Global Cell Culture Market Research Report with figures as recent as 2017 and forecasts up to 2024 provides an overview of the industry including its definition, size, share, growth, applications and manufacturing technology. The Global Cell Culture Market accounted to USD 12,585.9 million in 2016 growing at a CAGR of 10.0% during the forecast period of 2017 to 2024. Report also explores the major industry players in detail as well as company profile, product specifications, capacity and production value.
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Global Cell Culture Market By Product (Equipment, Consumables), Application (Biopharmaceutical/Therapeutic Applications, Cancer Research, Stem Cell Technologies, Drug Screening & Development, Tissue Engineering & Regenerative Medicine), Process (Sequencing, Library Preparation, Data Analysis), End-User (Pharmaceutical and Biotechnology Companies, Research Institutes), Geography – Industry Trends and Forecast to 2024
Cell culture is a type of in vitro technique where the cells are grown in an artificially created environment, which look like the in vivo environment. This technique stimulates normal cell to differentiate, proliferate.The culturing of cells authorizes scientists to improve various kinds of cell colonies outlying/externally to their natural locations.
Market Drivers And Restraints:
- Growth in Demand for Monoclonal Antibodies (MABS)
- Funding for Cell-Based Research
- Technological Advancements
- Higher Prices of Cell Biology Research
- 3D Cell Culture
- Developing Economies
- Existence of New Entrants
By product:- Equipment, and consumables.
Equipment segment is further sub-segmented into bioreactors, cell culture vessels, cell culture storage equipment, and cell culture supporting equipment.
Bioreactors are further sub-segmented:- conventional bioreactors, and single-use bioreactors.
Cell culture vesselsare further sub-segmented:- flasks, roller/roux bottles, cell factory systems/cell stacks, petri dishes, and multiwell plates.
Cell culture storage equipment is further sub-segmented:- intorefrigerators and freezers, and cryostorage systems.
Cell culture supporting equipmentis further sub-segmented:- Cell counters, filtration systems, centrifuges, co2 incubators, autoclaves, microscopes, biosafety cabinets, and other cell culture supporting equipment.
Consumables segment is further sub-segmented:- Sera, media, reagents, and bioreactor accessories.
Sera are further sub-segmented:- fetal bovine sera (FBS), adult bovine sera (ABS), and other animal sera.
Media is further sub-segmented:- classical media & salts, serum-free media, specialty media, and stem cell culture media.
Reagentsare further sub-segmented:- Supplements and growth factors, buffers and chemicals, cell dissociation reagents, balanced salt solutions, cryoprotective reagents, contamination detection kits, antibiotics/antimycotics, attachment & matrix factors, and other reagents.
On the basis of application:- biopharmaceutical/therapeutic applications, cancer research, stem cell technologies, drug screening & development, tissue engineering & regenerative medicine.
On the basis of process:- Sequencing, library preparation, and data analysis.
On the basis of end-user:- Pharmaceutical and biotechnology companies, and research institutes.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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The Global Cell Culture Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cell culture market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
- ABB Ltd.,
- General Electric Company,
- Siemens AG,
- Schneider Electric,
- Caterpillar Inc.,
- S&C Electric Company,
- HOMER Energy LLC,
- Power Analytics Corporation,
- Advanced Microgrid Solution,
- Pareto Energy Inc., Green Energy Corporation,
- Sustainable Power System,
- among others.
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