In the ever-advancing landscape of biotechnology and medical research, the Cell Culture Market stands as a vibrant nucleus of innovation. This market fuels the growth of cells outside their natural environment, nurturing them in carefully controlled conditions. Scientists and researchers rely on cell cultures to develop vaccines, study diseases, and create breakthrough therapies. With the relentless pursuit of knowledge in fields like regenerative medicine and drug discovery, the Cell Culture Market continues to expand, offering a fertile ground for transformative discoveries that hold the promise of healthier futures. The global cell culture market size accounted for $16,107.7 million in 2019, and is expected to reach $36,926.8 million by 2027, registering a CAGR of 10.9% from 2020 to 2027.
♦ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 –
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:
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:
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? Q6. How the company profile has been selected?
✅ 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐈𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 –
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