements have resulted in development of automated cell culture techniques which offer better output of high-quality cell societies. Furthermore, widespread adoption of cell culture for developing superior quality plant actives as well as in the food & beverage sector is augmenting the industry remuneration.
An outlook of consumables scope
Estimates cite that the media segment of cell culture industry is predicted to expand substantially during the forecast period. Although cell culture media is loosely priced, it has a higher consumption value as compared to its counterparts. Additionally, growing demand for culturing in cytological projects along with booming biopharmaceutical sector are fueling the segmental share.
A summary of the product spectrum
The product landscape of worldwide cell culture market consists of cryostorage equipment, incubators, culture systems, biosafety instruments, centrifuges, and pipetting instruments. According to industry analysts, the culture systems segment is expected to register considerable growth in the ensuing years.
It is to be noted that culture systems play an integral role in cell culture process. In this context, technological advancements have resulted in development of complex and spheroid bioreactors. Moreover, emergence of 3D cell culture technique is adding traction to the overall market share from culture systems segment.
An overview of the application terrain
Global cell culture market, in terms of application scope, is bifurcated into vaccine production, toxicity testing, biopharmaceuticals, gene therapy, tissue culture & engineering, and drug development. The biopharmaceuticals applications accounted for the highest market share and is estimated to generate substantial revenues in the forthcoming years.
Mass culture of mammalian cells plays a key role while producing biotechnological products, especially viral vaccines. Thus, rising adoption of protein-based biopharmaceuticals owing to advancements in genetic engineering coupled with growing demand for cell culture processes for producing biopharmaceutical products are favoring the overall market outlook.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
A gist of the geographical landscape
Estimates claim that North America accounted for the largest market share in 2019 and is anticipated to showcase similar growth patterns in the ensuing years. The advent and extensive use of automated cell culture process in life science laboratories across Canada and United States coupled with inclination towards adopting stem cell therapy are facilitating the business scenario in North America.
On the other hand, Asia-Pacific is expected to develop as a major revenue contributor for global cell culture industry during the study period. High demand for automated single cell examination as well as segregation systems, particularly in Japan, for research in stem cell therapies is positively impacting Asia-Pacific cell culture market trends.
Global Cell Culture Market by Consumables (Revenue, USD Billion, 2015-2026)
- Reagents
- Media
- Sera
Global Cell Culture Market by Product Type (Revenue, USD Billion, 2015-2026)
- Cryostorage Equipment
- Incubators
- Culture Systems
- Biosafety Instruments
- Centrifuges
- Pipetting Instruments
Global Cell Culture Market by Application Scope (Revenue, USD Billion, 2015-2026)
- Vaccine Production
- Toxicity Testing
- Biopharmaceuticals
- Gene Therapy
- Tissue Culture & Engineering
- Drug Development
Global Cell Culture Market Regional Analysis (Revenue, USD Billion, 2015-2026)
North America
- Canada
- United States
Europe
- France
- Germany
- Italy
- United Kingdom
Asia-Pacific
- Japan
- Australia
- China
- India
Latin America
- Mexico
- Brazil
Middle East & Africa
- Saudi Arabia
- UAE
Global Cell Culture Market Competitive Scenario (Revenue, USD Billion, 2015-2026)
- Lonza Group AG
- Promocell GmbH
- VWR International LLC
- Thermo Fisher Scientific Inc.
- MilliporeSigma (Sigma - Aldrich Corporation)
- Sartorius AG
- Merck Group
- Eppendorf AG
- BioSpherix Ltd.
- Becton, Dickinson and Company
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-aways
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Cell culture Market Insights
3.1. Cell culture - Industry snapshot
3.2. Cell culture - Ecosystem analysis
3.3. Cell culture market dynamics
3.3.1. Cell culture - Market Forces
3.3.1.1. Cell culture Market driver analysis
3.3.1.2. Cell culture Market restraint/challenges analysis
3.3.1.3. Cell culture Market opportunity analysis
3.4. Industry analysis - Porter's five force
3.5. Cell culture market PEST analysis
3.6. Cell culture Industry trends
3.7. Competitive Ranking Analysis
4. Cell culture Market Size and Forecast by Product Type, 2015-2026
4.1. Key findings
4.2. Pipetting instruments
4.3. Centrifuges
4.4. Biosafety instruments
4.5. Culture systems
4.6. Incubators
4.7. Cryostorage equipment
5. Cell culture Market Size and Forecast by Application Type, 2015-2026
5.1. Key findings
5.2. Drug development
5.3. Tissue culture & engineering
5.4. Gene therapy
5.5. Biopharmaceuticals
5.6. Toxicity testing
5.7. Vaccine production
6. Cell culture Market Size and Forecast by Consumables Type, 2015-2026
6.1. Key findings
6.2. Sera (Fetal bovine serum and others)
6.3. Media (Minimum essential, RPMI 1640, DMEM/F-12, F-10, Basel medium eagle, Insect and others)
6.4. Reagents (Culture albumin and others)
7. Cell culture Market Size and Forecast by Regions, 2015-2026
Related Report:
Stem Cell Therapy Market Size, Technology Potential, Competitive Market Share & Forecast, 2019 - 2025
Stem Cell Therapy Market will exceed USD 15 billion by 2025, as per a new research report. Increasing research on developing novel therapies and personalized medicines will foster stem cell therapy market growth. For instance, scientists are extensively researching on methods to regenerate healthy heart cells from placenta that can be used in patients after myocardial infarction. This discovery will help to cure patients suffering from cardiovascular diseases and reduce mortality rates. Researchers are further examining different aspects of stem cell therapy for its applications in neurological disorders. Thus, increasing R&D activities to promote developments in stem cell therapy will positively impact the industry growth.
About US:
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.