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Cell Culture Market Size to Exceed US $42 Billion by 2026

November 25, 2019 GMT
Cell Culture Market Size to Exceed US $42 Billion by 2026
Cell Culture Market Size to Exceed US $42 Billion by 2026

SELBYVILLE, Del. - November 25, 2019 - ( Newswire.com )

​As per the latest research report titled ” Cell Culture Market Share, Size, Trends & Industry Analysis Report By Consumables (Media, Sera, Reagents); By Product (Pipetting Instruments, Centrifuges, Biosafety Instruments, Culture Systems, Incubators, Cryostorage Equipment); By Application and By Regions: Segment Forecast, 2019 – 2026″ available with Market Study Report LLC, the global cell culture market is anticipated to grow with a CAGR of 11.8% through the year 2026.

Cell culture is effectively applied in evaluation and treatment of diseases such as cancer and Alzheimer’s. Increasing adoption of techniques to develop high-quality plant actives, coupled with rising focus of key players towards widening their cell reservoir and recruiting trained experts for enhanced efficiency are propelling the growth of the cell culture market.

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Moreover, increasing demand for cell culture is unable to be met by conventional development and manual handling, which is compelling the incorporation of automated techniques that offer higher purity and larger quantity. Constant advancements in techniques, along with discovery of new functions of cell cultures will further augment the expansion of the cell culture market.

Based on product type, the cell culture market is classified into pipetting instruments, biosafety instruments, incubators, centrifuges, culture systems, and cryostorage equipment. As per application spectrum, the industry is divided into tissue culture & engineering, drug development, vaccine production, biopharmaceuticals, gene therapy, and toxicity testing.

In terms of consumables, the cell culture market is categorized as media, reagents, and sera. The report cites that the sera segment held 45% revenue share of the cell culture market in 2018, owing to surging commercialization of the segment and the high price of the product.

Considering the regional landscape, the Asia Pacific cell culture market is presumed to gain lucrative growth opportunities over the forecast period, on account of surging need for advancements and manufacturing of medications, vaccinations, and biologics. Supportive federal reforms, inflow of funding from market players, and untouched potential of market will further drive the regional market growth.

Main contenders of the global cell culture market profiled in the report are Sartorius, Thermo Fisher Scientific, Sigma-Aldrich Co., General Electric, Eppendorf, Merck, Becton, Promocell, Lonza, and Dickinson & Company.

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Question & Answer: Cell Culture Market

Question 1: Why is the cell culture market registering constant growth?

Answer: Cell culture is effectively applied in evaluation and treatment of diseases such as cancer and Alzheimer’s. Increasing adoption of techniques to develop high-quality plant actives, coupled with rising focus of key players towards widening their cell reservoir and recruiting trained experts for enhanced efficiency are propelling growth of the cell culture market.

Question 2: Which segment held a significant share of the cell culture market in 2018?

Answer: In terms of consumables, cell culture market is categorized as media, reagents, and sera. The report cites that the sera segment held 45% revenue share of the cell culture market in 2018, owing to surging commercialization of the segment and the high price of the product.

Question 3: How is the Asia Pacific region impacting the growth of cell culture market?

Answer: Asia Pacific cell culture market is presumed to gain lucrative growth opportunities over the forecast period, on account of the surging need for advancements and manufacturing of medications, vaccinations, and biologics. Supportive federal reforms, inflow of funding from market players, and untouched potential of the market will further drive the regional market growth.

Question 4: What companies define the competitive landscape of cell culture market?

Answer: Main contenders of the global cell culture market profiled in the report are Sartorius, Thermo Fisher Scientific, Sigma-Aldrich Co., General Electric, Eppendorf, Merck, Becton, Promocell, Lonza, and Dickinson & Company.

Related Report:

Stem Cell Therapy Market Size By Type, By Application, End-users Forecast, 2019 - 2025

Stem Cell Therapy Market will exceed USD 15 billion by 2025, as per a new research report.

Increasing research on developing novel therapies and personalized medicines will foster stem cell therapy market growth. For instance, scientists are extensively researching methods to regenerate healthy heart cells from placenta that can be used in patients after myocardial infarction. This discovery will help to cure patients suffering from cardiovascular diseases and reduce mortality rates. Researchers are further examining different aspects of stem cell therapy for its applications in neurological disorders. Thus, increasing R&D activities to promote developments in stem cell therapy will positively impact industry growth.

A rising geriatric population will positively influence the industry growth in coming years. Elderly people are susceptible to degenerative diseases such as Parkinson’s and Alzheimer’s disorders. Stem cell therapies offer several benefits over the conventional therapeutic methods that raise its preference for curing degenerative diseases. Recently developed stem cell therapies generate healthy cells by replacing the defective cells through minimally invasive techniques. Therefore, the geriatric population relies on stem cell therapies that prove beneficial for industry growth.

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Original Source: Cell Culture Market Size to Exceed US $42 Billion by 2026