Cell Culture Market Manufacturers and Business Opportunities by 2027
The latest market intelligence report, titled ‘Global Cell Culture Market’, is meant to give the target audience the knowledge they need about the world's cell culture market. Business demand has been sparked by the growing body of knowledge regarding the advantages of cell culture-based vaccinations. As a result, market growth is being driven by the growing use of battery culture-based vaccinations to treat illnesses. The market is also growing as doctors and patients become more knowledgeable about the uses of monoclonal antibody therapy. Monoclonal antibodies, which are beginning to develop for the management of sanitation and some diseases, have been some of the most innovative biological medications to hit the market.
According to a recent analysis by Emergen Research, the worldwide cell culture market is anticipated to reach USD 45.12 billion by 2027. Some of the factors boosting demand for the cell culture sector include rising demand for monoclonal antibodies, a growing focus on personalised medicines, and rising support for cell-based investigations.
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Leading companies profiled in the report:
- Thermo Fisher Scientific Inc.,
- Cell Culture Company LLC,
- Sigma-Aldrich Co. LLC,
- Corning Incorporated,
- Dickinson & Company,
- VWR International LLC,
- BioSpherix Ltd.,
- General Electric,
- Sartorius AG, and
- Merck KGaA
Some Key Highlights from the Report
- Based on the consumables, sera generated a revenue of USD 06.56 billion in 2019 and predicted to rise with a CAGR of 10.4% in the forecast period due to increasing demand for cropping in cytological research projects.
- The incubators expected to grow with a CAGR of 10.5% in the forecasted period, owing to the lower profit margins that are distinguished by cell culture goods and technical developments.
The global Cell Culture market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Cell Culture market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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For the purpose of this report, Emergen Research has segmented the global Cell Culture Market on the basis of Consumables, Product, Application, and region:
Consumables Outlook (Revenue, USD Billion; 2017-2027)
- Media
- Sera
- Reagents
Product Outlook (Revenue, USD Billion; 2017-2027)
- Culture Systems
- Incubators
- Centrifuges
- Pipetting Instruments
- Biosafety Equipment
- Cryostorage Equipment
Application Outlook (Revenue, USD Billion; 2017-2027)
- Biopharmaceuticals
- Cancer Research
- Vaccine Production
- Drug Development
- Gene Therapy
North America dominated the market for Cell Culture in 2019. The region's consistent focus on cost-effective and innovative procedures that are adopted in the area is driving the market. North America region held approximately 32.7% of the market, followed by the Asia Pacific, which contains around 31.4% market in the year 2019.
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