Press release
Sizzling Growth in Cell Culture Plates Market: Steady Climb from $2.21 Billion in 2024 to $2.96 Billion in 2029, Catalyzed by Biomedical Research and Advancements in Cell Biology
Cell Culture Plates Market
Burgeoning Developments in Biopharmaceutical Research and Staple 4.5% CAGR Propels the Global Cell Culture Plates Market to a Resounding $2.31 Billion in 2025
What Is The Projected Market Size Of The Global Cell Culture Plates Market And Its Growth Rate?
* The cell culture plates market size has experienced consistent growth in recent years and is projected to grow from $2.21 billion in 2024 to $2.31 billion in 2025, underpinned by a robust CAGR of 4.5%.
* The robust growth during this period can be attributed to biopharmaceutical research growth, the increasing incidence of chronic diseases, advancements in cell biology, drug screening, and toxicology studies, and academic and industrial research activities.
* Alongside these factors, the cell culture plates market size is poised for exceptional growth in the coming years, growing to reach $2.96 billion in 2029 at a CAGR of 6.4%.
* The promising growth forecast is catalyzed by the rise of personalized medicine, expansion of stem cell research, growth in the biotechnology industry, a shift towards 3D cell culture, automation, and high-throughput screening.
What Is Driving The Growth In The Cell Culture Plates Market?
The rising prevalence of chronic diseases is anticipated to be a key driver for the growth of the cell culture plates market. Chronic diseases, lasting a year or longer, requiring ongoing medical care, and potentially restricting daily activities, necessitate the role of cell culture plates in various forms of research. This research includes the integration and organization of several types of cells for understanding disease progression, providing optimum conditions for cell culture, testing new treatments, and assessing drug performance in research and development efforts. For instance, in June 2024, the Australian Institute of Health and Welfare reported that the death rate associated with chronic conditions increased from 459 deaths per 100,000 population in 2021 to 490 deaths per 100,000 population in 2022. This growing prevalence of chronic disease, therefore, is contributing significantly to the growth of the cell culture plate market.
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Who Are the Key Players Driving Cell Culture Plates Market Growth?
* Thermo Fisher Scientific Inc.
* USA Scientific Inc.
* Merck KGaA
* Corning Inc.
* Lonza Group AG
* PerkinElmer Inc.
* VWR International LLC
* Sartorius AG
* Bio-Rad Laboratories Inc.
* Sumitomo Bakelite Co. Ltd.
* Eppendorf AG
* Greiner Bio-One International GmbH
* Sarstedt AG & Co.
* Stemcell Technologies
* BioLegend Inc.
* Porvair PLC
* Brand GmbH & Co KG
* Cell Signaling Technology
* MatTek Corporation
* Himedia Laboratories Pvt. Ltd.
* Celltreat Scientific Products
* Crystalgen Inc.
* TPP Techno Plastic Products AG
* Jet Bio-Filtration Co. Ltd.
* Zhejiang Sorfa Life Science Research Co. Ltd
* Wuxi NEST Biotechnology Co. Ltd
* Socal Biomed LLC
* Cellvis
* Cole-Parmer India Pvt. Ltd.
What Are The Key Trends In The Cell Culture Plates Market?
* Increased use of coated and functionalized plates
* Focus on automation and robotics compatibility
* Incorporation of advanced materials
* Emphasis on sustainable and biodegradable materials
What Are The Segments Of The Global Cell Culture Plates Market?
* By Type: Standard Cell Culture Plates, Coated Cell Culture Plates, Specialty Cell Culture Plates
* By Material: Polystyrene, Glass, Other Materials
* By Surface: Treated, Untreated
* By Application: Drug Discovery And Development, Biopharmaceutical Production, Tissue Engineering And Regenerative Medicine, Other Applications
* By End-User: Research Institutes, Pharmaceutical And Biotechnology, Diagnostic Laboratories
Which Region Leads The Cell Culture Plates Market?
North America was the largest region in the global cell culture plates market in 2024, with Asia-Pacific, Western Europe, Eastern Europe, and South America also demonstrating sizeable market presence. The Middle East and Africa regions are also covered in depth in the cell culture plates market report.
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What Is Covered In The Cell Culture Plates Market Global Market Report?
Market Size Analysis: Analyze the Cell Culture Plates Market size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Cell Culture Plates Market for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Cell Culture Plates Market growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Cell Culture Plates Market.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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