A cell culture plate is a laboratory consumable that is a low-flat-bottomed lidded container used to grow a layer of organisms such as bacteria, molds or cells. This cell culture plate provides a sterile, usually transparent, container that allows visual inspection of the contents and the free exchange of gasses, for the growth of cell cultures.
The cell culture plates market consists of sales of cell culture plates by entities (such as organizations, sole traders or partnerships) primarily engaged in their production for various applications within the life sciences and biotechnology sectors. Cell culture plates serve as essential tools for cultivating and studying cells in vitro, facilitating research, drug discovery and bioproduction processes.
The global cell culture plates market was valued at $1,681.88 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 5.0%.
Expansion Of The Biotechnology Industry
During the historic period, the expansion of the biotechnology industry drove the growth of the cell culture plate market. The biotechnology industry encompasses a wide range of companies and organizations that utilize biological systems, living organisms, or their derivatives to develop products and technologies for various applications. Cell culture plates are indispensable tools in the biotechnology industry, supporting a wide range of research and development activities across various disciplines, including drug discovery, biopharmaceutical production, stem cell research, disease modeling, personalized medicine and genomic/proteomic analysis. According to the European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association and advocacy group, European pharmaceutical production increased from €323,950 million ($356,857 million) in 2021 to €340,000 million ($374,537 million) in 2022. Therefore, the expansion of the biotechnology industry drove the growth of the cell culture plate market.
Introduction Of Automated Cell Culture Systems By Major Players
Companies operating in the cell culture plates market are focusing on innovative technology, such as an automated cell culture system, to enhance their status in the marketplace. An automated cell culture system is a sophisticated piece of laboratory equipment designed to automate various aspects of cell culture processes, including seeding, feeding, monitoring and harvesting cells. For instance, in October 2023, Molecular Devices LLC, a US-based provider of drug discovery bioanalytical measuring systems, launched the CellXpress.ai Automated Cell Culture System. This system offers integrated AI-powered software that manages the entire cell journey, facilitating complex cell culture workflows with automated feeding, passaging and imaging. It enables efficient protocol development through flexible decision-making, whether initiated by the operator or machine learning algorithms, enhancing collaboration within research teams. The system ensures reproducible results across multiple sites, instilling confidence in experimental outcomes and accelerating decision-making processes.
The global cell culture plates market is highly concentrated, with large players operating in the market. The top ten competitors in the market made up to 62.33% of the total market in 2022
Cell Culture Plates Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global cell culture plates market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for cell culture plates? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The cell culture plates market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider cell culture plates market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by material, by surface, by application and by end user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the cell culture plates market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by material, by surface, by application and by end user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for cell culture plates providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Standard Cell Culture Plates; Coated Cell Culture Plates; Specialty Cell Culture Plates
- 2) By Material: Polystyrene; Glass; Other Materials
- 3) By Surface: Treated; Untreated
- 4) By Application: Drug Discovery; Development; Biopharmaceutical Production; Tissue Engineering; Regenerative Medicine; Other Applications
- 5) By End-User: Research Institutes; Pharmaceutical; Biotechnology; Diagnostic Laboratories
- Companies Mentioned: Thermo Fisher Scientific Inc.; Merck Co. & KGaA; Corning Inc.; Wuxi NEST Biotechnology Co. Ltd.;Lonza Inc.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; cell culture plates indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.