PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339160
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339160
The asia pacific cell culture market size is expected to reach USD 14,603.90 million by 2030, according to a new study by Polaris Market Research. The report "Asia Pacific Cell Culture Market Share, Size, Trends, Industry Analysis Report, By Product; By Consumables (Plates, Flasks, Dishes, Vials, Tubes, Bottles, and Others); By Application; By Country; Segment Forecast, 2023 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The region has witnessed significant growth in the market due to increasing investments in life sciences research, the rising demand for biopharmaceuticals, and advancements in healthcare infrastructure. The focus on research and development activities, collaborations, and advanced research facilities equipped with cell culture technologies have driven market growth. The region's increasing prevalence of chronic diseases, aging population, and need for advanced therapeutics have fueled the demand for cell culture products and techniques, particularly in producing biopharmaceuticals like monoclonal antibodies and vaccines.
Improvements in healthcare infrastructure, especially in countries such as China, India, and Japan, have further supported the adoption of cell culture techniques. Investments in healthcare facilities and the expansion of pharmaceutical manufacturing capabilities have created a favorable environment for the growth of the cell culture market. Pharmaceutical companies in the region increasingly rely on cell culture for drug discovery, development, and production.
The COVID-19 pandemic had a moderate impact on the cell culture market in the Asia Pacific region. Disruptions caused by lockdowns, travel restrictions, and supply chain challenges affected research activities and biopharmaceutical production. However, there was an increased demand for cell culture-based testing, vaccine development, and antibody production in response to the pandemic. Overall, the market experienced temporary setbacks and opportunities arising from the need for pandemic-related solutions.
Culture Systems emerged as the market leader in 2022, offering high-quality and innovative cell culture products backed by strong distribution and customer support, driving its success in Asia.
Plates dominated the market in 2022 with its high-quality, specialized products, meeting the demands of researchers and biotech companies and leveraging a strong distribution network.
China dominated the market by leveraging its growing biopharmaceutical industry, investments in research and development, and expanding the healthcare sector, establishing itself as a key player.
The key market players include Thermo Fisher Scientific, GE Healthcare, Eppendorf AG, Sartorius AG, Lonza AG, Becton, Dickinson and Company, Corning, Promocell GmbH, Hi-Media Laboratories.
Polaris Market Research has segmented the Asia Pacific cell culture market report based on product, consumables, application, and country: