As per the report published by Allied Market Research, the global cell culture market is estimated to reach $36.92 billion by 2027, growing at a CAGR of 10.9% from 2020 to 2027. The report highlights the market potential, market characteristics, competitive landscape, and growth by segmentation.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.alliedmarketresearch.com/request-sample/3569
Key Findings of the Study –
- By product, the consumables segment occupied 68.5% share of the global cell culture market in 2019
- By application, the cancer research segment is anticipated to grow with the highest CAGR throughout the forecast period.
- By end user, the pharmaceutical & biotechnology companies segment accounted for 61.8% share of the market in 2019.
The global cell culture market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The North American market is expected to take the lion’s share by 2027. However, the Asia-Pacific market is expected to show the highest CAGR of 12.8% from 2020 to 2027.
Based on these applications, the tissue engineering and regenerative medicine sector is expected to hold the lion’s share by 2027. However, the cancer research segment is expected to register the highest CAGR of 13.2% during the forecast period.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
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North America accounted for the largest share of the cell culture market and is expected to continue this trend due to the increase in cancer incidence and the increase in cancer-related research. Also, easy access to cell culture equipment and materials due to the presence of many key players is driving the market growth in the region. Additionally, other factors such as rising healthcare expenditure are also driving the growth of the cell culture market in North America.
Key Market Players –
Major key players that operate in the industry are Becton, Dickinson and Company, Corning Incorporated, Eppendorf, Sartorius AG, Merck KGaA, Lonza Group AG, PromoCell GmbH, Danaher Corporation, Thermo Fisher Scientific, and HiMedia Laboratories.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
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Frequently Asked Questions?
Q1. What is the total market value of global cell culture market?
Q2. Which market holds the maximum market share of the global cell culture market?
Q3. What will be global cell culture market growth in 2030?
Q4. What are the key trends in the global cell culture market?
Q5. What are the key growth strategies of global cell culture market players?
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About Us –
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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