Cell Tissue Culture Supplies Market to reach an estimated value of USD 28,108.3 million in 2027

Cell Tissue Culture Supplies Market 2022-2027

The Cell Tissue Culture Supplies Market is slated to grow unstoppably in the years to come. The healthcare providers are, of late, making way for more specialized and timely treatment through same-day surgeries, outpatient surgeries, and likewise. ASCs (Ambulatory Surgical Centers) are preferred over conventional hospital settings. As such, cost-effective medical services could be provided. This type of customization is expected to take the healthcare vertical by storm in the future.

According to a new market report published by Persistence Market Research "Global Market Study on Cell and Tissue Culture Supplies: Asia to Witness Highest Growth by 2027" the global cell and tissue culture supplies market was valued at USD 16,322.7 million in 2022 and is expected to grow at a CAGR of 9.5% from 2022 to 2027, to reach an estimated value of USD 28,108.3 million in 2027.

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Cell culture is the process by which cells are grown under appropriate conditions. The cells to be cultivated are removed from the tissue and disintegrated by means of enzymatic activity or mechanical process under sterile conditions. After disintegration, cells are subcultured and transferred into a fresh medium for growth.

Some of the major companies dealing in the global market for cell and tissue culture supplies market:

Thermo Fisher Scientific, Inc.
BD Diagnostics.
EMD Millipore.
Corning, Inc.
Lonza Group.
Others.

Cell and tissue culture has its applications in various fields such as treatment of diseases, production of vaccines and antibodies, drug discovery, and others. Globally, the cell and tissue culture supplies market is witnessing significant growth due to increasing demand for biopharmaceuticals and artificial organs, increasing R&D in the field of cell and tissue engineering and rising applications of cell and tissue cultures.

In addition, and rising awareness about cell and tissue culture techniques and increasing prevalence of chronic diseases are driving the cell and tissue culture supplies market. However, factors such as strict license and accreditation procedures and complexity in cell culture techniques restrain the global market for cell and tissue culture supplies market.

In addition, factors such as high cost followed with affordability issues and ethical concerns negatively impact the growth of the cell and tissue culture supplies market.

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North America has the largest market for the global cell and tissue culture supplies market. This is due to technological advancement and increased acceptance of artificial organs in the region. North American market for cell and tissue culture supplies is estimated at USD 8,079.0 million in 2022 and is expected to reach USD 14,079.0 million in 2027, growing at a CAGR of 9.7%.In terms of growth, Asia is the fastest growing region; this is due to increasing R&D in the field of cell and tissue culture in the region. In terms of type of media, serum-free media is the fastest segment. In terms of reagents, growth factors and cytokines are the fastest growing segment.

Some of the latest trends that have been observed in the global cell and tissue culture supplies market include increasing number of contract research and growing popularity of serum-free, specialty, and customized media solutions.

The cell and tissue culture supplies market is segmented as follows:

Cell and Tissue Culture Supplies Market, By Segments 
Instruments
Consumables

Cell and Tissue Culture Supplies Market, By Consumable Products
Media
Classical media
Lysogeny broth
Chemically defined media
Specialty media
Serum-free media
Protein-free media
Reagents
Growth factors and cytokines
Albumin
Amino acids
Thrombin
Protease inhibitors
Will be
Fetal bovine serum
Contamination detection kits
Cryoprotective agents

Cell and Tissue Culture Supplies Market, By Instruments

Culture Systems
Tissue culture flasks
Multiple well plates
Roller bottles
Bioreactors
Culture bags
Culture dishes
Biosafety cabinets
Incubators
Cryostorage equipment
Roller Bottle equipment

Cell and Tissue Culture Supplies Market, By Applications

Biopharmaceutical production
Vaccine production
Drug screening and development
Gene therapy
Toxicity testing
Cancer research

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Major Highlights of Cell Tissue Culture Supplies Market Report:

Cell Tissue Culture Supplies Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.

The report dives deeper into the market and explains the dynamic factors bolstering market growth.

The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.

The report analyzes Cell Tissue Culture Supplies Market presence across major regions of the world.

It determines the production & consumption capacities and demand & supply dynamics of each regional market.

The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.

It provides company overview and SWOT analysis of each of the market players.

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This release was published on openPR.