11.01.2022 Views

Top 3 Trends Driving Demand For Cell Culture Market

Increasing product launches by major manufacturers operating in the cell culture market to boost their market position is expected to drive growth of the market over the forecast period. For instance, in October 2019, Thermo Fisher Scientific Inc. launched Cytomat 2 C-LiN Series Automated Incubator. The new incubator system is designed to provide cell growth and environmental control across a range of micro plate applications comprising of cell-based screening, immuno-capture assays, microbiology, and enzyme testing. Furthermore, increasing incidence of breast cancer is expected to drive growth of the market during the forecast period, owing to robust pipeline of cell culture products. For instance, according to the WHO report published in 2018, breast cancer is the most frequent cancer among women, impacting 2.1 million women each year across the globe. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/cell-culture-market-116

Increasing product launches by major manufacturers operating in the cell culture market to boost their market position is expected to drive growth of the market over the forecast period. For instance, in October 2019, Thermo Fisher Scientific Inc. launched Cytomat 2 C-LiN Series Automated Incubator. The new incubator system is designed to provide cell growth and environmental control across a range of micro plate applications comprising of cell-based screening, immuno-capture assays, microbiology, and enzyme testing.

Furthermore, increasing incidence of breast cancer is expected to drive growth of the market during the forecast period, owing to robust pipeline of cell culture products. For instance, according to the WHO report published in 2018, breast cancer is the most frequent cancer among women, impacting 2.1 million women each year across the globe.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/cell-culture-market-116

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CELL CULTURE<br />

MARKET<br />

<strong>Market</strong> Size (2017)<br />

US$ 15,805.7<br />

MN<br />

CAGR (2018 -<br />

2026)<br />

7.2%<br />

© Coherent <strong>Market</strong> Insights. All Rights Reserved


By Product Type<br />

‣ Instruments<br />

<br />

<strong>Culture</strong> Systems<br />

• Bags<br />

• Plates<br />

• T-flasks<br />

Segmentation (Scope)<br />

• <strong>Culture</strong> Dishes<br />

• Roller Bottles<br />

‣ Bioreactors<br />

‣ Incubators<br />

‣ Pipetting Instruments<br />

‣ Roller Bottle Equipment<br />

‣ Biosafety Cabinets<br />

‣ Cryostorage Equipment<br />

‣ Other<br />

‣ Consumable<br />

<br />

<br />

<br />

Media<br />

• Chemically Defined<br />

• Classical, LB<br />

• Protein-free<br />

• Serum-free<br />

• Specialty<br />

Sera<br />

• Fetal Bovine<br />

• Others<br />

Reagents<br />

• Albumin<br />

• Amino acids<br />

• Attachment Factors<br />

• Growth Factors & Cytokines<br />

• Protease Inhibitors<br />

• Thrombin<br />

• Others<br />

By Application<br />

‣ Vaccine Production<br />

‣ Gene Therapy<br />

‣ Cancer Research<br />

‣ Tissue <strong>Culture</strong><br />

‣ Drug Development<br />

‣ Others<br />

By End User<br />

‣ Academic & Research<br />

Institutions<br />

‣ Pharmaceutical &<br />

Biotechnology Companies<br />

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Major<br />

Drivers<br />

Increasing investment in<br />

research & development by<br />

biotechnological companies<br />

Increasing adoption of<br />

expansion strategies by<br />

major players<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


NORTH<br />

AMERICA<br />

ASIA<br />

PACIFIC<br />

<strong>Market</strong> Size<br />

US$ 6,322.3 MN<br />

Major Drivers<br />

Increasing product launches<br />

Increasing strategies partnerships<br />

Major Drivers<br />

Rapidly increasing biotechnology industry<br />

Increasing demand for antibody production<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


1<br />

Corning Incorporated<br />

2<br />

Sartorius AG<br />

Major<br />

Players<br />

3<br />

4<br />

5<br />

6<br />

<strong>Cell</strong> <strong>Culture</strong> Company, LLC<br />

VWR International LLC<br />

Merck KGaA<br />

BioSpherix, Ltd.<br />

7<br />

Thermo Fisher Scientific Inc.<br />

8<br />

Lonza<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


Global <strong>Cell</strong> <strong>Culture</strong> <strong>Market</strong> Share (%),<br />

By Product Type, (2019-2027)<br />

65.0%<br />

64.1%<br />

?<br />

?<br />

Instruments<br />

Consumables<br />

Instruments<br />

Consumables<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved

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