Press release
Automated Cell Culture Market Boost to Perceive a Momentous Growth by Major Players Tecan Trading AG, Sartorius, TAP Biosystems and more Forecasts Till 2023
In the recent years, rising use of regenerative medicine and increasing R&D in biotechnology on various diseases such as cancer have boosted the demand for the automated cell cultures. As per WHO (2017), cancer caused over 8.8 million deaths across the globe in 2015, which has increased investments in R&D by biotechnology based pharmaceutical companies. This has boosted the market growth.Automated cell cultures grows and maintain cell lines by mechanically controlled procedures. The Global Automated Cell Culture Market is expected to grow at an estimated CAGR of 8.5% during the forecast period. Regular cell culturing involves various procedures such as inoculation- excessive care is required since the procedure is more susceptible to the contamination during the inoculation as well as growth of the cell. Whereas, automated cell culturing minimizes such manual operations during the cellular growth, which reduces the error and time.
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Increasing R&D in the life-sciences, and rising use of cell based assays in the drug development will boost the market growth over the corresponding period. However, lack of awareness about the advanced techniques and skilled workforce, followed by high cost of the technology will restrain the market growth during the assessment period.
Automated Cell Culture Market Regional Analysis:
The America holds a significant market share due to the presence of developed countries such as the U.S and Canada in the region. These countries have well-developed technology and investments in the R&D by the biotechnology industries.
Europe stands second in the global market as result of high adoption rate of new technologies and well-developed infrastructure.
Asia Pacific region will witness the fastest growth over the review period; China and India expected to be the major contributor to the market growth. Furthermore, India is projected to fuel the regional market owing to increasing demand for R&D and rising government support to the biotechnology based companies likely to boost the market over the corresponding period.
Gulf nations such as Saudi Arabia is estimated to drive the Middle East & African market due to well-developed biotechnology infrastructure and increasing R&D in biotechnology. However, African region is expected to witness a moderate growth owing to poor economic and prevailing political conditions.
Some of key players profiled in the report are BD., Tecan Trading AG, Sartorius, TAP Biosystems, Cell Culture Company, LLC, Eppendorf AG., Merck KGaA, Hamilton Company., Thermo Fisher Scientific Inc., and OCTANE BIOTECH INC.
Automated Cell Culture Market Segments:
The automated cell culture market has been segmented on the basis of application, type, and end user.
Based on the application, the market has been segmented into drug development, stem cell research, regenerative medicine, cancer research, and others.
Based on type, the market has been segmented into finite cell line cultures and infinite cell line cultures.
Based on consumables, the market has been segmented into media, sera, reagents, and others.
Based on the end user, the market has been segmented into biotech companies, research organizations, academic institutes, and others.
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Major TOC of Automated Cell Culture Market:
Report Prologue
2. Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Research Objective
2.4 Assumptions
2.5 Limitations
2.6 Market Structure
2.7 Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Mega Trends
4.5 Macroeconomic Indicators
….Continued
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