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Cell Culture Market Potential Revenue Opportunities With Corning Incorporated, Merck KGaA, Sartorius AG

08-05-2021 09:41 AM CET | Health & Medicine

Press release from: Coherent Market Insights (CMI)

The technique of growing cells outside the human body itself is a significant advancement in scientific research. Cell culture technique is adopted since mid-20th century and the field is continuously expanding into various areas of pharmaceutical research and development such as cancer and immunotherapy. Rising effort to improve the drug bioavailability and therapeutic efficacy has led to better research outcomes in cancer and health screening techniques.

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The ability to develop continuous cell lines has enabled mass production of desired organ cells for research and treatment benefits. Cell culture offers an excellent model system for studying normal physiology and biochemistry, drug effects, and drug screening. Being an exploratory research field, use of reagents, instruments and other consumables is very critical to support its advancements.

Increasing product launches by major manufacturers operating in the cell culture market to boost their market position is expected to drive growth of the market over the forecast period. For instance, in October 2019, Thermo Fisher Scientific Inc. launched Cytomat 2 C-LiN Series Automated Incubator. The new incubator system is designed to provide cell growth and environmental control across a range of micro plate applications comprising of cell-based screening, immuno-capture assays, microbiology, and enzyme testing.

Furthermore, increasing incidence of breast cancer is expected to drive growth of the market during the forecast period, owing to robust pipeline of cell culture products. For instance, according to the WHO report published in 2018, breast cancer is the most frequent cancer among women, impacting 2.1 million women each year across the globe.

Major Market Competitors: Corning Incorporated, Merck KGaA, Sartorius AG, BioSpherix, Ltd., Cell Culture Company, LLC, Thermo Fisher Scientific Inc., VWR International LLC, and Lonza.

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