Cell Culture Market Will Reach $37.0 Billion By 2022: Grand View Research, Inc.
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.
Browse full
research report on Cell Culture Market:
www.grandviewresearch.com/industry-analysis/cell-culture-market
Further key
findings from the study 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
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/biotechnology
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
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-cell-culture-market
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.
Comments
Post a Comment