The report is titled ‘Cell Culture Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the cell culture market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The cell culture market is expected to grow at a significant rate in the near future.
The global cell culture market in 2020 is estimated for more than US$ 17.4 Bn and expected to reach a value of US$ 39.0 Bn by 2028 with a significant CAGR of 10.7%.
Cell Culture Market Definition
Cell culture is a billion-dollar market with primary applications in cancer therapeutics and diagnosis, stem cell research, vaccine production, drug discovery, and development, etc. among others. The growth of the biopharmaceutical industry is creating a huge demand for cell culture products.
The cell culture industry began to take shape in the late 1980s but cell culture is being used in biological sciences for over 5 decades. However, the latest advances such as 3D cell culture techniques are expected to boost the growth of the global cell culture market. Application of cell culture techniques in production such as for monoclonal antibody production is relatively new and is growing at the fastest rate as the majority of molecules in the pipeline of big pharma players are antibody-based drugs.
Protein expression is another important application area of cell culture and is growing at a rapid pace owing to the increasing importance of biotechnology research.
Cell Culture Market Dynamics
The growing importance of molecular biology research and development is expected to further push the global cell culture market towards growth over the forecast period.
The use of cell culture techniques in production is growing at the fastest rate such that conventional manual small scale production is unable to fulfill the growing demands of new-age molecular biology products. This has stimulated the advancements in the cell culture techniques which in turn aid the growth of the market over the forecast period of 2020-2028.
The introduction of single-use technology has made cell culture activities more economic and is thus pushing the growth of the cell culture market. Stringency in regulations and the requirement of highly skilled personals for handling critical cell culture operations were found to be challenging factors to the growth of the cell culture market.
Cell Culture Market Key Players
The cell culture market is mainly dominated by Thermo Fisher Scientific Inc., Merck KGaA, Lonza AG, Eppendorf AG, Promocell GmbH, GE Healthcare, Sartorius AG, Becton Dickinson and Company, and others. Product diversification through consolidation is the major trend observed in the global cell culture market.
Cell Culture Market Segmentation
The cell culture market is segmented on the basis of product type, application, end-user, and region. On the basis of product type, the global cell culture market is segmented into equipment (further segmented into bioreactors, cell culture vessels) and consumables (media and reagents).
On the basis of application, the global culture market is segmented into cancer research, vaccine production, drug discovery and development, stem cell research, and others.
By end-user, the cell culture market is segmented into pharmaceutical companies, biotechnology companies, life science industry, academic and research institutes, etc.
The cell culture market is expected to increase at a robust CAGR over the forecast period owing to the increasing R&D expenditure by biotechnology companies and technological advancements.
Cell Culture Market Regional Overview and Analysis
On the basis of region, the cell culture market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America cell culture market is expected to be the most dominating market throughout the forecast period due to the growing pace of research and development activities by key players in the region.
MMC Overview on Cell Culture Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Cell Culture market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Cell Culture
• Advantage of Cell Culture over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at a regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.
1. Global Cell Culture Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Cell Culture Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Cell Culture Market Snapshot
2.4. Global Cell Culture Market Size and Forecast, 2020-2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020-2028)
2.5. Global Cell Culture Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Cell Culture Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Equipment
3.2.1.1. Bioreactors
3.2.1.2. Cell Culture Vessel
3.2.2. Consumables
3.2.2.1. Media
3.2.2.2. Reagents
3.3. Global Cell Culture Market Attractiveness Index, By Product Type
4. Global Cell Culture Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Cancer Research
4.2.2. Vaccine Production
4.2.3. Drug Discovery and Development
4.2.4. Stem Cell Research
4.2.5. Others
4.3. Global Cell Culture Market Attractiveness Index, By Application
5. Global Cell Culture Market, By End User
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End User
5.1.2. BPS Analysis, By End User
5.2. Market Revenue (US$Mn) Forecast, By End User
5.2.1. Pharmaceutical Companies
5.2.2. Biotechnology Companies
5.2.3. Life Science Industry
5.2.4. Academic and Research Institutes
5.3. Global Cell Culture Market Attractiveness Index, By End User
6. Global Cell Culture Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East and Africa
6.3. Global Cell Culture Market Attractiveness Index, By Region
7. North America Cell Culture Market Analysis and Forecast, 2020-2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Cell Culture Market
7.2.2. Canada Cell Culture Market
7.3. North America Cell Culture Market, By Product Type
7.3.1. Equipment
7.3.1.1. Bioreactors
7.3.1.2. Cell Culture Vessel
7.3.2. Consumables
7.3.2.1. Media
7.3.2.2. Reagents
7.4. North America Cell Culture Market, By Application
7.4.1. Cancer Research
7.4.2. Vaccine Production
7.4.3. Drug Discovery and Development
7.4.4. Stem Cell Research
7.4.5. Others
7.5. North America Cell Culture Market, By End User
7.5.1. Pharmaceutical Companies
7.5.2. Biotechnology Companies
7.5.3. Life Science Industry
7.5.4. Academic and Research Institutes
7.6. North America Cell Culture Market Attractiveness Index
7.6.1. By Country
7.6.2. By Product Type
7.6.3. By Application
7.6.4. By End User
8. Latin America Cell Culture Market Analysis and Forecast, 2020-2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Cell Culture Market
8.2.2. Mexico Cell Culture Market
8.2.3. Argentina Cell Culture Market
8.2.4. Rest of Latin America Cell Culture Market
8.3. Latin America Cell Culture Market, By Product Type
8.3.1. Equipment
8.3.1.1. Bioreactors
8.3.1.2. Cell Culture Vessel
8.3.2. Consumables
8.3.2.1. Media
8.3.2.2. Reagents
8.4. Latin America Cell Culture Market, By Application
8.4.1. Cancer Research
8.4.2. Vaccine Production
8.4.3. Drug Discovery and Development
8.4.4. Stem Cell Research
8.4.5. Others
8.5. Latin America Cell Culture Market, By End User
8.5.1. Pharmaceutical Companies
8.5.2. Biotechnology Companies
8.5.3. Life Science Industry
8.5.4. Academic and Research Institutes
8.6. Latin America Cell Culture Market Attractiveness Index
8.6.1. By Country
8.6.2. By Product Type
8.6.3. By Application
8.6.4. By End User
9. Europe Cell Culture Market Analysis and Forecast, 2020-2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Cell Culture Market
9.2.2. Germany Cell Culture Market
9.2.3. Italy Cell Culture Market
9.2.4. France Cell Culture Market
9.2.5. Spain Cell Culture Market
9.2.6. Russia Cell Culture Market
9.2.7. Poland Cell Culture Market
9.2.8. BENELUX Cell Culture Market
9.2.9. NORDIC Cell Culture Market
9.2.10. Rest of Europe Cell Culture Market
9.3. Europe Cell Culture Market, By Product Type
9.3.1. Equipment
9.3.1.1. Bioreactors
9.3.1.2. Cell Culture Vessel
9.3.2. Consumables
9.3.2.1. Media
9.3.2.2. Reagents
9.4. Europe Cell Culture Market, By Application
9.4.1. Cancer Research
9.4.2. Vaccine Production
9.4.3. Drug Discovery and Development
9.4.4. Stem Cell Research
9.4.5. Others
9.5. Europe Cell Culture Market, By End User
9.5.1. Pharmaceutical Companies
9.5.2. Biotechnology Companies
9.5.3. Life Science Industry
9.5.4. Academic and Research Institutes
9.6. Europe Cell Culture Market Attractiveness Index
9.6.1. By Country
9.6.2. By Product Type
9.6.3. By Application
9.6.4. By End User
10. Asia Pacific Cell Culture Market Analysis and Forecast, 2020-2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Cell Culture Market
10.2.2. India Cell Culture Market
10.2.3. Japan Cell Culture Market
10.2.4. Australia and New Zealand Cell Culture Market
10.2.5. South Korea Cell Culture Market
10.2.6. ASEAN Cell Culture Market
10.2.7. Rest of Asia Pacific Cell Culture Market
10.3. Asia Pacific Cell Culture Market, By Product Type
10.3.1. Equipment
10.3.1.1. Bioreactors
10.3.1.2. Cell Culture Vessel
10.3.2. Consumables
10.3.2.1. Media
10.3.2.2. Reagents
10.4. Asia Pacific Cell Culture Market, By Application
10.4.1. Cancer Research
10.4.2. Vaccine Production
10.4.3. Drug Discovery and Development
10.4.4. Stem Cell Research
10.4.5. Others
10.5. Asia Pacific Cell Culture Market, By End User
10.5.1. Pharmaceutical Companies
10.5.2. Biotechnology Companies
10.5.3. Life Science Industry
10.5.4. Academic and Research Institutes
10.6. Asia Pacific Cell Culture Market Attractiveness Index
10.6.1. By Country
10.6.2. By Product Type
10.6.3. By Application
10.6.4. By End User
11. Middle East Cell Culture Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Cell Culture Market
11.2.2. Israel Cell Culture Market
11.2.3. Oman Cell Culture Market
11.2.4. Rest of Middle East Cell Culture Market
11.3. Middle East Cell Culture Market, By Product Type
11.3.1. Equipment
11.3.1.1. Bioreactors
11.3.1.2. Cell Culture Vessel
11.3.2. Consumables
11.3.2.1. Media
11.3.2.2. Reagents
11.4. Middle East Cell Culture Market, By Application
11.4.1. Cancer Research
11.4.2. Vaccine Production
11.4.3. Drug Discovery and Development
11.4.4. Stem Cell Research
11.4.5. Others
11.5. Middle East Cell Culture Market, By End User
11.5.1. Pharmaceutical Companies
11.5.2. Biotechnology Companies
11.5.3. Life Science Industry
11.5.4. Academic and Research Institutes
11.6. Middle East Cell Culture Market Attractiveness Index
11.6.1. By Country
11.6.2. By Product Type
11.6.3. By Application
11.6.4. By End User
12. Africa Cell Culture Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Cell Culture Market
12.2.2. Egypt Cell Culture Market
12.2.3. North Africa Cell Culture Market
12.2.4. Rest of Africa Cell Culture Market
12.3. Africa Cell Culture Market, By Product Type
12.3.1. Equipment
12.3.1.1. Bioreactors
12.3.1.2. Cell Culture Vessel
12.3.2. Consumables
12.3.2.1. Media
12.3.2.2. Reagents
12.4. Africa Cell Culture Market, By Application
12.4.1. Cancer Research
12.4.2. Vaccine Production
12.4.3. Drug Discovery and Development
12.4.4. Stem Cell Research
12.4.5. Others
12.5. Africa Cell Culture Market, By End User
12.5.1. Pharmaceutical Companies
12.5.2. Biotechnology Companies
12.5.3. Life Science Industry
12.5.4. Academic and Research Institutes
12.6. Africa Cell Culture Market Attractiveness Index
12.6.1. By Country
12.6.2. By Product Type
12.6.3. By Application
12.6.4. By End User
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Roche Diagnostics
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Randox
14.3.3. EMD Millipore
14.3.4. Quest Diagnostics
14.3.5. Abaxis Inc.
14.3.6. Life technologies
14.3.7. Advy Chemical Private Limited
14.3.8. Sekisui Diagnostics
15. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global cell culture market in 2020 is estimated for more than US$ 17.4 Bn and expected to reach a value of US$ 39.0 Bn by 2028 with a significant CAGR of 10.7%.
What are the key factors driving the growth of market?
The growing importance of molecular biology research and development is expected to further push the global cell culture market towards growth over the forecast period.
What segments are covered in market report?
The cell culture market is segmented on the basis of product type, application, end-user, and region.
What are the key participating players in the market?
The cell culture market is mainly dominated by Thermo Fisher Scientific Inc., Merck KGaA, Lonza AG, Eppendorf AG, Promocell GmbH, GE Healthcare, Sartorius AG, Becton Dickinson and Company, and others.
