02-05-2019 06:19 AM CET - Health & Medicine

Petri Dish Market UpComing Developments With Major Key Players Aicor Medical, NEST Biotechnology, Thermo Fisher Scientific, Greiner Bio-One, Corning

Press release from: Coherent Market Insights
Petri Dish
Petri Dish
The global petri dish market size was valued at US$ 155.2 million in 2017, and is expected to witness a CAGR of 3.6% over the forecast period (2018 – 2026).

Petri dish market is driven by increased research and development efforts across world in science and medical field. Especially considering high prevalence of chronic disease and deaths, which is propelling demand for research and development for improving treatment and diagnosis of these disease. According to the National Cancer Institute, 2016, an estimated 16.8 million new cases of cancer were diagnosed in the U.S., with around 595,690 deaths from cancer disease. The number of people suffering from cancer is expected to rise to 19 million by 2024, which supports increasing demand for precision medicine. New precision/personalized medicine such as CAR-T cell therapies and monoclonal antibody based drugs can efficiently treat such disease, which is expected to fuel petri dish market growth.

This report provides in-depth analysis of petri dish market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global petri dish market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans.

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Petri dish also called as cell culture dishes is common glassware used in research and academic laboratories and hospital in order to hold, transfer, and incubate the sample substance under study. Glass petri dish has lid over it and it majorly used to hold the culture medium of Agar on which bacteria, fungus, and virus are grown, which can be studied for various purpose. Petri dish prevents culturing microorganisms while separating them from airborne contaminates.

Petri dish is significant Labware in almost all research efforts, in addition many infectious disease are diagnosed with culture medium method that utilizes petri dish. Majorly glass petri dish are used for various experimental activities. However, polystyrene plastic petri dish are also used according to sample need, as some samples are incompatible or react with glass material.

Well established healthcare infrastructure coupled with high adoption rate of new technology for the treatment of cancer in the developed region is expected to boost overall sales of petri dish in regions such as North America and Europe. There are over 200 companies engaged in development of personalized cell therapy products in the U.S. alone

In 2017, the FDA approved 2 CAR-T cell therapy for the treatment of patients up to 25 years of age with B-cell precursor acute lymphoblastic leukemia and adult patients with certain types of large B-cell lymphoma. Such advancement in cell-based therapy needs extensive utilization of petri dish, which is expected to fuel petri dish market growth.

Key players operating in the petri dish market include Aicor Medical, NEST Biotechnology, Thermo Fisher Scientific, Greiner Bio-One, Corning, Phoenix Biomedical, Millipore Sigma, Reinnervate, Narang Medical Limited, Biosigma S.r.l., Pall Corporation

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.
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