Cell Culture Market
Cell Culture Market is valued around USD 14870.31Million in 2017 and expected to reach USD 27978.89 Million by 2025 with the CAGR of 9.45 % over the forecast period. Increase in research and development activities and increased production of biologics are the key drivers for Global Cell Culture Market.
Cell Culture market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about cell culture market from various aspects. This report consists of drivers, restrains, Opportunities which help the market to grow over the analysis period and recent trends which support the growth of market. This report consists of regional segmentation with product type, application and end use.
Cell culture is a technique in which living cells are isolated from plant or animal body and grown in artificially controlled environment conditions. Cell produced by cell culture can be used for various purposes such as drug discovery, study and others. It is mostly used by the pharmaceutical industry on a large scale due to the production of biologics, and development of new drugs for the treatment of various conditions. The major advantage of cell culture is its consistency and reproducibility of results which can be obtained from the batch of clonal cells. It is one of the major tools used in the cell and molecular biology used for the drug development, manufacturing of biological compounds on a large scale.
Cell Culture Market Analysis
There are various factors driving the growth of the cell culture market, one of the major factors driving the growth of this market is increase in research and development activities over the period of time. There are various major players in the market which are constantly investing a huge amount on research and development activities for the development of new drugs. Moreover, increasing demand of biological compounds such as vaccines, biosimilars and others is also expected to foster the growth in this market. Furthermore, increase in the prevalence of chronic disease, tissue and organ transplant and the demand of vaccines, biosimilars and others over the forecast is expected to fuel the demand for cell culture. However, stringent regulations ethical issues and high cost of infrastructure are expected to inhibit the growth of cell culture market.
Cell Culture Market Share
Cell Culture Market Revenue (USD Million) Analysis by Regional and Global, 2019-2025
Global cell culture market report covers prominent players like Sartorius AG, Corning Incorporated, Lonza, Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck KGaA, Eppendorf AG, VWR International LLC, GE Healthcare, PromoCell GmbH and others.
Cell Culture Market Segmentation –
By Product Type
Instruments
Mediums
Sera
Reagents
By Application
Stem cell research
Drug evaluation
Genetic engineering
Drug discovery
Research
Cellular study
Production of biologics
By End-Use
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