Cell Culture Market – Growth, Segmentation, and Forecasts (2023 to 2029)

Cell Culture Market was valued at US$ 18.6 Bn. in 2022. The Global Cell Culture Market size is estimated to grow at a CAGR of 11.3 % over the forecast period.
Cell Culture Market Overview:
The report explores the Cell Culture market's segments (Product, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Cell Culture market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Cell Culture market's contemporary competitive scenario.



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2022 is considered as a base year to forecast the market from 2022 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Cell Culture Market Dynamics:
The increasing human population, climate change, and increased contact between humans and animals have all contributed to the threat of new virus outbreaks. Influenza and COVID-19, for example, have proven unpredictable and recurring events that pose a significant economic and social burden. As of February 5, 2022, 389 million cases of COVID-19 had been confirmed globally, including 5.9 million deaths. With the increasing incidence of infectious diseases and the growing risk of pandemics, vaccine demand is expected to rise worldwide. In the pharmaceutical industry, cell culture has become a prominent part of vaccine production.

This technology has been used to produce vaccines for rotavirus, polio, smallpox, hepatitis, rubella, and chickenpox. The United States and many European countries have also approved cell-based flu vaccines. The increasing awareness of the benefits of cell culture-based vaccines, along with the approval of several cell culture-based vaccines worldwide, are the major factors expected to drive the growth of the cell culture market during the forecast period.

The field of cell biology involves extensive research and the development of new therapies such as stem cells and gene therapies. The equipment, reagents, and other products used in the research process must be of the highest quality to ensure accurate results. Due to the growing need to maintain high-quality standards (through the use of high-grade products) and comply with guidelines set by regulatory bodies, the cost of cell biology research has increased significantly. As a result, many academic institutions and small companies with limited budgets cannot conduct cell biology research. Since micro carriers are used in stem cell biology, this factor is likely to hinder the market growth. Further, since micro carriers adhere to cells, the cells must be harvested, which increases downstream processing costs. This may restrain the growth of the cell culture market.

Multi-dimensional cell cultures are becoming more popular due to several reasons. 2D cell culture methods involve growing cells on flat surfaces as 2D mono layers. However, these cells adhere only to cell culture vessels and attach only to cells at the periphery, which limits multi-dimensional cell cultures. Researchers have developed 3D cell cultures to overcome these issues. It has been proven that 3D cell cultures are effective in several studies of basic biological mechanisms, such as monitoring cell numbers, viability, proliferation, and morphology. Furthermore, 3D cell cultures have more stability and longer life spans than 2D cultures. The benefits of 3D cell cultures have attracted several players to invest in this field.

Corning Incorporated added two new 3D culture products to its cell culture product portfolio in October 2019, including a 3D cell culture microplate and a matrix for organoid culture. Lonza and CELLINK collaborated to offer a 3D bioprinting solution designed to advance complete 3D cell culture workflows. In addition, there has been an increase in interest in microfluidic organ-on-a-chip models, which are 3D microfluidic cell culture chips that mimic the physiology of an organ. 3D cells are grown on scaffolds within a microchip chamber.

Venture capitalists are funding startups involved in 3D cell culture to accelerate the marketing and distribution of these products. For example, In Sphero AG (Switzerland) raised USD 10 million in its latest funding round, securing additional funding from internal and external investors, bringing the total funding to USD 35 million to date. Sphero is a provider of 3D cell-based platforms for drug discovery and efficacy testing. Investors and market players are expected to make significant contributions to growth opportunities in the coming years.

However, cell culture relies heavily on plastic consumables, which has created a problem of generating large quantities of plastic waste every year, which has adversely affected the environment. Furthermore, biopharmaceutical companies are increasingly adopting single-use bioprocessing systems and consumables due to the several associated advantages, such as cost reduction, faster process development time, and lower capital investment. In addition to reducing utility and water costs, they also reduce batch changeover times. However, there are still serious concerns regarding the disposal of solid waste materials from this alternative technology.

Most single-use bioprocessing systems are made of multiple materials or layers, including polyethylene (PE), polypropylene (PP), ethylene vinyl alcohol, and nylon. Because such products require extensive efforts to separate the components into homogeneous components, recycling is not an option. Consequently, most single-use systems and their components are not recyclable. However, this challenge will be lessened in the future as more research and innovation are being conducted to create environmentally friendly bioprocessing systems. For example, the team at Nanyang Technological University (NTU) Singapore-CEA Alliance for Research in Circular Economy (SCARCE) reused plastics from electronic waste (e-waste) as an alternative to plastics used in laboratory cell culture containers, such as Petri dishes.
Cell Culture Market Segment Analysis:
Based on Product, the Cell Culture Market is segmented into Consumables and Equipment.
The Consumable segment held the largest market share in 2022. Increasing funding for cell-based studies has resulted in a significant increase in consumables. There is a growing demand for consumables globally because of the rapid growth of biopharmaceutical companies, contract manufacturers, contract research institutions, and academic research institutes. The rising prevalence of diseases and increased focus on personalized medicine will boost the growth of the consumables segment.



Based on End-User: the Cell Culture Market is segmented into Research Institutes, Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, and Other. The Pharmaceuticals & Biotechnology Companies segment held the highest market share in 2022. Mammalian cell cultures have been extensively utilized for the development of mammalian pharmaceuticals, which has led to a dominant position in the pharmaceutical & biotechnology companies segment. Moreover, the production of genetically modified and proteomically enhanced medicines has led to an increase in the demand for non-conventional drugs globally. The increasing popularity of biopharmaceuticals among patients because of their increased effectiveness in treating various diseases has accelerated this segment’s growth significantly. Research and development activities within the pharmaceutical industry are increasing the demand for cell culture techniques.
Regional Insights:
The growth of the market is being driven by high corporate venture capital investments that are advancing biotechnology R&D, the presence of leading market players, the booming 3D cell culture market, the burgeoning demand for biopharmaceuticals such as vaccines, stem cell therapies, and gene therapies, and the rising incidence of cancer. Throughout the years, the U.S. has become the global hub of drug research and development. Each year, governments and non-government organizations spend billions of dollars on research and development activities. For example, the National Institutes of Health (NIH) alone spends about US$ 42.1 billion annually on medical research. And world's leading pharmaceutical and biopharmaceutical companies in this region are also driving the market growth of the cell culture market in this region.

The Asia Pacific region is witnessing the fastest-growing market growth during the forecast period. Pharmaceutical companies are becoming more competitive and several top contract research organizations are present in countries like India, China, South Korea, and Japan, which contribute greatly to the growth of the Asia Pacific cell culture market. Research laboratories and academic research institutions are expected to increase the number of drug discovery activities as well as the demand for cell culture techniques during the forecast period, which will positively impact the growth of the Asia Pacific cell culture market.

The objective of the report is to present a comprehensive analysis of the global Cell Culture Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Cell Culture Market dynamic, and structure by analyzing the market segments and projecting the Cell Culture Market size. Clear representation of competitive analysis of key players by Design, price, financial position, Product portfolio, growth strategies, and regional presence in the Cell Culture Market make the report investor’s guide.
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Cell Culture Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 18.6Bn.


Forecast Period 2023 to 2029 CAGR:
11.3%
Market Size in 2029:
US $ 39.5 Bn.


 Segments Covered:
by Product
Consumables
Equipment


by Application
Stem Cell
Cancer Research
Drug Screening & Development
Tissue Engineering & Regenerative Medicine
Other


by End-User
Research Institutes
Pharmaceutical & Biotechnology Companies
Hospital & Diagnostic Laboratories
Others



Cell Culture Market by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
Key Players are:
1.Becton
2.Dickinson and Company
3.Thermo Fisher Scientific
4.Merck KGaA
5.HiMedia Laboratories
6.GE Healthcare
7.Lonza
8.Corning Incorporated
9.Sartorius AG
10.Eppendorf AG
11.PromoCell GmbH
12.Danaher Corporation
13.Irvine Scientific
14.InvivoGen
15.CellGenix GmbH
16.Sigma-Aldrich Co., LLC
17.Fujifilm Corporation
18.Agilent Technologies, Inc.
19.Cell Applications, Inc.
20.Cell Guidance Systems

Frequently Asked Questions:

1. What is the study period of the market?
Ans. The Global Cell Culture Market is studied from 2022-2029.

2. What is the growth rate of Cell Culture Market?
Ans. The Global Cell Culture Market is growing at a CAGR of 11.3% over next 6 years.

3. Which region has largest share in The Global Cell Culture Market?
Ans. North America holds the largest share.

4. What is the Global Cell Culture Market segment based on End-User?
Ans. Based on End-User, The Global Cell Culture Market is divided into Research Institutes, Pharmaceutical & Biotechnology Companies, Hospital & Diagnostic Laboratories, and Others.

5. Who are the key players in the Global Cell Culture Market?
Ans. The key players in the Global Cell Culture Market are Becton, Dickinson and Company, Thermo Fisher Scientific, Merck KGaA, HiMedia Laboratories, GE Healthcare, Lonza, Corning Incorporated, Sartorius AG, Eppendorf AG, PromoCell GmbH, Danaher Corporation, Irvine Scientific, InvivoGen , CellGenix GmbH, Sigma-Aldrich Co., LLC, Fujifilm Corporation, Agilent Technologies, Inc., Cell Applications, Inc., and Cell Guidance Systems