Automated Cell Culture Market Foresees Skyrocketing Growth in the Coming Years

The Global Automated Cell Culture Market is expected to grow at an estimated CAGR of 8.5% during the forecast period.

Market Players:

Some of the key players profiled in the report are

BD,
Tecan Trading AG,
Sartorius,
TAP Biosystems,
Cell Culture Company LLC,
Eppendorf AG.,
Merck KGaA,
Hamilton Company,
Thermo Fisher Scientific Inc.,
OCTANE BIOTECH INC.

Market Overview:

Automated cell cultures grows and maintain cell lines by mechanically controlled procedures. Regular cell culturing involves various procedures such as inoculation- excessive care is required since the procedure is more susceptible to the contamination during the inoculation as well as growth of the cell. Whereas, automated cell culturing minimizes such manual operations during the cellular growth, which reduces the error and time.

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In the recent years, rising use of regenerative medicine and increasing R&D in biotechnology on various diseases such as cancer have boosted the demand for the automated cell cultures. As per WHO (2017), cancer caused over 8.8 million deaths across the globe in 2015, which has increased investments in R&D by biotechnology based pharmaceutical companies. This has boosted the market growth.

Increasing R&D in the life-sciences, and rising use of cell based assays in the drug development will boost the market growth over the corresponding period. However, lack of awareness about the advanced techniques and skilled workforce, followed by high cost of the technology will restrain the market growth during the assessment period.

Regional Analysis:

The Americas dominate the global market on account of high per capita healthcare expenditures, presence of leading players and prevailing developed technologies within the region.

Europe holds the second largest market share due to high acceptance of new technologies and high demand for biotechnology. Moreover, rising investments in healthcare services will boost the market growth.

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Asia Pacific is expected to show the fastest growth owing to the presence of growing economies within the region including India and China, which have developing biotech and medical services sector. Moreover, increasing investments and initiatives taken by the governments along with the rising acceptance of biotech products within the region will boost the market.

Brief TOC

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

2.5 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics

…TOC Continued

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This release was published on openPR.