Cell Culture Market is projected to reach USD 30.31 billion by 2025, growing at a CAGR of 10.43%

Cell Culture is the process by which cells are grown under controlled conditions, generally outside their natural environment. With increasing advances in biotechnology and its implementation in biopharmaceutical sector, the market is expected to grow at a high CAGR.

The Global Cell Culture Market was valued at USD 12.41 billion in 2016 and is projected to reach USD 30.31 billionby 2025, growing at a CAGR of 10.43% from 2017 to 2025.

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Segmented Regions:
• North America (U.S., Canada, Mexico)
• Europe (Germany, UK, France, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa

The Major Players in the market are as follows: Thermo Fisher Scientific, Inc., Merck KGAA, GE Healthcare (A Subsidiary of General Electric Company), Lonza Group AG, Corning, Inc., Becton, Dickinson and Company, Eppendorf AG, Hi-Media Laboratories, Sartorius AG, Promocell GmbH.

Market Dynamics:

Market Drivers
- Growing Awareness on the Benefits Of, and Rising Regulatory Approvals For, Cell Culture-Based Vaccines
- Increase in Demand for Monoclonal Antibodies (MABS)
- Funding for Cell-Based Research
- Growing Preference for Single-Use Technologies
- Technological Advancements

Market Restraints
- High Cost of Cell Biology Research
- Lack of Infrastructure for Cell-Based Research in Emerging Economies.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market

Market Segmentation:

By End User:
Pharmaceutical and Biotechnology Companies
Research Institutes

By Product:
Equipment
Bioreactor
Cell culture vessels
Cell culture storage equipment
Cell culture supporting equipment
Consumables
Sera
Media
Reagents
Bioreactor Accessories

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Research Methodology:
Research study on the Global Cell Culture Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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