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Cell Culture Media Storage Containers Market Report, 2032
Cell Culture Media Storage Containers Market Report
As per the report, the cell culture media storage containers market size has grown rapidly in recent years. It will grow from $2.18 billion in 2023 to $2.51 billion in 2024 at a compound annual growth rate (CAGR) of 15.1%. The cell culture media storage containers market size is expected to see rapid growth in the next few years. It will grow to $4.44 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%.
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Personalized Medicine Drives Growth in Cell Culture Media Storage Containers Market
The rising focus on personalized medicine is expected to propel the cell culture media storage containers market going forward. Personalized medicine, also known as precision medicine, is a medical approach that tailors treatment and healthcare practices to the individual characteristics of each patient. The rising focus on personalized medicine is due to the need for more targeted and effective treatments and advancements in genomics and precision healthcare technologies. Cell culture media storage containers are utilized in personalized medicine formation to maintain and preserve cell cultures, enabling the production of patient-specific therapies and personalized treatments. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based organization promoting the adoption of personalized medicine, the U.S. Food and Drug Administration approved 16 new personalized treatments for rare disease patients, up from 6 in 2022. Therefore, the rising focus on personalized medicine drives the growth of the cell culture media storage containers market.
Innovations Reshapes Cell Culture Storage Containers Industry
Major companies operating in the cell culture media storage containers market are developing innovative products, such as single-use bioprocess containers, to provide reliable solutions for biopharmaceutical fluid management and gain a competitive edge in the market. Single-use bioprocess containers are specialized containers designed for use in the biopharmaceutical industry to store, handle, and transport biological materials, such as cell culture media, cell suspensions, and drug substances, during various stages of bioprocessing. For instance, in October 2022, Single Use Support GmbH, an Austria-based fluid and cold chain management solutions company, launched the IRIS single-use bioprocess containers, an innovative bag line for storing and handling biopharmaceutical substances. These IRIS bags are designed to offer robust storage and shipping solutions for drug substances, with customization options available based on customer needs.
The cell culture media storage containers market covered in this report is segmented -
1) By Product: Storage Bag, Storage Bottle, Storage Bin And Drum, Other Products
2) By Application: Biopharmaceutical Production, Tissue Engineering, Diagnostic, Regenerative Medicine
3) By End Use: Pharmaceutical And Biotechnology Companies, Contract Research Organizations And Contract Manufacturing Organizations, Academic And Research Institutes
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Major companies operating in the cell culture media storage containers market are Merck KGaA, Thermo Fisher Scientific Inc, FUJIFILM Holdings Corporation, Becton Dickinson and Company, Corning Incorporated, Medline Industries Inc, Avantor Inc, Danaher Life Sciences LLC, Lonza Group AG, Sartorius AG, Bio-Rad Laboratories Inc, Eppendorf AG, STEMCELL Technologies Inc, Greiner Bio-One International GmbH, Hamilton Company, SARSTEDT AG & Co KG, Cole-Parmer Instrument Company LLC, BioLife Solutions Inc, DWK Life Sciences, MP Biomedicals LLC, HiMedia Laboratories Pvt Ltd, OriGen Biomedical Inc, ThermoGenesis Holdings Inc, CELLTREAT Scientific Products, TPP Techno Plastic Products AG
Contents of the report:
1. Executive Summary
2. Cell Culture Media Storage Containers Market Report Structure
3. Cell Culture Media Storage Containers Market Trends And Strategies
4. Cell Culture Media Storage Containers Market - Macro Economic Scenario
5. Cell Culture Media Storage Containers Market Size And Growth
…..
27. Cell Culture Media Storage Containers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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