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Global Cell Culture Market Projected to Reach USD 4.2 Billion by 2026

06-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Cell Culture Market By Product (Consumables and Equipment), By Application (Biopharmaceutical Production, Stem Cell Technology, Diagnostics Drug Discovery & Development, Tissue Engineering & Regenerative Medicine, and Others), By End-User (Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research Institutes, and Cell Banks), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Cell Culture market in 2019 was approximately USD 15.9 Billion. The market is expected to grow at a CAGR of 13% and is anticipated to reach around USD 4.2 Billion by 2026.

Cell Culture is basically a process of developing cells under suitable conditions. The conditions vary as per the type of cell-cultured. Media is one of the important components other than the physiochemical environment for the cells to grow. The cell cultures help understand the interaction between cells and also amid cells and disease-causing agents such as bacteria, viruses, and others. Biotechnology has helped cell culture become an important part of the R&D activities for newer healthcare and biological research. The constant development of cell culture practices and applications is poised the global Cell Culture market to expect a steady and substantial growth during the forecast period.

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Browse the full “Cell Culture Market By Product (Consumables and Equipment), By Application (Biopharmaceutical Production, Stem Cell Technology, Diagnostics Drug Discovery & Development, Tissue Engineering & Regenerative Medicine, and Others), By End-User (Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research Institutes, and Cell Banks), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-cell-culture-market-by-product-consumables-and-668

Market Drivers:

The growing advancements taking place in the pharmaceutical and biotechnology research and technological innovations are the primary factors propelling the global Cell Culture market. In addition to this, the increasing incidences of diseases such as cancer and other infectious diseases are escalating the demand for cell culture for experimental purposes. The cell market is witnessing significant growth on account of the rising demand for monoclonal antibodies& vaccines and rising government funding for cell-based research. Furthermore, the inclination of consumers toward single-use technologies, growing awareness about the benefits of cell culture and aggregating focus on personalized medicine will further supplement the global Cell Culture market expansion.

Market Segment Dominance:

Theconsumablescategory is projected to lead the global Cell Culture market

The cell culture consumables are expected to hold the largest market share of the global Cell Culture market due to the increasing purchase of sera, media, and reagents for a number of applications such as toxicology, production of biopharmaceutical &vaccine, and drug discovery. Sera, media, and reagents are found to be a vital part of the cell culture experiments as it helps obtain better outcomes. Thus, these benefits of sera, media, and reagents help surge the demand for consumables, thereby boosting the global Cell Culture market growth.

Regional Dominance:

North America is expected to dominate the global Cell Culture market

The Cell Culture market is expected to hold the majority of the market share in the North American market as a result of the rising regulatory approvals for cell culture-based vaccines and large scale investments in cell-based research. Additionally, the growing developments taking place in the pharmaceutical and biotechnology industries and other technological innovations are likely to boost the growth of the global Cell Culture market. Apart from this, the rising prevalence of diseases including cancer, solid government support, and conducting various conferences and symposiums to create wakefulness on the newest trends in cell culture technology are some of the factors fuelling the North American Cell Culture market growth.

Market Players:

Some of the key players of the global Cell Culture market include Eppendorf AG, Thermo Fisher Scientific, Merck KGaA, HiMedia Laboratories, Lonza, Corning Incorporated, Sartorius AG, Becton, Dickinson and Company, PromoCell GmbH, Irvine Scientific, Danaher Corporation, InvivoGen, GE Healthcare, and CellGenix GmbH.

This report segments the global Cell Culture market as follows:

Global Cell Culture Market: Product Segmentation Analysis

  • Equipment
    • Bioreactors
    • Storage Equipment
    • Supporting Equipment
  • Consumables
    • Sera, Media, and Reagents

Global Cell Culture Market: Application Segmentation Analysis

  • Biopharmaceutical Production
    • Vaccine Production
    • Therapeutic Proteins
  • Stem Cell Technology
  • Diagnostics
  • Drug Discovery & Development
  • Tissue Engineering & Regenerative Medicine
  • Others

Cell Culture Market, by End-User

  • Pharmaceutical and Biotechnology Companies
  • Hospitals and Diagnostic Laboratories
  • Research Institutes
  • Cell Banks

Global Cell Culture Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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