Press release
Cell Culture Global Market Size, Share Report, Growth Prospects, Developments Plans, Future Insights and Trends Analysis Till 2033 | Eppendorf, GE Healthcare, Merck KGaA, Sartorius AG, Nunc Systems
Cell Culture Global Market
The Business Research Company offers in-depth market insights through Cell Culture Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The cell culture market size has grown rapidly in recent years. It will grow from $27.66 billion in 2023 to $30.67 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increasing demand for cell culture products, growing vaccine production, growing demand for 3d cell culture, demand for cell culture consumables.
The cell culture market size is expected to see rapidly grown in the next few years. It will grow to $48.33 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to expansion of cell therapy, precision medicine, globalization of research and production, cell-based assays. Major trends in the forecast period include advances in cell culture technology, bioprocessing technologies, advanced cell imaging, integration of automation, biomanufacturing data management.
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Market Segmentation:
The cell culture market covered in this report is segmented -
1) By Type: Primary Cell Culture, Secondary Cell Culture, Cell Line
2) By Media: Natural, Artificial
3) By Applications: Stem Cell Technologies, Cancer Research, Biopharmaceutical, Tissue Engineering & Regenerative Medicine, Other Applications
Major Driver - Rising Demand For Cell Therapy Drives Growth In The Cell Culture Market
The rise in demand for cell therapy is expected to drive the cell culture market growth. In cell therapy, viable cells are injected or implanted into a patient's body to cure a medicinal disease. Cell culture is a vital step in any cell-based therapy. For instance, in February 2023, according to reports published by Gilead Sciences Inc., a US-based pharmaceutics company, cell therapy product sales surged by 75%, reaching $419 million in the fourth quarter of 2022 compared to the corresponding period in 2021. Cell culture is used in the development, manufacture, and commercialization of cell therapies and holds the potential to revolutionise the healthcare industry for the treatment of various diseases. Hence, a surge in the demand for cell therapy aids in the growth of the cell culture market.
Competitive Landscape:
Major companies operating in the cell culture consumables and equipment market include Becton Dickinson, Corning Incorporation, Eppendorf, GE Healthcare, Merck KGaA, Thermo Fisher Scientific, Lonza Group, HiMedia Laboratories, Agilent Technologies Inc., PromoCell GmbH, CellGenix GmbH, InvivoGen, Greiner Bio-One, Irvine Scientific, Cell Culture Company (CCC) LLC, Sera Care Life Sciences Incorporation, American Type Culture Collection, Miltenyi Biotec, AITbiotech Pte Ltd., ESSEN, Sigma-Aldrich, Bel-Art, Sumitomo Bakelite, EMD Millipore, VWR International LLC, WHEATON IndustriesInc, Sartorius AG, Nunc Systems, Pall Corporation, PerkinElmer Genomics, Saint-Gobain
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Top Trend - Innovative Cqrex Portfolio Enhances Efficiency And Productivity In The Cell Culture Market
Major companies operating in the cell culture market are developing innovative cell culture solutions, such as the cQrex portfolio, to improve the efficiency and productivity of cell cultures and address the challenges of cell culture. cQrex portfolio of cell culture ingredients to increase efficiency and productivity. The cQrex portfolio of cell culture ingredients is a suite of peptides, which are designed to help manage the supply of critical nutrients by improving their stability or solubility in order to increase productivity. For instance, in June 2023, Evonik Industries AG, a Germany-based specialty chemicals company, launched the cQrex portfolio of cell culture ingredients to increase efficiency and productivity. It is a valuable tool for cell culture scientists who are looking to improve the efficiency and productivity of their cell cultures. It is particularly useful for cultures that are used to produce high-value products, such as monoclonal antibodies and vaccines. It is used for its high purity, wide range of applications, and easy of use. Moreover, these ingredients can help cell culture scientists improve the efficiency and productivity of their cell cultures.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cell Culture Market Characteristics
3. Cell Culture Market Trends And Strategies
4. Cell Culture Market - Macro Economic Scenario
5. Cell Culture Market Size And Growth
…..
27. Cell Culture Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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Top Key Players: -
Becton,
Dickinson and Company
Biospherix
EMD Millipore
Eppendorf AG
Merck KGaA
Sartorius AG
VWR International
Cell culture is a rapidly emerging…
