PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150057
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150057
The global cell culture market size is expected to reach 63.17 billion by 2030, according to a new study by Polaris Market Research. The report "Cell Culture Market Share, Size, Trends, Industry Analysis Report, By Product; By Application; By End-Use; By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for cell culture is due to the rising prevalence of infectious diseases, and increasing biopharmaceutical production. Furthermore, tremendous advancements in oncology, biopharmaceuticals, and stem cell research are some of the factors accelerating the market growth.
In addition, the growing awareness of gene therapy and its effectiveness in treating cancer and various chronic diseases has resulted in the adoption of innovative techniques in many biopharmaceutical companies. In addition, favorable government support emphasizing genetic technology is expected to drive market growth.
Moreover, increasing adoption of consumables and single-use processing methods by small-scale biopharmaceutical companies due to low capital investment, affordability, and faster production time is also expected to fuel the market growth over the forecast period.
The COVID-19 pandemic has positively impacted the demand for cell culture as it was useful in the process of drug screening in various laboratories and pharmaceutical companies. In addition, cell culture provides tools for the production of virus-like particles for vaccine and drug development.
Cell Culture Market Report Highlights
The growing demand for the consumables segment is due to wide applications in training, pharmaceutical, and research laboratories and is expected to drive product demand.
The biopharmaceutical production segment accounted for the highest revenue share and is expected to continue its dominance owing to a rise in demand for monoclonal antibodies and consumer shift towards non-conventional drugs.
Pharmaceutical and biotechnological companies are expected to witness faster growth owing to rising government support for the development of cell-based medicines and vaccines for incurable diseases.
The Asia Pacific is expected to witness fastest growth over the forecast period due to rising healthcare and R&D expenditures and the low cost associated with stem cell transplantation across developing nations in the region, such as India and China.
Major players operating in the market include Angus Chemical company, Adolf Kuhner, Biospherix, Caisson Laboratories Inc., Corning Incorporated, Dickinson and company, Danaher Corporation, Eppendorf AG, Fujifilm Irvine Scientific, Inc., Getinge AB, Meissner Filtration Products inc., Miltenyi Biotec, Himedia laboratories,
Polaris Market Research has segmented the cell culture market report based on Product, Application, end-use, and region:
Cell Culture, product Outlook (Revenue - USD Billion, 2018 - 2030)
By Consumable
Sera
Media
Reagents
Vessels
Roller/Roux Bottles
Cell Factory Systems/Cell Stacks
Multiwell Plates
Flasks
Petri Dishes
Accessories
By Equipment
Supporting Equipment
Bioreactors
Storage Equipment
Cell Culture, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Drug Discovery & Development
Tissue Culture & Engineering
Cell And Gene Therapy
Others
Biopharmaceutical production
Monoclonal Antibodies
Vaccines Production
Other Therapeutic Proteins
Diagnostics
Cell Culture, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Pharmaceutical & Biotechnology Companies
Hospitals & Diagnostic Laboratories
Research & Academic Institutes
Cell Culture, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Cell Culture Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Application
Figure 7. Global Cell Culture Market, by Application, 2021 & 2030 (USD Billion)
Figure 8. Market by Product
Figure 9. Global Cell Culture Market, by Product, 2021 & 2030 (USD Billion)
Figure 10. Market by End-Use
Figure 11. Global Cell Culture Market, by End-Use, 2021 & 2030 (USD Billion)
Figure 12. Cell Culture Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 13. Strategic Analysis - Cell Culture Market