Cell Culture Market Report: Trends, Forecast and Competitive Analysis to 2030

Cell Culture Trends and Forecast

The future of the global cell culture market looks promising with opportunities in the pharmaceutical & biotechnology company, hospitals & diagnostic laboratory, and research & academic institute markets. The global cell culture market is expected to reach an estimated $62.2 billion by 2030 with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are favourable government support and funding for cell-based research and high demand of monoclonal antibodies.

A more than 150-page report is developed to help in your business decisions.

Cell Culture by Segment

The study includes a forecast for the global cell culture by vessel, product, equipment, end use, and region.

Cell Culture Market by Vessel [Shipment Analysis by Value from 2018 to 2030]:

• Roller Bottle
• Cell Factory

Cell Culture Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Consumables
• Vessel
• Equipment

Cell Culture Market by Equipment [Shipment Analysis by Value from 2018 to 2030]:

• Bioreactor
• Centrifuges
• Incubators

Cell Culture Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Pharmaceutical & Biotechnology Companies
• Hospitals & Diagnostic Laboratories
• Research & Academic Institutes
• Others

Cell Culture Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cell Culture Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cell culture companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cell culture companies profiled in this report include-

• Thermo Fisher Scientific
• Merck KGaA
• Danaher
• Sartorius
• Corning Incorporated

Cell Culture Market Insights

Lucintel forecasts that cell factory is expected to witness higher growth over the forecast period due toits increasing adoption in wide range of cell culture applications, from basic research to large-scale production of cells for therapeutic and diagnostic purposes.

Within this market, pharmaceutical and biotechnology will remain the largest segment due to growing focus to develop new drugs and therapies and on-going variety of research and development activities.

APAC is expected to witness highest growth over the forecast period due to favourable government initiatives for research on stem cell therapy and growing geriatric population in the region.

Features of the Global Cell Culture Market

Market Size Estimates: Cell culture market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cell culture market size by various segments, such as by vessel, product, equipment, end use, and region in terms of value ($B).

Regional Analysis: Cell culture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different vessels, products, equipments, end uses, and regions for the cell culture market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cell culture market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the cell culture market size?

Answer: The global cell culture market is expected to reach an estimated $62.2 billion by 2030.

Q2. What is the growth forecast for cell culture market?

Answer: The global cell culture market is expected to grow with a CAGR of 12.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cell culture market?

Answer: The major drivers for this market are favourable government support and funding for cell-based research and high demand of monoclonal antibodies.

Q4. What are the major segments for cell culture market?

Answer: The future of the global cell culture market looks promising with opportunities in the pharmaceutical & biotechnology company, hospitals & diagnostic laboratory, and research & academic institute markets.

Q5. Who are the key cell culture market companies?

Answer: Some of the key cell culture companies are as follows:

• Thermo Fisher Scientific
• Merck KGaA
• Danaher
• Sartorius
• Corning Incorporated

Q6. Which cell culture market segment will be the largest in future?

Answer: Lucintel forecasts that cell factory is expected to witness higher growth over the forecast period due toits increasing adoption in wide range of cell culture applications, from basic research to large-scale production of cells for therapeutic and diagnostic purposes.

Q7. In cell culture market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to favourable government initiatives for research on stem cell therapy and growing geriatric population in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cell culture market by vessel (roller bottle and cell factory), product (consumables, vessel, and equipment), equipment (bioreactor, centrifuges, and incubators), end use (pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, research & academic institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?