The global Cell Culture Market is expected to reach USD 37.0
billion by 2022, according to a new report by Grand View Research, Inc. This
expected growth in demand can be ascribed to the growing need for
biopharmaceutical development, vaccine research and development, and protein
production; all of which rely heavily on cytological R&D in which cell
culture plays a pivotal role.
The development and
commercialization of integrated robotic liquid handling laboratory automation
culture systems is also expected to considerably enhance growth over the
forecast period. These systems provide highly improved capacity handling,
higher efficiency and reproducible purity levels.
Access Research Report of Cell
Culture Market @http://www.grandviewresearch.com/industry-analysis/cell-culture-market
Further key findings from the report
suggest:
- Cell culture sera accounted for over 50% of revenue generated in
2014 owing to, high usage rates of serum in the composition of cell
cultures and their relatively high average market prices. Furthermore,
commercialization of serum free sera is also expected to drive market
demand in the coming years.
- Culture reagents including amino acids, cofactors, thrombin, and
growth factors, even though used in trace quantities, account for a
considerably large share of revenue owing to their relatively expensive
prices.
- North America accounted for the largest share of this market in
2014, as there are a significantly high number of research and development
projects ongoing in the region related to cytological investigation for
proteomics, genomics, and drug and vaccine development. Growing need for
biopharmaceuticals is also anticipated to fuel regional market growth
during the forecast period.
- Rising demand, for cell culture technology and cell biology
research in Europe has shown significant development and companies have
started investing in innovative technologies and advances in cell culture
applications.
- Asia Pacific is expected to witness significant growth in demand
over the forecast period owing to the presence of high unmet need for
increasing production and development of vaccines, drugs, and new
biologics. Supportive government initiatives pertaining to increasing
investments by manufacturers and governments in biopharmaceutical
manufacturing and high untapped market opportunities are some important
factors accounting for such rapid growth in demand.
- Key participants of the cell culture market include Sartorius,
Thermo Fisher Scientific, General Electric, Merck, Sigma-Aldrich Co., LLC,
Corning, Lonza, Promocell, Becton, Dickinson & Company, and
Eppendorf.
- Market participants are involved in extensive R&D of 3D cell
culture and full commercialization of the technologically advanced cell
culture which offer higher accuracy of replication, greater purity and
rapid growth
Grand View Research has segmented
cell culture market on the basis of consumables, products, applications and
regions:
Cell Culture Consumables Outlook
(Market Revenue in USD Billion, 2012 - 2022 )
- Media
- Minimum Essential Media (MEM)
- RPMI 1640 Media
- DMEM/F-12 Media
- F-10 Serum Free Media
- BME Media
- Insect Media
- Other Media
- Sera
- Fetal Bovine Serum
- Other Animals’ serum
- Reagents
- Albumin
- Other
Cell Culture Product Outlook (Market
Revenue in USD Billion, 2012 - 2022 )
- Culture Systems
- Incubators
- Centrifuges
- Pipetting Instruments
- Biosafety Equipment
- Cryostorage Equipment
Cell Culture Applications Outlook
(Market Revenue in USD Billion, 2012 - 2022 )
- Biopharmaceuticals
- Cancer Research
- Drug Development
- Gene Therapy
- Tissue Culture & Engineering
- Toxicity testing
- Vaccine Production
Cell Culture Regional Outlook
(Revenue, USD Million, 2012 - 2022)
- North America
- Europe
- Asia Pacific
- RoW
Browse more reports of this category by Grand View Research @
https://www.grandviewresearch.com/industry/biotechnology
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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