Press release
The Cell Tissue Culture Supplies Market to grow on the back of on-demand healthcare, witnessing a CAGR of 11.2%
NEW YORK : The Global revenue from the Cell Tissue Culture Supplies Market was approximately US$ 13.0 Billion in 2022, with the global market expected to grow at a CAGR of 11.2% to reach a valuation of approximately US$ 41.3 Billion by the end of 2033.Cell tissue culture is a process of growing and maintaining cells or tissues in a controlled environment outside their natural habitat. This technology has revolutionized the field of biomedical research, drug discovery, and regenerative medicine. The cell tissue culture requires several supplies, such as media, sera, reagents, and consumables. The global cell tissue culture supplies market is expected to grow at a significant rate due to the increasing demand for cell-based therapies, the rising prevalence of chronic diseases, and the growing investments in life science research.
Market Size and Growth:
As assessed by Persistence Market Research, the product segment media held a market share of around 33.54% in the global market, in 2022. Overall, cell tissue culture supplies market sales account for approximately 51.1% of revenue share in the global cell culture media market, which was valued at around US$ 25.4 Billion in 2022.
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Drivers and Restraints
Drivers for the cell tissue culture supplies market include the increasing demand for cell-based therapies, the rising prevalence of chronic diseases, and growing investments in life science research. However, the high cost of cell tissue culture supplies and the lack of skilled professionals are significant restraints for the market. The cost of cell tissue culture supplies is a significant barrier for small research labs and academic institutions, while the shortage of skilled professionals is hindering the growth of the market.
Key Players in the Market
Thermo Fisher Scientific, Inc.
BD Diagnostics.
EMD Millipore.
Corning, Inc.
Lonza Group.
Others.
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Market Segmentation:
Product:
Media
Serum Containing Media
Serum- Free Media
Protein Expression Media
Stem Cell Media
Hybridoma Media
Primary Cell Media
Insect Cell Media
Immunology Media
CHO Cell Culture Media
Protein-Free Media
Chemically Defined Media
Sera
Fetal Bovine Sera (FBS)
Adult Bovine Sera (ABS)
Other Animal Sera
Reagents
Growth Factors
Supplements
Buffers & Chemicals
Cell Dissociation Reagents
Cryoprotective Agents
Others
Vessels
Roller/Roux Bottles
Cell Stacks
Multiwell Plates
Flasks
Petri Dishes
Accessories
Application:
Biopharmaceutical Production
Diagnostics
Drug Screening & Development
Tissue Engineering & Regenerative Medicine
Stem Cell Technologies
Cancer Research
End User:
Pharma and Biopharmaceutical Companies
Hospitals & Diagnostic Laboratories
Research & Academic Institutes
Others
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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