Global Cell Culture Protein Surface Coatings Market to Expands at an impressive CAGR of 13.60% from 2014 to 2020
According to the research report, the global cell culture protein surface coatings market was valued at US$256.2 mn in 2013. By the end of 2020, analysts predict that this market will reach a valuation of US$623.4 mn as it expands at an impressive CAGR of 13.60% between 2014 and 2020. The positive sentiment in this market will be supported by the growing interest of several pharmaceutical companies in stem cell research and the subsequently rising number of investments.
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Cell culture refers to cultivating cells in an external environment that matches the native setting of the cell. This is created by controlling the physical elements such as temperatures, humidity, and light as well as maintaining the right about of nutritional needs of the cells. These manmade cell cultures are used for analyzing developing model systems for research, stem cell research, cellular structures and functions, drug discovery, and genetic and molecular engineering. This method of cell culturing requires protein surface coatings. In the recent past, the increasing research and development activities pertaining to cell culture have been driving the overall cell culture protein surface coatings market.
The global cell culture protein surface coatings market is segmented on the basis of protein source, type of coating, and geography. The protein sources studied in this research report are human source, animal source, plant source, and synthetic. The types of coatings available in this market are self-coating and pre-coating. The pre-coating segment is further divided into petri dishes, multi-well/micro-well plates, slides, flasks, and cover slips. Geographically, this market is segmented into Europe, Asia Pacific, North America, and Rest of the World.
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As of 2013, North America held a share of 40.90% in the overall cell culture protein surface coatings market. Europe followed this in second place in the same year. However, analysts predict that Asia Pacific will surge at a remarkable CAGR of 15.40% between 2014 and 2020 due to robust developments in the biotechnology and healthcare sectors. Furthermore, the rising number of drug discovery activities will also boost the Asia Pacific cell culture protein surface coatings market.
Some of the key players operating the global cell culture protein surface coatings market are Greiner Bio-One International AG, Corning Incorporated, Merck Millipore, Sartorius Stedim Biotech SA, Sigma-Aldrich Corporation, Thermo Fisher Scientific, Inc., and Viogene BioTek Corporation.
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The research report profiles these players and provides a complete analysis of the regulatory framework governing these companies along with the competitive landscape. Additionally, the report also details the financial overview, research and development activities, investment outlook, and expansion plans of these players operating in the overall market for the coming few years.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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