Cell Culture Market Overview: 2023-28
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-28
TheCell Culture Market is projected to grow at around 11.4% CAGR during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the accelerating demand for biopharmaceuticals to cater to the rising incidence of chronic disorders worldwide, advancements in cell culture technologies, and the mounting focus on regenerative medicine & stem cell research. Besides, massive investments in academics & research, the growing application of cell culture products in toxicology testing & drug development, and the emergence of personalized medicine & cell-based therapies are other prominent aspects expected to drive the market.
Markntel Advisor’s Cell Culture Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Cell Culture Market drivers, barriers, Cell Culture Market Trends, and Key Players in Cell Culture Market.
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Cell Culture Market Dynamics: 2023-28
Ever-Increasing Demand for Biopharmaceuticals – In recent years, biopharmaceuticals, including recombinant proteins, monoclonal antibodies, vaccines, and cell-based therapies, have gained significant importance in modern healthcare. It owes mainly to the rising prevalence of chronic diseases worldwide, which include cancer, autoimmune disorders, and metabolic disorders, to which biopharmaceuticals offer targeted & effective treatment options. Since the production of these complex biotherapeutics requires cell culture techniques, their mounting demand worldwide to treat chronic diseases is projected to drive the Global Cell Culture Market during 2023-28.
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Cell Culture Market (2023-28): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Product
- Instrument – Market Size & Forecast 2018-2028, (USD Million)
- Bioreactors- Market Size & Forecast 2018-2028, (USD Million)
- Cell Culture Vessels- Market Size & Forecast 2018-2028, (USD Million)
- Cell Culture Storage Vessels- Market Size & Forecast 2018-2028, (USD Million)
- Cell Culture Supporting Equipment- Market Size & Forecast 2018-2028, (USD Million)
- Consumables – Market Size & Forecast 2018-2028, (USD Million)
- Sera- Market Size & Forecast 2018-2028, (USD Million)
- Media- Market Size & Forecast 2018-2028, (USD Million)
- Reagents- Market Size & Forecast 2018-2028, (USD Million)
- Bioreactor Accessories- Market Size & Forecast 2018-2028, (USD Million)
- Instrument – Market Size & Forecast 2018-2028, (USD Million)
According to report, Of them all, consumables, particularly media, dominate the Global Cell Culture Market.
- By Application
- Biopharmaceuticals- Market Size & Forecast 2018-2028, (USD Million)
- Tissue culture &engineering- Market Size & Forecast 2018-2028, (USD Million)
- Vaccine Production- Market Size & Forecast 2018-2028, (USD Million)
- Drug Development- Market Size & Forecast 2018-2028, (USD Million)
- Gene Therapy- Market Size & Forecast 2018-2028, (USD Million)
- Toxicity Testing- Market Size & Forecast 2018-2028, (USD Million)
- Cancer Research- Market Size & Forecast 2018-2028, (USD Million)
- Others– Market Size & Forecast 2018-2028, (USD Million)
According to report, Here, biopharmaceuticals held the largest market share in the previous few years.
- By End-User
- Residential – Market Size & Forecast 2018-2028, (USD Million)
- Commercial – Market Size & Forecast 2018-2028, (USD Million)
- Others- Market Size & Forecast 2018-2028, (USD Million)
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East and Africa
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Top Companies Operating in the Cell Culture Market:
- BIOSPHERIX, LTD.
- BIO-TECHNE CORPORATION
- PROMOCELL GMBH
- EPPENDORF SE
- VWR INTERNATIONAL, LLC
- MERCK KGAA
- BECTON, DICKINSON & COMPANY
- THERMO FISHER SCIENTIFIC, INC.
- SARTORIUS AG
- BIO-RAD LABORATORIES, INC.
- DANHER CORPORATION
- HIMEDIA LABORATORIES
- LONZA GROUP LTD
- Cell Culture Company LLC
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