Automated cell cultures are grown and maintained using automated protocols instead of manual controls. It minimizes the human efforts and reduces the chances of contaminations & errors during the cell culture development. Additionally, it makes the process of culturing easy and time savior.
The Global Automated Cell Culture Market is expected to grow at an estimated CAGR of 8.5% during the forecast period.
According to the report published by WHO, 8.8 million people died of various cancer in 2015, which has increased R&D in the drug development for cancer, which, in turn, will generate the demand for automated cell culture.
Various factors, such as rising demand for regenerative medicine, growing biopharmaceutical industries and increasing per capita healthcare expenditures boosts the market. However, lack of awareness, uneven distribution of the technology, and high cost may hamper the market.
Some of the key players profiled in the report are
- Tecan Trading AG,
- TAP Biosystems,
- Cell Culture Company LLC,
- Eppendorf AG.,
- Merck KGaA,
- Hamilton Company.,
- Thermo Fisher Scientific Inc.,
- OCTANE BIOTECH INC.
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The automated cell culture market has been segmented on the basis of application, type, end users.
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 users, the market has been segmented into biotech companies, research organizations, academic institutes, and others.
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.
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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.
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